Acquisition of 444 Madison Avenue, New York

We’re pleased to share our recent acquisition of 444 Madison Avenue, New York.

Occupying the full block between 49th and 50th Streets along Madison Avenue, this 42-story Art Deco tower stands in the heart of Midtown Manhattan’s Plaza District, surrounded by leading global firms, luxury retail, and premier hotels. The property is just two blocks from the new JPMorgan Chase global headquarters at 270 Park Avenue, one of the most significant developments shaping the future of Midtown East.

The property underwent a major renovation in 2010 and a refresh in 2023, enhancing its amenities, lobby, and retail façade.

Current availability ranges from boutique full floors in the midrise and tower to a potential block of approximately 130,000 square feet, which may include prominent exterior “top of house” signage.

We view this acquisition as a strategic opportunity to reposition a landmark asset within one of the most resilient and sought-after office submarkets in the country. The building’s scale, location, and architectural character provide a strong foundation for long-term value creation through active leasing and operational enhancement.

JLL has been appointed as the exclusive leasing agent for the property.

This investment reflects our continued commitment to disciplined growth and portfolio diversification across select U.S. markets.

We view this acquisition as a strategic opportunity to reposition a landmark asset within one of the most resilient and sought-after office submarkets in the country. The building’s scale, location, and architectural character provide a strong foundation for long-term value creation through active leasing and operational enhancement.

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