Chrysler Building Gets Creative: CAA Signs New Lease for New York City Offices

New York City - Tishman Speyer and Newmark Grubb Knight Frank announced today that Creative Artists Agency (CAA) signed a long-term lease for 74,550 square feet at the Chrysler Building at 405 Lexington Avenue in New York City. CAA is expected to take occupancy in fall 2013, taking floors 18 through 20 at the property.

CAA was represented by Newmark Grubb Knight Frank’s Neal Golden, Ross Perlman and Lee Brodsky. Tishman Speyer was represented in-house.

“We are extremely pleased to welcome CAA to the Chrysler Building,” said Tishman Speyer Co-CEOs Jerry Speyer and Rob Speyer. “It is fitting that CAA, which represents many of the world’s entertainment icons, will have its New York offices at one of the world’s most iconic properties.”

About Creative Artists Agency
Creative Artists Agency (CAA) is the world’s leading entertainment and sports agency, representing many of the most successful professionals working in film, television, music, video games, theatre, and the Internet, and provides a range of strategic marketing and consulting services to corporate clients. CAA is also a leader in sports, representing more than 700 of the world’s top athletes in football, baseball, basketball, hockey, soccer, tennis, and golf, and works in the areas of broadcast rights, corporate marketing initiatives, licensing, and sports properties for sales/sponsorship opportunities. The Intelligence Group, a market research and trend forecasting company, is a division of CAA.

About Newmark Grubb Knight Frank
A part of BGC Partners, Inc. (NASDAQ:BGCP), Newmark Grubb Knight Frank is one of the largest commercial real estate service firms in the U.S. It brings together the strategic consultative approach to creating value for clients and leading position in the New York market that are hallmarks of Newmark; the complementary strengths of Grubb & Ellis in leasing and management, investment sales, valuation and capital markets services; and BGC’s financial strength, proprietary technology, expertise in global capital markets and deep relationships with many of the world’s leading financial institutions.?

Newmark Grubb Knight Frank, together with its affiliates and London-based partner Knight Frank, employs more than 11,000 professionals, operating from more than 300 offices in established and emerging property markets on five continents. This major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide.