Munich RE Affiliate Consolidating NYC Offices to 330 Madison

Munich RE Affiliate Consolidating NYC Offices to 330 Madison

MEAG, the asset management arm of Munich Re, is bringing three of its New York City offices into a single building, Commercial Observer has learned.

The real estate firm will be consolidating its offices at 540 Madison Avenue, 437 Madison Avenue and 1177 Avenue of the Americas to 75,000 square feet on the 12th and 13th floors at 330 Madison Avenue, according to sources familiar with the deal. Munich RE owns the property while JLL handles all leasing in the building. Asking rents and the length of the lease were not disclosed.

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