Fund Administrator Hanover Park Inks 19K-SF Deal at 387 Park Avenue South
An artificial intelligence-driven fund administrator is moving its headquarters to TF Cornerstone’s 387 Park Avenue South, Commercial Observer has learned. Hanover Park signed a 19,269-square-foot lease on the entire 10th floor of the NoMad property, marking its fifth office…
An artificial intelligence-driven fund administrator is moving its headquarters to TF Cornerstone’s 387 Park Avenue South, Commercial Observer has learned. Hanover Park signed a 19,269-square-foot lease on the entire 10th floor of the NoMad property, marking its fifth office…
BELLINGS Intelligence Score: 8
Why it matters
This is a routine commercial real estate lease transaction involving a fund administrator relocating its office, with no direct impact on credit markets or lending conditions.
Sources
Commercial Observer
Fund Administrator Hanover Park Inks 19K-SF Deal at 387 Park Avenue South
An artificial intelligence-driven fund administrator is moving its headquarters to TF Cornerstone’s 387 Park Avenue South, Commercial Observer has learned. Hanover Park signed a 19,269-square-foot lease on the entire 10th floor of the NoMad property, marking its fifth office…