Jones Lang LaSalle


Salesforce rises at Grand Central

Salesforce.com, a fast-growing Web service provider, is moving to bigger Manhattan digs.
The San Francisco-based company, which acquired Sendia Corp. for $15 million last week, has signed a 10-year lease for the entire 29th floor--15,750 square feet--at 140 E. 45th St., between Third and Lexington avenues. The asking rent for the office space was $56 a square foot.

Salesforce.com, which allows companies to track customer information online, subleases 4,250 square feet at 335 Madison Ave., between 43rd and 44th streets. It will move into its new offices in July.

In the wake of the deal, the only remaining spaces for lease at 140 E. 45th St., also known as 2 Grand Central Tower, are 1,500 square feet for ground-floor retail and 8,000 square feet of second-floor offices. Asking rents have yet to be assigned, according to Paul Amrich, senior director at Cushman & Wakefield Inc., which represents the building. Jones Lang LaSalle represented Salesforce.com.

Cushman & Wakefield is wrapping up a two-year campaign to lease 33 floors, or 425,000 square feet, at the building. The space became available when J.P. Morgan Chase vacated the building to consolidate back-office operations.

--Julie Satow