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Rating:Artisan Takes a Bigger Bite Out of the Big Apple Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, October 26, 2012

Artisan Takes a Bigger Bite Out of the Big Apple

News summary by MFWire's editors

Artisan Partners [profile] has significantly boosted its presence in New York City. The Commercial Observer reports that the Milwaukee, Wisconsin-based mutual fund shop expanded its midtown Manhattan office by more than 50 percent.

According to the Observer, Artisan moved into 1330 Avenue of the Americas a year ago, taking over the entire 10,000-square-foot 31st floor. Now Artisan's space includes 5,800 square on the 27th floor of the same building.

Eric Deutsch of CBRE represented Artisan for the expansion. The Observer talked to William Elder, executive vice president managing director of the New York division of RXR, which bought the building. According to the pub, about 85 percent of the building is occupied by Pearson, which owns the Financial Times and Ignites parent Money Media.

Artisan withdrew its IPO plans in December 2011, though in May 2012 CEO Eric Colson said that the Artisan team was "still considering [an] IPO." 

Edited by: Neil Anderson, Managing Editor

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