Matthew Astrachan is a vice chairman in JLL's New York office. He focuses on leasing and sales activities in the New York Region and across the United States. Mr. Astrachan is equally accomplished in both tenant and owner representation, and has been responsible for completing several of New York City's most significant transactions over the past decade. His efforts on behalf of tenants led to strategic plans that fulfilled business objectives and real estate solutions that allowed for productivity and profitability going forward. For owners, he has created marketing plans that identified optimal users for available space and arranged transactions that ultimately increased the value of the property. He has sold properties at values well above market. Mr. Astrachan has also worked with developers to market and lease space in speculative projects and buildings under construction. He joined JLL in 2011.
Tenant representation, agency leasing, site selection
Years of experience
Prior to joining JLL Matthew was an Executive Vice President with Cushman & Wakefield, Inc.
Prior to joining C&W, Matthew was a Managing Director at The Galbreath Company.
Reuters America Holdings 550,000 s.f. consolidation of New York Tri-state operations
Oppenheimer & Co. 275,000 s.f. headquarters consolidation at 85 Broad Street, New York, NY 90,000 s.f. renewal at 200 Park Avenue, New York, NY 35 transactions nationally totalling 160,000 s.f.
AXA Equitable Life Insurance Co. 1.5 million s.f. of leases nationally, including a 150,000 s.f. Customer Service Center Relocation in Charlotte, NC 280,000 s.f. disposition at 1290 Avenue of the Americas, New York, NY
American Capital 110,000 s.f. headquarters expansion/extension in Bethesda, MD 55,000 s.f. "blend and extend" at 505 Fifth Avenue, New York, NY
Phillips-Van Heusen Corporation 225,000 s.f. expansion/extenstion of Warnaco's headquarters at 501 Seventh Avenue, New York, NY 250,000 s.f. headquarters renewal/expansion at 200 Madison Avenue, New York, NY 195,000 s.f. renewal of Calvin Klein's headquarters at 205 West 39th Street, New York, NY 75,000 s.f. expansion for Tommy Hilfiger at 601 West 26th Street, New York, NY 250,000 s.f. lease for back-office operations, Bridgewater, NJ 850,000 s.f. automated distribution facility, Atlanta, GA 50,000 s.f. disposition, Montreal, Canada
HSBC Bank 83,000 s.f. lease at One Hanson Place, Brooklyn, NY 75,000 s.f. expansion at 330 Madison Avenue, New York, NY
Reader’s Digest 220,000 s.f. consolidation in the New York area 65,000 s.f. sale and 60,000 s.f. relocation in Milwaukee, WI
Dechert, LLP 234,000 s.f. lease at 1095 Avenue of the Americas, New York, NY 50,000 s.f. lease at 1900 K Street, Washington, DC
CIBC 130,000 s.f. lease in 417 Fifth Avenue, New York, NY 300,000 s.f. of transactions in 425 Lexington Avenue, New York, NY
Arent Fox Kintner Plotkin & Kahn 86,000 s.f. renewal/expansion in 1675 Broadway, New York, NY
Discovery Channel 150,000 s.f. lease at 850 Third Avenue, New York, NY
New York Housing Authority 300,000 + s.f. of leasing transactions, New York, NY
Kohl’s Department Stores 120,000 s.f. long-term expansion/relocation at 1400 Broadway, New York, NY
Eugene Hoffman Management: 350,000-s.f. renewal of Home Box Office at 1100 Avenue of the Americas, New York, NY
Chetrit Group: 275,000-s.f. headquarters lease to 32BJ SEIU at 620 Avenue of the Americas, New York, NY
SJP Properties: 200,000-s.f. lease to Microsoft at 11 Times Square, New York, NY
E. J. Minskoff Equities: 175,000-s.f. lease to New York Genome Center at 101 Avenue of the Americas, New York, NY
Stellar Management: Sale of the 600,000-s.f. 522 Fifth Avenue to Morgan Stanley
KBS Realty Advisors: Sale of the 325,000-s.f. 245 Fifth Avenue to The Moinian Group
Emmes Asset Management: Sale of the 325,000-s.f. 417 Fifth Avenue to Murray Hill Properties
HSBC Bank USA, N.A.: Sale of the 380,000-s.f. One Hanson Place, Brooklyn, NY to The Dermot Company for residential conversion
KBS Realty Advisors: Sale of the 300,000 -s.f. 619 West 54th Street to Taconic Investment Partners
2011, 2012, 2013 Jones Lang LaSalle Top Gun
Cushman & Wakefield’s elite group of top 10 real estate professionals; 2001, 2008, 2009, 2010
Cushman & Wakefield’s elite group of top 100 real estate professionals; 1995-2010
University of Wisconsin, BA in Economics
Real Estate Board of New York
Department of Economics Advisory Board of the University of Wisconsin, Madison