Swedish bank to move to Paramount’s 900 Third Ave. building

Paramount held up putting 900 Third Ave. on the sales market until a 17,346-square-foot lease for Handelsbanken to relocate its offices to the 17th floor was completed.

The 598,903-square-foot office building at 900 Third sits on the western blockfront between East 53rd and 54th streets. As Between the Bricks advised last week, the 36-story building is now being marketed by the Cushman & Wakefield team of Adam Spies and Douglas Harmon and is expected to fetch around $400 million.

The Stockholm-based bank was represented by David Kleiner, Frank Doyle, Clark Finney and Harlan Webster of JLL. It will move from the nearby fourth floor of 875 Third Ave., a smile-shaped tower on the east blockfront between 53rd and 54th streets.

Paramount was repped by a Newmark Knight Frank team of Brian Goldman, Robert Emden and David Emden and had an asking rent of $75 per square foot.

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