Global financial platform Marex moving to Lexington Ave

Marex will relocate from 2 Grand Central Tower to 560 Lexington Ave, taking nearly 40,000 square feet of space.

Apr. 5, 2026 at 6:04pm

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The global financial platform Marex is moving its New York City offices from 2 Grand Central Tower to 560 Lexington Ave. The firm will occupy 39,552 square feet of space at the new location, with an asking rent of $84 per square foot. Marex was represented by a JLL team, while the landlord at 560 Lexington Ave was represented by a CBRE team.

Why it matters

This move highlights the continued demand for office space in Manhattan, with overall vacancy rates declining and asking rents rising in the first quarter of 2026. The relocation of a major financial firm like Marex to a new location also signals the evolving landscape of the city's commercial real estate market.

The details

Marex, a global financial platform, is leaving its current offices at 2 Grand Central Tower and will move to 560 Lexington Ave, where it will occupy 39,552 square feet of space. The asking rent for the new location was $84 per square foot. Marex was represented in the deal by a JLL team including Matthew Astrachan, Seth Godinck, and Krissy Kopans. The landlord at 560 Lexington Ave was represented by a CBRE team including Peter Turchin, Brett Shannon, Eric Deutch, and Jacob Rosenthal.

  • Marex will move to its new offices at 560 Lexington Ave.
  • The first quarter of 2026 saw strong office leasing activity across Manhattan, with overall vacancy rates declining and asking rents rising.

The players

Marex

A global financial platform that is relocating its New York City offices from 2 Grand Central Tower to 560 Lexington Ave.

JLL

The real estate firm that represented Marex in the lease transaction, including Matthew Astrachan, Seth Godinck, and Krissy Kopans.

CBRE

The real estate firm that represented the landlord at 560 Lexington Ave, including Peter Turchin, Brett Shannon, Eric Deutch, and Jacob Rosenthal.

Sovereign Partners

The new owner of 2 Grand Central Tower, where Marex's former offices were located.

Rudin

The landlord of 560 Lexington Ave, where Marex will be relocating.

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The takeaway

This move by Marex to a new office location on Lexington Ave reflects the continued strength of Manhattan's commercial real estate market, with declining vacancy rates and rising rents. The relocation of a major financial firm like Marex signals the evolving landscape of office space in the city, as companies seek out modern, amenity-rich workspaces to attract and retain top talent.