Somerset Partners

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450 Park Ave Ste 1403
New York, NY 10022
+1 (212) 825-1300
http://www.somersetpartnersllc.com

Somerset Partners is a prominent real estate investment firm based in New York City, specializing in the acquisition and development of office and retail properties. With a focus on prime locations, Somerset aims to enhance the market position of its assets by upgrading tenant services and amenities, as well as attracting high-profile tenants.

One of Somerset's notable properties is 450 Park Avenue, a 33-story building located in the Plaza District of New York City. This prestigious asset offers approximately 335,000 square feet of rentable space, making it an ideal choice for top-tier financial advisory boutiques and investment firms. Somerset's strategic efforts during the hold period included the development of pre-built offices and the successful repositioning of retail space, attracting renowned tenants such as Phillips de Pury Company, the world's third-largest art auction house.

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