Paramount Group, Inc., New York's largest international real estate investment and management firm, has just executed an expansion lease with long-term tenant Shiseido Americas Corporation at its 900 Third Avenue office tower. The global cosmetics firm, which previously leased two full floors at the 36-story Class A property, has leased an additional full floor and now occupies just under ten percent of the 593,000-square-foot building.

We have long enjoyed having one of the most prestigious names in the international cosmetics industry make 900 Third Avenue its U.S. headquarters, and we are delighted that Shiseido Americas has expressed its satisfaction with Paramount Group by taking an additional full floor in one of the most dynamic locations in midtown Manhattan, said Albert Behler, President & CEO of Paramount Group. We thank Shiseido Americas for its loyalty and look forward to continuing to provide the firm with premium space, fantastic accessibility, glorious views and a committed, hands on management staff for many years to come.

Shiseido Americas Corporation has enjoyed its two-decade relationship with Paramount at 900 Third Avenue and was pleased to be able to continue to grow its business at this prestigious corporate address, stated Studley Executive Managing Director John A. Mambrino, who represented the tenant in the long-term leasing transaction. Paramount Group was represented in-house by Vice President of Leasing Peter Brindley.