New York, NY – Global real estate advisor Avison Young has arranged a 6,577-square-foot (sf) full floor lease on behalf of Raiden Electric at 45 W 45th Street in Midtown Manhattan. The privately owned Local Union #3 I.B.E.W. electrical contractor MBE signed a 10-year lease for the entire 15th floor, relocating and expanding from its previous location at 11 Broadway.

The transaction reflects Raiden Electric’s continued growth and long-term commitment to New York City, with the new space offering increased efficiency, enhanced visibility and improved access to clients across Manhattan.

Avison Young Senior Director Patrick Steffens and Principals Martin Cottingham and Michael Gottlieb represented Raiden Electric in the negotiations. Cushman & Wakefield’s Harley Dalton, Pierce Hance and Samantha Perlman represented the landlord, AFIAA.

“This relocation marks a significant step forward for Raiden Electric as they expand into a space that better aligns with the scale and sophistication of their operations,” said Steffens. “Securing a full-floor presence in Midtown provides the company with the flexibility to grow, while enhancing connectivity to key clients and major transit hubs.”

Located in the heart of Midtown Manhattan’s Central Business District, 45 West 45th Street offers immediate access to the city’s core transportation network and is just a five-minute walk from Grand Central Terminal. Originally constructed in 1923, the 133,100-sf building has been extensively renovated to meet the needs of modern tenants while maintaining its historic character.