PNC Renews Madison Ave Office and Retail Space

Publicly traded, Pittsburgh-based PNC Bank has opted to retain its office and retail space at 340 Madison Avenue. A tenant at the building since 2008, PNC signed a 5-year renewal for the 64,941 square feet of office space the bank currently occupies on the 10th through 12th floors and the 5,336-square-foot retail for the bank branch. Financial terms of the deal were not disclosed.