Global investment manager Capital Group has signed a 10-year 345 Park Avenue lease covering the entire 70,400-square-foot fourth floor of the Midtown Manhattan office tower, as part of a broader $38 million expansion of its New York City operations. The new office is expected to open in fall 2027. Capital Group will also retain its existing New York headquarters at 399 Park Avenue, making 345 Park Avenue an additional location rather than a relocation. The Los Angeles-based i