Ramp Expands Office Space, Acquires 66,000 SF On West 23rd Street

The property involved in this lease transaction is located at 28-40 West 23rd Street in the Flatiron District of Manhattan. It is a mixed-use asset spanning a total of 66,000 square feet.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: Not applicable (lease)
• Address: 28-40 West 23rd Street
• Market: Flatiron District, Manhattan
• Square Footage: 66,000

Ramp, represented by Michael Mathias and Richard Johns of Cushman & Wakefield, is the tenant in this lease agreement. They are expanding their office space by moving to a larger location eight blocks uptown. The new space is situated on the entire second floor of the Home Depot building at 28-40 West 23rd Street. This move allows Ramp to occupy Microsoft's previous 66,000 square feet of office space in the Flatiron District of Manhattan.

On the landlord's side, Williams Equities, headed by Michael Berger, owns the property at 28-40 West 23rd Street. They were represented by Andrew Roos, Jessica Verdi, and Michael Cohen from Colliers International. Through this lease transaction, Ramp and Williams Equities have entered into an agreement that facilitates Ramp's expansion into the Flatiron District.