Navan Leases 40,650-Square-Foot Office Space In Chelsea For $65/ft At 115 West 18th Street

Navan has signed a lease for a 40,650-square-foot office space at 115 W. 18th St. in Chelsea, Manhattan. The lease was secured for a rate of $65 per square foot. The property is owned by Wasserstein Enterprises.

Summary of transaction details

• Property Type: Office
• Address: 115 West 18th Street
• Market: Chelsea, Manhattan
• Tenant: Navan - Ariel Cohen
• Landlord: Wasserstein Enterprises
• Tenant's Representative: Bridget Fahey, Jon Moeller, Doug Regal & Jamie Katcher - Raise Commercial Real Estate
• Landlord's Representative: Andrew Udis, Ian Weiss & William Carr - ABS Partners Real Estate
• Asking Rent: $65 per square foot

Raise Commercial Real Estate represented Navan as the tenant in this lease transaction, while ABS Partners Real Estate acted as the landlord's representative for Wasserstein Enterprises.