Eyal Ofer's Global Holdings Leases Office Space To UpStart Ventures In NoMad For $98 Per SF

The asset involved in this transaction is an office space located at 1250 Broadway in the NoMad market of Manhattan. The property encompasses a total area of 15,356 square feet and is being leased at an asking rent of $98 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $98/ft
• Lease Term: Seven years
• Landlord: Eyal Ofer - Global Holdings
• Tenant: UpStart Ventures
• Asking Rent: $98/ft
• Total Square Footage: 15,356
• Landlord's Representative: Alexander Radmin, Paul Glickman, Mitchell Konsker, Benjamin Bass, Kristen Morgan, Harrison Potter, Diana Biasotti - JLL
• Tenant's Representative: Scott Brown - Newmark

This transaction involved the health care venture capital firm UpStart Ventures, which is relocating its New York City office to the 33rd floor of Global Holdings’ Nomad Tower. The lease was facilitated by a team of representatives from JLL for the landlord and Scott Brown from Newmark for the tenant.