KSR Leases 22,000 SF Office At 1385 Broadway From Bloomingdale Properties For 10 Years

The lease transaction involves an office asset located at 1385 Broadway, specifically on the 19th Floor, within the Midtown market. The tenant, KSR, is securing an additional 22,000 square feet of office space, complementing their existing offices on the 22nd and 20th floors. The asking rent for this space is set at $55 per square foot, and the lease term has been agreed upon for 10 years, classified as an Other lease type.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $55/ft
• Square Footage: 22,000
• Address: 1385 Broadway (19th Floor)
• Market: Midtown
• Landlord: Bloomingdale Properties
• Tenant: KSR
• Brokers: Brian Neugeboren & Nicole Goetz - Savitt Partners
• Lease Term: 10 years
• Lease Type: Other

In this transaction, Brian Neugeboren and Nicole Goetz from Savitt Partners represent the interests of the tenant, KSR. Their role was crucial in facilitating the expansion of KSR's office footprint in the Midtown area.