The office property located at 1540 Broadway in Times Square has been leased on a 15-year lease. The tenant, Pandora, has secured the space from the landlord, HSBC and Edge Fund Advisors, with the representation of JLL brokers Daniel Posy, Peter Michailidis, Robert Gibson, Clark Finney, Frank Doyle, Michael Pallas, and Carlee Palmer. The lease terms include an asking rent of $82 per square foot for a total of 27,936 square feet.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not Applicable (lease)
• Address: 1540 Broadway
• Market: Times Square

The lease agreement for the office space at 1540 Broadway was facilitated by JLL brokers Daniel Posy, Peter Michailidis, Robert Gibson, Clark Finney, Frank Doyle, Michael Pallas, and Carlee Palmer. Pandora, the tenant, will occupy the 27,936 square feet of office space for a duration of 15 years. The lease transaction was negotiated between the tenant's representatives and the landlord, HSBC and Edge Fund Advisors.