The property asset involved is an office space located at 160 Varick Street in Hudson Square, encompassing a total area of 10,211 square feet. This space is situated in a market where office rents average $85.81 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Lease Term: Seven-year lease
• Landlord: Laura Hines-Pierce - Hines
• Tenant: JB Osborne - Red Antler
• Landlord's Representative: Benjamin Joseph, Howard Fiddle, Neil King, Paul Amrich & Zachary Price - CBRE
• Tenant's Representative: Joseph Sipala & Lance Yasinsky - JLL
• Market: Dumbo

Red Antler has signed the lease indicating a trend of businesses relocating to Manhattan, reflecting an interest in the innovative atmosphere of Hudson Square. The brokerage teams from CBRE and JLL facilitated the negotiations, representing both the landlord and the tenant respectively.