Nagarro Signs Eight-Year Office Lease At 195 Broadway With Landlord L&L Holding

The property asset involved in this transaction is an office space located at 195 Broadway in Manhattan. The asset encompasses a total of 41,854 square feet and is leased directly to Nagarro under a long-term agreement lasting eight years. Previously, Nagarro occupied the entire 25th floor under a sublease arrangement.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 195 Broadway
• Market: Manhattan
• Landlord: David Levinson - L&L Holding
• Tenant: Nagarro
• Landlord's Representative: Jonathan Tootell, Tanya Grimaldo & Giannina Brancato - L&L Holding Company
• Tenant's Representative: Sinclair Li, Peter Shikar & Connor DeSimone - CBRE

The deal features the collaboration of key representatives from both sides, with Jonathan Tootell, Tanya Grimaldo, and Giannina Brancato representing the landlord, L&L Holding, while Sinclair Li, Peter Shikar, and Connor DeSimone represented the tenant, Nagarro, through CBRE. This in-house handling of the deal by L&L Holding underscores their direct involvement in facilitating this lease agreement.