Parker Conrad Of Rippling Leases 133000 Square Feet At 330 West 34th Street For 10 Years

The property asset involved in this transaction is located at 330 West 34th Street in the Penn District. It is an office space encompassing 133,000 square feet, with an asking rent of $85 per square foot. The lease for this property has been established for a term of 10 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $85/ft
• Square Footage: 133,000
• Address: 330 West 34th Street
• Market: Penn District
• Landlord: Steven Roth - Vornado Realty Trust
• Tenant: Parker Conrad - Rippling
• Landlord's Representative: Jared Silverman - Vornado Realty Trust
• Tenant's Representatives: Sacha Zarba & Jeffrey Fischer - CBRE
• Lease Term: 10 years

Rippling is moving its operations from 4 World Trade Center to this new location at Vornado’s 330 W. 34th St. The transaction was facilitated by Steven Roth representing Vornado Realty Trust as the landlord, while Parker Conrad's interests were represented by Sacha Zarba and Jeffrey Fischer from CBRE.