Tritech Communications, a New York City-based company, has signed a seven-and-a-half-year lease for 12,000 square feet of office space at 333 Seventh Avenue in the Chelsea market. The office space, owned by Samco Properties, was leased at an asking rent of approximately $55 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 333 Seventh Avenue
• Market: Chelsea
• Tenant: Tritech Communications
• Tenant's Representative: Kirill Azovtsev & Jim Wenk - Savills
• Landlord: Samco Properties
• Landlord's Representative: Brett Harvey - JLL
• Asking Rent: $55/ft.
• Lease Terms: Seven-and-a-half-year

Tritech Communications made the decision to consolidate its two New York City offices and relocate to Chelsea. The company sought 12,000 square feet of office space at 333 Seventh Avenue, and their representatives, Kirill Azovtsev and Jim Wenk of Savills, successfully negotiated the lease agreement with landlord representative Brett Harvey from JLL.