Watershed Technology Signs 3.5-Year Lease For 15,180 Square Feet At 440 Lafayette Street

The property asset involved in this transaction is located at 440 Lafayette Street in NoHo, Manhattan. It encompasses an office space measuring 15,180 square feet. The tenancy is secured with a lease spanning 3.5 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 440 Lafayette Street
• Market: NoHo, Manhattan
• Square Footage: 15,180
• Landlord: Eric M. Gural & Brian R. Steinwurtzel - GFP Real Estate
• Tenant: Watershed Technology
• Landlord's Rep: Neith Stone - GFP Real Estate; Robert Silver, Anthony Sciacca & Brittany Silver - Newmark
• Tenant's Rep: Sacha Zarba & Conor Krup - CBRE

The transaction involved Watershed Technology, which entered into the lease to occupy the entire fifth floor, marking a relocation from 233 Spring Street. The landlord, GFP Real Estate, represents a notable presence in the market, working with multiple representatives from Newmark alongside their own team.