DAZN Signs 10,000 Square Foot Lease At SJP Properties 470 Park Avenue South In Midtown South

The property asset involved in this transaction is an office space located at 470 Park Avenue South in the Midtown South market. The leased space encompasses 10,000 square feet and is part of a building that has recently undergone significant upgrades with a $15 million renovation. The rental rates for spaces in this building range from $52 to $63 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 470 Park Avenue South
• Market: Midtown South
• Square Footage: 10,000
• Landlord: SJP Properties
• Tenant: Dazn
• Landlord's Representative: James Ackerson, Joshua Pernice, Neil King & Paul Amrich - CBRE
• Tenant's Representative: John Johnson Jr & Nicholas (Nick) Farmakis - Savills

This lease marks Dazn's relocation of its NYC offices from 1 World Trade Center to the new address. The transaction illustrates the ongoing commitment of sports streaming service companies to secure modern office spaces that meet their operational needs.