Industrious Signs 15-Year Lease At 902 Broadway In Flatiron District With Landlord David Koeppel

The property asset involved in this transaction is an office space located at 902 Broadway in the Flatiron District. The lease covers an area of 18,200 square feet, and the lease rate is set at $69 per square foot. The space is situated on the seventh floor of the Rosen family’s building.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $69/sq. ft.
• Address: 902 Broadway
• Market: Flatiron District
• Lease Term: 15 years, 10 months
• Landlord: David Koeppel - Koeppel Rosen
• Tenant: Jamie Hodari - Industrious
• Brokers: Justin Halpern & Edward Wartels - Cushman & Wakefield

This lease transaction sees Industrious expanding its footprint in Manhattan, indicating strategic growth in the area. The brokers involved are Justin Halpern and Edward Wartels from Cushman & Wakefield, representing the deal on behalf of the landlord and tenant.