Hebbia AI Signs 27,000 SF Lease At One SoHo Square With Landlord Stellar Management
One Soho Square
$105
$105/SF
Building Size
27,000 SF
Asset Type
Office
Closing
Sep 15, 2026
About this deal
AI
The asset involved in this lease transaction is an office space located at One SoHo Square, 161 6th Ave in Hudson Square. The property encompasses a total square footage of 27,000 square feet, with an asking rent of $105 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $105/ft
- Address: One SoHo Square - 161 6th Ave
- Market: Hudson Square
- Size: 27,000 SF
- Landlord: Stellar Management
- Tenant: Hebbia AI
- Landlord's Representative: Brett Shannon, Arkady Smolyansky & Stephen Siegel - CBRE
- Tenant's Representative: Joseph Sipala - JLL
This lease marks Hebbia AI's relocation within Stellar Management's property, having signed a lease for the entire 8th floor. The transaction was facilitated with the assistance of representatives from CBRE and JLL, indicating a collaborative effort among various stakeholders in the real estate industry.
Players
Hudson Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
151076.19%
Cash-on-Cash
-43178.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93