SDC Capital Partners Signs 12-Year Lease For 22,531 Square Feet At 799 Broadway, Union Square

The property asset involved in this transaction is located at 799 Broadway in the Union Square market. It is an office building with an area of 22,531 square feet. The building is fully occupied following a recent lease agreement.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Lease Terms: 12-year lease
• Landlord: Nick Bienstock & Christopher Schlank - Savanna Fund
• Tenant: SDC Capital Partners
• Brokers: Evan Algier, David Mainthow, Michael Montesi & Nick Masi - Cushman & Wakefield; Benjamin Bass, Mitchell Konsker & Thomas Swartz - JLL

In this transaction, SDC Capital Partners has committed to a 12-year lease for the entire 12th floor of Savanna’s 799 Broadway, ensuring full occupancy of the property. The brokerage team involved includes notable individuals from Cushman & Wakefield and JLL, exemplifying strong representation in the deal.