New York, NY – June 6, 2019 – Cushman & Wakefield announced today that the real estate services firm has arranged a 14,906-square-foot, ten-year lease for Rubicon Project, an online advertising technology firm, for the entire 15th floor of Nomad Tower at 1250 Broadway.
Cushman & Wakefield’s Conor Kenny, Christine Colley and Jack Ortlieb represented the tenant in the transaction. The landlord, Global Holdings, was represented by Mitch Konsker, Paul Glickman, Ben Bass, Dianna Biasotti, and Harley Dalton of JLL.
“The client was attracted to the recent renovations and amenities at Nomad Tower,” said Conor Kenny of Cushman & Wakefield. “With abundant access to public transportation that benefits commuters throughout the region, the centralized neighborhood suited Rubicon Project’s needs.”
1250 Broadway, also known as Nomad Tower, is a thirty-nine story glass and steel tower encompassing an entire block front on Broadway between 31st and 32nd streets. The building has recently undergone extensive renovations that include a new entrance, lobby and amenity spaces. Tenant amenities in the building include an amphitheater, lounge, bike room, meeting spaces, a car garage and fitness center. The property is LEED Gold certified, Energy Star certified and Wired Certified Gold. The building was acquired by Global Holdings in 2016.
Nomad Tower is located at the edge of the dynamic NoMad neighborhood in the heart of the 34th street shopping destination. The property is accessible to twelve subway lines and the PATH trains at Herald Square and Penn Station.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
About Global Holdings Group
Eyal Ofer’s Global Holdings Group is a private real estate holding conglomerate that specializes – directly and with strategic partners – in large scale iconic office buildings, hotels and luxury residential developments, as well as investment and development assets in prime locations across North America, the United Kingdom and Europe. Global’s current portfolio consists of over 10 million square feet of real estate, comprising over 100 properties and 2,500 hotel rooms. Global’s New York City properties include Class A office buildings such as 120 Park Avenue, 99 Park Avenue, 410 Park Avenue and 875 Third Avenue, and iconic residential developments such as 15 Central Park West, the Greenwich Lane, 18 Gramercy Park and 50 United Nations Plaza. Global Holdings Management Group (www.globalholdings-mgmt.com) exclusively develops, advises and manages the real estate assets of Global Holdings Group.