Brand New Sublease at 150 Varick Street

June 9, 2017

Tech Office Spaces Author

Washington D.C. Team Market Expert | Assistant Director, Savills Studley | DC/MD/VA Licensed Real Estate Broker

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Incredibly High-End Sublease in SoHo

One of the most unique buildings for tech, advertising, media, and information firms is 150 Varick Street. Located in SoHo at Varick and Spring the asset is just a block away from the Spring Street station and a stone’s throw from Holland Tunnel giving it great accessibility to New Jersey as well as the rest of Manhattan. The neighborhood is one of the most desirable in New York City as it is in close proximity to exciting nightlife, fantastic restaurants, and cool new retail. The 232,500 rentable square foot building is 100% leased with only sublease space available. Wieden Kennedy, the full-service advertising agency based in Portland, moved to the building several years ago and has been a long-standing tenant. They currently occupy roughly 70,000 square feet on floors 5 through 8 in the Greiner-Maltz owned building. Most recently, however, they have decided to put a piece of their growth space on the market for sublet on the 8th floor.

Measuring 11,625 rentable square feet, the unit features outstanding light and views on an efficient floor plate. Available immediately for occupancy, an incoming subtenant would be able to lease the space on a flexible basis (2-4 years), which is extremely important for growing TAMI tenants. The unit is practically brand new and built out with two conference rooms, a wet pantry, and the rest open area (click here to see a floor plan). Constructed with high-end finishes including polished concrete floors, glass-fronted conference rooms and exposed ceilings, this will result as the best deal in the Hudson Square area (mid $40’s deal).

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