Brand New TAMI Sublease with Outdoor Space

March 1, 2016

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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Recently Built & Furnished Creative Office Space with Potential For Terrace in Midtown – New York City

The Grand Central submarket, as it relates to commercial real estate, is one of the most active office space locations in Manhattan. Since the construction of Grand Central Terminal in 1871, the surrounding office buildings have been perpetually in demand due to the level of access and convenience the transit hub provides. Still today, there is no shortage of people looking for furnished, plug & play, and creative office spaces, especially in this popular workplace destination. Although not yet on the market, there is a unique opportunity being offered for sublease at 260 Madison Avenue from Third Bridge Inc., formerly known as Cognolink.  Third Bridge constructed this collaborative, creative, fun and efficient space with the goal of recruiting millennials. It worked so well that they have outgrown the space and will be moving out in June.

This 12,841 rentable square foot unit includes open space for over 100 people, 8 breakout rooms, a large board room, and a café style pantry. Additionally, it features a large (potentially) usable terrace, exposed ceilings, and full-height glass office fronts (click here for a floorplan). This space will be delivered fully furnished and has a finite sublease term through October 30, 2022. For a company looking for a high-density, plug and play environment, this value proposition is second to none. Available for possession July 1, 2016, this unit will surely lease quickly. Please feel free to contact us for pricing here or any questions you may have.

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