Compass puts HQ up for sublease – but still says agent-facing offices will remain open – Robert Khodadadian

, Compass puts HQ up for sublease – but still says agent-facing offices will remain open – Robert Khodadadian, Robert Khodadadian

Compass’ belt-tightening has come for its headquarters. The brokerage, which lost nearly $1 billion between the first quarter of 2021 and the third quarter of 2022, is shopping its headquarters near Union Square for sublease, has learned. Compass hopes to find a taker for all or a portion of the 89,000 square feet it occupies at RFR Realty’s 90 Fifth Avenue, with an asking price of roughly $60 per square foot. The

 Compass’ belt-tightening has come for its headquarters. The brokerage, which lost nearly $1 billion between the first quarter of 2021 and the third quarter of 2022, is shopping its headquarters near Union Square for sublease, has learned. Compass hopes to find a taker for all or a portion of the 89,000 square feet it occupies at RFR Realty’s 90 Fifth Avenue, with an asking price of roughly $60 per square foot. The
The post Compass puts HQ up for sublease – but still says agent-facing offices will remain open appeared first on New York.  Home Page, Residential Real Estate, breaking, compass, Manhattan Office Market, Residential Brokerage, Robert Reffkin The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

.com/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u62093e0d3b7cc18c89a42514222d97ef:hover .ctaButton { background-color: #141414!important; } .u62093e0d3b7cc18c89a42514222d97ef .centered-text { display: table; height: 80px; padding-left: 18px; top: 0; } .u62093e0d3b7cc18c89a42514222d97ef .u62093e0d3b7cc18c89a42514222d97ef-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u62093e0d3b7cc18c89a42514222d97ef:after { content: ""; display: block; clear: both; }
See also  Newest Auberge Resorts Hotel to Open in Fort Worth on October 28, 2022 at 4:03 pm Connect CRE – Robert Khodadadian

Leave a Reply

Your email address will not be published. Required fields are marked *