Major League Soccer (MLS) is set to expand its operations by moving to Vornado Realty Trust’s Penn 2 building, doubling its office space footprint. The league will relocate from its current 64,200-square-foot space at 420 Fifth Avenue to 126,000 square feet across two floors in the Penn District building.
The move comes as the office condominium at 420 Fifth Avenue, owned by Steve Witkoff, is up for sale, potentially prompting the MLS to seek new accommodations. The new space will include private use of a 770-square-foot outdoor area, as well as access to a 17,000-square-foot roof terrace and indoor pavilion shared with other tenants.
Cushman & Wakefield is the leasing agent for Vornado at Penn 2, while Joe Messina and Dan Posy of JLL negotiated the deal on behalf of the MLS.
The post MLS Relocats to Penn 2 with 126K-SF Lease appeared first on Connect CRE.
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.
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