Savills secured a six-year, 34,325-square-foot lease for longtime client VTS, a leader in the commercial real estate industry’s proptech space. VTS will occupy the entire 14th floor at 3 Bryant Park, subleasing its new office from Salesforce.
“After an exhaustive search that included several submarkets, VTS identified 3 Bryant Park, a building in its current neighborhood, and a location that will remain central for all employees, as its new home,” said Jim Wenk, vice chairman, Savills. “VTS took advantage of favorable market conditions to secure an attractive package relative to direct pricing in the asset.”
VTS plans to relocate from its former headquarters at 141 W. 41st St. in the fourth quarter. Representing the proptech leader were Wenk, along with co-brokers Patrick Heeg of Transwestern and Sam Seiler of JLL. Salesforce was represented by Sacha Zarba, James Ackerson and Alice Fair of CBRE.
The post VTS Secures New Headquarters in Sublease from Salesforce appeared first on Connect CRE.
Savills secured a six-year, 34,325-square-foot lease for longtime client VTS, a leader in the commercial real estate industry’s proptech space. VTS will occupy the entire 14th floor at 3 Bryant Park, subleasing its new office from Salesforce. “After an exhaustive search that included several submarkets, VTS identified 3 Bryant Park, a building in its current neighborhood, and a location that …
The post VTS Secures New Headquarters in Sublease from Salesforce 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.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate