Ad-tech company PubMatic has inked a deal for 12,000 square feet of space in the Candler building at 220 West 42nd Street.
The new space in the heart of Times Square, above a McDonald’s, comes as the Redwood City, Calif.-based firm expands its New York team to more than 60 employees from 40. The company will relocate in November, at which point subletter Live Nation, located alongside PubMatic’s current digs at West 39th Street and Broadway, will have the option to expand.
Crains did not indicate the price per square foot or the brokers representing the deal. [Crain's] — Julie Strickland