S’well deal: Bottle maker inks 25K sublease at Flatiron building

Company is leasing office space on West 23rd Street from AppNexus

TRD New York /
Mar.March 27, 2017 02:00 PM

All’s well that ends S’well. The maker of reusable drinking bottles signed a two-year sublease for 25,000 square feet of space at a West 23rd Street office building.

AppNexus is the sublessor at 28-40 West 23rd Street, the Wall Street Journal reported. S’well’s original headquarters at 50 West 17th Street were a quarter of the size, but the growing company ran out of space there and had been forced to put sales staff in a separate office. The staff numbers at the company doubled in the past year.

Asking rents are in the $60s and $70s per square foot at the building.

In 2013, AppNexus signed a 10-year lease for 220,000 square feet at the building, which is owned by the Cohen, Roos and Carmel families.

Last year, Blue Apron inked a deal to take the full fifth floor from the advertising technology firm on a short term basis. In 2015, Estee Lauder expanded to 166,000 square feet at the building. [WSJ]Miriam Hall


Related Articles

arrow_forward_ios
50 Rockefeller Plaza and Katten's Chris DiAngelo (Credit: Google and Katten)

Katten law firm moving to Rockefeller Center

An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

An aerial view One World Trade Center in Lower Manhattan (Credit: iStock)

On anniversary of 9/11, the World Trade Center office market is now helping propel Downtown

Clockwise from top left: 733 Third Avenue, 24-01 44th Road in Long Island City, 83 Maiden Lane, and 1745 Broadway (Credit: Google Maps)

These were NYC’s top office leases in August

arrow_forward_ios