Office product designer takes 33K sf at
Grace Building

Humanscale will lease the entire 15th floor

New York /
Jan.January 22, 2018 12:57 PM

The Grace Building at 1114 Sixth Avenue (Credit: Marcela via Flickr)

A company that designs and manufactures ergonomic office products is moving its headquarters from NoMad to Midtown.

Humanscale has signed a 10-year lease for 33,000 square feet at 1114 Sixth Avenue, which is also known as the Grace Building, the Commercial Observer reported. The office product company was previously based at 11 East 26th Street, and it will occupy the entire 15th floor at the Midtown property, which is co-owned by Brookfield Property Partners and the Swig Company.

Asking rent on the lower floors of the property is in the high-$80s per square foot.

The Grace Building stands 49 stories tall and spans 1.6 million square feet, including a 30,000-square-foot outdoor plaza and 42,000 square feet of retail space. Other tenants include Sweetgreen, Bluestone Lane, Kreuther Handcrafted Chocolate and Flow Traders.

Swig and Brookfield also control the ground lease to the building next door, 1100 Sixth Avenue. Bank of America will be taking all 400,000 square feet of the building in 2019 after HBO moves to Hudson Yards. [CO] – Eddie Small


Related Articles

arrow_forward_ios
NJ construction official accused of siphoning funds from developers’ account
NJ construction official accused of siphoning funds from developers’ account
NJ construction official accused of siphoning funds from developers’ account
NYC City Council passes bill forcing hotels to dish out severance pay
NYC City Council passes bill forcing hotels to dish out severance pay
NYC City Council passes bill forcing hotels to dish out severance pay
Vorea, Domain and L+M close on $88M LIC development site
Vorea, Domain and L+M close on $88M LIC development site
Vorea, Domain and L+M close on $88M LIC development site
Condor Hospitality CEO J. William Blackham and Blackstone CEO Stephen Schwarzman (Condor, Getty)
Condor Hospitality selling hotels to Blackstone for $305M
Condor Hospitality selling hotels to Blackstone for $305M
Comptroller Scott Stringer (Getty)
City landlords’ tax delinquencies approach Great Recession levels
City landlords’ tax delinquencies approach Great Recession levels
Valley National CEO Ira Robbins and Bank Leumi USA CEO Avner Mendelson (Getty, Valley National, Bank Leumi)
Valley National acquiring Bank Leumi USA for $1.1B
Valley National acquiring Bank Leumi USA for $1.1B
Longfellow Real Estate Partners CEO Adam Sichol with renderings of 310 East 67th Street (Friends UES, Rendering by DBOX, Longfellow)
Blood Center rezoning on Upper East Side approved
Blood Center rezoning on Upper East Side approved
39 Clarkson Street (Google Maps)
Hudson Square office building sold for $46M
Hudson Square office building sold for $46M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...