Microsoft is mulling a Soho flagship

The move signals the tech giant is looking to expand its brick-and-mortar presence

TRD New York /
Sep.September 17, 2018 05:59 PM

Microsoft CEO Satya Narayana Nadella and 300 Lafayette Avenue (Credit: Getty Images and COOKFOX)

UPDATED September 18, 10:12 a.m.: Microsoft has been eyeing a Soho office-and-retail building for a flagship store.

As other tech giants increasing expand their brick-and-mortar operations, Microsoft is looking to do the same. The company has reportedly looked at leasing at 300 Lafayette Street, taking retail and possibly some office space, according to Crain’s.

The outlet reported that no deal has been confirmed and that negotiations are in early stages.

The 80,000-square-foot property is being developed by Related Companies and LargaVista Companies. Related sold the building to Nightingale Properties, a Manhattan-based investment firm founded by Elie Schwartz and Simon Singer, last year.

The building, which is designed by COOKFOX Architects and Studio 5, includes 50,000-square-feet of office space and 30,000-square-feet of retail space. [Crain’s] — David Jeans

The story has been updated to include LargaVista Companies as a co-developer of 300 Lafayette Street.


Related Articles

arrow_forward_ios
An aerial view of a pop-up drive-in theater built in the parking lot at the Broadway Commons in Hicksville, New York (Getty)

Covid pummeled shopping centers, but their parking lots are thriving

Covid pummeled shopping centers, but their parking lots are thriving
20 West 33rd Street (20West33rd)

Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project

Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project
Bank OZK CEO George Gleason (Unsplash; Bank OZK)

Bank OZK’s lending up in third quarter

Bank OZK’s lending up in third quarter
Gap CEO Sonia Syngal (Getty)

Gap Inc. will close 350 stores and exit malls entirely

Gap Inc. will close 350 stores and exit malls entirely
Steve Cohen and Citi Field (Getty)

Citi Field lease clause could stymie billionaire’s quest for the Mets

Citi Field lease clause could stymie billionaire’s quest for the Mets
Consumers are using streaming services more than ever, and data center real estate is booming (iStock)

Real estate for data centers is having a moment

Real estate for data centers is having a moment
Paul Manafort and Manhattan district attorney Cyrus Vance, Jr. (Getty)

Manafort mortgage-fraud case dismissed, again

Manafort mortgage-fraud case dismissed, again
Howard Hughes’ Saul Scherl and a rendering of 250 Water Street (Getty, The Howard Hughes Corporation/SOM)

Howard Hughes to launch review process for $1.4B Seaport tower

Howard Hughes to launch review process for $1.4B Seaport tower
arrow_forward_ios

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

Loading...