Online food ordering platform Olo takes 36K sf of prebuilt space at 1 WTC

Building is now 83% leased

New York /
Jun.June 18, 2019 08:48 AM
Olo founder and CEO Noah Glass and 1 World Trade Center (Credit: Venture for America and Pixabay)

Olo founder and CEO Noah Glass and 1 World Trade Center (Credit: Venture for America and Pixabay)

Olo, a tech firm that provides online ordering services for restaurant chains, is the latest company to take its pick from the menu of prebuilt offerings at the Durst Organization’s One World Trade Center.

The company has just signed a lease for the building’s entire 82nd floor, with a floor area of 36,099 square feet, the New York Post reported. The asking rent was $82 per square foot.

The lease takes another bite out of the 400,000 square feet of prebuilt office space Durst had set aside in the 104-story tower with the aim of attracting high-growth tech tenants. Digital marketing company BounceX signed a lease for 79,000 square feet on the 74th and 75th floors in October.

Together with a nearly 11,000-square foot expansion for artificial intelligence firm ASAPP, the Olo deal brings 1 WTC to 83 leased.

Olo’s previous digs were also in the Financial District, at the Chetrit Group’s 26 Broadway, also known as the Standard Oil Building.

Newmark Knight Frank’s Brian Lee and Travis Wilson represented the tenant, while a Newmark team led by David Falk represented Durst. [NYP] — Kevin Sun


Related Articles

arrow_forward_ios
(iStock)
These were Manhattan’s best office submarkets in Q4
These were Manhattan’s best office submarkets in Q4
Here’s what tenants are paying at Silverstein’s 120 Wall Street
Here’s what tenants are paying at Silverstein’s 120 Wall Street
Here’s what tenants are paying at Silverstein’s 120 Wall Street
1301 6th Avenue, Paramount CEO Albert Behler and 31 West 52nd Street (Getty; Hines/Photo Illustration by Kevin Rebong for The Real Deal)
Paramount Group revenue declined $30M in 2020
Paramount Group revenue declined $30M in 2020
Celebrity broker Ryan Serhant and his firm's future office. (PopShop, Ryan Serhant)
Ryan Serhant leases 15K sf to open Soho HQ
Ryan Serhant leases 15K sf to open Soho HQ
Condé Nast CEO Roger Lynch and Durst Organization chairman Douglas Durst (Getty, iStock)
Condé Nast considers move to Gold Coast to save money
Condé Nast considers move to Gold Coast to save money
Robinhood founders Vladimir Tenev and Baiju Bhatt (Robinhood)
Robinhood looking for NYC office as Reddit traders upend Wall St.
Robinhood looking for NYC office as Reddit traders upend Wall St.
Apple CEO Tim Cook and Kaufman Astoria Studios at 34-11 36th Street in Astoria (Getty; ONstate Kaufman)
Apple TV+ signs big lease at Kaufman Astoria Studios
Apple TV+ signs big lease at Kaufman Astoria Studios
Freshly CEO Michael Wystrach and 28 East 28th Street (Photos via Twitter; Google Maps)
Freshly inks big lease in NoMad
Freshly inks big lease in NoMad
arrow_forward_ios

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

Loading...