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Savanna lists Twitter’s Chelsea headquarters
Building at 245-249 West 17th Street underwent $29M in renovations
![Twitter And 245 And 249 West 17th Street](https://static.therealdeal.com/wp-content/uploads/2014/06/twitter-245-and-249-west-17th.jpg)
Savanna Capital Partners is looking to sell Twitter’s New York City headquarters at 245-249 West 17th Street in Chelsea.
The landlord hired the Eastdil Secured team of Doug Harmon, Adam Spies, Adam Doneger and Joshua King to market the 12-story office building and a six-story mixed-use property next door. Social media giant Twitter inked a deal for more than 140,000 square feet there in January, as previously reported.
The average rent at the site is $70.38 per square foot, according to Eastdil data cited by the New York Observer. Twitter, Flywheel and Room & Board collectively occupy 85 percent of the space. The two buildings have a total of nearly 281,300 square feet. They recently underwent a $29.4 million gut renovation, the Observer said. [NYO] — Mark Maurer