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Commercial Observer has learned that an artificial intelligence development company that focuses on marketing events will relocate its office to Midtown.
van deluxe signed a lease agreement for 7,900 square feet with justin management in 115-125 West 30th StreetThe lease term was not disclosed, according to a person familiar with the agreement.
Officials said the asking rent was $46 per square foot.
“This space specifically worked for Vendelux for several reasons.” Cheryl Annabianserved as Justin Management’s representative within the company. adam justin“The space is gorgeous, with lots of south-facing windows and fully built out. Lately, we’ve realized that the way to get deals done is to create a space that gets delivered.” told the CO. Fully furnished. ”
Eric Siegel of LSL Advisor Negotiated on behalf of Venderax. Mr. Siegel declined to comment.
It’s not clear if this is a move, but Vendelux’s latest address is: 4 East 27th Street.
This space allows Vendelux to grow within its footprint. Anabian said tenant needs may require expansion at a later date, but he believes it is consistent with the company’s growth plans.
Vendelux was founded in 2021. alex reynolds and Stephen Deelan. The deal closed for $14 million. Series A round in November The company plans to use the funds to more than double its workforce and open an office in London, according to a press release.
Other tenants in the 12-story building, built around 1912, include a lending platform Renzi and healthcare providers holistic medicine.
Mark Hallum can be contacted at: mhallum@commercialobserver.com.
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