News: Brokerage

Bakkt signs 10,000 s/f lease in Manhattan’s Meatpacking District

New York, NY In a transaction arranged by CBRE, Bakkt Holdings, Inc., a digital asset company listed on the New York Stock Exchange under the ticker symbol BKKT, has signed a 10,435 s/f lease for an office in the Meatpacking District. Bakkt, which operates a technology platform that connects the digital economy, will occupy the entire fourth floor of Rockpoint’s 412 West 15th St. 

The CBRE team of Paul Amrich, Neil King and James Ackerson spearhead leasing at the Class A boutique office property and represented Rockpoint in the negotiations. CBRE’s Arkady Smolyansky and Jacob Rosenthal acted on behalf of Bakkt in the deal.

“The Meatpacking District has become one of the most sought-after office markets in Manhattan,” said Smolyanksy. “This lease by Bakkt not only allows the technology company to occupy Class A office space for its New York City operations, but also brings the building to 100% occupancy.” 

Totaling approximately 255,000 s/f, 412 West 15th St. has over 350 feet of retail frontage along the bustling 14th and 15th Street corridors. 

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