News: Brokerage

CBRE reps. Roland Foods in 28,850 s/f office lease at 115 West 18th St. in Chelsa

Manhattan, NY In a transaction arranged by CBRE, Roland Foods, LLC, a specialty food importer and distributor in the New York metropolitan area known for importing global ingredients and condiments, has inked a 28,850 s/f office lease at 115 West 18th St. The fine foods purveyor will relocate its corporate headquarters from Masonic Hall on West 23rd St. to the entire fifth floor of 115 West 18th St. The office space was previously WeWork’s headquarters location.

The CBRE team of Joseph DeRosa and John Isaacs represented Roland Foods in negotiations with the building ownership, Wasserstein Enterprises, which was represented by ABS Partners. The asking rent was $62 per s/f.

“The new office space allows Roland Foods to house its global headquarters in the heart of Chelsea, one of the most desirable Midtown South submarkets, where such large blocks of space on one floor are hard to come by,” said DeRosa. “In addition to the great location, the offices will be significantly renovated to provide a vibrant and welcoming environment for employees to come to every day.”

“Leasing our new office space is not just about finding a location; it’s about creating an environment that fosters innovation, collaboration, and a passion for specialty foods. This move will enable us to better serve our global community and elevate our brand to new heights,” said Keith Dougherty, CEO of Roland Foods. “Thanks to our dedicated brokers, Joe and John, who expertly navigated the market and understood our vision, we found a space that perfectly aligns with our goals and culture.”

Located in Chelsea, 115 West 18th St. is a six-story, boutique office property that is also home to Navan and Metropolitan Pavilion.

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