Colliers signs 28,500 s/f in leases at 1140 Broadway

In a wave of new activity, Colliers International has signed 28,500 s/f across four leases at 1140 Broadway, a prime, 16-story, 140,000 s/f office building in the heart of NoMad. The transactions are a combination of new leases and new renewals, adding to an already impressive roster of tenants. Situated on the corner of 26th St., 1140 Broadway is distinguished by its terracotta facade, beautiful historic feel, abundant natural light, high ceilings, and a prime location in the vibrant NoMad District. The Colliers International Tri-State leasing team, which arranged all four leases on behalf of the landlord, included executive managing director Michael Joseph and vice chairman Andrew Roos, who is also part of the building's ownership. In the first new transaction, content and e-commerce media company F+W leased 8,500 s/f, taking the entire 14th floor on a long-term basis. F+W, which is relocating within Midtown South, will occupy its new space by the end of the third quarter pending extensive build out of its space. Alan Wildes, of Cushman & Wakefield, represented the tenant. In the second transaction, global high-end carpet and rug design company Tai Ping Carpets, which is relocating from the Flatiron District, signed a long-term, 3,000 s/f showroom lease on the 12th floor. Tai Ping will occupy its new space in early fall 2014. Mark Mandell and Corey Horowitz, of Cushman & Wakefield, represented the tenant. Meanwhile, two existing tenants renewed their spaces with new long-term leases: * mtheory, a partner of S2BN Entertainment, signed an 8,500 s/f renewal for the full fourth floor, which the music industry support services company had previously occupied on a short-term basis. * B Robinson Optical, an eyewear and sun wear design company that has been a tenant in the building for more than 40 years, renewed its 8,500 s/f lease for the entire 11th floor, which is currently undergoing extensive renovation. "With numerous amenities and a great location in the landmarked Flatiron District, 1140 Broadway continues to attract and maintain an eclectic community of tenants," Joseph said. "F+W and Tai Ping Carpets are prime additions to the asset, which has been a major catalyst in drawing notable tech, creative, media, entertainment, and architecture tenants to the neighborhood." The most recent transactions add to an impressive roster of existing tenants, which include: international family show and event entertainment company S2BN Entertainment, partners with mtheory and headed by Michael Cohl, a former chairman of Live Nation, producer of the Broadway production of Spiderman, and a legend in the rock promotion business; an office for restaurateur and television personality Bobby Flay; experiential design and branding studio ICRAVE; clinical genomic testing company Recombine; and office and home storage manufacturer Bisley Furniture, among others. The office building at 1140 Broadway was constructed in 1915 and purchased by the Roos and Cohen families in the early 1950's, before the existing partnership of Andrew Roos and Michael Cohen of Colliers International took charge and meticulously restored the property's original architectural features in the 1990's. The building's ground floor retail tenants include Starbucks and Vin Surg Vingt, a wine bar and restaurant.