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Brokerage
Posted: September 9, 2025
Janel Corporation extends lease at GFP’s 80 Eighth Ave.
Manhattan, NY According to GFP Real Estate LLC, Janel Corporation (OTCQX: JANL), a publicly traded holding company that acquires and supports businesses across various sectors, primarily operating through its subsidiaries in logistics, life sciences, and manufacturing, has signed a three-year lease extension for its 3,301 s/f offices on the 15th floor of 80 Eighth Ave. in Chelsea.
Matthew Mandell of GFP Real Estate represented the landlord, GFP Real Estate, and the tenant, Janel Corporation, in the transaction. The company, which first moved into the building in 2017, will continue to use the space for its general and executive offices.
“Janel Corporation has been a dependable, long-term tenant at 80 Eighth Avenue, and we’re pleased to continue that relationship,” said Mandell. “Their decision to remain in the building speaks to the quality of the space and the strength of our partnership. We’re proud to support their continued success here in Chelsea.”
Built in 1929 and standing 282 feet tall, 80 Eighth Ave. is most well-known as the Banker’s Trust Company Building, which has occupied the building for over 70 years. This 20-story building, designed by the esteemed architect William Whitehall in a neo-gothic style, offers 185,000 s/f of commercial space and a newly renovated lobby that showcases its authentic architectural elements and modernizes its appeal to today’s tenants.
Located at the crossroads of Chelsea, the Meatpacking District and the West Village, 80 Eighth Ave., is just a block away from Google’s New York Headquarters, Chelsea Market and Apple W14th. The A, C, E and L trains are situated directly behind the building, while the 1, 2, and 3 trains are one block away.
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