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Deals & Dealmakers

PR firm joins big names at new-look Nomad Tower

JLL has completed a 15-year lease for 27,040 s/f of office space with MWWPR at Global Holdings Management Group’s NOMAD TOWER at 1250 Broadway.

MWWPR, a public relations firm, will relocate from 304 Park Avenue South to occupy the entire third floor of the building. As part of the transaction, JLL was able to terminate MWWPR’s obligation early in order to accommodate a tenant’s needs.

MWWPR was represented by Alexander Chudnoff, Benjamin Bass and Kristen Morgan, associate, all with JLL. NOMAD TOWER was represented by Paul N. Glickman, Mitchell Konsker, Diana L. Biasotti and Harley Dalton, vice president, all with JLL.

Craig Panzirer, senior vice president and director of leasing, represented Global Holdings Management Group in-house.

“MWWPR was attracted to the building due to its evolving neighborhood amenities and the impressive building renovation,” said Chudnoff.
“The entire third floor will allow MWWPR to completely redesign and reimagine its space to continue to recruit and maintain an ideal workforce and corporate culture.”

MWWPR is the fourth tenant to sign a major lease at the building under the ownership of Global Holdings, which purchased the property in 2016.

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP signed for 44,718 s/f in April 2019, TransPerfect closed a lease for 123,000 s/f of space in February 2019 and Zillow Group took 130,000 s/f in late 2018.

Global Holdings has recently completed a $50 million-plus capital improvement campaign and repositioning that included a new lobby and amenities, two-story amphitheater with seating for nearly 100 people and tenant-only lounge.

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