Thor Equities has leased two full floors at 139 Fifth Avenue in the Flatiron District to Bitly, company executives announced.
Currently located at 85 Fifth Avenue, Bitly is expanding into larger space with the deal.
The rapidly growing technology company shortens and provides intelligence on more than 600 million links and more than 10 billion clicks on those links per month for businesses, government organizations, non-profits and individual users.
Bitly leased 11,000 s/f on the top two floors of the building. CBRE’s David Kleinhandler and Michael Politi represented the tech company while a Cushman & Wakefield team of John Fitzsimmons, Ethan Silverstein and Mark Mandell represented Thor Equities.
Owned entirely by Thor Equities, 139 Fifth Avenue comprises a total of 31,500 square feet of office space. Located in the heart of Flatiron near Madison Square Park and Union Square, the boutique building features an attended lobby and is close to numerous subway lines. 139 Fifth Avenue also has 7,500 s/f of available retail space on the ground and lower level.
“Situated on a prime Flatiron block filled with trendy and innovative office tenants, 139 Fifth Avenue is the ideal location for Bitly and other leading technology companies,” said Adam Rappaport, Vice President of Office Leasing at Thor Equities.
Thor Equities owns additional properties on Fifth Avenue in the Flatiron District including 164 Fifth Avenue and 172 Fifth Avenue, as well as 933 Broadway near 22nd Street.