Cushman & Wakefield has arranged a long-term, 6,552 s/f ground floor lease on behalf of Sundaram Tagore Gallery at 540 West 26th Street in Chelsea.
Sundaram Tagore Gallery will be relocating from its existing location on 27th Street where it has been situated for more than twenty years.
Cushman & Wakefield’s Steven Soutendijk, Sean Moran and Patrick O’Rourke represented the landlord, an affiliate of Dallas-based RAMROCK Real Estate, LLC, while Molly Sandza, also of Cushman & Wakefield, represented the tenant.
“Sundaram has a strong commitment to New York City and this lease is a great endorsement of the neighborhood’s thriving art scene,” said Sandza.
“I’m thrilled to be moving into this beautifully designed new building on this vibrant, art-filled block. It’s the perfect setting for mounting exciting exhibitions,” added Sundaram Tagore.
Established in 2000 in SoHo, Sundaram Tagore Gallery is a contemporary art gallery representing established and emerging artists around the globe. The gallery has additional locations on Madison Avenue and in Singapore and London.
“The team worked diligently to secure a fantastic tenant in a difficult leasing environment. This new location will allow the gallery to grow its space and presence in the neighborhood for many years to come. We’re thrilled to add the gallery to the impressive roster of tenants at 540 West 26th Street,” said Soutendijk.
540 West 26th Street is a Class A fully-leased, 9-story boutique office and gallery building containing 166,671 s/f. Designed by Morris Adjmi and completed in 2018, the property is located theWest Chelsea submarket near the High Line in the Chelsea gallery district.
Sundaram Tagore Gallery joins a tenant roster anchored by office tenants Avenues: The World School and Roc Nation.