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Deals & Dealmakers

Equity office signs big data deal on Broadway

Equity Office has signed a new seven-year, 13,787 s/f lease with big data and technology provider Thesys Technologies, LLC at 1740 Broadway, its 26-story Class-A office tower in Midtown Manhattan.

Thesys Technologies is a market structure technology provider, focused on delivering high performance trading technologies and big data solutions to financial market participants.

The firm will occupy a portion of the 14th floor, relocating its headquarters from 3 Columbus Circle in the fourth quarter of 2017.

The space that Thesys Technologies will occupy is part of a successful prebuilt campaign by Equity Office at 1740 Broadway.
Outfitted with high-end finishes and designed with a contemporary vibe, the space features an open, residential-style pantry, concrete floors, and exposed ceilings.

“The cutting-edge, stylish design of our prebuilt spaces at 1740 Broadway proved to be the perfect fit for an innovative fintech company and industry leader like Thesys Technologies,” said Zachary Freeman of Equity Office. “We are pleased to welcome them to our esteemed tenant roster.”

Built in 1950, 1740 Broadway was designed by architectural firm Shreve, Lamb & Harmon, the same firm that designed the Empire State Building. Acquired by Equity Office in 2014, the 620,000 s/f tower features a new entrance and lobby and access to ten subway lines.

Notable tenants include world leader in retail merchandising L Brands and full service law firm Davis & Gilbert.
Thesys Technologies was represented by Brad Gerla and Brad Auerbach of CBRE. Equity Office was represented in-house by Mr. Freeman and Scott Silverstein, as well as by Howard Fiddle, Zak Snider, Arkady Smolyansky, Al Golod, and Ben Joseph of CBRE.

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