Real Estate Weekly
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Deals & Dealmakers

JLL tapped to lease Global Holding’s Nomad Tower

Global Holdings has selected JLL as the exclusive office leasing agent for its 773,000 s/f skyscraper at 1250 Broadway that the conglomerate has re-named Nomad Tower.

Global Holdings, a real estate firm headed by Monaco shipping executive Eyal Ofer, bought the 39-story Koreatown office building for $565 million from Jamestown last year.

Now the company has announced it will spend $80 million on a ‘Love Your Workplaceʼ repositioning that will include expanded amenity spaces, tenant meeting spaces, a retail expansion, bike access, tenant fitness opportunities, and complete lobby enhancement and repositioning.

Paul Glickman and Mitch Konsker will lead the JLL team handling the office leasing along with Diana Biasotti, Benjamin Bass, and Harley Dalton.  The property has 52,000 s/f of space available within the next 12 months, with an additional 435,000 s/f of contiguous space coming available in 2018.

“Nomad Tower offers tenants superior space opportunities in an amenity filled tower with enviable access to the dynamic lifestyle in the surrounding neighborhood,” Glickman said.

“The comprehensive repositioning will further enhance the experience for tenants, who already enjoy abundant restaurants, entertainment options and access to all transportation options.”

Constructed in 1968 and designed by Shreve Lamb & Harmon, the 39-story the building is the tallest reinforced concrete building in Manhattan with waffle ceiling details throughout. It features a 150-car indoor parking garage, is LEED Certified Gold and Energy Star certified.

The building is also Wired Certified Gold, offering best-in-class broadband infrastructure including access to the highest levels of fiber connectivity, support for tenant access and maximum protection against service interruption.

The biggest tenant is Visiting Nurse of New York, which occupies 320,000 s/f in the property. The organization is set to relocate to the News Building at 220 East 42nd Street.

Other tenants iinclude co-working space provider Regus, the Department of Environmental Protection and DB Grant Associates.

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