PepsiCo, the global food and beverage leader, has signed a five-year lease for its first Manhattan office space, taking 19,800 s/f on the second floor of Trinity Real Estate’s 350 Hudson Street.
“Hudson Square is increasingly becoming a destination for major international brands drawn by the energy and unique character of the neighborhood and the quality of the space,” said Jason D. Pizer, president of Trinity Real Estate.
“We are delighted that PepsiCo has chosen to join our growing community.”
PepsiCo is a worldwide leader in the food and beverage industry with a product portfolio that includes 22 brands, such as Gatorade, Frito-Lay and Tropicana, and distribution in over 200 countries.
The company is establishing its first Manhattan presence with its new home at 350 Hudson which will house executive and administrative offices. PepsiCo is joining Hudson Square’s family of major consumer brands, which includes Tory Burch, Adidas, 3.1 Philip Lim and Thakoon, as well as an expanding roster of creative, media, corporate, arts and nonprofit companies.
Originally completed in 1927, 350 Hudson Street occupies the blockfront between King and Charlton Streets and offers access to mass transit, 24/7 tenant access, onsite management and state-of-the-art security systems.
The nine-story, 335,066 s/f building houses corporate
tenants such as PR Newswire.
The ground floor is home to a signature café and retail shop from chocolatier and purveyor of gourmet confections, Jacques Torres, as well as eateries Pret-a-Manger and Hale & Hearty Soups.
Trinity Real Estate was represented by Prizer and Charles Laginestra while PepsiCo was represented by Gerry Miovski and Sam King of CBRE, Inc.