Ivanhoé Cambridge and Callahan Capital Properties, along with their partner, The Swig Company, announced that Fila U.S.A. Inc. has signed a long term lease for 25,261 square feet of office space on the 30th floor of 1411 Broadway.
The transaction will relocate Fila from its current Midtown East location to 1411 Broadway, one block from Bryant Park and just south of Times Square.
1411 Broadway is nearing completion of its lobby renovation and will soon commence an extensive redevelopment of its block-long open plaza.
“We are pleased to welcome such a prominent global brand as Fila to 1411 Broadway to join the prestigious group of consumer brands at the building. Considered among the premier addresses in this energetic submarket, 1411 Broadway combines a highly desirable location with efficient floor plates, offering an abundance of natural light and incredible city views,” said Brian Robin, Senior Vice President responsible for asset management in the eastern region at Callahan Capital Properties.
“Fila will have a fresh, energized work environment for their brand and their employees. Moreover, our investment to enhance the public areas in and around the building will strengthen the building’s connection to the incredible array of neighborhood amenities and transportation options that all our tenants enjoy.”
1411 Broadway is a 39-story, Class A office tower in Midtown, situated west of Bryant Park and south of Times Square, in an area that is increasingly popular with office tenants seeking outstanding amenities and proximity to transportation. Occupying a full block, the office tower boasts superb panoramic city views.
The 1.2 million-square-foot property features direct access to the Times Square subway station and is close to
New York’s key commuter train and bus terminals.
Leslie Harwood and Brent Ozarowski of Newmark Grubb Knight Frank represented Fila in lease negotiations, while CBRE’s Paul Amrich, Patrice Meagher, Neil King and Emily Jones acted on behalf of the ownership.