Adams & Co. Real Estate brokered a 12,083 s/f new lease at 11 East 26th Street for Persado, Inc.
James Buslik, principal of Adams & Co. represented the landlord, East Twenty Sixth Associates, while Elliot Warren of Kaufman Organization represented the tenant in the transaction.
Persado, Inc. will be leasing on the 15th floor for the long term; asking price for the space was $68 psf. Persado, Inc. plans to use the space as executive offices for their business.
Persado, Inc. programmatically uncovers the language and emotions that make people buy. Its unique technology is powered by natural language processing and advanced statistical algorithms. Persado works with leading global brands including American Express, esurance, McAfee, Survey Monkey and Verizon Wireless.
“11 East 26th Street is an innovative building that supports the needs of growing technology companies,” said Buslik. “Located among some of New York City’s most revolutionized tech firms, Persado will be a strong addition to the building.”
“Persado experienced a rapid growth spurt and was in the market for a bright, full-floor office space that would allow it to significantly increase its staff,ˮ said Warren, associate director at the Kaufman Organization.
“Immediately upon touring 11 East 26th Street, it became evident that this was the unique space the company was looking for to continue to grow and thrive. Persado’s workspace features an abundance of natural light from windows that face every direction and breathtaking views of Madison Square Park; it was a pleasure helping the company expand.”
