Real Estate Weekly
Image default
Deals & Dealmakers

Tech firm grows Flatiron footprint to 33,000 s/f

Adams & Co. Real Estate announced that Dashlane, a global technology firm specializing in digital identity and password management, has signed a 16,625 s/f, ten-year lease to expand its U.S. headquarters at 44 West 18th Street.

The firm will custom-build and utilize the full third floor, in addition to the full fourth floor the firm leased in April of this year, for its executive and general offices.

The expansion, which brings Dashlane’s footprint to a total of 33,250 s/f in the building, follows the company’s recent $110 million Series D fundraising round, led by Sequoia Capital.

James Buslik and Alan Bonett of Adams & Co. represented the landlord, Forty Four Eighteen Associates, while Marc Shapses, Seth Wasserman and Roi Shleifer of Savills Studley represented the tenant in the transaction. Asking rent was $76-per-square-foot. Dashlane is expected to take occupancy of both floors by September 2019.

Related posts

Avison Young arranges 99-year ground lease for an estimated $21.5 million


Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building


Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando