Real Estate Weekly
Image default
Deals & Dealmakers Featured

Tech start-up takes 13,000 s/f offline at 636 Sixth Ave.

By Konrad Putzier

Tech company Movable Ink has signed a 13,000 s/f sublease at Macklowe and Company’s 636 Avenue of the Americas.

ELLIOT WARREN

Elliot Warren of the Kaufman Organization represented Movable Ink and Jim Wenk of Jones Lang LaSalle represented the sub-landlord, SecondMarket. Terms of the deal were not disclosed.

SecondMarket, an online marketplace for illiquid assets, signed a 50,000 s/f lease at the property in 2011.

Movable Ink was recognized as one of New York City’s coolest enterprise start-ups by Business Insider. Its technology enables marketers to personalize and adapt content in real-time, even after an email has been sent.

“After outgrowing our two previous spaces, Movable Ink was in the market for an office that could accommodate our rapidly growing staff,” said Vivek Sharma, CEO of Movable Ink.

“The space at 636 Avenue of the Americas provides us with the rare opportunity to stay in the neighborhood we love and move into a furnished full-floor office, with high-ceilings and great light; all we had to do was plug-in our computers.”

The space has a creative and open layout with break-out rooms, a dedicated IT and server room, a kitchen, an iPod docking station and built in projector with retracting screen.

(Visited 1 times, 1 visits today)

Related posts

Brookfield buys 19-acre NJ industrial site

REW

Hope Street Capital leases office at 56 West 22nd

REW

Macquarie funds $167M loan on Trinity’s 77 Greenwich

REW