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Deals & Dealmakers

Travel upstart Away leases 56,000 s/f at 82 Mercer

Newmark Knight Frank (NKF) completed a new ten-year lease between Away  and HSRC at 82 Mercer Street in SoHo.

President New York Tri-State Region David Falk, along with Eric Cagner, Jon Franzel, and Alex Leopold represented the landlord HSRC. Sinvin represented the tenant. Away will occupy the entire 3rd, partial 2nd and entire lower level portions of the building for approximately 56,000 s/f.

“We recognized early on that 82 Mercer offered today’s creative tenant an A-plus location for the quality of life that a company wants for their employees,” said Cagner. “Having a partner such as HSRC that committed the capital needed to restore the brick, high ceilings, etc. enabled our team to find the perfect match with Away, who we are thrilled to see join the tenant roster at 82 Mercer.”

Away is a modern travel and lifestyle brand, incorporating technology into high-quality luggage at an affordable price point. Away’s smart luggage technology has reshaped the industry by eliminating the use of additional battery or phone chargers for all devices while traveling.

Away is vacating their space at 419 Lafayette Street to further accommodate and serve their expanding business.

The office portion of the building is now fully occupied, leaving just retail space of approximately 10,000 s/f.

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