Beacon Capital Partners, LLC, a leading private real estate investment firm, and TripAdvisor, the world’s largest travel site, announced that TripAdvisor has secured 38,000 s/f of the newly redeveloped Class-A tower at 330 Hudson Street.
TripAdvisor will occupy the full floor space as of June 2014, joining Hudson Square’s thriving tech and media business community.
“After phenomenal growth and acquisitions of New York-based Jetsetter, GateGuru and Oyster this year, we needed a space large enough to bring all the employees together and one that would foster collaboration and innovation,” said Julie Bradley, chief financial officer, TripAdvisor. “330 Hudson is a state-of-the-art building with a loft-like ambiance in Hudson Square, which is the perfect location for the New York office of the world’s largest travel site.”
The 10-year lease comprises the entire second floor of the 16-story, 466,000 s/f building.
The lease was brokered on behalf of Beacon Capital by CBRE through a team led by Robert Alexander, David Maurer-Hollaender and Bruce Surry. Columbia Group, assisted by Cushman & Wakefield represented the tenant.
“In redeveloping 330 Hudson, our team was particularly dedicated to providing the most advanced infrastructure to support tech-driven companies, while also offering the unique, flexible spaces that creative tenants value,” said Christopher Gulden, Senior Vice President of Beacon Capital. “TripAdvisor joins a top-tier roster of tenants and we anticipate ongoing demand from like-minded companies.”