Empire State Realty Trust, Inc. (ESRT) has signed Octaura Holdings LLC, an electronic trading, data & analytics provider, to a 28,914-square-foot office space on the entire 17th floor at 111 W. 33rd St. Lease terms were not disclosed.
“111 W. 33rd St. offers a workplace that supports companies with employee recruitment, retention and productivity,” said Ryan Kass, EVP, co-head of real estate and chief revenue officer at ESRT. “Octaura’s new lease reflects the demand for modern office space with exceptional transit access and amenities, and we are pleased to welcome them to our portfolio.”
Neil Goldmacher and Cooper Weisman of Newmark represented Octaura in leasing negotiations. Shanae Ursini and Kerry Lavelle of ESRT and Scott Klau, Erik Harris and Neil Rubin of Newmark represented the property owner. In its third-quarter earnings report, released this week, ESRT said it posted funds from operations of 20 cents per share.
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