Search
 

Tech Firm Takes 30,000 SF on Broadway

NEW YORK CITY-Océ USA is consolidating from three other Manhattan locations with a 15-year lease at W&H's 1333 Broadway.

By Paul Bubny | Updated on January 06, 2009

NEW YORK CITY-Océ USA Holdings, Inc., provider of digital document management technology and services, has leased a full floor of 29,566 square feet at 1333 Broadway. A spokeswoman for the property’s owner, 1333 Broadway Associates LLC, says the lease is for 15 years.

Headquartered in Trumbull, CT, Océ will consolidate from three smaller spaces throughout Manhattan, the spokeswoman says. The Océ lease, which will house a sales and operations office, occurs amid a $71-million upgrade at the 12-story, 350,000-square-foot office building–part of the W&H Properties portfolio. These upgrades include a new lobby and roof, new restrooms, addition of two new elevators and renovation of the three existing passenger elevators, renovations to the freight elevators, new windows, renovated air-conditioned public corridors and improvements to all building systems, including electrical, plumbing, HVAC and security.

“One of the objectives of our $71-million upgrade program, which is nearly complete, is to attract tenants of Océ’s caliber,” says Jonathan T. Fanuzzi, the building’s managing and leasing agent, in a release. “It’s notable that this transaction follows the recent lease with Aetna Insurance Co.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.