Exemplis Corp. Renews 2,216-SF Lease at 11 East 26th Street



Exemplis Corp. inked a 2,216-square-foot lease renewal at 11 East 26th Street.

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James Buslik of Adams & Co. represented both the tenant and landlord, East Twenty Sixth Associates, in the transaction. Asking rent was $45 per square foot.

11 East 26th Street
11 East 26th Street

Exemplis, which designs and manufactures office furniture for corporate, government, education, healthcare and hospitality companies, intends to use the space for offices and a showroom.

“They signed a relatively short-term lease, fixed up the whole space and made it a beautiful showroom,” Mr. Buslik said. “They weren’t really looking for a long-term lease, so we agreed to extend them. They wanted to keep it simple.”

This summer, Mr. Buslik brought cevelopment and architecture firm Anbau Enterprises to 5,420-square-foot space in the Madison Square Park area property. He also worked with Project WorldWide and the building landlord on the ad firm holding company’s 12,084-square-foot expansion.

“Activity at the building is going swimmingly,” Mr. Buslik said. “There’s a very strong market over there. We’re about to make another full-floor deal and have been renting it before it hits the market. The lower floors have windows that look out on Madison Square Park and run through the block. [Exemplis’s space] is one of the few divided floors, with a glass front so you can see into the showroom.”

Additional tenants in the 21-story, 217,991-square-foot building include Regency International, Bluewolf Inc., East/West Institute and Turner & Townsend Ferzan Robbins.The Museum of Math takes up the first two floors of 11 East 26th Street, which the architecture firm BKSK gut renovated late last year.