Logistics Company Consolidates on West 36th Street
Lauren Elkies Schram Oct. 14, 2014, 6:30 a.m.
Dynamex, a same-day transportation and logistics services company last week signed a triple-net 10-year lease for six floors at 34 West 36th Street, Commercial Observer has learned.
The tenant, which is a subsidiary of TransForce, will combine its two New York City offices—one on Morton Street and another on 39th Street—at the West 36th Street building.
At the new digs, Dynamex will have 1,800 square feet of ground-floor retail and five floors of office space above, each comprised of 1,700-square-foot floor plates. The company, which operates in the United States and Canada, is slated to move into the new offices on Dec. 1, according to a spokeswoman for Winick Realty Group. The company will be giving up its space at the Morton Street building and holding onto the 39th Street office for a couple of years.
“It is unusual for all of a building’s office leases to expire together, along with the retail space,” Winick Realty Group’s Jordan Kaplan, who represented landlord Haddad International along with Winick colleagues Kenneth Hochhauser and Zach Diamond, said in a prepared statement. “We were pleased to secure such a strong tenant for the building in a rare opportunity that worked out well for all parties involved.”
The new location between Fifth and Sixth Avenues is going to be used as a delivery and call center and the messengers will come and go via the ground-floor retail space.
“For Dynamex, as a logistics company, it was a perfect match because this location keeps them in the center of the city with great access to their clients, transportation and more,” said Michael Gochman of Transwestern, who represented Dynamex along with Jonathan Schifrin of JLL.