Social media analytics company Shareablee has signed a lease to relocate to an 8,211-square-foot space of the 19th floor of 123 William Street between John and Fulton Streets, Commercial Observer has learned.
Asking rents for Shareablee’s Financial District space, which includes expansive views, were $52 per square foot and Shareablee agreed to a 10-year lease, according to Bradley Gerla, a CBRE broker who represented the landlord.
“We’ve had incredible success,” Mr. Gerla said of the building. “We’ve leased out more than 200,000 square feet in the last year.”
The firm will move into the space from 291 Broadway between Duane and Reade Streets in Tribeca this spring, Mr. Gerla said. He added that a build-out has begun, which includes installing new windows and removing drop ceilings in accord with the aesthetics of high-tech firms. He said the lobby had been redone last year.
Another analytics firm, SumAll, signed a lease in the building last year, Commercial Observer previously reported. Securities Training and law firm McAloon & Friedman are tenants in the building as well.
“As a fast growing tech startup we have been laser focused on recruiting ‘A’ talent, and are now literally bursting at the seams,” Tania Yuki, the founder and chief executive officer of Shareablee, said via email. “We are so excited to move to our new home downtown at 123 William, where we will have a huge space to innovate, continue growing and creatively express our unique culture.”
The building is owned by East End Capital and GreenOak Real Estate. Jarod Stern of Savills Studley represented the tenant. He declined to comment.