Analytics Company Crossix Expands in Midtown Move [Updated]
Terence Cullen Dec. 6, 2016, 5:31 p.m.
Healthcare and media analytics firm Crossix has signed a 10-year deal to relocate to a new office, where it will expand by some 10,000 square feet.
The company is taking about 28,000 square feet at 1375 Broadway between West 37th and West 38th Streets, according to a press release from tenant broker Savitt Partners. Crossix’s space covers two floors of the 27-story, 513,000-square-foot property.
Asking rent in the deal was in the mid-$60s per square foot, according to The New York Post, which first reported news of the deal.
“Over the past year, we have rapidly expanded the business and have grown our workforce significantly,” Andrew Willis, the co-founder and chief financial of Crossix, said in prepared remarks. “The new space at 1375 Broadway is ideal for our existing operations and also provides us opportunities to further expand as we continue to hire engaged, analytical thinkers to our team.”
Crossix is currently based a block away at 1001 Avenue of the Americas between West 37th and West 38th Streets, leasing about 18,000 square feet, per the release.
Marc Schoen and Brian Neugeboren of the Schoen Group at Savitt Partners represented the tenant, while Paul Amrich, Neil King, Patrice Meagher and Meghan Allen of CBRE represented landlord Westbrook Partners.
“This lease continues Westbrook’s repositioning of 1375 Broadway as a premier location for the new creative workforce,” King said in a statement via a spokewoman. “We have seen incredible attraction from the tenant community to building entry upgrades, the large shared roofdeck, and our retail tenant curation.”
Update: This story was edited to include a comment from the landlord’s broker.