Whisky Company Edrington Relocates in Midtown South
By Rebecca Baird-Remba October 4, 2017 1:04 pm
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Scottish whisky maker Edrington is moving its New York offices a couple blocks within Midtown South, according to a release from the tenant’s broker Isaacs and Company.
The company, which produces famous Scotch whiskies like The Macallan, Cutty Sark and Highland Park, has signed a 10-year, 25,390-square-foot deal at Rosen Group’s 27 West 23rd Street. It will take over the entire fourth floor of the six-story building between Fifth Avenue and Avenue of the Americas in the first quarter of 2018. Asking rent for the space was $65 a square foot. The New York Post was the first to write about the transaction.
The Glasgow-based company will relocate three blocks north from 150 Fifth Avenue, where it is currently subleasing 12,000 square feet, a spokeswoman for Isaacs and Company said. In its new home, Edrington will have access to a private entrance at 18 West 24th Street.
Isaacs and Company’s Joel Isaacs and Greg Flood represented Edrington, and Olmstead Properties’ Daniel Breiman represented the owners. Olmstead didn’t immediately return a request for comment.
“It’s centrally located in a landmark district, with prime space alongside leaders in diverse industries such as Eataly, Rizzoli, Shake Shack, Anheuser-Busch and Buzzfeed, making it a perfect place for Edrington to grow their U.S.-based operations,” Isaacs said in prepared remarks.
