Sports Media Company Dazn Group Moving to 51K SF at 1 WTC
By Nicholas Rizzi October 25, 2018 6:07 pm
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Dazn Group, a sports streaming service helmed by former ESPN President John Skipper, will grow its New York City offices to 50,688 square feet at 1 World Trade Center, the landlords announced.
The U.K.-based firm inked a 10-year deal to take over parts of the 71st floor and the entire 72nd floor of the 104-story-tower co-owned by the Durst Organization and the Port Authority of New York & New Jersey, Bloomberg first reported. The asking rent for the space was $69 per square foot, according to a spokesman for Durst.
“Dazn’s global platform for streaming media is an exciting addition to the 1 World Trade Center tenant roster,” Jonathan “Jody” Durst, the president of the Durst Organization, said in a statement. “We look forward to this creative company joining our community of innovators at 1 WTC.”
John Johnson, Nicholas Farmakis and Nate Brzozowski of Savills Studley brokered the deal for Dazn while David Falk, Jason Greenstein, Peter Shimkin, Hal Stein and Travis Wilson of Newmark (NMRK) Knight Frank handled it for the landlord along with an in-house Durst team of Eric Engelhardt and Karen Kuznick.
Johnson said the relocation is “a strong move” for Dazn and it will help them “attract and retain the highest-quality talent.”
Dazn, pronounced “da zone,” was founded in 2016 by the Perform Group and Skipper joined the company in May as its executive chairman ahead of a September launch in the United States, Deadline reported. The firm will relocate its New York City offices from 28 Liberty Street.
Falk said in prepared remarks that “1 WTC is becoming the building for companies in the tech and media world.”
The deal comes a week after internet analytics company Bounce Exchange, also known as BounceX, announced it would take 79,118 square feet in the 3.1-million-square-foot 1 WTC.
