Password App Maker Moving to 17K SF on West 18th Street

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Dashlane, the company behind a password management app of the same name, will move its headquarters to 16,625 square feet at 44 West 18th Street, Commercial Observer has learned.

The tech firm signed a 10-year lease for the entire fourth floor of the 12-story building between Fifth Avenue and Avenue of the Americas, according to a spokesman for brokers Adams & Co. Asking rent was $75 per square foot.

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Dashlane will move from its current offices at 156 Fifth Avenue between West 20th and West 21st Streets to its new digs in September, the spokesman said.

Adams & Co.’s James Buslik and Alan Bonnet represented landlord Forty Four Eighteen Associates in the deal while Marc Shapses of Savills brokered it for the tenant. A spokeswoman for Savills did not immediately respond to a request for comment.

“This space at 44 West 18th Street offers a flexible layout, new windows providing abundant natural light and top-of-the-line technology infrastructure that will allow the Dashlane team to seamlessly, comfortably collaborate and serve their wide variety of clients,” Buslik said in a statement.

Dashlane—which creates and stores online passwords—started in 2011 and has raised more than $100 million in funding since, TechCrunch reported. Earlier this month, it closed on a $30 million debt financing round.

Other tenants in the 211,871-square-foot 44 West 18th Street include furniture designer Pucci International, fine art publisher Pace Editions and video editing firm Sixteen 19.