Sanne Relocates in the Garment District

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Asset manager Sanne is relocating down the block in the Garment District, according to landlord Empire State Realty Trust.

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The financial firm, which is publicly traded in London, is leaving 1359 Broadway for a 20,865-square-foot space on the fifth floor of 1333 Broadway. Asking rent in the seven-year lease was $69 a square foot.

CBRE’s Jon Sarkisian, Jared Freede and Thomas Haughton represented Sanne in the transaction. Keith Cody and Shanae Ursini handled the deal in-house for ESRT along with Rob Lowe, Ron LoRusso, Anthony LoPresti, Maria Travlos and Dan Organ of Cushman & Wakefield.

“We are pleased to continue our relationship with Sanne and accommodate their growth at a new location within ESRT’s portfolio” said Thomas Durels, executive vice president of real estate for ESRT, in a statement. 

The largest tenants in the 12-story building between West 35th and West 36th streets are all garment makers—Alfred Dunner, The Levy Group and Weisner Products—along with ground-floor retail tenant Urban Outfitters.