Link Recommendation Platform Outbrain Moves HQ to 111 West 19th Street

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Outbrain, a platform that recommends links at the bottom of online stories, inked a deal to move its headquarters to 111 West 19th Street, Commercial Observer has learned.

The company signed a long-term lease for 25,000 square feet on the entire third floor of the Kaufman Organization’s Chelsea building between Avenue of the Americas and Seventh Avenue, a source with knowledge of the deal said. Asking rent was in the mid- to high-$50s per square foot.

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Outbrain previously had its headquarters at 39 West 13th Street and already moved into its new digs. The company was founded in 2006 and went public in July, raising $160 million at a $1.25 billion valuation, VentureBeat reported.

SavillsJim Wenk, Allison Buck and Kirill Azovtsev represented Outbrain in the deal, while Kaufman handled it in-house via Sam Stein and Elliot Warren. The Savills brokers declined to comment, and Kaufman did not respond to a request for comment.

Other tenants in the eight-story 111 West 19th include legal news outlet Law360, logistics startup Flexport, and gas-to-power company New Fortress Energy.

Nicholas Rizzi can be reached at nrizzi@commercialobserver.com.