Cybersecurity Company Darktrace Leaves Madison Avenue for Manhattan West
Darktrace will relocate from 9,000 square feet at 437 Madison Avenue to 27,000 square feet on part of the 47th floor of 1 Manhattan West by the end of the year, according to landlord Brookfield Properties. A Brookfield spokesperson declined to provide the lease length or asking rent, saying only that it was a long-term deal
“Manhattan West has proven to be one of the most sought-after places to work in New York City as visionary companies like Darktrace recognize the undeniable value of establishing a presence in the heart of a thriving neighborhood,” said Duncan McCuaig, who handled the transaction for Brookfield in-house with David Caperna and P.J. Massey. Cushman & Wakefield’s Howard Cross, Nicholas Dysenchuk, Josh Kuriloff, Matthias Li, Robert Lowe, Bruce Mosler, John Santora and Ethan Silverstein also represented the landlord.
This transaction brings the 67-story, 2.1 million-square-foot 1 Manhattan West to 98 percent leased. The SOM-designed building is also home to National Hockey League’s retail store and corporate headquarters, Skadden Arps, Pharo Management, Ernst & Young and McKool Smith.
CBRE’s Joseph Fabrizi, Scott Gottlieb, Munish Viralam, Arkady Smolyansky and Evan Fiddle represented Darktrace. CBRE and Cushman & Wakefield spokespeople didn’t immediately return requests for comment.
Rebecca Baird-Remba can be reached at firstname.lastname@example.org.