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U.K.-Based Future plc Signs Midtown Lease Amid U.S. Expansion
Cushman & Wakefield arranged a long-term, 16,000-square-foot, full-floor lease for multi-platform media company Future plc at 130 W. 42nd St. in Midtown Manhattan. The U.K.-based tenant is the name behind more than 200 brands spanning the technology, games, TV and entertainment, women’s lifestyle, real life, music, creative and photography, sports, home interest and B2B sectors.
David Dusek of Cushman & Wakefield represented Future plc. Brad Needleman and Matthew Augarten of Newmark represented the landlord, Tribeca Associates.
“Future plc is quickly expanding across the United States and has a sizeable presence in New York City,” said Dusek. “130 W. 42nd offered Future plc a move-in ready, plug-and-go space. Tribeca Associates understood the tenant’s need for flexibility to continue expanding and we were able to reach terms that were desirable for both the tenant and landlord.”
- ◦Lease