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The newly built 799 Broadway office property in Manhattan is now 85% leased

Columbia Property Trust Signs VC Firm Lightspeed at 799 Broadway

Columbia Property Trust has finalized a 9,300-square-foot lease with Lightspeed Venture Partners at 799 Broadway, its newly completed 12-story office property at the convergence of Manhattan’s Greenwich Village and Union Square neighborhoods. Columbia has now leased 85% of 799 Broadway to five tenants in the investment and technology sectors. 

Lightspeed is a multi-stage venture capital firm with $18 billion under management focused on accelerating disruptive innovations in the enterprise, consumer, fintech, and health sectors. Over the past two decades, the firm has backed hundreds of early and growth-stage entrepreneurs and helped build more than 500 companies globally. 

Columbia was represented in the transaction by Mitchell Konsker, Benjamin Bass, and Sam Seiler of JLL, while Lightspeed was represented by Steven Rotter, Brett Harvey, Hugh Scott, and Derek Johnson, also of JLL. 

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Columbia Property TrustJLL's Konsker

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).