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Diamond Fintech Company Signs Fifth Avenue Headquarters Lease
Diamond Standard Co., developer of the world’s first regulator-approved diamond commodity, has signed a 10,850-square-foot sublease for its New York headquarters at 565 Fifth Ave. The financial technology company, which recently issued a $50 million public coin offering and received regulatory approvals to make diamonds an investable asset like gold, will occupy the entire 14th floor of the property.
The CBRE team of Ben Friedland and Gary Davies represented Diamond Standard in the sublease negotiations. CBRE’s Michael Geoghegan, Lauren Crowley Corrinet, Ralph Giordano, Arkady Smolyansky and Adele Huang marketed the office space and acted on behalf of the sublandlord.
“565 Fifth is a perfect fit for Diamond Standard’s first location and headquarters,” said Friedland. “High-quality built space near NYC’s world-famous Diamond District was critical. The space hit all the right marks and provides an outstanding home for Diamond Standard’s employees.”
- ◦Lease
