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GFP Real Estate Secures Three Lease Expansions at Chelsea Offices
Three office tenants have expanded their presence at GFP Real Estate’s 322 Eighth Ave. in Chelsea, inking new leases totaling 38,190 square feet. The transactions included the following:
Global public relations agency Purple PR signed a four-year expansion of 5,200 square feet to approximately 18,000 square feet. JLL’s Simon Landmann represented the tenant.
Alzheimer’s Foundation of America expanded by 2,054 square feet for 10 years to 15,690 square feet.
Venture fund company Courtside Ventures Management added 1,800 square feet, also for 10 years, for a total of 4,500 square feet. JSRE Management’s Jeff Sharon represented the tenant.
“Anytime you can keep a tenant in place and accommodate their growth, it’s a win-win for both the landlord and the tenant,” said Allen Gurevich, senior managing director of GFP Real Estate, who represented ownership in all three transactions.
GFP plans further renovations to the circa-1926 property beginning in the third quarter.
- ◦Lease
