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Microsoft Leases Five Floors at Flatiron District Offices
Microsoft Corp. signed a long-term lease for approximately 150,000 square feet at Bromley Companies’ 122 Fifth Ave. in the Flatiron district. The five-floor lease was made possible by ownership’s decision to expand the property’s floors to 27,000 square feet each by constructing an adjacent new building that would be merged with the original 122 Fifth structure.
JLL’s Lisa Kiell and Randy Abend represented Microsoft in leasing negotiations. A Newmark agency team of David Falk, Eric Cagner, Peter Shimkin, Ben Shapiro, Jordyn Comras and Dylan Weisman represented ownership.
The 300,000-square-foot building is undergoing a major renovation project and includes retail space. Ownership is also creating a 13,000-square-foot communal roof deck for the building tenants, with a 6,000-square-foot glass jewel box pavilion space on top.
Rendering courtesy of Bromley Companies.
- ◦Lease
