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Nespresso Brews Up Deal for New Midtown HQ
Nestle’s Nespresso unit is relocating its North American headquarters to 41,800 square feet at Empire State Realty Trust’s 111 W. 33rd St. The maker of coffee and expresso machines currently has New York offices at 101 Park Ave. and in Long Island City.
“Nespresso’s new fifth-floor home will have an efficient floor plate and a beautiful outdoor terrace at 111 W. 33rd, where we have recently renovated the building’s lobby, elevators, and entryways on both 33rd and 34th streets designed by STUDIOS Architecture,” said Thomas P. Durels, EVP, real estate, for ESRT. “Building-wide upgraded systems have been modernized for the 21st century.”
Scott Panzer and Justin Haber of JLL represented Nespresso in the lease negotiations. Keith Cody provided in-house representation for ESRT, along with NKF’s Scott Klau, Erik Harris and Neil Rubin.
For comments, questions or concerns, please contact Paul Bubny
- ◦Lease
