Dwelling Companies Firm Leaf Dwelling Takes 10K SF at 10 Grand Central – Industrial Observer
Based in Ohio Leaf house has found a workplace for its marketing team on the 15th floor Marx Realty'S 10 Grand Central.
The home improvement manufacturer, which has developed a form of gutter protection technology, signed a five-and-a-half-year lease for 10,000 square feet in what the Post described as the office tower 155 East 44th Streetsaid the landlord. The asking rent was $92 per square foot.
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The space, which is Leaf Home's first office in New York City, is a prefabricated office suite and features additional tenant services such as the building's in-house car, an electric Porsche Taycan known as Marx Mobile.
“The leasing pace around 10 Grand Central has remained stable throughout the current office cycle due to the highly differentiated product offering here and across our portfolio.” Craig Deitelzweig, CEO of Marx Realty, said in a statement. “Now more than ever, it is critically important to provide tenants with an inspiring workplace experience, and the outstanding top-to-bottom sensory journey at 10 Grand Central is unrivaled in today’s market.”
Maxwell Tarter from CBRE (CBRE) represented Leaf Home in the transaction Mitchell Konsker, Kyle Young, Carlee Palmer, Simon Landman And Thomas Swartz from JLL (JLL) negotiated on behalf of Marx Realty.
CBRE did not immediately respond to a request for comment.
“10 Grand Central continues to be one of the most active and sought-after buildings on the market,” Konsker said in a statement. “Tenants are really attracted to the spaces with lots of hospitality and unique service elements that the Marx team has created. The Marx Mobile is particularly attractive as a real differentiator in today’s market.”
The 35-story building's other tenants include a telemedicine company Teladoc Health (which signed a contract for 7,000 square meters in April), Law firm Lewis Bach Merchant Middlemiss and manufacturer of glass partitions MetroWall, Both signed leases in March.
Mark Hallum can be reached at mhallum@commercialobserver.com.
