As TAMI tenants continue to have less than predictable growth patterns and ownership structures, flexible lease terms are essential to having a favorable lease. When tech groups reach maturation and move out of incubators and co-working spaces, establishing a headquarters location is an important step. In this time of transition, it is essential however to seek shorter term opportunities allowing for flexibility.
The entire 5th floor just hit the market for sublease at 120 Walker Street located on the corner of Walker and Canal. Complete with modern finishes and a prime TriBeCa address, this sublease from Alt Space will entertain either a five year through March 30, 2021 or two-year deal providing flexibility to an incoming sub-tenant. The space is currently built with one private office, two conference rooms, and a large open area (click here to see a floor plan). The unit is finished with exposed ceiling, modern cast iron lighting, wood flooring, and original columns. Large windows flood the space with natural light. Furniture can be made available to accommodate 40 employees.
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