Corem signs a lease contract in New York

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Corem has signed a lease contract for approximately 555 sq.m. of office space at the project property 1245 Broadway in New York. The tenant, an American digital advertising company, will move in during the summer of 2023 and the lease term is 5 years.

1245 Broadway, a 23-story modern office building located at the corner of 31st Street and Broadway in Manhattan, is Corem’s largest ongoing project and is being developed in collaboration with GDS Development Management (GDSNY). 1245 Broadway was designed by Skidmore, Owings & Merrill and features achitectural cast-in-place concrete, a private club, F&B catering to tenant floors, and panoramic views of Manhattan. The building will be LEED Gold certified and offer office spaces with the latest technology in air quality and touchless systems.

We are very pleased to announce another signed lease at 1245 Broadway. This will add to the digital media tenant mix at 1245 Broadway in an excellent way. We continue to see a recovery for new premium office buildings in New York and are looking forward to further signed leases during 2022 in both 1245 Broadway and in our second ongoing project 28&7”, says Corem’s CEO Eva Landén.

Corem Property Group AB (publ)


FOR FURTHER INFORMATION, PLEASE CONTACT
Eva Landén, CEO, +46 10 482 76 50, eva.landen@corem.se
Lars Norrby, IR, +46 76 777 38 00, lars.norrby@corem.se

Corem Property Group AB (publ)
Address: P.O. Box 56085, SE-102 17 Stockholm
Visitors: Riddargatan 13 C
Reg.no: 556463-9440
www.corem.se

This press release is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.

Corem Property Group is one of the Nordic countries┬┤ leading real estate companies that in a sustainable way owns, manages and develops commercial properties in urban and growth areas. Corem Property Group is listed on Nasdaq Stockholm, Large Cap.