Corem signs new lease contract in New York
Corem has signed a new lease contract for 807 sq.m. at the project property 28&7 in New York with The Visualize Group. The tenant, an investment firm, will move in during the fourth quarter of 2024 and the lease term is five years.
28&7, a 12-story modern office building located at the corner of 7th Avenue and 28th Street in the Chelsea District, Manhattan, is Corem’s second largest ongoing project and is being developed in collaboration with GDS Development Management (GDSNY). The building is LEED-Gold certified and offers office spaces with the latest technology in air quality and touchless systems. The façade is made up of elements in black glazed terracotta.
“We are very pleased to announce this additional signed lease at our premium property 28&7. The Visualize Group will contribute in an excellent way to the tenant-mix of the building. We continue to see a distinct trend by premium tenants moving to high-quality office buildings in New York”, said Rutger Arnhult, Corem’s CEO.
With the signing of this lease, Corem’s total annual contract value for all signed lease contracts in the USA amounts to around 13 million USD.
Corem Property Group AB (publ)
FOR FURTHER INFORMATION, PLEASE CONTACT
Rutger Arnhult, CEO, +46 70 458 24 70, rutger.arnhult@corem.se
Eva Landén, Deputy CEO, +46 10 482 76 50, eva.landen@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 a real estate company 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.
