Knotel Takes Nearly 50K SF at Jeff Sutton and Thor’s Soho Office Buildings

Office provider Knotel has inked a lease for its largest Soho location to date after agreeing to take 49,000 square feet at 530-536 Broadway.

Knotel signed on to take the entire second and third floors and part of the fourth floor at the trio of interconnected 11-story office buildings at the northeast corner of Spring Street, the company confirmed to Commercial Observer.

Asking rent in the deal was $75 per square foot and the office provider’s lease term is for 10 years, according to The Real Deal, which first reported the news of the transaction.