Fanatics Holdings has signed a new long-term lease that will make the company the sole occupant of 95 Morton St., a Class-A office property located in the West Village. The global sports platform and licensed sports merchandise provider has occupied roughly half of the building since 2022 and will expand to take 100% of the 210,000-square-foot asset.
The latest agreement with middle-market real estate private equity firm Meadow Partners is structured as a long-term commitment. The new lease is scheduled to commence in the fourth quarter of 2027 and will run through 2038, extending Fanatics’ presence at the property for more than a decade beyond the start date of the expanded occupancy.
Meadow Partners positions the lease as aligning with its strategy of enhancing its properties to strengthen tenant experience and investor outcomes. Partner Marc Mechanic said Fanatics’ decision to sign a long-term, building-wide lease reflects the firm’s efforts to invest in the asset and to deliver risk-adjusted returns to its capital partners. He also noted that the tenant’s choice to grow into the entire building signals the value the property provides to Fanatics’ employees and business relationships.
The leasing transaction involved representation on both the ownership and tenant sides. CBRE’s Paul Amrich and Neil King brokered the deal on behalf of Meadow Partners, while Newmark executive vice chairman Steven Rotter and managing director Rishi Majmundar represented Fanatics in the negotiations. The new lease converts a partially occupied building into a fully committed single-tenant asset once the expanded term begins.
Fanatics’ move from partial occupancy to full-building tenancy at 95 Morton St. underscores the tenant’s long-term operational alignment with the West Village location and the building’s Class-A profile. For Meadow Partners, the agreement provides visibility on future cash flows at the 210,000-square-foot property over the life of the lease and solidifies the tenancy well in advance of the new term’s 2027 start.
