CBRE has recently finalized a sublease agreement at 245-249 West 17th Street in the bustling Chelsea neighborhood. The entire fourth floor, spanning over 35,000 square feet, has been secured by MoneyLion Inc. This prime office space was previously occupied by X Corp (formerly known as Twitter).
The negotiations for this deal were handled by CBRE’s team on behalf of X Corp while Eric Ladden from Cornerstone Realty worked alongside Jason Birk and Steve Marvin from Olmstead Properties to represent MoneyLion. According to Iacovelli, “The location of the former X Corp/Twitter space in the heart of Chelsea and its high-end features made it an ideal fit for MoneyLion.” He also expressed excitement about all parties coming together to make this deal happen.
This property is owned by Columbia Property Trust and boasts two interconnected buildings that underwent renovations in 2014. The ground floor is currently occupied by Room & Board.
This news was originally published on Connect CRE.
