Welltower, Inc. (NYSE: WELL), a $33 billion REIT based in Toledo Ohio was looking for a NYC satellite office to house its growing team. As the space would be a showcase for the company and house its senior executives, WELL had a long list of “must haves” including a full kitchen with working stove, collaborative areas, conferencing suite with various meeting room sizes, executive offices, and high-end finishes, all within a building that reflects the prominence of the firm.
A tight timeline, budget, layout, and geographical parameters were set by the executive team.
WELL tapped Spaces Commercial Real Estate to develop a go to market strategy and lead the search.
Executed a 28,656 RSF five year fully furnished lease assignment at the GM Building (767 Fifth Avenue)- one of the most prestigious addresses in NYC.
Executed a 6,314 RSF sublease of WELL’s space at 1330 Avenue of the Americas