KnitWell Group Signs 246,000 Square Foot Renewal & Expansion at BXP’s 7 Times Square in New York
13 Janvier 2025 - 1:15PM
Business Wire
BXP (NYSE: BXP), the largest publicly traded developer, owner,
and manager of premier workplaces in the United States, announced
today that it signed an approximately 246,000 square foot long-term
lease renewal and expansion with KnitWell Group at 7 Times Square
in New York City, New York. The 20-year lease comprises the
existing approximately 191,000 square foot premises plus two
additional full floors totaling approximately 55,000 square
feet.
“We are in an industry that thrives on in-person collaboration
across functions and brands, which is why we are thrilled to be
able to bring all of our New York-based KnitWell Group associates
into one building,” said Patrick Walsh, Chief Operating Officer
of KnitWell Group. “We thank BXP and the team at 7 Times Square
for their continued support and partnership, and for providing us a
fantastic space to call home for the next 20 years.”
“7 Times Square offers unmatched convenience and opportunity at
the center of New York City’s busiest transportation and
entertainment hub,” said Hilary Spann, Executive Vice President
of BXP’s New York Region. “KnitWell Group’s renewal and
expansion speaks to our commitment to providing top-tier amenities
and flexible, future-ready workplaces that empower our clients to
grow and succeed.”
7 Times Square is in the heart of Midtown Manhattan. The 1.25
million square foot tower, developed by BXP, recently underwent an
amenities enhancement with conferencing, client lounge, and café
services added. Conveniently located in the center of Midtown at
the nexus of transportation options, 7 Times Square is steps away
from cafés, restaurants, and Bryant Park.
A CBRE team of Eric Deutsch, Ken Meyerson, Jared Freede, Ariel
Ball, and Elliot Bok represented KnitWell in the lease
negotiations.
About BXP BXP, Inc. (NYSE:
BXP) is the largest publicly traded developer, owner, and manager
of premier workplaces in the United States, concentrated in six
dynamic gateway markets - Boston, Los Angeles, New York, San
Francisco, Seattle, and Washington, DC. BXP has delivered places
that power progress for our clients and communities for more than
50 years. BXP is a fully integrated real estate company, organized
as a real estate investment trust (REIT). As of September 30, 2024,
BXP’s portfolio, including properties owned by unconsolidated joint
ventures, totaled 53.0 million square feet and 184 properties, with
nine properties under construction or redevelopment. For more
information, visit www.bxp.com or follow us on LinkedIn or
Instagram.
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BXP
Heather Betz Marketing Director hbetz@bxp.com
Laura Sesody Senior Vice President, Corporate Marketing
& Communications lsesody@bxp.com
BXP (NYSE:BXP)
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