NEW YORK CITY—Samsung Electronics North America has signed a long-term lease for the entire 55,000-square-foot 837 Washington St. building here.

Building owners Thor Equities and Taconic Investment Partners announced the deal. Globest.com has learned that Thor owns 80% of the building. Taconic has a minority stake at the property located between Little West 12th and West 13th streets.

“837 Washington Street is an iconic building in New York's most dynamic and prolific neighborhood,” says Thor Equities CEO Joe Sitt. “Situated on one of the area's most highly trafficked corners, 837 Washington Street offers Samsung unrivaled exposure and they join an impressive list of companies that are capitalizing on the area's trendsetting reputation.”

Samsung was represented by Craig Reicher, James Ackerson, David Liggitt and Patrick O'Keefe of CBRE Group, Inc. The building ownership was represented by Thor Equities, Newmark Grubb Knight Frank's David Falk, Daniel Levine and Jason Greenstein, and Taconic Management Co.

Taconic Investment Partners Co-CEO Paul Pariser notes, “We acquired, zoned, and developed this asset with the intent to attract one of the more exciting international brands. The building has so many unique features including abundant outdoor space and fabulous views of the High Line and the new Whitney Museum. We are delighted to welcome Samsung into the Meatpacking District.”

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.