Fintech provider Cadre is relocating its headquarters to Columbia Property Trust's Midtown South office building at 315 Park Avenue South. The company is taking 17,000-square feet in a ten-year lease at the 20-story boutique office, which is just off Madison Square Park.
The firm is relocating from the Puck Building at 295 Lafayette Street.
The REIT acquired 315 Park Avenue South in 2015 and then overhauled the 331,000-square foot property.
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With the Cadre signing, the building is 97% leased to several tech and financial tenants, including PitchBook, cryptocurrency exchange Gemini Trust, and Amazon's interactive streaming service, Twitch.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
