Company: JP&R Advertising
Building: 299 Broadway
Lease Term: 10 + years
Lease Type: New Direct Lease
Delivery conditions: New Building Installation
Landlord: Olmstead Properties
JP&R Advertising, alongside Mannion Auctions, aimed to enhance their real estate footprint to more effectively support their expanding advertising and auctioning operations. The primary goal was to upgrade their office space within their current vicinity to better accommodate their growing business demands, with a focus on securing long-term stability, strong natural light, and a location within a reputable building offering superior infrastructure.
The solution was identified at 299 Broadway, where JP&R Advertising and Mannion Auctions secured a 10+ year lease on a boutique-sized space offering rare, unobstructed views of NYC. This space, delivered with a brand new building installation by Olmstead Properties, was tailored to meet the high standards and specific needs of both entities.
JP&R Advertising and Mannion Auctions now enjoy a newly upgraded office at 299 Broadway under a long-term lease that guarantees stability and growth for the next decade. The space not only meets their requirement for a higher quality building but also enhances their workplace environment with abundant natural light and impressive views, solidifying their presence in a prestigious location.
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