Startup Meets Skyline: Temelio’s Strategic Move to 14 Wall

Building

14 Wall Street

Lease Term

2 + Years

Lease Type

New Direct Lease

Delivery Condition

Turnkey

The Challenge

Temelio is a fast-moving tech startup in growth mode, led by a driven leadership team looking to establish a presence in one of New York City’s most iconic neighborhoods. Their leadership approached us with a clear, yet nuanced objective: find a short-term lease in the Financial District that could accommodate future growth without locking them into long-term commitments.

They also had strong preferences for a space that balanced historic charm with modern design—reflecting their company's personality: innovative yet grounded in substance.

The Solution

We identified a compelling opportunity at 14 Wall Street, one of the most architecturally significant buildings in Lower Manhattan. While steeped in financial history, 14 Wall Street has recently undergone a transformation, with ownership investing in a series of brand-new pre-built suites featuring modern finishes and shared common areas that encourage collaboration among tenants.

Temelio was able to secure a new direct lease with a 2+ year term, delivered in as-is condition—allowing for immediate move-in without the delays of construction or customization.

The Outcome

Temelio now operates out of 14 Wall Street in a space that checks all the boxes: flexible lease terms, a location rich in history, and a sleek, professional interior that represents the future of their brand.

As they continue to grow, Temelio’s presence in one of the Financial District’s landmark properties provides both credibility and convenience, while allowing them the freedom to scale as needed.

Case Study Revised: Lease Extended

As their initial lease was expiring, they realized how much they enjoyed the office and didn't want to search for a new location. We worked with ownership to negotiate a very favorable lease extension for Temelio, allowing them to remain in the space for a longer period. This was especially significant given how much the market had changed since their original lease began. With office leasing activity increasing and rents rising, Temelio was able to secure an extension at a rate far below market value, keeping them in the space for many years to come.