NASDAQ listed Seven Stars Cloud Group (SSC) has signed a seven-year lease for the entire 19th floor at 55 Broadway with an option to acquire the 18th floor. The firm consolidated several temporary offices to establish their Lower Manhattan headquarters. The landlord is building out the premises on behalf of the tenant.
Alan Rosinsky of Metro Manhattan Office Space represented Seven Stars Cloud Group. The landlord was represented by CBRE. 55 Broadway is a 1982 Class A office building. It is located in the heart of the Financial District off Trinity Place. The building is occupied by such other tenant’s as GSA Group, Cancer Research Foundation and Security Mutual Life Insurance.
Metro Manhattan worked closely with Seven Stars President Bob Benya throughout the property search and lease negotiation process. The full floor identity, panoramic views, building amenities as well as potential expansion space were important factors in Seven Stars decision to relocate to 55 Broadway.
Seven Stars Cloud Group is a financial technology firm focused on applying artificial intelligence and block chain technology to supply chains. The Commercial Observer recently reported this newsworthy deal May 9th.