Nonprofit Biohub, Software Firm Fundraise Up Lease 20K SF at 100-104 Fifth Avenue
Two nonprofit-related tenants are moving to an office just west of Manhattan’s Union Square. In the largest deal, the Chan Zuckerberg Biohub, better known simply as Biohub, secured a 10,666-square-foot lease at Sovereign Partners’ 100-104 Fifth Avenue, Commercial Observer has…
Two nonprofit-related tenants are moving to an office just west of Manhattan’s Union Square. In the largest deal, the Chan Zuckerberg Biohub, better known simply as Biohub, secured a 10,666-square-foot lease at Sovereign Partners’ 100-104 Fifth Avenue, Commercial Observer has…
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Why it matters
This is a routine commercial real estate lease transaction involving nonprofit tenants and does not affect credit markets, underwriting standards, or financing conditions.
Sources
Commercial Observer
Nonprofit Biohub, Software Firm Fundraise Up Lease 20K SF at 100-104 Fifth Avenue
Two nonprofit-related tenants are moving to an office just west of Manhattan’s Union Square. In the largest deal, the Chan Zuckerberg Biohub, better known simply as Biohub, secured a 10,666-square-foot lease at Sovereign Partners’ 100-104 Fifth Avenue, Commercial Observer has…