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…
BELLINGS Intelligence Score: 7
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.