April 14, 2017
Investopedia, one of the largest online providers of financial education in the world, inked a deal for 15,931 square feet of office space at 114 W. 41st St. in Midtown Manhattan.
Investopedia is expected to be in their new space encompassing the entire eighth floor by the end of this year.
"Investopedia has experienced incredible growth over the last two years and we were reaching capacity in our current office," said Investopedia CEO, David Siegel. "We needed a new space that would not only accommodate us in the short-term, but enable us to continue our rapid expansion while offering a collaborative workplace environment."
Scott Klau, Erik Harris, ben Shapiro and Zach Weil with Newmark Grubb Knight Franks represented the landlord, along with Zachary freeman and Scott Silverstein of Equity Office. Steven Rotter and Dan Santagata of JLL represented Investopedia.
The 22-story tower at 114 W. 41st totals about 350,000 square feet. The building sports fresh storefronts with full height glass façade, modernized elevators, state of the art security and a renovated lobby offering entrance from both 41st and 40th streets.
Source: CoStar Realty Information, Inc.