Prominent Mission-Critical Software Company Powering Largest Foreign Exchange Inks 5,702-SF Lease at 45 West 27th Street
In a transaction arranged by the Schoen Group at Savitt Partners, Market Factory, a leading provider of mission-critical software powering the world’s largest foreign exchange market, has inked a 5,702-square-foot lease at 45 West 27th Street. The new lease allows Market Factory to expand its operations currently situated in 3,000 square feet at 425 Broadway.
“After looking at several neighborhoods, Market Factory was drawn to the centrally located Flatiron District,” said Sam Saffman of the Schoen Group at Savitt Partners, who along with colleagues Michael Schoen, Harrison Katzman and Brian Neugeboren, represented Market Factory in the lease negotiations. “45 West 27th provides Market Factory with full floor presents with outdoor space, all within a building that gives the company the ability to expand further in the future.”
Located in the heart of the Flatiron District 45 West 27th Street was recently fully upgraded. Completed renovations include a brand new storefront, lobby and elevator gallery. The boutique office property boasts exceptional loft space and rooftop access.
Market Factory is the go-to firm for top financial institutions globally. Companies around the world rely on its mission-critical software processing financial transactions in microseconds that help maintain the health of the financial markets.
About Savitt Partners
Savitt Partners is a full-service commercial real estate company headquartered in New York City. Founded by Bob Savitt, the firm owns and/or operates a portfolio totaling nearly three million square feet of office and showroom buildings in Manhattan, including 530 Seventh Avenue, 499 Seventh Avenue, 11 West 19th Street, 218 West 40th Street, 693 Fifth Avenue, 1385 Broadway, 142 West 36th Streetand 234 West 39th Street. In addition to overseeing the leasing and management of its own assets, the firm provides superior leasing, asset and property management and investment services to other quality owners and tenants.
