Newmark Grubb Knight Frank (NGKF) is pleased to announce that it has completed a five-year, 4,211-square-foot lease for ReviMedia at 44 Wall Street. The tenant was represented by NGKF’s Associate Director Todd Hershman in the transaction.
In just 6 years, ReviMedia has grown into an online lead generation powerhouse and is listed on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Comprised of leading performance marketing specialists, the company owns the ground-breaking lead exchange platform PX. This full-service platform is built with sophisticated technology which fully automates lead generation processes in verticals such as automotive, health and home insurance.
Having outgrown and relocated into five different offices since its founding in 2009, ReviMedia relocated last month from its previous headquarters at 8 Beach Street to the largest of five new prebuilt units at 44 Wall Street. Situated in the heart of the Downtown submarket, 44 Wall Street recently underwent a number of capital improvements targeting New York’s TAMI sector prior to its recent sale to Blackstone. The building proved to be the perfect long-term home due to its high quality product, space optionality and flexibility for the rapidly expanding company as it enters the next growth phase. Lower Manhattan continues to build on its momentum and is increasingly becoming home to many of New York’s startups and TAMI tenants, with ReviMedia’s migration Downtown the latest example of its quickly evolving tech ecosystem
“We worked hand in hand over the past 18 months evaluating all of the typical Midtown South submarkets for ReviMedia’s new headquarters,” Hershman said. “The high quality installation and finishes at 44 Wall played a large role in ReviMedia’s ultimate decision that the value proposition offered Downtown was simply too compelling to dismiss. Their new HQ will provide a vibrant, collaborative environment for their workforce to flourish while also providing the flexibility for its rapid growth trajectory to continue under one roof.”
The new office will be modern, open and collaborative, according to Hershman. The installation includes exposed ceilings, hard wood floors & ample glass enclosed offices & meeting rooms.
“After looking at many properties in several neighborhoods throughout Manhattan, we decided that Downtown would be the right place for ReviMedia,” said co-founder Bas Offers. “44 Wall Street is the perfect environment for our company to continue its growth at a steady rate and prosper both now and in the future. NGKF has been very patient with us to find the right space and deal meeting our requirements, we are very thankful.”
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,800 professionals operate from more than 370 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.
ReviMedia is a fast-growing performance based marketing technology company, offering sophisticated lead exchange with its proprietary platform PX.com. ReviMedia has an established affiliate network with over 1,500 registered publishers’ and offers a suite of highly innovate tools providing revolutionary technology in lead scoring and verification, therefore guaranteeing the maximum lead quality.
ReviMedia is vertical-driven, with expertise in a wide range of verticals within the insurance, financial services and home services industries. ReviMedia is headquarted in New York, NY and has offices in Orange Country, CA, The Netherlands and Panama.