NEW YORK—SAP America Inc. has signed a 15-year lease to occupy approximately 115,000 sq. ft. of space at the South Tower of Hudson Yards, a class-A, LEED-Gold-certified 1.6 million-sq.-ft. commercial office building currently under construction on Manhattan’s West Side. The tenant will occupy the top four floors of the property when construction is completed, which is slated for this summer.
SAP was represented by Alexander Chudnoff, executive managing director, and Scott Vinett, senior vice president, both with Jones Lang LaSalle, along with Christopher Joyner, executive vice president; and Steve Andrews, senior vice president with Fischer & Co.
The building owner, a partnership between the Related Companies and Oxford Properties Group, was represented by the CBRE team of Robert Alexander, chairman, Howard Fiddle and Robert Stillman, vice chairmen, Leonard DiMicelli, senior vice president, and Ryan Alexander, associate.
Upon completion, Hudson Yards will span more than 26 acres on Manhattan’s West Side and include more than 6 million sq. ft. of office space, 750,000 sq. ft. of retail space and 5,000 residential units.
L’Oreal USA and Coach Inc. have also signed leases to occupy space at the new development.