Bradford Allen Closes 27,780-SF Lease with ProMedia at 250 Hudson in New York

NEW YORKBradford Allen, a national full-service commercial real estate development and advisory firm, today announced it has executed a 27,780-square-foot lease with ProMedia Global at 250 Hudson St. in New York’s Hudson Square neighborhood.

Bradford Allen Executive Managing Director Gordon Ogden and Senior Associate Ava Beganovic negotiated the lease on behalf of ProMedia. The building owner, Jack Resnick & Sons, was represented internally by Executive Managing Director Brett Greenberg and Managing Director Adam Rappoport.

“Our priority is to find and negotiate the right real estate for our clients’ operational and business requirements,” said Ogden. “In this case, we identified a property with large floorplates able to accommodate ProMedia’s evolving business needs, with a second-generation installation that supported a faster and more efficient move-in.”

ProMedia is a production and media infrastructure company that builds and operates large-scale, purpose-built facilities and secure data environments for film and television production. The firm’s 15-year lease for a full floor at 250 Hudson represents an expansion from their current facilities in New Jersey.

“This deal underscores Hudson Square’s ongoing transformation into a leading media and creative hub,” said Beganovic. “The area’s proximity to a deep pool of designers, content creators and media talent makes it especially efficient for companies focused on recruiting and retaining creative employees.”

250 Hudson is located two blocks from the Hudson River, with immediate access to the Holland Tunnel. The area is served by the MTA’s Canal Street and Spring Street stations, as well as several MTA bus routes.

About Bradford Allen

Bradford Allen is a national commercial real estate services and investment firm headquartered in downtown Chicago. Founded in 2003 by Jeffrey Bernstein and Laurence Elbaum, the company’s vertically integrated platform services entrepreneurial, corporate and not-for-profit clients in every sector. Bradford Allen offers end-to-end solutions to owners, occupiers and investors through brokerage and advisory services, building operations and management, program management and consulting, and real estate investments and development. For more information, visit bradfordallen.com.

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Editors:

For more information, please contact Matt Baker, [email protected], (312) 267-4512 or Traci Failla, [email protected], (312) 267-4516.