Omnicom, an advertising agency, has expanded its footprint at the Energy Star-labeled 195 Broadway, by taking an additional 26,000 square feet at the 29-story, 1.1-million-square foot tower. The deal brings 195 Broadway – which is owned by L&L Holdings – to 100 percent occupancy. It also boosts Omnicom’s overall presence at the tower to nearly 300,000 square feet on the 16-20th and 26th-28th floors. Asking rents for the space were $47 per square foot.
Omnicom moved into 195 Broadway in 2007 with a 160,000 square foot deal, and expanded last summer by 40,000 square feet. Omnicom’s expansion echoes the increased attention that technology and media sector tenants are paying to commercial real estate opportunities in lower Manhattan: back in January, we noted the publisher Harper Collins‘ 180,000-square-foot, 15-year deal at the tower. Thompson Reuters is 195 Broadway’s anchor tenant; The Knot also has space at the tower.