Software company Adobe has inked a 109,296 SF office lease at 1540 Broadway. The 44-story building is owned by Edge Fund Advisors and HSBC Alternative Investments.
- Dig Deeper: The ten-year lease includes a renewal of its 27,323 SF space on the 17th floor, and an additional 81,972 SF on the 18th through 20th floors. Ownership recently invested $40 million to upgrade the 1.4 million SF property.
- Worth Noting: Vornado owns the retail portion (197,000 SF) of the Times Square building, which is located between West 45th and West 46th Streets. Tenants include MAC, Forever 21, Sunglass Hut, Planet Hollywood, and Disney, CO noted.