Digital Reasoning Signs Office Lease to Relocate to 11 Times Square
The AI solutions and digital software company moves NYC office from E. 14th and Broadway
NEW YORK CITY – SJP Properties today announced that Digital Reasoning, a cognitive computing services provider, has signed a lease for 5,819 square feet on the 31st floor of 11 Times Square, the 1.1 million-square-foot commercial tower located at the southeast corner of 42nd Street and Eighth Avenue.
Headquartered in Tennessee, Digital Reasoning provides AI solutions to intelligence agencies, financial institutions and healthcare organizations in the U.S. The company is moving its New York City office from 853 Broadway to 11 Times Square and is expected to move into its new space by mid-November after SJP’s third-party construction management division, SJP Project Solutions, completes the addition of a build-to-suit boardroom for the company.
“We pride ourselves on the ability of 11 Times Square to deliver best-in-class infrastructure for today’s groundbreaking technology companies,” said Zach Freeman, Senior Vice President at SJP Properties. “We can’t think of a better location for Digital Reasoning than in the heart of one of the world’s most distinguished submarkets.”
Kyle Wainwright and Paul Ippolito of Newmark Knight Frank brokered the deal for Digital Reasoning, while JLL and Freeman represented SJP Properties.
11 Times Square is located at the intersection of Eighth Avenue and 42nd Street, serving as the gateway to Midtown’s flourishing West Side. The building boasts a roster of tenants across finance, technology, law and media that includes Proskauer and Microsoft as its anchors. 11 Times Square is among the most technologically advanced commercial buildings ever constructed in Manhattan, featuring LEED Platinum-level indoor air quality and a highly efficient glass curtain wall. Positioned for maximum accessibility to public transportation, the building stands across from the Port Authority Bus Terminal and has direct access to the Times Square 42nd Street subway station.
About SJP Properties
Headquartered in New York City, SJP Properties is a vertically integrated commercial and residential real estate developer, investor, asset manager, construction manager and property manager. The expertise of the company’s core in-house team of professionals encompasses the entire development process, from site selection through coordination of tenant move-in for large multi-phase projects, including numerous Class A build-to-suit developments and individual tenant build-outs. Well known for the creation of unparalleled lifestyle-focused developments, SJP is committed to meticulous design and engineering development plans that reflect a keen understanding of market demand.
Having sustained an unblemished track record of success, SJP has established relationships with many of the industry’s leading investors and financial institutions, providing unparalleled access to capital. For more information, call 212-335-2200 or visit www.sjpproperties.com.
