Global Sports Streaming Service DAZN Selects SJP Properties’ 470 Park Avenue South for U.S. Corporate Office
DAZN Leases Entire 14th Floor of Flexible, Turnkey Office Space
NEW YORK (October 11, 2024) – DAZN, a leading global sports streaming service, has leased the entire 14th floor at SJP Properties’ 470 Park Avenue South for its U.S. corporate office. The 300,000-square-foot, two-tower office building is a fully renovated, Class A mixed-use property in the sought-after Park Avenue South corridor.
DAZN is known for its extensive live and on-demand sports content, including exclusive coverage of boxing, mixed martial arts (MMA), soccer, motorsport, NFL highlights, and basketball. The company selected a flexible, full-floor suite with beautifully designed interiors to accommodate its evolving needs in a long-term lease. Office floors at 470 Park Avenue South provide a turnkey solution with a high-end installation that juxtaposes modern finishes with the natural attributes of an historic building. The 470 Park Avenue South property offers tenants unparalleled access to transportation, dining, and entertainment, making it an ideal location for companies looking to attract top talent. Located atop the 33rd Street subway station and a short walk to Penn Station and Grand Central Station, 470 Park Avenue South embodies the one-seat commute.
“DAZN is extremely excited to be relocating in New York City into the 470 Park Avenue property. We visited many locations during our time exploring a new office location and felt 470 Park Avenue South provided the perfect blend of location, facilities, and amenities,” said Grant Sprigings, Head of Property & Facilities at DAZN Group. “The office space is high end and modern with an external terrace that will allow DAZN to host partner events throughout the year.”
“The DAZN lease exemplifies the quality of SJP’s prebuilt office floors and our ability to provide a plug-and-play solution for a diverse array of tenants,” said Alexander Erdos, Senior Vice President – Leasing and Development at SJP Properties. “DAZN appreciated SJP’s detail-focused property management as well as the flexible solution provided at 470 Park Avenue South, including the potential for outdoor working space.”
The lease transaction was facilitated by a dedicated team of real estate professionals. Nicholas Farmakis and John A. Johnson, Jr. of Savills represented DAZN, while SJP Properties was represented by the CBRE team of Paul J. Amrich, Vice Chairman; Neil V. King III, Vice Chairman; James Ackerson, Senior Vice President; and Josh Pernice, Senior Associate.
About DAZN
DAZN is a global leader in sports broadcasting, offering a vast array of live and on-demand sporting content. As the global home of women’s football, DAZN provides an immersive sports experience with highlights of NFL games, basketball, and more, ensuring seamless access to top-tier sports content for fans around the world.
About SJP Properties
Headquartered in New York City, SJP Properties is a vertically integrated commercial, residential, and industrial real estate owner, 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 buildouts. 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. Following successful industrial buildouts in the Tri-state area, SJP is expanding its warehousing portfolio across the Eastern Seaboard, most recently with an approximately seven-million-square-foot industrial development strategically located near the Port of Savannah.
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.