Transwestern Represents External Intelligence Company in 11,000 SF Lease
December 22, 2022
NEW YORK – Transwestern Real Estate Services (TRS) announces that it represented Signal AI in an 11,140-square-foot lease at 440 Park Avenue South in Manhattan. Transwestern Senior Vice President Chase Gordon and Partner Rory Murphy represented Signal AI in the transaction.
The new location will serve as Signal AI’s United States headquarters. The firm, a leading external intelligence company, will move across the street from its current offices at 443 Park Avenue South to a space that is approximately 50% larger. The larger headquarters is needed to support the firm’s growth as it rapidly expands its U.S. client base.
Building ownership, Samco Properties, is completely renovating the space prior to Signal AI’s anticipated move-in, which will take place in the first quarter of 2023. The newly built-out headquarters will feature an open environment with creative, collaborative space and new furniture. Samco was represented in the transaction by JLL.
“Signal AI’s new office is a terrific solution for the firm,” said Gordon. “The location is close to their clients and familiar to their team. Additionally, they will have a customized office designed to support their workflow and culture.”
440 Park Avenue South is located in Manhattan’s Midtown South submarket, which had 79.4 million square feet of office inventory with 14.7% vacancy, as of the close of the third quarter of 2022, according to research by Transwestern.
About Signal AI
Signal AI, the External Intelligence company, helps businesses make sense of the outside world. Using the Signal AI External Intelligence platform for decision augmentation, organizations can spot critical signals in the external noise, allowing them to get ahead of risk and opportunity, and make confident decisions. Powered by Signal AI’s External Intelligence Graph, the platform crunches huge amounts of information from the world’s content, and provides timely insight on trends, patterns and unknown unknowns to augment critical business decisions. Signal AI serves over 40% of the Fortune 500 including Deloitte, Bank of America and Google, and is building an innovative, inclusive and enduring company to transform the way businesses make decisions. www.signal-ai.com
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
Media Contact:
Dan Foley
508.272.0017
dan.foley@transwestern.com
twmediarelations@transwestern.com
