NEW YORK CITY—CBRE has arranged a 42,000-sq.-ft. lease for Red Bull at 218 West 18th Street, owned by Atlas Capital Group and GreenOak Real Estate.
Red Bull’s Chelsea location will be the U.S. headquarters of the Red Bull Music Academy (RBMA) and will house corporate offices and a ground floor event/retail space. Red Bull’s new lease includes floors 7 and 8 as well as ground floor and lower level space.
218 West 18th Street is a 165,000-sq.-ft office building in Chelsea’s technology and cultural district. The building offers a newly renovated lobby, elevators and ADA bathrooms. 218 West 18th Street also has a new cooling tower, floor by floor DX HVAC units and upgraded electric systems.
The CBRE agency team for 218 West 18th Street includes Peter Turchin, Steve Siegel, Gregg Rothkin, Ben Fastenberg and Zak Snider. Red Bull was represented by MB Real Estate.