Commercial Property: What's the Deal - 7/27/2014
July 27, 2014

Flatiron Health Inc. is relocating its headquarters downtown to a much larger space in SoHo to accommodate a wave of recent hires, the firm's broker said.

The health-care technology company signed a lease for 15,000 square feet on the top two floors of the 8-story building at 96 Spring St., according to Savills Studley, the real-estate firm representing Flatiron Health. The new space is five times the size of Flatiron Health's headquarters at 291 Broadway, at Reade Street.

Savills Studley had a team of three working on Flatiron Health's behalf: Zev J. Holzman, corporate managing director; Paul Revson, executive managing director; and associate Ryan Rafter. Midwood Investment & Development owns the Spring Street property and was represented by Gus Field, vice chairman of Cushman & Wakefield Inc.

Flatiron Health, which makes software that aggregates and organizes cancer data, is expected to relocate immediately.

"Flatiron has been growing at a rapid pace and had a desire to relocate its headquarters immediately to a space that was in a vibrant, energetic neighborhood," Mr. Holzman said.

7/27/14 Commercial Property: What's the Deal

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