275 7th Avenue
This is a clean, straightforward office lease transaction in Midtown South, one of Manhattan's most resilient and sought-after office submarkets, with strong demand from tech and media tenants. Hightouch is a well-capitalized AI/data company relocating to a full-floor presence at a landmark Art Deco building, signaling organizational growth and financial stability. The landlord, Unite Here, is an institutional-grade owner with a stable balance sheet, reducing counterparty risk for any lender or investor evaluating the asset. Tenant representation by CBRE with experienced brokers Sacha Zarba and Alice Fair adds credibility and suggests competitive market terms were achieved. The absence of disclosed lease economics (asking rent, term length, concessions) limits full underwriting confidence, though the Traded.co calculator implies a total lease value in the range of $10.3M, suggesting roughly $57/SF annually over a 10-year term, which is in line with Midtown South market rents.
Deal Stats
Parties
Seller / Landlord
Unite Here is an AFL-CIO affiliated hospitality and gaming workers union that owns and manages real estate assets in New York City; 275 Seventh Avenue is a notable Art Deco office tower in their portfolio and they have a long track record as a stable institutional landlord.
Buyer / Tenant
Hightouch is a well-funded marketing data and AI agent platform that has raised significant venture capital and is considered a rising enterprise SaaS company; this lease reflects its continued expansion and commitment to a NYC headquarters presence in a premier Midtown South location.
Score Analysis
Why this score
Tenant Quality & Capitalization
Hightouch is a well-funded, growing enterprise SaaS company in the hot AI/data space, reducing credit risk and indicating strong ability to meet lease obligations.
Landlord Stability
Unite Here is an institutional AFL-CIO union with a long track record as a stable real estate owner, minimizing counterparty risk and ensuring reliable landlord operations.
Submarket Fundamentals
Midtown South remains one of Manhattan's most resilient office submarkets with strong tech and media tenant demand, supporting lease value and renewal prospects.
Lease Economics Opacity
Undisclosed rental rate, term length, and concession details prevent full underwriting confidence and create reliance on market assumptions rather than actual deal terms.
Asset Prestige
A landmark Art Deco tower at 275 7th Avenue provides strong brand positioning and tenant appeal that supports long-term lease stability.
How to improve
The following actions could meaningfully improve this deal's Homage score. Each suggestion is based on the deal's profile, asset type, and current rating — addressing them before approaching a lender can increase approval likelihood and lower borrowing costs.
Disclose Actual Lease Economics
Revealing the specific annual rent, lease term, and any tenant improvement allowances or rent concessions would replace estimated figures with verified data.
Document Expansion/Renewal Option Terms
Clarifying whether Hightouch has options to expand beyond 18,000 SF or renewal rights would reduce uncertainty about long-term revenue stability.
Highlight CBRE Market Comp Analysis
Publishing the brokers' comparable lease data showing how this deal compares to recent Midtown South transactions would validate the $57/SF pricing assumption.
Raw Deal Textclick to expand
Submit Growing Financial Partnerships For Over 30 Years. Get Started Deals New York Office Lease 275 7th Avenue Daily limit: 3/10 Hightouch Leases 18,000 Square Feet At 275 7th Avenue In Midtown South LEASED TM + 1 18,000 SF Leased 1 week ago the deal players comps contact related Summary NEW YORK Asset Type: Price Per Square Foot: $0 Total Square Footage: Transaction Type: The property asset involved in this transaction is an office space located at 275 7th Avenue, spanning 18,000 square feet within the Midtown South market. The asset is owned by Unite Here, which is an AFL-CIO affiliate. Summary of transation details: Property Type: Office Transaction Amount: Not specified Address: 275 7th Avenue Market: Midtown South Square Footage: 18,000 Landlord: Unite Here Tenant: Tejas Manohar - Hightouch Landlord's Representative: Unite Here Tenant's Representatives: Alice Fair, Sacha Zarba & Claire Pisano - CBRE This lease agreement marks Hightouch's relocation of its New York base to the 21st floor of the office tower. The transaction was facilitated by the brokerage CBRE representing the tenant, with notable agents Alice Fair, Sacha Zarba, and Claire Pisano involved in the deal. See More Players All Brokers Buyers | Sellers Landlords | Tenants Alice Fair 10 deals (508) 641-1574 BROKER Sacha Zarba 29 deals (917) 596-2673 Claire Pisano 1 deal (212) 984-7129 UH Unite Here BUYER LANDLORD Tejas Manohar 2 deals TENANT Details Deal Summary IMAGE: Sacha Zarba, Tejas Manohar, Alice Fair & Claire Pisano DATE: 05/19/2026 ADDRESS: 275 7th Avenue MARKET: Midtown South ASSET TYPE: Office ~ SF: 18,000 LANDLORD: Unite Here TENANT: Tejas Manohar - Hightouch LANDLORD'S REP: Unite Here TENANT'S REP: Alice Fair, Sacha Zarba & Claire Pisano - CBRE (@CBRE) NOTE: Hightouch, a marketing data and AI agent platform, signed an 18,000-square-foot lease for the entire 21st floor at 275 Seventh Avenue in Midtown South, relocating its New York base to the Art Deco office tower owned by AFL-CIO affiliate Unite Here. Email New York | @tradedny Contact Get in touch with the broker you want Select Brokers Alice Fair, Sacha Zarba, Tejas Manohar, Claire Pisano Name Phone (optional) Message I'm an agent Similar Tenants These are similar tenants of Office properties in this price range base Unlock All Profiles Unlimited deal views Access investor profiles & contacts Exclusive comps & market data These are similar brokers based on this deal Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map. NEW! Search No recent news available for this market No active listings available for this market Suggestions Analyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results. Deal Type SALE LOAN LEASE Property Size (sq ft) Rent per Square Foot (Annual) Lease Term (Years) Annual Escalation (%) Lease Type NNN (Triple Net) Free Rent Period (Months) Reset Effective Rent (Annual) $1,031,749.14 Total Lease Value $10,317,491.38 Net Landlord Cash Flow Is there something missing? Send suggestions We are telling CRE's story Traded is the #1 source for cutting edge CRE transactions & insights. States National Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming News Agents Agencies About About Us FAQ Testimonials Help Help Center Return Policy © 2026 Traded Media LLC . All rights reserved. Terms & Conditions Privacy Disclaimer Cookie Policy Do Not Sell My Info Acceptable Use