LG Ads has signed a 20,748-square-foot lease at 115 Broadway for its first permanent New York City headquarters, according to Connect CRE.
The move takes LG Ads out of coworking space and more than doubles its New York footprint. The company, LG’s advertising division, is establishing a long-term home at 115 Broadway as it continues to grow its business.
The new office is in the World Trade Center submarket, and the lease gives LG Ads a dedicated workplace for its New York team. The company has grown significantly in recent years, making the move into a permanent headquarters a notable step in that expansion.
Tenant: LG Ads
Building: 115 Broadway
Floor: 9
Lease term: Not disclosed
SF: 20,748