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Savanna lists Twitter’s Chelsea headquarters

Building at 245-249 West 17th Street underwent $29M in renovations

Twitter And 245 And 249 West 17th Street
Twitter And 245 And 249 West 17th Street

Savanna Capital Partners is looking to sell Twitter’s New York City headquarters at 245-249 West 17th Street in Chelsea.

The landlord hired the Eastdil Secured team of Doug Harmon, Adam Spies, Adam Doneger and Joshua King to market the 12-story office building and a six-story mixed-use property next door. Social media giant Twitter inked a deal for more than 140,000 square feet there in January, as previously reported.

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The average rent at the site is $70.38 per square foot, according to Eastdil data cited by the New York Observer. Twitter, Flywheel and Room & Board collectively occupy 85 percent of the space. The two buildings have a total of nearly 281,300 square feet. They recently underwent a $29.4 million gut renovation, the Observer said. [NYO]Mark Maurer 

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