Fintech startup firm Octane Lending will expand to 15,000 square feet and relocate to 116 West 32nd Street, said Handler Real Estate, which arranged the long-term lease.
Octane Lending, which provides a point of sale finance marketplace to assist dealerships in helping their customers obtain financing, will occupy the entire 9th floor. The tenant was represented by Alex Bush of Handler.
Owned and operated by Pan Am Equities, the 16-story, 245,000-sf office building is located between Sixth and Seventh Avenues just a half block from Penn Station. CBRE’s Josh Pernice, Freddie Fackelmayer and Rob Hill represented ownership.
