Real estate development firm Ral Development Services (Ral) announced it has signed business data analytics software company Sigma Computing Inc. to Zero Irving. The company signed a five-year, 15,500-square-foot, Class-A office space lease on the ninth floor of the building, located at 124 East 14th St. Developed by Ral in partnership with Junius Real Estate Partners, the building offers innovative, post-pandemic design features and benefits, the company said.
“We are excited to welcome Sigma into the building, a company that perfectly fits Zero Irving’s vibrant ecosystem, one designed to elevate and advance business entrepreneurship within the tech sector,” said Josh Wein, managing director at Ral. “The Zero Irving vision looks into the future, providing an environment that embraces flexibility and adaptability as well as high-end technology and state-of-the-art finishes and amenities. We are confident the building’s location and unique offering sets it apart and helps tenants attract and retain their workforce in an increasingly more competitive labor market.”
Sigma is a cloud analytics and business intelligence company headquartered in San Francisco. The company’s real-time, no-code data analytics SaaS platform for data warehouses is used by companies ranging from data-driven technology upstarts to large national and global enterprise organizations in nearly every sector. Sigma doubled its employees to over 180 during the past year and is expanding its offices with the new Zero Irving location to grow its New York team.
Union Square’s Zero Irving introduces 176,000 square feet of modern, trophy quality office space across the upper 14 floors of the 21-story building. Alternating floors at Zero Irving boast corner double-height dedicated spaces with 23-foot ceilings, offering users distinctive high-impact space. Among the premier office building’s amenities are a large, landscaped roof deck, a 14,000-square-foot event and conferencing space available to tenants, a full-service fitness center with lockers, showers and bike storage and a ground floor indoor/outdoor food hall by Urbanspace with 12-plus curated food vendors. Zero Irving’s distinguished offering also includes a technology training center and incubator, as well as flexible office space solutions. Mitch Konsker, vice chairman of JLL, leads the leasing effort alongside Benjamin Bass, Dan Turkewitz, Kristen Morgan and Carlee Palmer.
Melio, a B2B payments platform for small business, has also leased space at Zero Irving. The leading fintech firm leased 25,000 square feet across the full 15th and 16th floors in a long-term deal. According to the JLL leasing team, there is significant leasing demand at the building and Ownership will be announcing several new tenants in the coming weeks and months.
Zero Irving is the realization of Ral’s successful response to an RFP issued by NYCEDC. The development team includes financial partner Junius Real Estate Partners, architecture firm Davis Brody Bond, and commercial construction company Suffolk Construction.
Jeff Rodgers, Stephen Cisarik, and Brent Ozarowski of Newmark represented Sigma in the lease transaction.
