other material
confidence high
sentiment neutral
materiality 0.60
Braze leases 92,300 sq ft NYC office space through 2034 at $0.6M/month
Braze, Inc.
- Sublease for ~92,300 sq ft of general office space in New York, NY.
- Term runs from October 1, 2023 to January 30, 2034.
- Monthly fixed rent of $0.6 million with $6.6 million total rent abatement.
- Sublease subject to customary third-party landlord consent.
- Braze expects to file full agreement with its FY2023 10-K.