Park Avenue South and the lower reaches of Park Avenue are becoming a major draw for tech companies.
Mimeo inked an 11-year deal for the entire 23,722-square-foot 22nd floor of 3 Park Avenue between 33rd and 34th streets. It is the fourth tech firm to sign up for space at the building in the last year.
Mimeo, a cloud based content distribution and printing company, plans to move into the space later this year and will join other tenants like Return Path, Cintra Software and Services and TransPerfect Translations International in the building.
Mimeo’s current offices at 450 and 460 Park Avenue are spread across several floors. Mr. Delbridge said that the new space will be able to accommodate plans to expand the office’s workforce 50%, to 150 employees.
“We’re excited to have one big, open floor plan with a consolidated space for networking and collaboration,” Mr. Delbridge said. “It’s an open space with 360-degree views—who doesn’t like that?”
Mimeo is the innovator of online managed content distribution and printing. Over 5,000 companies rely on Mimeo’s award winning document management tools and print on demand solutions to lower document related costs while improving employee productivity. The company was founded in 1998 and operates digital print facilities in the United States, United Kingdom and Germany. Investors include Draper Fisher Jurvetson, DFJ Gotham, Goldman Sachs (GS) Harbourvest and Hewlett Packard (HP).