Global-e signs NIS 40 million deal to lease five floors in Petach Tikva
The fintech company, which went public on the Nasdaq in May, will lease 7,000 square meters of office space in the Ofer East Park in Petach Tikva for the next five years with an extension option. Global-e is expected to enter the property during the second quarter of 2022
Hezi Sternlicht | 10:03 23.08.2021
The local high tech industry, which has long been considered the driving engine of the Israeli economy, is making its mark on the local office sector once more. Fintech company Global-e has signed a lease with the Melisron Ltd. real estate company - whose controlling shareholder is Ofer Investments Group (51.5%) and is owned by real estate mogul Liora Ofer - to lease 7,000 square meters of office space and 150 parking spaces at the Ofer East Park in Petach Tikva. Global-e’s new offices will be located in new buildings in the park complex, and will be dispersed over five interconnected floors that include a balcony. The company is expected to enter the property during the second quarter of 2022. The scope of the contract is estimated to be around NIS 40 million ($12.3 million) for the first five years, and will allow the lessee the option to extend the lease by an additional five years.