Estee Lauder-owned MAC cosmetics is said to be the latest big name to sign a lease at One Soho Square, a modern office and retail development owned by Stellar Management.

The deal, sources tell The Real Deal, is yet to be confirmed but is imminent.

MAC is expected to sign up for 80,000 square foot of office space, thought to take over several floors in the lower part of the building as well as some of the penthouse – a new addition to the building.

Rent is being asked at a price of $125 per square foot for the penthouse and $80 square foot for the lower floors.