Printer Friendly
The Free Library
14,735,091 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Tenant roster growing at 7WTC.


World Trade Center developer Larry A. Silverstein announced that ABN AMRO ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank)  Inc., the Dutch banking giant, has signed a 15-year lease to occupy three and a half floors in 7 World Trade Center, a deal previously reported by REW n. 1. A row. .

At approximately 140,000 s/f on floors 30-33, the ABN AMRO deal represents the second largest tenant deal to be signed for 7 WTC WTC World Trade Center, see there , and yet another in a growing number of major corporate moves to Downtown Manhattan. The lease also brings 7 World Trade Center to over 60 percent occupancy in the six months since it opened--over 1 million square feet leased.

"We are pleased to welcome ABN AMRO to a growing roster of world-class companies that have decided to make 7 World Trade Center their home," Silverstein said.

"The brisk pace of leasing is a testament to the world-class features of this building, but more important, it is a clear demonstration that the revitalization of Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North  is gaining velocity. Each new lease signing and each new residential project is further vindication for everyone who believed in and has worked tirelessly to cultivate a vibrant downtown community."

ABN AMRO Inc. will move approximately 500 employees from its investment banking and capital markets businesses, as well as all infrastructure and support, from its current location in midtown Manhattan to 7 World Trade Center. The company plans to move into the building in late 2007 or early 2008.

ABN AMRO joins an esteemed roster of tenants already committed to space at the 52-story tower since it opened in May 2006.

Ameriprise Financial Ameriprise Financial, Inc. (NYSE: AMP) is a company offering financial advice and products. It is the successor to American Express Financial Advisors (AEFA), which was a subsidiary of the American Express Company. : 39th floor (40,000 s/f); Moved in June 2006 Darby & Darby P.C.: 41st-42nd floors (80,000 s/f); Move-in expected by May 2007; Mansueto Ventures LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
: 29th floor (40,000 s/f); Move-in expected by March 31, 2007; Moody's Investors Service Moody's Investors Service

A leading global credit rating, research and risk analysis firm.


Moody's Investors Service

A leading firm engaged in credit rating, risk analysis, and research of fixed-income securities and their issuers.
: 12th-26th floors (600,000 s/f; Move-in expected for May-October 2007; New York Academy of Sciences The New York Academy of Sciences is the third oldest scientific society in the United States. An independent, non-profit organization with more than 25,000 members in 140 countries, the Academy’s mission is to advance understanding of science and technology. : 40th floor (40,000 s/ f); Moved in September 2006; Silverstein Properties: 38th floor (40,000 s/f); Moved in May 2006; World Trade Center Design Task Force / Pre-built office space: 11th floor (40,000 s/f; Moved in December 2006

Mary Ann Tighe, chief executive officer of the CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Tri-State Region; Stephen B. Siegel, chairman, Global Brokerage; Brad Gerla, senior vice president; and Simon Wasserberger, senior vice president; handled the negotiation of the lease agreement on behalf of Silverstein Properties. Peter Riguardi, president; Frank Doyle, international dDirector; Lisa Kiell, managing dDirector; and Jay Lapham, vice president; all with Jones Lang LaSalle's New York office, represented ABN AMRO.

"With over one million square feet of transactions, no property has underscored Downtown's robust leasing activity like 7 World Trade Center," said Wasserberger. "In a matter of months this building has become a preeminent destination for a diverse array of the City's most important companies and organizations."

7 World Trade Center, which contains 42 office floors above a ten-story base, is New York City's first high-rise office building to be certified by the U.S. Green Building Council's Leadership in Energy & Environmental Design (LEED) rating system. The building's environmental design features include state-of-the-art ultra-clear exterior glass technology, high-efficiency air filtration, energy and water conservation technologies and 15,000 s/f of open park space to provide a pleasing urban environment for tenants, neighbors and building visitors.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Date:Dec 27, 2006
Words:559
Previous Article:Law firm leases 90,000 s/f at 1251 Ave. of the Americas.
Next Article:BPG Properties, Ltd.(WHO'S NEWS)
Topics:



Related Articles
Fashion Center perfect fit for designers.(Commercial Sales & Leasing)
BrellaBar arrives in Bloomies country.(real estate transaction)(Brief Article)
Reckson Associates buys Stamford trophy.(Reckson Associates Realty Corp.)(Brief Article)
China may hold the key to downtown's fortunes.(Vantone Real Estate Co. Ltd.)
Studley stretches out as demand for services jumps in hot market.(NEW JERSEY)(Studley Inc.)(Brief Article)
'Golden' building fetches $22m.(Theodore Fremd Avenue Associates, L.P.)(Brief Article)
Roster shrinkage equals gain, says Malkin.(Higher quality tenants )
Moinian's acquires Fifth Ave properties.
Reckson reports 188,982 sf of lease activity in Stamford, CT.
$46M White Plains sale.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles