Owner Herb Bernick said that the new owners of the World Trade Center were proposing to increase the rent for the 4,000-sf store.

The new owner, Chicago-based Zeller Realty, has plans to convert much of the 150,000-sf retail portion of the building into office space. That process started with the leasing of 50,000-sf to Wells Fargo.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.