"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," says Silverstein in a statement. ABN Amro has signed a 15-year lease for the space. Rental rates were not disclosed, but according to Silverstein Properties website, the company was asking for $60 per sf for the floors ABN Amro leased.
The 52-story, one-million-sf building is now 60% leased. Other tenants include Darby & Darby PC, Moody's Investors Service and the New York Academy of Sciences.
CB Richard Ellis' Mary Ann Tighe, Stephen Siegel, Brad Gerla and Simon Wasserberger represented Silverstein Properties. Peter Riguardi, Frank Doyle, Lisa Kiell and Jay Lapham, with Jones Lang LaSalle, negotiated on behalf of ABN Amro.
At the RealShare New York conference earlier this year, panelists agreed that Downtown is beginning to see a revitalization in interest. The leasing activity of late further solidifies this fact.
"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 is gaining velocity," says Silverstein in a statement. "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."
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
Already have an account? Sign In Now
*May exclude premium content© 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.
