Silverstein Properties has renewed two leases and signed on two new tenants, for a total of more than 104,000 square feet at 7 World Trade Center. It has also secured $457.5 million in refinancing for the iconic building.
The four leases bring the building to 97% occupancy. They include Mansueto Ventures, which renewed its 40,000-square foot lease; Capstone, which signed a lease for 40,000 square feet; boutique law firm Kostelanetz & Fink, which renewed its 18,158-square-foot lease and marketplace UPSTACK, which signed a lease for 5,400 square feet.
"It's very gratifying to see long-term tenants renew and new tenants join us in the building," Jeremy Moss, Executive Vice President and Director of Leasing for Silverstein Properties, said in prepared remarks.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
