Global banking and financial services company HSBC is moving its US headquarters to The Spiral, a 65-story, 2.8 million-square-foot office tower in Manhattan currently being developed by Tishman Speyer. HSBC has signed a 20-year, 265,000-square-foot lease at the property. HSBC will relocate its current offices from Midtown Manhattan in January 2024.

HSBC will occupy three podium-style floors, which means they are nearly column-less. It will also occupy a double-height space on the 29th and 30th floors. As part of the deal, the bank will open a street-level Wealth Center at the property, which will feature a direct connection to a dedicated entrance and lobby. According to the bank, this new space will accommodate its "hybrid workforce."

Peter Riguardi, Matt Astrachan, Ken Siegel, Mitch Konsker and Will McGarry of JLL represented HSBC on the transaction.  Tishman Speyer's in-house leasing team represented the firm in the deal.