NEW YORK, NY – Independent investment management firm Wellington Management has signed a 71,000-square-foot lease at Columbia Property Trust's newly-constructed office building at 799 Broadway in Manhattan.
With the 16.5 year lease, Wellington will occupy four full floors of the 182,000-square-foot, ground-up development, and it will become the building's largest occupant. The lease additionally represents the Boston-based firm's first New York office. The space will feature 15-foot ceiling heights, five private terraces totaling 7,600 square feet and floor-to-ceiling windows.
Columbia Property Trust has now secured leases for nine floors of the 12-floor building. At the 70%-leased property, in addition to Wellington, investment firm Bain Capital Ventures has signed a full-floor, 9,000-square-foot lease; national mortgage lending and servicing organization New Residential Investment Corp. has signed a two-floor, 25,000-square-foot lease; and an undisclosed tenant has signed a lease for two additional floors.
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