Financial security company signs for 91,217 square feet at Brookfield Properties’ 1.74 MSF office building in Downtown New York

JLL has completed a new transaction for Northwestern Mutual at 200 Liberty Street with building owner Brookfield Properties. The financial security company signed a lease for 91,217 square feet at the Class A, 1.74 million-square-foot office building.

The tenant was represented by Scott Vinett, executive vice president, with JLL, along with Chris Joyner, executive vice president, and Andrew Hegmann, senior vice president, both with Fischer & Co. Brookfield Properties was represented in-house by Mikael Nahmias, senior vice president, and by Paul N. Glickman, vice chairman, and John Wheeler, managing director, both with JLL.

“Northwestern Mutual’s business is thriving and the financial company was looking for a larger office to accommodate its Manhattan staff,” said Vinett. “They decided on Brookfield Place, as it is an amenity-rich complex with quality ownership that fosters a superior tenant experience.”

Northwestern Mutual signed a 10-year lease for 91,217 square feet of office space and will occupy the entire 30th to 32nd floors at 200 Liberty Street, which is located in Lower Manhattan between West Street and South End Avenue.

The 40-story 200 Liberty Street was designed by Cesar Pelli & Associates Architects and constructed in 1986. The building is the southernmost tower of the Cesar Pelli designed Brookfield Place, home to luxury retail, dining, public space and world-class amenities. The property offers 180-degree views of New York harbor and convenient commuter access. Brookfield Properties has enhanced 200 Liberty Street’s infrastructure to meet U.S. Green Building Council standards for Leadership in Energy and Environmental Design Gold Certification for Existing Building Operations and Maintenance.

JLL is a leader in the New York tri-state commercial real estate market, with more than 2,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services.

About Northwestern Mutual

Northwestern Mutual has been helping families and businesses achieve financial security for more than 160 years. Through a distinctive, personalized planning approach, Northwestern Mutual combines the expertise of its financial advisors with a digital experience to help its clients navigate their financial lives every day. With $272.2 billion in assets, $28.5 billion in revenues, and $1.8 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.5 million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages $128 billion of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual ranks 111 on the 2019 FORTUNE 500 and is recognized by FORTUNE® as one of the "World's Most Admired" life insurance companies in 2019. Northwestern Mutual received the highest score among individual life insurance providers in the J.D. Power 2019 U.S. Life Insurance Satisfaction Study.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.