CBRE has completed four offices leases at 55 Broadway totaling 40,944 sq. ft. in the month of January, including two new leases, an expansion, and a renewal.
The CBRE team led by Brad Gerla along with, Jonathan Cope, Caroline Merck and Craig Motola represented the ownership of 55 Broadway, Harbor Group International and serve as the property’s exclusive leasing agents.
The transactions include an 18,294-sq.-ft. new office lease for the Consulate General of Morocco; a 10,986-sq.-ft. new commitment by Assurant, a global provider of risk management products and services; a 7,071-sq.-ft. renewal by the law firm of Hannum Feretic Prendergast + Merlino; and a 4,493-sq.-ft. lease expansion by fund manager Clear Street.
“We are thrilled to announce the most recent deals at 55 Broadway, a unique, Class A office tower in Downtown Manhattan,” noted Mr. Gerla. “While we faced a number of challenges due to the global pandemic, our entire CBRE team was able to work closely with the ownership and the brokerage community to complete these transactions."
Built in 1982, 55 Broadway is a Class A office tower totaling 358,000 sq. ft. and located in the heart of the Financial District between Exchange Alley and Morris Street. The 32-story building recently underwent a complete renovation and features an Energy Star label and 24-hour access with a state-of-the-art secured lobby.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
