The Real Deal New York

Westfield to sign five-year lease at One World Trade Center

Asking price was $75 a foot for space on the building's 46th floor

October 07, 2014 09:00AM

From left: One World Trade Center and Westfield Group's David Ruddick

From left: One World Trade Center and Westfield Group’s David Ruddick

Westfield Group, the World Trade Center retail owner, is about to close on a lease at One World Trade Center for its corporate office.

The company, currently located at 7 World Trade Center, is looking to sign a five-year lease for 12,000 square feet on the tower’s 46th floor. The asking rent was $75 per square foot.

When the lease runs out, Condé Nast, One World Trade Center’s anchor tenant, has the option of taking over the 46th floor, according to the New York Post. The publishing company is taking up floors 20 through 44 in the building.

Westfield is in the process of negotiating with retailers for space in the WTC’s shopping areas, according to the Post.

One World Trade Center is expected to open at the end of the month. [NYP] — Claire Moses

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