The Real Deal New York

Rudin signs four tenants to 46K sf at One Whitehall

Landlord inked leases with digital marketing firm, real estate investment company

November 04, 2016 09:07AM

One Whitehall Street (credit: CoStar)

One Whitehall Street
(credit: CoStar)

Four separate tenants signed leases at Rudin Management’s One Whitehall Street, locking down a combined 46,488 square feet at the building.

Real estate investment firm Enterprise Community Partners — which was represented by Marc Shapses and Seth Wasserman of Savills Studley — renewed its 20,200-square-foot lease at the building early, the Commercial Observer reported. The lease is for 12 years, ending in 2028.

Digital marketing firm Selligent signed a 10-year lease for 11,323 square feet across the entire 19th floor, and is slated to move into the building early next year. The company, which is based in Chelsea, was represented by Paul Formichelli and Clayton Kline of JLL. Asking rents were not disclosed for those leases.

Two other companies will take pre-built office space at the building, which has an asking rent of $55 per square foot, according to the CO. Architizer, a tech firm attempting to disrupt the architecture industry, is taking 7,356 square feet on the 10th floor. Craig Lemle and Nick Zarnin of Savills Studley represented Architizer.

The second company leasing pre-built office space is healthcare firm Premier Home Health Care Services. The company is taking 7,601 square feet on the building’s second floor. Bruce Surry and Sam Spillane of CBRE represented Premier in the deal. Kevin Daly, Rudin’s vice president of leasing, represented the landlord on all the leases.

Although average rents for office space have been rising across Manhattan, repricing in Midtown and Midtown South has been inconsistent. Downtown landlords, however, have consistently repriced higher when space has become available, as The Real Deal reported late last month.

Rudin Management, headed by Bill Rudin, owns several commercial buildings in Manhattan including One Battery Park Plaza, 80 Pine Street and 110 Wall Street[CO]Miriam Hall

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