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Deutsche inks lease for 50,000 square feet in Downtown Brooklyn
Deutsche Bank, the Frankfurt-based investment and financial services institution, will take 50,000 square feet of space at 4 Metrotech Center in Downtown Brooklyn, the New York Observer reported.
The bank will house its operations and other less-than-vital staff at the building, owned by JPMorgan Chase, which was chosen for its proximity to Deutsche’s Financial District office, at 60 Wall Street.
Deutsche’s offices in Manhattan are at 120 West 45th Street, 1251 Sixth Avenue, 345 Park Avenue, 622 Broadway and 885 Third Avenue, the Observer said.
Ken Siegel and Peter Riguardi, both of Jones Lang LaSalle, represented Deutsche, while Scott Cahaly and John Wheeler, also of JLL, represented the landlord, JPMorgan. [NYO]