Regus renews at Alex Rovt’s 14 Wall Street

14 Wall Street
14 Wall Street

Luxembourg-based office space provider Regus is hanging onto its 37,000-square-foot space on the 20th floor at billionaire investor Alex Rovt’s 14 Wall Street for another 10 years

Capstone Equities and the Carlyle Group bought the 37-story, 1 million-square-foot building near Nassau Street for $325 million in 2007, as previously reported.

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Then, last year, Rovt acquired a controlling interest in the former Bankers Trust Company building for $300 million.

CBRE Group broker Mark Ravesloot represented the tenant in the deal, while his colleague Brad Gerla represented the owner. Asking rents were $40 per square foot.

In January, the New York State Society of CPAs took over an entire 37,000-square-foot floor at the building. [Crain’s]Mark Maurer