The Real Deal New York

College Board takes 145K square feet at Brookfield Place

January 16, 2014 10:48AM

The entrance of Brookfield Place at 250 Vesey Street

The entrance of Brookfield Place at 250 Vesey Street

College Board, the creator of standardized college admission tests including the SAT, is moving Downtown to Brookfield Office Properties’ Brookfield Place. College Board will take 145,000 square feet at 250 Vesey Street and will set up in space that was previously occupied by Merrill Lynch.

College Board’s headquarters are currently at 45 Columbus Avenue near Lincoln Center, according to Bloomberg News.

“This transaction … continued to differentiate lower Manhattan as the home to innovative thinkers across a broad spectrum of industries,” David Cheikin, vice president of leasing at Brookfield, said in a statement to Bloomberg News.

College Board will take the entire 16th and 17th floors as well as part of the 18th floor.

Brookfield is still looking to lease about 574,000 square feet at the property, a spokesperson for the real estate investment trust told Bloomberg. Recent large deals at the building include a 330,000-square-foot lease with law firm Jones Day signed in November. Brookfield recently said that it would use the building’s swank retail space to attract office tenants. [Bloomberg News]Hiten Samtani 

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