The Real Deal New York

Common sighting: Tech firm moving into 100 Wall Street

February 11, 2014 10:02AM

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100-wall

100 Wall Street

Savanna has brought another tech firm aboard at 100 Wall Street. IT staffing company Apex Systems inked a seven-year deal for more than 4,300 square feet.

Throughout the 29-story building, located between Water and Front streets, asking rents range between $38 and $45 per square foot. When Apex moves in by April, the property will be 88 percent occupied. Tech and creative firms have signed to take up about 50,000 square feet of combined space in the building since the start of 2013.

Jones Lang LaSalle brokers Scott Cahaly, Kyle Young and Mitchell Konsker represented the landlord, while JLL’s John Moxley represented Apex.

The building was purchased by Savanna in 2011, and totals 520,000 square feet. Israel’s national airline, El Al Airlines, signed a 10-year, 14,918-square-foot lease there in October. Limelight Networks grabbed space there the following month. [NYO]Mark Maurer

  • K2theIzo

    When they say $38 per sf, is that monthly?

    • Hasan

      yearly

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