Financial firm Loeb Holding Corp. has signed a 22,000-square-foot lease at 125 Broad Street in Lower Manhattan, bringing the Mack-Cali-owned portion of the 1.3-million-square-foot building to full occupancy, Crain’s reported.
The New Jersey-based Mack-Cali owns 580,000 square feet of the 40-story tower, which sustained flooding during Hurricane Sandy. Loeb’s nearly 16-year lease encompasses half of the 14th floor. The firm was previously at 61 Broadway. Asking rents are in the $30s per square foot. [more]