The Real Deal New York

7 WTC fully leased as MSCI signs for 125,000 square feet

September 19, 2011 03:20PM

Clockwise from top left: Gary Greenspan, executive vice president at Cushman & Wakefield; CB Richard Ellis Chairman Stephen Siegel; 7 WTC; Peter Turchin, executive vice president at CB Richard Ellis and Michael Burgio, executive vice president of Cushman & Wakefield
Seven World Trade Center is now fully leased, according to Silverstein Properties, which signed MSCI to a 20-year lease for the final 125,000 available square feet on floors 47 through 49. MSCI, which provides investment decision support tools, is moving its world headquarters to the 52-story Tower From One Chase Plaza, and will consolidate its New York City operations in the space by the middle of next year.

Gary Greenspan and Michael Burgio, executive vice presidents at Cushman & Wakefield, represented MSCI, while an internal Silverstein Properties team together with CB Richard Ellis Chairman Stephen Siegel and executive vice president Peter Turchin, also of CBRE, negotiated the lease.

“The success of 7 World Trade Center is proof that in New York City, first-class office buildings always fill up,” said Silverstein Properties President and CEO Larry Silverstein. ” It also reaffirms our belief that our other buildings at the new World Trade Center will be just as successful.”

Current tenants in the 1.7-million-square-foot, LEED-certified gold building include German lender WestLB, law firm WilmerHale and foreign market trader FXDD. — Adam Fusfeld

One Response to “7 WTC fully leased as MSCI signs for 125,000 square feet

  1. March 19, 2012 at 3:17 pm, Silverstein refinances 7 WTC, takes out $65M cash said:

    […] that Silverstein is putting more debt on the property, which was built for $670 million, but thanks to its complete occupancy has swelled to a value of about $940 […]