Financial firm takes 125K sf at Brookfield Place

Tullett Prebon moving out of 199 Water Street

New York /
Feb.February 17, 2017 03:50 PM

Brookfield Place, formerly known as World Financial Center, went back to its roots and signed financial brokerage Tullett Prebon to a 125,000-square-foot lease.

The company will move into the fifth and part of the sixth floor at 200 Vesey Street in 2018, Crain’s reported. It is moving from Jack Resnick & Sons’ 199 Water Street.

JLL’s Scott Panzer and Shannon Rzeznikiewicz represented Tullett, while the landlord was represented in-house. Asking rents at the complex are in the $50s per square foot.

Earlier this month, the Royal Bank of Canada renewed a 400,000-square-foot lease at Brookfield Place.

The complex has signed several large media tenants in recent years, shifting its tenant makeup away from financial firms.

Brookfield is currently shopping a 49 percent stake in the property.  [Crain’s]Konrad Putzier 


Related Articles

arrow_forward_ios
CBRE's Emma Giamartino and Bob Sulentic (CBRE, iStock)
Flush with cash, CBRE is ready to spend
Flush with cash, CBRE is ready to spend
GCP CEO Alan Yang (Getty, GCP)
GLP raises $2.3B for logistics property fund
GLP raises $2.3B for logistics property fund
Alphabet CEO Sundar Pichai and Twitter CEO Jack Dorsey (Getty)
Twitter, Google latest big companies to delay office returns
Twitter, Google latest big companies to delay office returns
Durst Organization CEO Douglas Durst (Getty)
Durst to fire unvaccinated corporate employees Sept. 6
Durst to fire unvaccinated corporate employees Sept. 6
Converting offices to lab spaces comes with challenges, as some spaces need specific ventilation and upgraded electrical facilities (Getty)
Conversions from offices to life science labs booming
Conversions from offices to life science labs booming
132 West 14th Street and KPG’s co-founders Rod Kritsberg and Gregory Kraut (Avison Young, KPG)
KPG signs long-term ground lease for 57K sf at 132 West 14th Street
KPG signs long-term ground lease for 57K sf at 132 West 14th Street
Paramount Group lost $16 million last quarter
Paramount Group posts $16M quarterly loss
Paramount Group posts $16M quarterly loss
Commercial property sales outpace pre-pandemic figures in Q2
Commercial property sales outpace pre-pandemic figures in Q2
Commercial property sales outpace pre-pandemic figures in Q2
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...