The Real Deal New York

Stock Exchange platform inks lease at 3 WTC

Company is moving from 4 WTC
April 03, 2018 08:35AM

An upstart stock exchange platform just inked a 45,000-square-foot lease at Silverstein Properties’ 3 World Trade Center.

IEX is trading its 13,000-Square-foot digs at 4 World Trade Center for a full floor at Silverstein’s new tower, the New York Post reported.

“They started with a small space, the kind we call ‘sliver tech,’ at 7 World Trade. They needed more and ended up at Tower 4,” Larry Silverstein told the Post. “The next thing we knew, they were in need of significantly more space. My suspicion is that they’ll continue to grow.”

GroupM is tower’s anchor tenant, taking 700,000 square feet across several floors. The 2.5-million-square-foot tower is slated to open June 6. The Real Deal recently took a tour of the nearly completed building. Asking rents range from the $70s to $90s per square foot, though the terms of IEX’s lease were not immediately clear. [NYP] — Kathryn Brenzel