ABN Amro has signed a lease for 14,800 m[sup]2[/sup] in the new 7 World Trade Centre building in New York. The Dutch banking giant will occupy the top four floors of the building. A lease price has not been disclosed but the space is offered for $550 (EUR 412) per square metre per year. CB Richard Ellis represented Larry Silverstein and ABN Amro was represented by Jones Lang LaSalle.
ABN Amro has signed a lease for 14,800 m2 in the new 7 World Trade Centre building in New York. The Dutch banking giant will occupy the top four floors of the building. A lease price has not been disclosed but the space is offered for $550 (EUR 412) per square metre per year. CB Richard Ellis represented Larry Silverstein and ABN Amro was represented by Jones Lang LaSalle.
ABN Amro already has offices on Park Avenue and Jersey City in New York and was looking for about 14,000 m2 in Manhattan to consolidate its facilities. The latest lease agreement means that about 70% of the 158 000 m2 of leaseable space is now taken. Other tenants include Moody's, Darby & Darby and American Express.
This is the second building to be named 7 WTC. The first was opened in 1987 but was destroyed during the terrorist attacks on the World Trade Center on September 11, 2001. The new 228-metre structure, opened in 2006, has 52 floors. The leasable office space starts from the 11th floor as the first ten floors house an electrical substation for Lower Manhattan.
Although WTC 7 is developed by Larry Silverstein, it is not part of the 16-acre WTC Complex, which is also being developed by Silverstein Properties.
