In an effort that could fuel more leasing activity at the LEED Gold-hopeful 1 World Trade Center, the Durst Organization has announced that two full floors of the 104-story tower will be subdivided to accommodate 18 smaller office tenants.
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By November, the first of the four office buildings that will make up the new World Trade Center will be finished, with 1 WTC to follow in early 2014. Let’s take a quick look at where construction and development efforts stand across the rest of the site.
The U.S. General Services Administration has, finally, formally signed its 20-year, 270,000-square-foot lease for six floors (50 through 55) at the LEED Gold-hopeful 1 World Trade Center: rent is rumored to be in the low $50s per square foot.
By signing a term sheet last week for 300,000 square feet, the General Services Administration has vaulted the LEED Gold-hopeful 1 World Trade Center past the critical 50 percent-leased threshold.
The biggest green real estate deal of the year is $2 billion, 1 million square feet, and one long-awaited break for One World Trade Center.