Global Relay Inks 77K SF At Durst’s 1155 Avenue of the Americas
Software company Global Relay is headed to the penthouse at the Durst Organization’s 1155 Avenue of the Americas The firm snagged 77,000 square feet across the 38th through 42nd floors, and will leave behind its less than 5,000-square-foot offices at 286 Madison Avenue, The New York Post first reported. The 15-year deal, with asking rents of $115 per square foot for floors 38 through 41 and $150 per square foot for the 42nd floor, gives Global Relay exclusive access to the 4,000-square-foot outdoor terrace, according to Durst. SEE ALSO: Home Depot Takes 1.1M SF in Southern California Canada-based Global Relay…
Date 2022-04-07
Author Celia Young
Global Relay signs lease for Apex and Rooftop Pavilion at the Durst Organization’s 1155 Avenue of the Americas
The Durst Organization today announced that Global Relay USA, Inc. has signed a 15-year lease for the Apex, a 77,000 square-foot-block of space spanning the 38 through 42nd floors atop 1155 Avenue of the Americas. The exclusive penthouse pavilion features a wraparound outdoor terrace and 13′ View glass curtain wall which automatically tints throughout the day to reduce glare, mitigate direct sun, and control heat gain. Global Relay is moving from 286 Madison Avenue 1155 is LEED v4 Gold certified under the EBOM rating system (Existing Buildings Operations Maintenance), has undergone a $130 million capital transformation into 21st Century Class…
Author Real Estate Weekly
Tech services firm takes 77K sf at Durst’s 1155 Sixth Avenue
Global Relay USA moving from 286 Madison Avenue
Author The Real Deal
German tech firm expands by 40k sf at 1 WTC
One tenant at One World Trade Center is more than doubling its footprint at the building, helping the owners reach a leasing benchmark German business process analytics firm Celonis is extending its lease and expanding to the entire 70th floor. The Durst Organization announced on Monday the company was adding more than 40,000 square feet. The firm’s lease pushes One World Trade to being 95 percent leased, two percentage points higher than it was pre-pandemic. The building has never been more occupied, according to Durst president Jonathan Durst. A Savills team of Michael Mathias and Kirill Azovtsev represented Celonis in…
Date 2022-03-30
Author Holden Walter-Warner
One World Trade Center now 95% leased
The Durst Organization and The Port Authority of New York and New Jersey today announced that Celonis has extended its existing lease and signed an additional lease for the entire 70th floor. With this additional 40,763 square feet, One WTC is now 95% leased, two percentage points higher than in February of 2020, just prior to the beginning of the Pandemic “In just two years, Celonis has significantly increased its footprint at One World Trade Center,” said Jonathan (Jody) Durst, President of The Durst Organization. “One WTC is now 95% leased, the highest level in the building’s history. This milestone…
Author Real Estate Weekly