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
Deals of the Day: March 28
Data processing company tacks on additional lease at 1 World Trade Center
Date 2022-03-29
Author Beth Treffeisen
Data processing company Celonis expands at One World Trade Center
Data processing company Celonis is expanding its footprint at One World Trade Center. The deal brings the lower Manhattan skyscraper up to 95% leased The company has opted to extend its existing lease and to sign an additional lease for the full 70th floor, about 41,000 square feet, according to the building's landlords, The Durst Organization and The Port Authority of New York and New Jersey. Celonis signed a lease in February 2020 for the full 87th floor, more than 34,000 square feet. "One World Trade Center is a beautiful location for our North America headquarters," said André Heinz, chief…
Date 2022-03-29
Author Liz Young
New York’s Landmark One World Trade Center Reaches Highest Leasing Level in Building History
One World Trade Center, the tallest building in the Western Hemisphere, has reached the tower’s highest leasing level after software firm Celonis took more space in a sign of recovering demand for high-end New York City offices Celonis, a producer of software that helps businesses run more efficiently, extended its existing lease and signed an additional agreement for the entire 70th floor. Celonis already occupied 34,000 square feet on the 87th floor before the expansion, the building management said. With its new additional footprint of 40,763 square feet, One WTC is now 95% leased, 2 percentage points more than in…
Date 2022-03-29
Author Andria Chang