{"id":1004187231,"date":"2017-08-17T06:58:02","date_gmt":"2017-08-17T14:58:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004187231"},"modified":"2021-05-14T23:56:15","modified_gmt":"2021-05-15T07:56:15","slug":"wework-signs-new-lease-in-lower-manhattan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/wework-signs-new-lease-in-lower-manhattan\/","title":{"rendered":"WeWork Signs New Lease in Lower Manhattan"},"content":{"rendered":"<p>By Corina Stef<\/p>\n<div id=\"attachment_1004187236\" style=\"width: 255px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Capture2.png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004187236\" data-attachment-id=\"1004187236\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/wework-signs-new-lease-in-lower-manhattan\/capture-121\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Capture2.png\" data-orig-size=\"639,782\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Trinity Centre II, New York City\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Trinity Centre II, New York City&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Capture2.png?w=639\" loading=\"lazy\" class=\"wp-image-1004187236 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Capture2.png\" alt=\"\" width=\"245\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Capture2.png 639w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Capture2.png?resize=245,300 245w\" sizes=\"auto, (max-width: 245px) 100vw, 245px\" \/><\/a><p id=\"caption-attachment-1004187236\" class=\"wp-caption-text\">Trinity Centre II, New York City<\/p><\/div>\n<p>WeWork has signed a lease to occupy the entire fourth through seven floors of Trinity Centre, a two-building office complex situated in Lower Manhattan. The company became the largest tenant of the property, taking up approximately 85,000 square feet of office space. Additionally, WeWork has several offices throughout the borough and plans to take up more <a href=\"https:\/\/www.commercialsearch.com\/news\/brooklyn-office-market-heats-up-with-new-development\/\">co-working space in Brooklyn<\/a>. CBRE brokered the transaction.<\/p>\n<h2>A Gothic gem<\/h2>\n<p>Located at 111 and 115 Broadway, the 22-story twin buildings comprise more than one million square feet of space. Built in 1907, both buildings were renovated in 2015, according to Yardi Matrix, and feature elegant Gothic architecture, marble-clad lobbies with bronze accents and vaulted plaster ceilings. Amenities include state-of-the-art infrastructure and technology and upgraded electrical, mechanical and telecommunications systems.<\/p>\n<p>Trinity Centre is situated in Manhattan\u2019s Financial District, in the vicinity of the World Trade Center, the Oculus retail complex, Zuccotti Park, banks, eateries and cafes. Two nearby subway lines, multiple bus lines, the Battery Park Ferry Terminal and a Citi Bike Station facilitate transportation and are all within within walking distance.<\/p>\n<p>CBRE Executive Vice Presidents Adam Foster and Brad Gerla and Senior Vice Presidents Adam Leshowitz and Mike Rizzo acted on behalf of the owner, Capital Properties.<\/p>\n<p>WeWork joined a roster of tenants that includes GyroHSR, Rock Shrimp Productions, Champalimaud Design and Paperless Post.<\/p>\n<p>\u201c<em>We believe the property\u2019s central location and flexible floor design\u2014as well as the building\u2019s unique character and charm\u2014will be a great addition to the WeWork family,<\/em>\u201d Foster said in a prepared statement.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company is taking over four full floors at Trinity Centre and becoming the anchor tenant. The two-building office complex boasts a recently restored Gothic fa\u00e7ade and marble-clad lobbies. <\/p>\n","protected":false},"author":241,"featured_media":1004187236,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1576],"tags":[37236,32789,33678],"class_list":["post-1004187231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cities","tag-capital-properties","tag-cbre","tag-wework"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WeWork Signs New Lease in Lower Manhattan - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/wework-signs-new-lease-in-lower-manhattan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WeWork Signs New Lease in Lower Manhattan\" \/>\n<meta property=\"og:description\" content=\"The company is taking over four full floors at Trinity Centre and becoming the anchor tenant. 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