10:00 AM
Brookfield Office Properties Inc. (BPO: NYSE, TSX) announced today that it has hired Newmark Grubb Knight Frank as the leasing agent for One Liberty Plaza, one of Lower Manhattan’s most prestigious buildings at 54 stories and 2.3 million square feet.
“We are pleased to have the Newmark Grubb Knight Frank team in place to help us lease the upcoming block at One Liberty Plaza,” said Jerry Larkin, the senior vice president of leasing at Brookfield. “The building’s direct access to Fulton Street Transit Center and the World Trade Center Transit hub, its column-free space, ample infrastructure and spectacular views provide a unique value opportunity for prospective tenants.”
The Newmark Grubb Knight Frank team will include David Falk, Hal Stein, Peter Shimkin and Nick Berger.
“We’re very excited to be partnering with Brookfield in leasing up one of the most prominent buildings downtown,” said David Falk, president, New York Tri-state region, at Newmark Grubb Knight Frank. “Our team will be targeting tenants that are looking for the best value in one of the most established and vibrant business districts in the US.”
One Liberty Plaza has breathtaking views on all four sides of the building and has direct access to the PATH, all 11 subway lines that run through Lower Manhattan, and the new Fulton Street Transit Center. In the next few years, One Liberty Plaza will also be connected to the World Trade Center Transit Hub and the PATH by a seamless underground passage.
One Liberty Plaza remains a coveted location, which is reflected in the building maintaining a leasing level of over 95% for more than 15 years. Current tenants include Cleary Gottlieb, Zurich Insurance, FINRA, the Royal Bank of Canada and the Investment Technology Group. By mid-2014, One Liberty Plaza will offer a 240,000-square-foot, contiguous block for leasing and open floors from the 22nd to 26th levels, in addition to partial space on the 27th floor.
Brookfield Office Properties is Lower Manhattan’s largest office landlord, with six towers totaling 12.9 million square feet. The company owns, operates and manages approximately 19 million square feet in New York City, including the Brookfield Place New York and the Grace Building.
About Brookfield Office Properties
Brookfield Office Properties owns, develops and manages premier office properties in the United States, Canada, Australia and the United Kingdom. Its portfolio is comprised of interests in 111 properties totaling 81 million leasable square feet in the downtown cores of New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, Ottawa, London, Sydney, Melbourne and Perth, making it the global leader in the ownership and management of office assets. Landmark properties include Brookfield Places in Manhattan, Toronto and Perth, Bank of America Plaza in Los Angeles, Bankers Hall in Calgary, and Darling Park in Sydney. The company’s common shares trade on the NYSE and TSX under the symbol BPO. For more information, visit www.brookfieldofficeproperties.com.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.