Lease Beat

Photo App Startup Signs 100 Wall Street Lease

100 Wall Street.

Pixable, the developer of a mobile photo application of the same name, has signed a five-year lease for a 6,836-square-foot portion of the 18th floor of Savanna’s 100 Wall Street, Commercial Observer has learned.

The company’s product aggregates photos from various social networks and sorts them into feeds. Founded in 2009, Pixable was acquired by SingTel in 2012 for $26.5 million, according to CrunchBase, and is currently headquartered at 137 Varick Street. Read More

Lease Beat

Another Tech Support Firm Signs at 100 Wall Street

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Apex Systems, Inc. has signed a new seven-year, 4,318-square-foot lease at Savanna’s 100 Wall Street, Commercial Observer has learned.

The company, a leading provider of information tech staffing, follows a string of tech/creative tenants that have filled roughly 50,000 square feet in the Downtown building over the last 15 months.

Savanna’s Downtown portfolio, which consists Read More

Lease Beat

Two New Deals Signed at 17 State Street

rfr_17-state-street

Two financial services firms have signed new deals at RFR Realty’s 17 State Street, Commercial Observer has learned.

In the larger of the two deals, World Trade Financial Group has signed a 10-year, 13,030-square-foot deal for portions of the 38th and 39th floors. The tenant will pay rent in the mid-$50s per square foot, according to data from CompStak. Read More

Lease Beat

Limelight Networks Signs Lease at Savanna’s 100 Wall Street

100 Wall Street.

Limelight Networks has signed an eight-year, 4,071-square-foot lease for a portion of the fifth floor at Savanna’s 100 Wall Street, The Commercial Observer has learned.

The new lease follows on the heels of an announcement in October that El Al Airlines, the national airline of Israel, had signed a 10-year, 14,918-square-foot lease on the fourth floor at Lower Manhattan property.

Read More

Lease Beat

Luxoft Relocation Downtown Illustrates Broader Tech Shift

100 Wall Street

Luxoft USA, Inc. has signed a roughly 4,700-square-foot, 10-year lease for a portion of the fifth floor at Savanna’s 100 Wall Street.

The software development and IT solutions provider relocates to the building from its former Penn Plaza location, representative of a broader shift among tech tenants moving Downtown.

“We definitely are seeing an influx of Read More

Lease Beat

100 Wall Street Welcomes Rosenbaum & Rosenbaum

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Rosenbaum & Rosenbaum has signed a deal for an office in the Financial District, it was announced.

The personal injury law firm will be taking a 3,822-square-feet office on the 15th floor of Savanna-owned 100 Wall Street. The firm represents clients throughout the city and the metropolitan area on personal injury, medical malpractice and product Read More

Lease Chart

Alterra Consolidates US Office in New York

Courtesy of SL Green

Alterra USA Holdings is set on consolidating their New York offices into one US headquarters office.

The insurance firm inked a 27,342-square-foot deal in SL Green Realty Corporation‘s 1185 Avenue of the Americas in Midtown. The office will house Alterra’s USA, Speciality, and Capital Services operations on the 16th floor of the Class A building. Read More

Sales Beat

Savanna Takes Control at 2 Rector Street

2 Rector Street.

After several years of being affiliated with the building, real estate private equity firm Savanna has acquired a controlling interest in 2 Rector Street, The Commercial Observer has learned exclusively.

Savanna acquired a portion of the first mortgage at a discount in 2007 and then in 2010 provided a mezzanine loan and worked with owner Stellar Management to recap the building. Read More

Lease Beat

Charles Cammack Associates Renews at 2 Rector Street

Courtesy of Stellar Management

Charles W. Cammack Associates has renewed its lease in the Financial District.

The employee benefits and online information management, retirement plan, and financial planning advisory firm will maintain their 19,500 square foot space that spans the entire 23rd floor of 2 Rector Street.

Gabe Marans and Greg Toubin of Studley helped secure the renewal for Read More

Lease Beat

Council of State Governments Expands

(Courtesy of City Feet)

The Council of State Governments has expanded its lease at Savanna’s 100 Wall Street.

“The superior light and air, efficient floor plates, quality of existing tenancy as well as the high quality of Savanna prebuilt space attracted them to 100 Wall Street,” noted Kevin Hoo, vice president of Savanna, about their initial appeal to the Read More

Lease Beat

Savanna’s 100 Wall Street Welcomes Blackwall Capital

100 Wall Street (Courtesy of Commercial Short Sale)

Blackwall Capital Markets has signed a lease for Savanna’s 100 Wall Street in the Financial District.

The consulting firm specializing in life insurance and financial planning has signed a lease for a 4,343 square foot portion of the eleventh floor in the historic building. The lease was set for eight years.

Mitch Konsker, Scott Cahaly, Read More

Lease Beat

100 Wall Street Welcomes Hartford Steam Boiler Inspection

100 Wall Street

A global speciality insurer and reinsurer, Hartford Steam Boiler Inspection & Insurance Company, signed a new lease at Savanna’s 100 Wall Street.

The firm was found in 1866 as the “first company in America devoted primarily to industrial safety.” Over the 145 years of service, the firm has grown its inspection force to over 1,200 engineers, inspectors Read More

Lease Beat

Deutsche Bank Takes 50K in Brooklyn

4 MetroTech. (Courtesy Property Shark)

Deutsche Bank AG will be opening its first office in Downtown Brooklyn after it agreed to take 50,000 square feet at the JPMorgan Chase-owned 4 MetroTech Center, The Commercial Observer has learned. Read More