Accenture Signs on in Hudson Square
Gus Delaporte Aug. 8, 2013, 11:30 a.m.
Management consulting firm Accenture LLP has signed a 10-year, 9,926-square-foot lease for a portion of the second floor at Trinity Real Estate’s 155 Avenue of the Americas. Asking rents at the property are in the mid-$50s per square foot.
“We are delighted that a Fortune 500 firm of this stature has chosen Hudson Square for this significant corporate expansion,” said Jason Pizer, president of Trinity Real Estate, in a prepared statement. “The area has grown tremendously, attracting many traditionally midtown-headquartered firms that desire new space in our 24/7 community.”
Accenture, headquartered in Dublin, operates offices worldwide, including an additional New York location at 1345 Avenue of the Americas. The company has approximately 40,000 employees in the United States and over 257,000 worldwide.
Trinity’s tenant roster at 155 Avenue of the Americas includes Buddy Media, East Coast Digital and Mindfile Multimedia. The 15-story property, located at the corner of Spring Street, is fronted by an island park.
Leasing activity at Trinity’s Hudson Square properties has been high of late. As reported by The Commercial Observer, New York Media, publisher of New York magazine, signed a 10-year, 80,500-square-foot direct least at One Hudson Square in June. Earlier this year, PepsiCo signed a five-year, nearly 20,000-square-foot lease to open its first Manhattan office at 350 Hudson Street.
Trinity was represented in-house by Tom Lynch while John Mambrino of Studley represented Accenture in the transaction.