Trading Company Moving From World Trade Center to Brookfield Place
Volant Trading, a firm that specializes in options trading, signed an 11-year lease to relocate into a 13,052-square-foot space at 250 Vesey Street, one of the buildings at Brookfield Property Partners’ Brookfield Place complex, CBRE said in a news release.
The lease will occupy part of the 26th floor of the 34-story building between North End Avenue and West Street (formerly known as 4 World Financial Center), according to CBRE, which represented Volant Trading in the transaction.
Asking rent was in the high $60s per square foot, a CBRE spokeswoman said by email. Volant Trading plans to move into its new space during the middle of next year from its current 7,800-square-foot offices at 7 World Trade Center.
“Volant is a growing company that has experienced tremendous success recently and we like the diversity they are adding to the tenant mix at Brookfield Place,” a spokeswoman for Brookfield said via email.
Brookfield was represented in-house by David Cheikin and Justin Coulter, and also by JLL’s Michael Berman. Rob Wizenberg of CBRE, who brokered the deal on behalf of Volant Trading, declined to comment on the deal.
Over the past few years Brookfield has signed a plethora of retail and office tenants at 250 Vesey Street, including Jane Street Capital, the Drug Enforcement Administration (DEA), Drybar and a Saks Fifth Avenue Men’s Store.