Continental Stock Transfer & Trust Company has inked a 36,000-square-foot lease at 1 State Street to relocate its offices within the Financial District.
The stock transfer agent is relocating from The Moinian Group’s nearby 17 Battery Place between Washington Street and the Battery Park Underpass where it has 35,000 square feet, as The Real Deal reported.
It was not immediately clear what floor Continental Stock’s new digs will be on in the 35-story building at the intersection of State and Whitehall Streets, which is owned by Wolfson Group, nor when it will move in.
Newmark Grubb Knight Frank’s Paul Davidson represented Continental, while CBRE’s Bruce Surry and Rob Wizenberg negotiated the transaction on behalf of the landlord. A spokeswoman for NGKF did not return a request for comment, and a spokeswoman for CBRE declined to provide the terms of the deal or provide comment. Asking rents in the building are in the high $50s per square foot, according to CoStar Group.
A representative for Continental Stock did not immediately respond to an inquiry seeking comment.