Leases  ·  Office

FinTech Company Digital Asset Nabs 19K SF at 4 WTC

Digital Asset, a financial technology company, will relocate its New York City offices to 19,000 square feet at 4 World Trade Center, Commercial Observer has learned.

The company signed an eight-year lease for part of the 47th floor of Silverstein Properties’ 72-story Financial District skyscraper, where asking rents were in the $80s per square feet, a spokeswoman for the landlord said.

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A Silverstein in-house team of Jeremy Moss and Camille McGratty handled the deal along with CBRE (CBRE)’s Mary Ann Tighe, Stephen Siegel, Ken Meyerson, Evan Haskell, Adam Foster, Steve Eynon, Robert Hill and David Caperna. CBRE’s Jeffrey Fischer and Gary Davies brokered the deal for Digital Asset.

“Downtown is close to where tech talent lives and the new buildings at the World Trade Center have the infrastructure and expansion space that fast-growing technology-oriented companies need to succeed,” Moss said in a statement.

Eynon said in prepared remarks that 4 WTC is “ahead of the curve in terms of office design” and will help support Digital Asset’s “business objective and growth trajectory.”

Digital Asset—which has offices in London, Budapest, Zurich, Hong Kong and Sydney—will relocate from its 14,830-square-foot offices at 96 Spring Street in January, according to a Silverstein spokeswoman and CoStar Group data.

Other tenants in the 2.3-million-square-foot 4 WTC include streaming music service Spotify, financial technology company Hudson River Trading Company and insurance firm Zurich Insurance Group.