Huntsworth Health Relocating to 39K SF at Brookfield Place
By Nicholas Rizzi October 23, 2019 5:18 pmreprints
A London-based family of health care and communications companies, Huntsworth Health, inked a deal to move its New York City offices from Hudson Square to Brookfield Place, Commercial Observer has learned.
Huntsworth signed a 12-year sublease with Virtu Financial for 39,372 square feet on the entire 10th floor of Brookfield Property Partners’ 300 Vesey Street between North End Avenue and the Hudson River, a source with knowledge of the deal said. Asking rent was $60 per square foot.
The company has held 24,000-square-foot offices at 101 Avenue of the Americas in Hudson Square since 2013 and plans to move into its new, bigger digs by March, according to the source.
Virtu assumed 169,000 square feet in the 15-story 300 Vesey Street after it bought rival trading firm KCG Holdings for $1.4 billion in 2017, CNBC reported. KCG moved its headquarters to Brookfield Place in 2015, as CO previously reported.
In December 2018, Virtu subleased 42,000 square feet of the space to digital marketing firm Fluent, Inc. and in March inked a deal with OTC Markets Group for 33,000 square feet on parts of the 12th floor.
JLL (JLL)’s Frank Doyle, Cynthia Wasserberger, Andrew Coe and Kyle Young represented Virtu in its latest deal along with Sage Realty Corporation’s Michael Lenchner. Newmark (NMRK) Knight Frank’s Eric Cagner and Greg Wang handled it for Huntsworth.
The JLL brokers and Lenchner declined to comment. A spokesman for NKF did not immediately respond to a request for comment.