Webull Financial Expands Offices by 17K SF at 44 Wall Street
By Nicholas Rizzi June 10, 2021 10:27 am
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Electronic trading platform Webull Financial expanded its offices at 44 Wall Street by 17,000 square feet, Commercial Observer has learned.
Webull signed an 11-year renewal and expansion in the 24-story Financial District tower between Williams and Nassau streets, landlord brokers George Comfort & Sons said. Asking rent in the building ranges from $54 to $60 per square foot.
The firm, which first took space in 44 Wall in 2018, currently has space on the fifth and sixth floors. It now took the entire second floor of the property and the new deal brings its presence to 26,000 square feet, according to George Comfort & Sons.
The 350,000-square-foot 44 Wall was built in 1927 and Dallas-based Gaedeke Group bought it from Blackstone-owned EQ Office for $200 million last year, with George Comfort & Sons tapped to operate the property.
Matt Coudert, Alexander Bermingham and Caswell Jernigan of George Comfort & Sons represented the landlord in the deal, while Colliers (CIGI) International’s Robert Gallucci handled it for Webull. A spokesperson for Colliers did not immediately respond to a request for comment.
“The recent upgrades to 44 Wall Street provide a modern, yet still charming, environment for the city’s leading financial firms,” Peter Duncan, president and CEO of George Comfort & Sons, said in a statement. “We are pleased to continue our relationship with Webull Financial and to be able to accommodate the company’s impressive growth within the tower they’ve called home for years.”
