Brookfield Office Properties Inc. announced today that it will lease 134,000 s/f at One Liberty Plaza in Lower Manhattan to Transatlantic Reinsurance Company.
Transatlantic has leased the space for a 15-year term and will occupy three floors at One Liberty Plaza. The building is now 98.6% leased.Transatlantic took over floors from MF Global Trustee and Sirius America, in addition to a vacant floor, according to a spokeswoman.
“We are pleased to welcome the Transatlantic Reinsurance Company to One Liberty Plaza in Lower Manhattan,” said Jerry Larkin, senior vice president, director of leasing New York and Boston Regions. “Given the high level of activity within our Lower Manhattan portfolio, we are optimistic that leasing momentum will continue through the beginning of 2013.”
Transatlantic was represented by Robert Lowe and John Cefaly of Cushman & Wakefield. Brookfield was represented in-house by Duncan McCuaig.
Brookfield Office Properties is Lower Manhattan’s largest office landlord. The company owns, operates and manages approximately 19 million square feet in New York City, including the Brookfield Place New York, the Grace Building, and the Manhattan West development, which will encompass more than five million square feet of office, residential and retail space in Midtown.
Other tenants at the 2.3 million square foot office tower include Investment Technology Group (ITG), an international research broker for global portfolio managers and traders.