Silverstein Properties announced that IEX, a start-up stock market dedicated to institutionalizing fairness through technology, and the subject of Michael Lewis’ book, Flash Boys, has signed a 7-year, 13,000 s/f lease at 4 World Trade Center.
The company expects to move to the 44th floor of 4 World Trade Center in April 2015.
Lease negotiations for IEX were handled by a CBRE’s Rocco Laginestra and Rob Wizenberg. Jeremy Moss, Director of World Trade Center Leasing for Silverstein Properties, and Camille McGratty, Vice President of Leasing, led the negotiations for the landlord, together with the CBRE agency team including Steve Siegel, Mary Ann Tighe, Adam
Foster, Steve Eynon, Evan Haskell, Ken Meyerson and David Caperna.
According to the Downtown Alliance, 511 firms have moved to Lower Manhattan since 2005, leasing a total of 12.3 million square feet (1.14 million square meters). 226 of those companies have been in creative or professional services, taking 51 percent of the space leased.
Brad Katsuyama, CEO and Co-Founder of IEX, commented, “Like most start-ups, we initially signed short-term leases. But thanks to our recent growth and the support of an extraordinary group of investors, we were able to sign a long-term lease with Silverstein to establish IEX headquarters in downtown New York City. We launched IEX in Lower Manhattan, so this is our way of staying true to what got us here.”