Image default
Deals & DealmakersFeatured

JLL subleases another chunk of Conde Nast space at 1 WTC

JLL has completed a 48,000 s/f long-term sublease with Constellation Agency on behalf of Advance for the entire 21st floor of One World Trade Center in Lower Manhattan. The tenant is relocating from 110 William St.

Peter Riguardi,
chairman and president of the New York tri-state region, and Joseph Messina and
Steven Rotter, vice chairmen, with JLL represented Advance in the transaction. Dale Schlather, executive vice
chairman, and Greg Herman, director, with Cushman & Wakefield represented
Constellation Agency.

Constellation
Agency is
a SaaS company that offers
tech-enabled marketing and creative services, managing hyper-targeted campaigns
through a proprietary advertising engine. The company
provides a hybrid approach to advertising
through internal and client-facing technology tools.

JLL is exclusive leasing agent for Advance, which is offering for sublease some 400,000 s/f of space at One World Trade Center. JLL also recently completed a 40,000 s/f, long-term sublease for Reddit for the entire 33rd floor of One World Trade Center.

“The leasing momentum for the Advance space at One World
Trade Center highlights the superior quality of the design and the growing
interest in Lower Manhattan by technology and creative firms,” Riguardi said. “The
available space provides tenants with significant flexibility, spectacular
views and access to abundant amenities.”

Related posts
Transwestern brokers Plaza District renewal for Parisian investment firm
Transwestern brokers Plaza District renewal for Parisian investment firm
REW
ON THE SCENE: This week’s middle market sales
ON THE SCENE: This week’s middle market sales
REW
Toll Brothers JV sells Princeton development for $92M
Toll Brothers JV sells Princeton development for $92M
REW
New York landlords threaten to sue if Albany fights court eviction ruling
New York landlords threaten to sue if Albany fights court eviction ruling
REW