Silverstein Properties has announced that Blue Wolf Capital Partners LLC (“Blue Wolf”), a leading private equity firm, signed a 10-year lease for approximately 20,000 square-feet at 3 World Trade Center in Downtown Manhattan.
Currently located at One Liberty Plaza, the firm is slated to occupy half of 3 World Trade Center’s 65th floor, moving in by early 2021. Blue Wolf’s move showcases the steady influx of leading financial and fintech companies moving to – and growing within – the World Trade Center campus.
“We are delighted to welcome Blue Wolf to 3 WTC,” said Jeremy Moss, Executive Vice President of Leasing at Silverstein Properties. “Downtown is home to the world’s leading financial institutions, including Goldman Sachs, American Express and Citibank. It is also close to where New York City’s young creative talent lives, which is why firms like Blue Wolf, Hudson River Trading and IEX have moved to the World Trade Center.”
“Blue Wolf is very excited to relocate our growing team into 3 World Trade Center, and we are grateful for the partnership with Silverstein Properties,” said Adam Blumenthal, Managing Partner of Blue Wolf. “The World Trade Center campus has emerged as a hub of diverse, innovative firms powering New York’s economy, and our move into the space reflects Blue Wolf’s continued success.”
Founded in 2005, Blue Wolf is a private equity firm that manages over $1 billion in capital and combines a focus on operational, strategic and financial disciplines to responsibly transform companies. Blue Wolf specializes in control investments in middle market companies. The firm works collaboratively to build value for stakeholders and generate superior returns through management of relationships between business, customers, employees, unions, regulators, and the communities where they work in.
3 World Trade Center, New York City’s fifth-tallest tower and newest office building to open in the World Trade Center campus, is now over 80% leased. Blue Wolf Capital will join tenants GroupM, Hudson River Trading, IEX, Uber, Diageo, Casper, Hana and Better.com.
Jeremy Moss and Camille McGratty of Silverstein Properties led negotiations on behalf of the landlord, alongside a CBRE team consisting of Mary Ann Tighe, Ken Meyerson, Adam Foster, Evan Haskell, Steve Eynon, David Caperna, and Rob Hill. Douglas Dolgoff of Cushman & Wakefield along with Blue Wolf team members, Jeremy Kogler, Partner and Glenn Cummins, Chief Operating Officer, led negotiations on behalf of the tenant. Jill Strawbridge of Greenberg Traurig, LLP represented Blue Wolf, and Ryan Knutson of Skadden, Arps, Slate, Meagher & Flom LLP represented Silverstein Properties.