Real Estate Weekly
Image default
Deals & Dealmakers

Two firms take 32,094 s/f at Rudin’s One Battery Park Plaza

The Rudin Family, together with investment advisor and asset manager Allianz Real Estate of America, announced that two companies have signed leases totaling 32,094 s/f at One Battery Park Plaza, a 35-story office tower in Lower Manhattan.

CetraRuddy, the New York City-based architecture and interior design firm, has finalized an 11-year, 22,894 s/f lease comprising a portion of the 8th floor.

The company, which is known for major residential design projects such as 200 East 59th Street, Walker Tower and One Madison, expects to relocate from 584 Broadway in SoHo to the building in the fourth quarter of 2017.

Also signing is nonprofit organization Global Impact Investing Network, Inc. (GIIN), which is taking 9,200 s/f on a portion of the 2nd floor for a 10-year term. The firm is currently located at 30 Broad Street and plans to relocate in fall 2017.

Michael Cohen and Andrew Roos of Colliers International represented CetraRuddy, while Zachary Price and Ramsey Feher of CBRE represented GIIN. Kevin Daly, Vice President of Commercial Leasing at Rudin, represented building ownership in-house in both transactions.

One Battery Park Plaza was constructed in 1970 by the Rudin and Rose families. In 2012, the Rudin Family acquired the Rose family’s 50 percent stake in the property and had retained 100% ownership until forming a joint venture with Allianz Real Estate.

Current tenants include international law firm Hughes, Hubbard & Reed, the non-profit National Development Council and San Francisco-based law firm, Gordon & Rees.

Related posts

Avison Young arranges 99-year ground lease for an estimated $21.5 million


Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building


Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando