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Deals & Dealmakers

WeWork takes 85,000 s/f at Capital Properties’ 115 Broadway

Office-sharing giant WeWork has signed a lease for 85,000 s/f at 115 Broadway.

CBRE announced that WeWork is taking the entire fourth through seventh floors at the building, part of the 22-story office complex known as Trinity Centre.

CBRE’s Adam Foster, Brad Gerla, Adam Leshowitz and Mike Rizzo represented owner Capital Properties.

The one-million-square-foot Trinity Centre has been restored inside and out under the direction of Capitals Properties’ Richard Cohen.

“We believe the property’s central location and flexible floor design — as well as the building’s unique character and charm — will be a great addition to the WeWork family,” said Adam Foster, executive vice president at CBRE.

Hani J. Salama, P.E., SVP of Capital Properties, added, “We are thrilled that WeWork will become one of our largest tenants at Trinity Centre and we look forward to a long and successful relationship.”

Completed in 1907, the twin Gothic skyscrapers are located a few blocks from the new World Trade Center, Oculus retail complex and transportation hub.

Trinity Centre has direct in-building access to the 4 and 5 subway lines. Its lobby features marble walls and floors, bronze accents and vaulted plaster ceilings.

WeWork joins creative tenants GyroHSR, Rock Shrimp Productions, Champalimaud Design and Paperless Post at Trinity Centre.

Capital Properties is a privately owned real estate investment, development and management firm founded in 1977. The company’s portfolio of ongoing and completed projects includes residential, hotel and commercial properties in Boston, New York and Washington, D.C.

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