Silverstein Properties has named CB Richard Ellis to serve as the exclusive leasing agent for 7 World Trade Center, the first Lower Manhattan office tower to be rebuilt after 9/11, announced Larry Silverstein.
'Three years after 9/11, Lower Manhattan has a spectacular new skyscraper and a powerful symbol of the rebirth of the World Trade Center,' said Mr. Silverstein. 'In less than a month, we top out the steel and we´ll have a finished building by the beginning of 2006. The rapid ascent of 7 has generated interest from potential tenants, both at home and overseas.
'We are thrilled that CB Richard Ellis will be spearheading the leasing efforts for 7 World Trade Center and are confident that all of New York City´s real estate brokerage and tenant rep firms will cooperate with the team at CB Richard Ellis to lease 7 World Trade Center as quickly as possible,' Mr. Silverstein continued.
Added Mary Ann Tighe, chief executive officer, New York Tri-State Region for CB Richard Ellis, 'It is a tremendous honor to work with Larry Silverstein and to be a part of a distinguished team that is leading the rebirth of the World Trade Center. We are excited to be handling the leasing effort at Seven World Trade Center. This historic property will forever be linked with the revitalization of Downtown Manhattan. It will provide tenants with the most advanced technological, environmental and life safety features available anywhere in the world.'
The 1.7 million square foot 7 World Trade Center will incorporate a host of life-safety enhancements that will become the prototype for all new high-rise construction, including the Freedom Tower and four other buildings that Mr. Silverstein will build on the Twin Towers site.
The office tower also was designed to achieve the U.S. Green Building Council´s LEED (Leadership in Energy and Environmental Design) certification, and Silverstein Properties has already been recognized with an award from the Environmental Protection Agency for its pioneering environmental efforts at the site.
The new 7 World Trade Center, which is bound by Greenwich, Vesey, Washington and Barclay Streets, will be taller and sleeker than its predecessor. To accommodate the reopening of Greenwich Street and re-imposition of the street grid on what had been the World Trade Center superblock, Mr. Silverstein set the building a distance back and created a neighborhood park that would be irrigated by collected rain water.
Tenant floors begin at the 11th floor above grade. The untenanted first 10 floors largely are given over to a Consolidated Edison substation and the street-level lobby facing Greenwich Street, which leads to elevator banks to the tenant floors.
7 World Trade Center was designed by architect David Childs, Consulting Design Partner at Skidmore, Owings & Merrill LLP/New York. Tishman Construction Corporation, which built the original 7 World Trade Center for Mr. Silverstein, is General Contractor for the project.
Source: CBRE
