Scott Ansel
Market Expert
Associate, Savills Studley
New York State Licensed Real Estate Salesperson
300 Vesey Street is a 15-Story LEED Gold Certified, Energy Star rated, mixed-use building located at Brookfield Place along the Hudson River. The property was built in 1996 and is one of the most unique buildings in Manhattan, boasting some of the most compelling views of the Hudson River, and column-free triple height floor plates. Some of the amenities in the Brookfield Place complex include 800 parking spaces, a plethora of fast-casual eateries, 8 signature restaurants, 300,000 square feet of luxury retail, and 250 bike parking spots. The area continues to change for the better. New construction and amenities have become a major deciding factor when companies are contemplating where to move their offices.
CME Group, one of the building’s largest tenants, has just put 3 of the most efficient, high-end floors on the market for sublease. The entire 3rd, 4th, and 5th floors are available immediately and measure 48,844, 13,717, and 13,395 rentable square feet respectively. They feature extremely high ceilings (48 feet on the 3rd floor), amazing light and views, and tremendous infrastructure. These can be subleased together or separately depending on the incoming subtenant’s preference. The floors are furnished (except for the 3rd floor) and built with mixtures of offices, conference rooms, and large open areas (see floor plans for the 3rd, 4th, and 5th floors). CME would consider whiteboxing the space and exposing the windows, however, this would directly influence the economics of the transaction. With a sublease term through December of 2028, a tenant can amortize its own modifications and upgrades over the 11 years. This is an amazing opportunity for a growing, tech, advertising, or media firm to stick its flag in the ground in downtown Manhattan.
Please click here for more information about this sublease. Feel free to try our free office space search here.
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