CBRE Expands New York City Location
CBRE will expand its MetLife Building location by adding almost 45,000 square feet on the 18th floor. This expansion will bring the company’s footprint in the space to over 215,000 square feet.
The new lease will last six years and allow the company to consolidate its advisory services to a single location.
Additionally, it is leaving its 140 Broadway location to take up space at its coworking brand’s 3 World Trade Center location. However, it is not clear how much space CBRE will take up at the Hana location
“The Hana space will give our people a first-class office to work from when they are Downtown for meetings and client engagement, delivering an environment, services, amenities and location that will be hard to match,” said Matt Van Buren, CBRE Northeast Division Advisory Services President.
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Overall, the office leasing market in New York City has looked grim over the past few months, but there have been glimmers of hope with major companies like Facebook taking up space.
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