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Old Mission Quadruples Space in 120 Broadway Expansion

ETF market-maker Old Mission renewed and expanded its lease at Silverstein Properties’ 120 Broadway in Downtown Manhattan. Old Mission will nearly quadruple its space in a relocation from the ninth floor to 11,173 square feet on the 11th floor beginning in April 2021.
 
Harlan Strader III, leasing associate at Silverstein Properties, said, “120 Broadway’s direct proximity to The Fulton Center and the Oculus, open-space amenities and personally designed office space will grant Old Mission the opportunity to grow safely and effectively in a Class A building.”
 
When Old Mission considered relocation alternatives, “nothing was comparable to 120 Broadway’s location in downtown Manhattan and their tenant amenities,” said Patrick Nichols of Old Mission. “We are excited to continue calling 120 Broadway home for the next 10 years.”
 
Strader led negotiations on behalf of Silverstein Properties. Old Mission was represented by Nichols and Benchmark Properties’ Michael Beyda.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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