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CBRE Completes Quartet of Leases at 55 Broadway

CBRE recently completed four offices leases at 55 Broadway totaling 40,944 square feet, including two new leases, an expansion, and a renewal. The CBRE team led by Brad Gerla along with Jonathan Cope, Caroline Merck and Craig Motola represented the ownership of 55 Broadway, Harbor Group International. 

The transactions include an 18,294-square-foot new lease for the Consulate General of Morocco; a 10,986-square-foot new commitment by Assurant, a global provider of risk management products and services; a 7,071-square-foot renewal by law firm Hannum Feretic Prendergast + Merlino; and a 4,493-square-foot expansion by fund manager Clear Street. 

“We are thrilled to announce the most recent deals at 55 Broadway, a unique, Class A office tower in Downtown Manhattan,” said Gerla. “While we faced a number of challenges due to the global pandemic, our entire CBRE team was able to work closely with the ownership and the brokerage community to complete these transactions.”


Inside The Story

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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 13-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 15-20 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 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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