New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Downtown’s Trinity Centre Lands 63K SF in New Leases
Advertising agency Johannes Leonardo and full-service commercial bank Signature Bank inked new leases at Capital Properties’ Trinity Centre at 111-115 Broadway, totaling just over 63,000 square feet.
Capital Properties closed on a lease with Johannes Leonardo for the 52,409-square-foot triplex space at 115 Broadway, along with an expansion to 10,600 square feet by Signature Bank at 111 Broadway. The bank previously occupied 1,800 square feet at the property.
The CBRE team of Adam Foster, Brad Gerla, Adam Leshowitz and Mike Rizzo represented Capital Properties. Johannes Leonardo was advised by Olmstead Properties’ Daniel Breiman, while Howard Kaplowitz, Andy Roos and Michael Cohen of Colliers International negotiated for Signature Bank.
“These new leases are a testament to ownership’s meticulous repositioning of 111-115 Broadway to achieve best-in-class status,” said Foster. Both properties just completed a $40-million renovation, “including new windows, a completely restored façade and the installation of a dramatic exterior LED lighting scheme.”
- ◦Lease
