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Global NP Acumen Fund Extends 12K-SF Lease at 40 Worth Street
Acumen Fund, a non-profit focused on impact investment to combat global poverty, has extended its 11,743 square feet of office condominium space lease in TriBeCa for another 11 years. Acumen first moved into the building in 2016.
Located at 40 Worth Street, the 800,000-square-foot office space known as the Merchants Square Building was constructed in 1929. Non-profit organizations, including the Legal Aid Society and the Innocence Project, also occupy the building.
Nick Farmakis and John A. Mambrino of Savills represented the tenant, Acumen Fund, Inc. in the transaction; Jeffrey Gural and Roy Lapidus of GFP Real Estate represented the commercial condominium owner/landlord, 40 Worth Street Associates, LLC;
“We are thrilled that Acumen will maintain its presence at 40 Worth while continuing its mission of investing in new technologies and startups that target communities in need,” said Gural.
- ◦Lease
