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PRESS RELEASE: One World Trade Center Launches Pre-Built and Build-to-Suit Leasing Program

NEW YORK CITY - Responding to market demand, The Durst Organization has announced a new leasing opportunity at One World Trade Center.

The program makes available a limited number of smaller spaces in the iconic 3.0-million-square-foot office tower.

Two floors — located on the 45th and 46th floors — are being set aside as part of the pre-built/build-to-suit program. Comprising a total of 94,000 square feet, the program can accommodate a maximum of 18 tenants.  

The two floors are designed and being subdivided into smaller increments ranging between 2,000 and 20,000 square feet each. A single user can lease as little as 2,000 square feet of space up to a total of 43,000 square feet.

The build-to-suit initiative offers customized construction and finishes to meet specific tenant configurations. Ownership will begin construction of the prebuilt spaces in early 2014.  The spaces will be available for occupancy January 1, 2015.

“There is demand, from across the globe, from large multinational companies to establish a presence at One World Trade Center,” said Eric Engelhardt, Vice President, Director of Leasing at One WTC for The Durst Organization. “These potential users need a New York flagship at a building with a globally recognized address that speaks to their international reach and prestige.”

While limited to smaller tenants, the pre-built program at One World Trade Center offers the full range of amenities that exist on all other floors, including extraordinary transportation connectivity, world-class retail and parks, and unparalleled views.

Cushman & Wakefield -- in conjunction with The Durst Organization -- is conducting the global marketing campaign in support of the building.  The Cushman & Wakefield team is led by executive vice chairman Tara Stacom.

“The pre-built program provides an opportunity for a smaller tenant to immediately occupy space in a prominent building,” Stacom said. “We will also build space tailored to a tenant’s specific needs.”

One World Trade Center — which at 1,776 feet in height is the Western Hemisphere’s tallest building — is scheduled to open in 2015.

The building — which heralds the renaissance of Downtown Manhattan — is more than 55-percent leased with world-class tenants including Condé Nast, which has leased nearly 1.2 million square feet to house its global headquarters. As anchor tenant, Condé Nast is expected to take possession of their space in January 2014. Other tenants in the building include Vantone China Center, the U.S. General Services Administration and Legends Hospitality Group.

Designed to achieve LEED CS Gold Certification, One World Trade Center is poised to become the most environmentally sustainable project of its size in the world.

One World Trade Center is being developed as a joint venture of The Port Authority of New York and New Jersey and The Durst Organization.

The Durst Organization, founded in 1915 by Joseph Durst, is the owner, manager and builder of 13 million square feet of premiere Manhattan office towers. The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential property.

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