News: Brokerage

JLL leases 5,084 s/f to Lendbuzz at 107 Greenwich St.

Manhattan, NY Lendbuzz will open its first New York City office at 107 Greenwich St., the boutique office component of the new development at 76 Trinity Place, which is owned and operated by Trinity Church Wall Street.

The transaction continues recent leasing momentum at the property where the tenant roster now includes Revolut, one of the UK’s most dynamic fintech firms, engineering consultant SI Engineering, and investment advisor Atomic Invest.

Founded in 2015 and headquartered in Boston, Lendbuzz is an AI-powered auto finance platform which recently announced a $345 million fund raise to support product innovation, research and development, and technology aimed at continuing to best serve consumers and dealership partners. The company signed a five-year lease to occupy 5,084 s/f on the 22nd floor of 107 Greenwich St. and will open a fully built out and furnished space in Q2 2024.

Completed in 2022, the 26-story 76 Trinity Pl. was developed to support Trinity Church’s commitment to its local community. The first five floors, known as Trinity Commons, serve as a community resource with full- court gymnasium, teaching kitchen, art and rehearsal studios, private meeting rooms, a large hall for special events, and a dedicated space for NYC’s youth.

The office component totals 130,000 s/f and encompasses the 14th through the 26th floors. The building’s 18th floor serves as an amenity center for the office tenants, offering dining, conference rooms, break-out space, a fitness center, and an outdoor terrace with views of the Hudson River, World Trade Center and Trinity Church.

A JLL agency team led by executive managing director John Wheeler, managing director Andrew Coe and associate Margaux Kelleher, oversees leasing at 107 Greenwich on behalf of Trinity. Lendbuzz was represented by JLL managing director Jeff Szczapa, senior vice president Ed DiTolla and associate Finley Burger. The asking rent was $79 per s/f.

MORE FROM Brokerage

Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI

Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for