Roger Silverstein of Silverstein Props. and team lease 129,000 s/f

According to mayor Michael Bloomberg and Silverstein Properties president & CEO Larry Silverstein, WestLB, a leading German financial institution, has signed a 15-year lease for 129,000 s/f of office space on the top three floors of 7 World Trade Center (WTC). WestLB will move its N.Y. headquarters from its current Midtown location at 1211 Avenue of the Americas to floors 50 through 52 of 7 World Trade Center. A portion of the space will be dedicated to a trading area. "We are thrilled to welcome WestLB to the stellar roster of world-class companies at 7 World Trade Center," said Silverstein. "Their decision to relocate to downtown is yet another demonstration of confidence in this area's future as a dynamic, 21st Century live-work neighborhood." The WestLB lease brings 7 World Trade Center to 83% occupancy, over 1.42 million s/f leased. WestLB was represented by Mark Weiss, executive VP; Scott Klau, executive VP and Robert Eisenberg, senior managing director of Newmark Knight Frank (NKF). Roger Silverstein, senior VP of Silverstein Properties, together with Mary Ann Tighe, CEO of the CBRE N.Y. Tri-State Region; Stephen Siegel, chairman, Global Brokerage; Howard Fiddle, vice chairman; Brad Gerla, executive VP; Adam Foster, senior VP; Jason Pollen, senior VP; Simon Wasserberger, senior VP and Christie Harle, senior financial analyst of CBRE handled the negotiation of the lease agreement on behalf of Silverstein Properties, owner of the property.