Zachary Freeman, Equity Office
New York, NY Equity Office has named commercial real estate services firm CBRE Group, Inc. the new agency of record representing 44 Wall St., the company’s newly acquired office building in Downtown Manhattan.
Built in 1927, 44 Wall St. is a 24-story office tower located between William and Nassau Sts. Acquired in June 2016 from Norwegian investment firm Obligo, Equity Office plans to modernize the building including remodeling the lobby and constructing multiple pre-built floors. Milo Kleinberg Design Associates, Inc. (MKDA) and principal Dan Shannon of MdeAS Architects have been hired to execute.
“Located in the heart of the financial district, 44 Wall St. is a prime asset,” said Zachary Freeman, vice president of leasing at Equity Office. “The office tower is uniquely positioned to accommodate both traditional tenants in law and finance as well as clients in the growing tech and media sectors. We’re confident that partnering with CBRE Group will help us achieve our vision of modernizing 44 Wall St., while simultaneously keeping its historical charm.”
The CBRE/44 Wall St. team includes vice chairman Howard Fiddle, executive vice president Adam Foster, senior vice president Michael Rizzo, senior associate Zachary Price and senior financial analyst Caroline Merck.
“Our team is fully committed to bringing our expertise in asset enhancement to 44 Wall St.,” said Foster. “We are excited to partner with Equity Office to reimagine the physical space and attract both emerging and established reputable companies.”
CBRE has been the leader in commercial real estate in New York City for more than a quarter century. The company serves the diverse needs of property owners, corporate users and institutions—helping them to achieve their objectives in expansion, consolidation, acquisition, disposition or asset enhancement. CBRE’s comprehensive services and delivery platform has set the benchmark for the industry.