Silver Suites To Take Space at 4 WTC

By Danielle Schlanger | Commercial Observer

Silver Suites, the shared office space company operated by Silverstein Properties, will take 45,000 square feet at 4 World Trade Center, according to The Real Deal.

When signed, the lease for the 29th floor of the 72-story 4 WTC will add to Silver Suites’ presence at the Trade Center site; the company already has the 46th floor at 7 World Trade Center, which TRD noted is currently 100 percent leased.

The 10-year lease is expected to be signed this week, according to Dara McQuillan, a spokesman for Silverstein Properties. Asking rents in the building range from the mid-$70s to the high-$80s per square foot.

There are no brokers involved; the transaction is being done in-house by Silverstein Properties’ Jeremy Moss, the head of leasing for the World Trade Center.

Today, 4 WTC is over 60 percent leased. It opened in November 2013 and was the first building on the 16-acre World Trade Center site to open. Tenants in the building include MediaMath, Morningstar, IEX and the Port Authority of New York & New Jersey.