125 KSF Lease by MSCI Brings 7 WTC to Full Occupancy

Slightly more than a week after the tenth anniversary of 9/11, the World Trade Center site has achieved another milestone: The first completed tower, 7 WTC, has reached full occupancy with the signing of MSCI Inc. to a 125,000-square-foot lease.

September 20, 2011
By Nicholas Ziegler, News Editor

Courtesy Flickr Creative Commons user Randy Le'Moine Photography

Slightly more than a week after the tenth anniversary of 9/11, the World Trade Center site has achieved another milestone: The first completed tower, 7 WTC, has achieved full occupancy with the signing of MSCI Inc. to a 125,000-square-foot lease on floors 47 through 49 of the 52-story tower.

As Commercial Property Executive previously reported, the tower was more than 90 percent leased as of the end of July. MCSI plans to move from its current headquarters at One Chase Manhattan Plaza, relocating all of its employees to the WTC, as of mid-2012.

“The choice of 7 World Trade Center is a milestone event for MSCI,” Henry Fernandez, chairman & CEO of MSCI, said. “This building and its location in a revitalized downtown New York represents the type of workplace we believe is ideally suited for our employees.” The company provides investment-support tools and information and will likely benefit from the new placement.

“I am thrilled to welcome MSCI to the stellar roster of top-tier companies at 7 World Trade Center,” Larry Silverstein, president & CEO of Silverstein Properties, Inc., said. “The success of 7 World Trade Center is proof that in New York City, first-class office buildings always fill up. It also reaffirms our belief that our other buildings at the new World Trade Center will be just as successful.”

Gary Greenspan and Michael Burgio, both executive vice presidents of Cushman & Wakefield, represented MSCI.  Roger Silverstein, executive vice president of Silverstein Properties, Jeremy I. Moss, senior vice president of Silverstein Properties together with Stephen Siegel, chairman of global brokerage and Peter Turchin, executive vice president of CB Richard Ellis, handled the lease negotiations.