August 5, 2019
EQ Office finalized an agreement with the Cities for Financial Empowerment (CFE) Fund, which will expand its total footprint at 44 Wall St. to 5,635 square feet. Under the 10-year expansion and extension, CFE Fund will remain at the boutique downtown tower through 2030.
“We have completed dozens of nonprofit deals, but working with the team at 44 Wall was particularly gratifying as we were able to extend the lease of a significant and important organization in one of the most desirable buildings in Lower Manhattan,” said Darell Handler, EVP with Handler Real Estate Organization, who represented CFE Fund.
Ownership was represented in-house by Scott Silverstein, and by a CBRE team of Zachary Price, Michael Rizzo, Jeffrey Fischer, and Caroline Merck. EQ Office recently completed a repositioning program to transform the historic 350,000-square-foot building, which it acquired in 2016.
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