{"id":37017,"date":"2023-10-12T09:50:55","date_gmt":"2023-10-12T06:50:55","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=37017"},"modified":"2026-07-15T18:09:00","modified_gmt":"2026-07-15T15:09:00","slug":"regus-stays-put-at-14-wall-st","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/regus-stays-put-at-14-wall-st\/","title":{"rendered":"Regus Stays Put at 14 Wall St. for Another Decade"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row][vc_column][vc_column_text css=&#8221;&#8221;]After two decades at 14 Wall St., coworking operator\u00a0Regus\u00a0decided to ink a new long-term deal in the IBE Trade-owned building. The company is set to occupy roughly 37,000 square feet of office space across the entire 20th floor of the property. The <a href=\"https:\/\/commercialobserver.com\/2023\/10\/regus-renewal-14-wall-street\/\" target=\"_blank\" rel=\"nofollow noopener\">asking rent was $50 per square foot<\/a>, and the lease agreement will be extended for 10 more years.<\/p>\n<p>Colliers\u2019\u00a0John Pavone\u00a0and\u00a0Michael Cohen\u00a0brokered the deal on behalf of Regus.<\/p>\n<p>\u201cWe at Colliers are grateful to have Regus\u2019 parent \u2014 IWG, the only international, publicly traded and profitable office suites company \u2014 as our client,\u201d Cohen said. \u201cTheir 20-plus year history at 14 Wall Street is an example of their successful and enduring business strategy.\u201d<\/p>\n<p>\u201cGiven the property\u2019s historical significance, as well as ownership\u2019s commitment to tenant service and providing the highest-quality space in the Financial District, 14 Wall Street is one of the neighborhood\u2019s most sought-after business addresses,\u201d said CBRE\u2019s\u00a0Bradley Gerla, who represented the owner during negotiations, along with\u00a0Jonathan Cope,\u00a0Mike Rizzo\u00a0and\u00a0Masha Dudelzak. \u201cRegus has been a long-term tenant in the property and, while the firm had a number of other office space options, 14 Wall Street proved the ideal fit for the high-quality services they provide to their clients.\u201d<\/p>\n<p>Located within the Financial District building between Broadway and Nassau Street, 14 Wall St. is a 37-story high-rise totaling 1.1 million square feet of prime Manhattan office space. Constructed in 1910 for Bankers Trust Co., it was acquired by IBE Trade in 2012 for $294 million.<\/p>\n<p>The property\u2019s current tenant roster includes the likes of nonprofit\u00a0Oliver Scholars, insurance company\u00a0Aflac,\u00a0and\u00a0Superstructures Engineers + Architects.[\/vc_column_text][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text css=&#8221;&#8221;]After two decades at 14 Wall St., coworking operator\u00a0Regus\u00a0decided to ink a new long-term deal in the IBE Trade-owned building. The company is set to occupy roughly 37,000 square feet of office space across the entire 20th floor of the property. The asking rent was $50 per square foot, and the lease agreement will&hellip;<\/p>\n","protected":false},"author":56,"featured_media":37019,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,2256,38,4014,39],"tags":[],"class_list":["post-37017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-coworking","category-deals","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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