{"id":45501,"date":"2025-10-24T07:58:08","date_gmt":"2025-10-24T04:58:08","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=45501"},"modified":"2025-10-22T10:10:54","modified_gmt":"2025-10-22T07:10:54","slug":"law-firm-lewis-brisbois-secures-financial-district-office","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/law-firm-lewis-brisbois-secures-financial-district-office\/","title":{"rendered":"Law Firm Lewis Brisbois Secures Financial District Office"},"content":{"rendered":"<p>In a significant move for the Financial District, Union Investment\u2019s 140 Broadway has landed another major tenant with law firm Lewis Brisbois Bisgaard &amp; Smith signing a deal for 70,000 square feet of <a href=\"https:\/\/www.commercialcafe.com\/office\/us\/ny\/manhattan\/\" target=\"_blank\" rel=\"noopener\">office space in Manhattan<\/a>. This transaction was the second largest lease signed in Lower Manhattan during the third quarter.<\/p>\n<p>Specific details regarding the length of the lease, the asking price and the brokers involved were not disclosed. However, a comparable lease signed earlier this year by the PR firm Zeno Group at the same property had an asking rent of $70 per square foot.<\/p>\n<p>Other notable tenants at the property include sustainable development consultancy Arup; law firm Hawkins Delafield &amp; Wood; and data information provider Statista.<\/p>\n<p>Lewis Brisbois\u2019 new lease at 140 Broadway represents a significant expansion that will accommodate more than 200 lawyers in the new space with a move-in date scheduled sometime in 2026.<\/p>\n<p>This move marks the final step in a relocation path that began after the law firm departed its long-term base at 77 Water St. following the announcement that the tower would be converted to residential housing. Lewis Brisbois is currently operating out of a temporary location at 7 World Trade Center.<\/p>\n<p>The law firm is now the <a href=\"https:\/\/therealdeal.com\/new-york\/2025\/10\/13\/union-investment-signs-law-firm-to-70k-sf-in-fidi\/\" target=\"_blank\" rel=\"noopener\">second company to have secured a new home<\/a> at 140 Broadway after leaving 77 Water St. It follows Arup, which signed a deal for nearly 100,000 square feet at 140 Broadway just a few months prior.<\/p>\n<p>Completed in 1968 and designed by the architectural firm Skidmore Owings and Merrill,140 Broadway recently underwent a substantial renovation. The updates included a refreshed lobby and the introduction of a new, Gensler-designed amenity space known as the 140 Lounge. This lounge spans 10,000 square feet and provides tenants with features like a coffee and pastry bar; a conference room; billiards tables; and comfortable seating areas.<\/p>\n<p>Union Investment is a German asset manager with a significant global footprint. As of June 2025, the firm managed approximately $592.44 billion in total assets. Of this total, $73.1 billion is specifically dedicated to \u201creal estate, infrastructure and alternative investments,\u201d which also includes commodities, according to information on the company\u2019s website.<\/p>\n<p>To support its global real estate operations \u2014 which include sourcing real estate, coordinating with operating departments, managing acquisitions and overseeing budgets \u2014 Union Investment maintains dedicated offices in several key international cities, including Hamburg, Paris, Madrid, New York and Singapore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a significant move for the Financial District, Union Investment\u2019s 140 Broadway has landed another major tenant with law firm Lewis Brisbois Bisgaard &#038; Smith signing a deal for 70,000 square feet of office space in Manhattan. This transaction was the second largest lease signed in Lower Manhattan during the third quarter.<\/p>\n","protected":false},"author":56,"featured_media":45502,"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":[37,38,4014,39],"tags":[],"class_list":["post-45501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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