Cushman & Wakefield will retain its leasing role at 180 Maiden Lane — a 41-story, class-A office building in Lower Manhattan — under the property’s new owners.
The tower was recently acquired by a joint venture between Clarion Partners and MHP Real Estate Services. MHP Real Estate Services is responsible for property and project management, while leasing is being overseen by both MHP Real Estate Services and Cushman & Wakefield.
With up to 800,000 square feet of available space of its total 1.2 million square feet, 180 Maiden Lane is located steps from the brand new East River Esplanade and South Street Seaport. The building is situated near major subway lines, as well as the new Fulton Street Transit Center.
180 Maiden Lane features floor plates of approximately 30,000 square feet and offers superb river views from every floor. The center core design floor plate has minimal columns, which provides for highly efficient workplace layouts.
“One of Downtown’s few buildings with an all-glass facade, 180 Maiden Lane holds valuable advantages over most Downtown office buildings,” said Tara Stacom, Executive Vice Chairman at Cushman & Wakefield. “It stands out as a modern and highly efficient structure, while the majority of its Downtown neighbors run more than 95 years old. New tenants can take advantage of a robust power and cooling infrastructure installed by a leading global investment bank for its operations.”
In addition to Ms. Stacom, the Cushman & Wakefield broker team consists of Robert Lowe, Frank Cento and Justin Royce. The MHP Real Estate Services leasing team incudes Jesse Rubens, Rick Doolittle and James Tamborlane.
“180 Maiden Lane, which already boasts a compelling suite of tenant-only amenities, is poised to undergo a capital improvement initiative that will further enhance its appeal,” Mr. Lowe said.
The property features a stunning glass façade, as well as headquarters amenities including a full-service cafeteria, auditorium, fitness center, conference center, an indoor plaza with green space, and an executive floor with double-height ceiling and private dining rooms.
The MHP project management division has just embarked upon a $28 million capital improvement and renovation program that will upgrade the building’s expansive lobby, as well as the atrium, elevator cabs and building systems. Built in 1984 and designed by Swanke Hayden Connell Architects, the property’s notable tenants include the law firm Stroock & Stroock & Lavan LLP, which occupies more than 220,000 square feet.
Ms. Stacom emphasized the building’s appeal to the TAMI sector (technology, advertising, media and information). Attracted by a robust transit network, easy broadband access, abundant WiFi and flexible work spaces, the district south of Chambers Street is now home to more than 800 TAMI companies.
The area attracts a wide and readily accessible pool of talent, and features an abundance of workforce-friendly amenities, including restaurants, shopping, coffee shops, parks, and places to walk and relax.