Silverstein Properties announced today that MSCI Inc., a
leading provider of investment decision support tools to over 5,000 clients
worldwide, has signed a 20-year lease at 7 World Trade Center. The firm will
occupy approximately 125,000 square feet on floors 47 through 49 of the
52-story tower. With this lease, 7 World
Trade Center has achieved full occupancy.
MSCI will move its world headquarters from its current
location at One Chase Plaza,
and consolidate all NYC employees to 7 World Trade Center, with occupancy in mid-2012.
"The choice of 7 World Trade Center is a milestone event for
MSCI," said Henry Fernandez, Chairman and CEO of MSCI Inc. "MSCI is excited to consolidate its New York employees into
this high quality and environmentally innovative office space.
This building and its location in a
revitalized downtown New York
represents the type of workplace we believe is ideally suited for our
employees, and reflects the environmental values and principles we espouse in
our ESG business."
"I am thrilled to welcome MSCI to the stellar roster of
top-tier companies at 7 World Trade Center," said Larry A. Silverstein,
President & CEO of Silverstein Properties, Inc. "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 E. Greenspan and Michael A. Burgio, both
Executive Vice Presidents of Cushman & Wakefield, represented
MSCI. Roger A. Silverstein, Executive
Vice President of Silverstein Properties, Jeremy I. Moss, Senior Vice President
of Silverstein Properties together with Stephen B. Siegel, Chairman, Global
Brokerage and Peter Turchin, Executive Vice President of CB Richard Ellis handled
the lease negotiations.
This lease incorporates innovative language crafted by
industry leaders working with the Mayor's Office of Long-Term Planning and
Sustainability to promote enhanced energy efficiency and sustainability.
"We are proud to have partnered with MSCI, a leading provider of environmental,
social and governance (ESG) tools to institutional investors worldwide, on this
energy-aligned lease. It is only
fitting, given that 7 World Trade Center was designed and built to be a leader
in the field of energy conservation," said Roger Silverstein, Executive Vice
President of Silverstein Properties, Inc.
"We are always looking for ways to make our buildings more energy
efficient, and our tenants have become our partners in this important
endeavor."
7 World Trade Center, which contains 42 office floors above
a ten-story base, is New York City's first high-rise office building to be
certified by the U.S. Green Building Council's Leadership in Energy &
Environmental Design (LEED) rating system - achieving the gold standard in
March 2006. The building's environmental design features include
state-of-the-art ultra-clear exterior glass technology, high-efficiency air
filtration, energy and water conservation technologies and 15,000 square feet
of open park space to provide a pleasing urban environment for tenants,
neighbors and building visitors.