The New York Observer reported yesterday that the Port Authority has reached a tentative agreement with China’s Beijing Vantone Real Estate Company for 190,000 square feet of space in the LEED Gold hopeful Freedom Tower across its 64th and 69 floors. The firm will pay approximately $80 per square foot for a 22-year lease and create a “China Center” designed to be a cultural and educational portal for Chinese firms looking to do business in the U.S. and American firms interested in similar efforts in China. The news is of particular interest from a green leasing perspective given that Vantone came close two years ago to leasing the very top of Larry Silverstein’s LEED Gold 7 World Trade Center.
June 4th, 2008 | Stephen Del Percio | 2 comments | Continued