Bounce Exchange, known as BounceX, will relocate its headquarters from its current location at 620 8th Avenue to One World Trade Center. The marketing technology firm signed an 11-year lease for 79,118 square feet of Financial District office space.
Currently the tallest building in the Western Hemisphere, the 3.1-million-square-foot, LEED Gold-certified One World Trade Center is owned by the Durst Organization together with The Port Authority of New York and New Jersey. BounceX will be taking over the 74th and 75th floors of the building, more than double its current 31,000-square-foot space at The New York Times Building.
According to the New York Post, the asking rent for the space was $69 per square foot. Other tenants in the building include Condé Nast, Global Risk Advisors and digital advertisement firm Undertone. Following the BounceX deal, the 1WTC tower is now 81 percent leased.
CBRE’s David Hollander and Scott Bogetti represented BounceX in the deal. A Cushman & Wakefield team consisting of Tara Stacom, Justin Royce, Peter Trivelas, Barry Zeller and Connor Daugstrup, together with Eric Engelhardt of the Durst Organization, represented the landlords.
“We are pleased that technology company BounceX found the World Trade Center campus to be an appealing, inspiring location for its workforce. They will soon join the nearly 40,000 workers who already call the campus home. We remain committed to continue energizing the entire World Trade Center community in the days and months ahead to further enhance its appeal to workers, visitors and local residents,” said Rick Cotton, Executive Director for the Port Authority.