NEW YORK CITY—A Jersey City-based financial services firm ismoving across the Hudson River to Lower Manhattan. The publiclytraded KCG Holdings has signed a 15-year lease for169,000 square feet at 300 Vesey St., where askingrent in the deal was $70 per square foot, according to theCommercial Observer. Formerly One North End Ave., the15-story building is owned by Brookfield OfficeProperties and is part of the Brookfield Placecomplex.

The lease puts Brookfield Place in a great position,Jerry Larkin, Brookfield PropertyPartners EVP and director of leasing, US office division,tells GlobeSt.com. “The deal further solidifies Brookfield Place asthe premier office location in the tri-state area and bringsoverall occupancy close to 100% with only two of the best blocks ofspace in Manhattan available within Brookfield Place.”

In the move, KCG will occupy part of the 12th floor and theentire 13th through 15th floors of the 15-story building by the endof 2016. KCG has about 260,000 square feet of space at 545Washington Blvd.—which is part of the LeFrakOrganization's Newportmixed-use complex—on the Jersey Citywaterfront. The new space at 300 Vesey, which is a few blocks westof the World Trade Center, can accommodate more than 700 employees,a KCG spokeswoman tells the Observer.

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.