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.

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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.”

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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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JLL's Derek Trulson andMichael Shenot advised both the landlord and thetenant in the deal. CME Group, which ownsNYMEX, sold 300 Vesey St. to Brookfield for $200 million in November2013. NYMEX is the only other tenant in the building. JLL did notrespond to GlobeSt.com's request for comment by press time.

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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.