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WeWork Leases 258,344 SF at 21 Penn Plaza

In addition to signing a 70,000 square-foot lease in the Plaza District, this week the collaborative workspace provider rented expansive space from TH Real Estate on the Far West Side.

21 Penn Plaza WeWork leases office space at 21 Penn Plaza.

NEW YORK CITY—TH Real Estate, an affiliate of Nuveen, the investment management arm of TIAA, has leased 10 floors, 258,344 square feet at 368 Ninth Ave. to WeWork. The co-working space company will use the third through sixth, ninth, 11th through 12th, and 15th through 17th floors, creating private office spaces, workstations, conference and meeting rooms, event spaces and other facilities.

Located at the southeast corner of Ninth Avenue and W. 31st St., the 17-story office building is close to Hudson Yards and Penn Station. The renting of this space was announced on the same day that WeWork informed the media about its 70,000 square-foot lease at 880 Third Ave. at the Jack Resnick & Sons’ Plaza District office tower.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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