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BRE Group, Inc. is establishing a Global Financial Headquarters at Lever House in Midtown Manhattan, marking an expansion of its financial presence in New York. The move reflects CBRE's growing investment management business and increasing involvement with public and private capital markets through mergers-and-acquisitions activity and coinvestments.
The company will lease 64,350 sq ft of contiguous space on six floors at Lever House, with four floors dedicated to CBRE Investment Management's headquarters operations and corporate functions. The remaining two floors will feature an Industrious flex workspace for senior executives.
CBRE has partnered with Industrious to deliver the Global Financial Headquarters under a managed fixed-flex lease model. This unique arrangement allows CBRE to grow its occupancy over time, share amenities and programming with the adjacent Industrious workspace, and benefit from profits generated by the Industrious space.
"Lever House is an ideal location for our new headquarters," said Bob Sulentic, CBRE's chair and CEO. "The building's iconic status and convenient Midtown location will help us attract top talent."
Jamie Hodari, Industrious' CEO and co-founder, added: "We're excited to partner with CBRE on this project and deliver a space their people will love every day." Lever House was designated as New York City's first modernist landmark in 1982 and underwent a $100 million redevelopment in 2023.
CBRE expects to occupy the Lever House space in Q4 2025. Its global corporate headquarters remains at 2121 North Pearl Street in Dallas, while its New York Tri-State Advisory Services business will continue to operate from 200 Park Avenue.
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CBRE Sets Up Global HQ at Iconic Lever House in NYC's Midtown
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