Marketplace: Investment Technology Group
March 14, 2012
By: Monica Paquette

Investment Technology Group (ITG) has leased about 132,000 square feet at Brookfield Office Properties' One Liberty Plaza, or 165 Broadway, between Liberty and Cortlandt streets. ITG will be moving its headquarters from 380 Madison Ave., where it has more than 101,000 square feet. ...

... Some of the provisions in the lease include 12 rent-free months for the first year and a renewal option. The lease will reportedly begin on May 1, 2012. The rate for class-A office space in lower Manhattan is about $47 per square foot, according to Studley Inc.'s March report. ...

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