NEW YORK CITY—The latest to sign a major lease deal at Brookfield Property Partners’ One Manhattan West office tower currently under construction is management consulting firm Accenture, which is leasing 250,000-square feet at the 2.1-million-square-foot building.
Accenture will be taking the top eight floors of the 67-story tower building being built within Brookfield’s new eight-acre neighborhood being developed in the Hudson Yards district on the West Side of Manhattan. The firm intends to bring 3,000 employees to its “Innovation Hub” at One Manhattan West in 2020.
The company plans to consolidate its New York City office space, including primary locations at 1345 Avenue of the Americas and 155 6th Ave. in SoHo.
CBRE’s Ken Rapp, Anthony Dattoma and Michael Dash represented Accenture in the transaction. Brookfield was represented by Bruce Mosler, Josh Kuriloff, Rob Lowe, Ethan Silverstein and Matthias Li of Cushman & Wakefield and in-house by Jeremiah Larkin, Duncan McCuaig and Alex Liscio.
The Accenture deal follows a string of major lease transactions at the property including Skadden, Arps, Slate, Meagher, Flom LLP, the headquarters for the National Hockey League and earlier this month with trial firm McKool Smith.
David Cheikin, EVP, Brookfield Property Partners New York office division says, that Accenture is joining a growing roster of tenants that will help make the office tower “one of New York City’s most exciting and sought-after destinations.”
A number of major companies are also reportedly in talks with Brookfield about possibly leasing space at the property including Amazon and Ernst & Young, according to the Wall Street Journal and Google and Scripps in a report in the New York Post.
“Our clients, who are leaders in virtually every industry, are under tremendous pressure to innovate continuously and harness the power of disruption for competitive advantage,” says Kathleen O’Reilly, senior managing director—US Northeast for Accenture. “We are bringing innovation to the doorsteps of our clients, creating a new destination where we can work side-by-side with them to reimagine their futures and solve their biggest challenges.”
The new space will provide what the company says will be “a flexible, configurable environment that enables Accenture’s people and clients to work and collaborate in new ways, and will accommodate further growth as its business expands.”
The publicly-traded company will build 10 new Innovation Hubs in key cities by 2020, invest $1.4 billion in training and create 15,000 highly skilled new jobs. In addition to New York City, Accenture’s other Innovation Hubs in the U.S. are located in Chicago, Houston, San Jose, CA and Washington, DC. Accenture has more than 50,000 employees and operations in 42 cities in the United States and serves 93 of the Fortune 100 and more than 70% of the Fortune 500.