Publicis Groupe has inked two leases totalling just under a million square feet at 375 Hudson Street:
- The details: The French multinational media giant agreed to a 20-year renewal on a 680,000 SF lease that wasn’t scheduled to expire until 2023. It also signed a 280,000 SF expansion that will begin in August.
- Building ownership: Trinity Church has owned the land since 1705; Hines is the operating partner Hines, and Norway’s Norges Bank is also involved.
- Worth Noting: Hines plans to spend about $150 million on upgrades at 375 Hudson to accommodate Publicis’ expansion.