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Rating:AEFA Close to WTC Move Not Rated 5.0 Email Routing List Email & Route  Print Print
Tuesday, July 26, 2005

AEFA Close to WTC Move

by: Theresa Sim

American Express Financial Advisors, soon to be known as Ameriprise Financial, is close to signing a deal to become the first tenant of 7 World Trade Center, according to an unnamed source, reports Reuters.

AEFA is looking at a 20,000 square foot space at 7 World Trade, the first WTC building to be reconstructed. The original building was adjacent to the Twin Towers.

While the asking price of the building is $50 per square foot, AEFA will likely pay approximately $35 per square foot after incentives.  

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