Servcorp secures New York One World Trade Center office space

Serviced office space provider Servcorp has signed onto a floor of the landmark One World Trade Centre, which is currently under construction in Manhattan.

Servcorp took a 15-year lease on the 85th floor, its fourth Manhattan site. 

Servcorp's three Manhattan locations are in 17 State Street, 1330 Sixth Avenue, and 375 Park Avenue.

The Australian company, which operates serviced and virtual office space across 136 floors in 52 cities in 21 countries, last week reported a rise in net profit for the year.

The group expects to increase net profit by 15% in 2015.

Globally the floors are 79% occupied, just below the 85% figure they view as optimal.

"We’re 90% occupied in the US,” Servcorp chief operating officer ­Marcus Moufarrige told Fairfax Media.

The 3,230 square metre floor in One World Trade Centre would be the only serviced offices available within the building to be anchored by publisher Condé Nast.

It is reportedly expected to spend $1.8 million fitting out the 85th floor.

The new tenant brings One World Trade Center to almost 57.5% leased, ahead of its expected opening in late 2015.

The building, set to be the tallest in the Western hemisphere, is being developed as a joint venture between The Port Authority of New York and New Jersey and the Durst Organisation.

They were recently forced to cut rents in the middle floors to $69 per square foot.

The upper floors have $75 to $100 per square foot asking prices.

The Wall Street Journal reported when the middle-floor rents were cut in May that the $3.9 billion project "has little hope of proving to be a good financial investment in the short-term".