Savills today announced that it represented StubHub, the world’s leading live event marketplace, in a sublease totaling approximately 100,000 square feet at Silverstein Properties’ 4 World Trade Center.
Savills facilitated StubHub’s sublease, allowing StubHub to immediately take possession of one floor in the location. Additionally, Savills negotiated an agreement with the sublessor to enable StubHub to take over two more floors at a later date.
“This is a significant expansion as it supports StubHub’s growth within its global headquarters in New York City, within one of the premier buildings in Manhattan, not just Downtown,” said Scott Bogetti, a corporate managing director at Savills. “Structuring a deal that meets StubHub’s needs is a testament to the collaborative effort between all parties involved in this transaction.”
StubHub was represented by Bogetti, Kirill Azovtsev and Michael Bertini. Brad Wolk and Will Joumas, who are part of Savills Integrated Consulting Strategies group, were also part of the Savills team. The sublessor was represented by Sheena Gohil of Colliers.
StubHub’s initial preparation to expand its corporate headquarters to 4 World Trade Center represents a substantial and rapid expansion for the global ticket marketplace. In 2023, the company signed a 44,000-square-foot lease to establish its headquarters at 3 World Trade Center, also owned by Silverstein Properties but has already outgrown that space. This new sublease will support the current needs and future growth of StubHub.
About Savills Inc.
Savills is one of the largest integrated commercial real estate advisory firms in the world. With over 600 offices globally, we bring together people, services, and technology to help organizations and investors power people and drive growth. For 160 years, we have connected clients with the local market expertise they need. Savills is commercial real estate unlocked. Learn more at savills.us.
About StubHub
StubHub is the world’s leading marketplace to buy and sell tickets to any live event, anywhere. Through StubHub in North America and viagogo, StubHub’s international platform, StubHub services customers in 195 countries in 33 languages and 48 available currencies. With more than 100 million tickets available to events around the world annually — from sports to music, comedy to dance, festivals to theater — StubHub offers the safest, most convenient way to buy or sell tickets to the most memorable live experiences, with every order backed by our FanProtect guarantee and global customer service support.
