NEW YORK CITY — The Durst Organization has signed xAd Inc., a location-focused mobile advertising company, to a 10-year lease at One World Trade Center in Lower Manhattan. The company will occupy the entire 60th floor — 43,849 square feet — at the 3 million-square-foot office tower. xAd will relocate to the new space from 401 Park Avenue South in summer 2015. One World Trade Center is at 72 percent of projected stabilized net operating income, totaling 1.9 million square feet in the building. Jon Mayeske and Jamie Katcher of Cushman & Wakefield represented the tenant in the transaction. The ownership was represented by Eric Engelhardt of The Durst Organization; Cushman & Wakefield’s Tara Stacom, Alan Stein, James Searl and Justin Royce; and Jodi Pulice of JRT Realty.
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