With the Shake Shack lease and other recent activity, the 372,000-square-foot building will be 100 percent leased. Along with the new lease, building ownership announced a major upgrade to the building lobby designed by A+I architects including a recapture of 1,500 square feet of retail space, to create a more gracious and modern lobby, appealing to a new generation of tenants.

Tommy Craig, head of Hines’ Tri-State office commented, “Shake Shack joins the growing roster of global creative brands that have made Hudson Square home. The space at 225 Varick will give them an opportunity to create a productive new home office space in an established neighborhood for creative companies on the cutting edge of the new economy. Their ground-floor restaurant will also be a terrific addition to the joint venture’s campus of office buildings along with Trinity’s other properties and the neighborhood. 225 Varick is a great example of how we are continuing to help Trinity advance its vision and commitment to transforming the neighborhood and this special collection of buildings to attract the very best tenants.”

225 Varick is one of 12 assets in the Trinity Hudson Holdings joint venture. The buildings built in the early 1900s to house printing presses, were redeveloped by Trinity into a hub for creative industries and businesses drawn to the large floor plates, flexibility of the lease space and energy of the neighborhood. As a prominent property owner for more than 300 years and the largest and most-active owner in Hudson Square, Trinity has played a vital role in shaping lower Manhattan.

David Godbout, CEO of Trinity Hudson Holdings and head of real estate for Trinity, added, “Trinity’s ongoing stewardship of and reinvestment in its Trinity Hudson Holdings portfolio is creating a vibrant neighborhood that fosters the innovation and creativity that are keys to the new economy and today’s urban lifestyle. We are committed to seeing through our vision of a dynamic 24/7 community in Hudson Square that will help fuel the continued growth of New York City and continue to support the important work of Trinity Church and its global ministries.”

Upgraded and expanded bike room at 345 Hudson Street