Webull Takes Full 41st Floor at 140 Broadway in 10-Year Lease, Expanding 81%

Webull has leased 41,781 square feet at 140 Broadway in Manhattan's Financial District, taking the entire 41st floor and part of the 40th. Commercial Observer reported the 10-year lease, whose asking rent was not disclosed. The move from 44 Wall Street expands the online brokerage's footprint by 81 percent, according to tenant brokerage Colliers.

Webull's 10-Year Lease at 140 Broadway

Webull Corporation is a publicly traded digital investment platform offering multi-asset, cross-market trading across more than 14 global jurisdictions to retail traders and long-term investors. The company was founded in 2018 and is headquartered in St. Petersburg, USA.

Colliers' Robert Gallucci, who represented the tenant, said in a statement: "For a company at this stage of growth, an office decision is about anticipating where the business is headed." Gallucci added that the goal was "to find a space they could grow into with confidence."

The landlord, 140 BW LLC, was represented by Dan Appel and Hal Stein of Newmark. Appel and Stein did not immediately respond to Commercial Observer's request for comment. Colliers research put the average office asking rent in Lower Manhattan at $64.88 per square foot in the third quarter of 2026.

Completed in 1968, 140 Broadway is known for Isamu Noguchi's Red Cube sculpture outside its Broadway-facing entrance. Tenants include public relations firm Zeno Group and the Wallace Foundation, and the building has a renovated amenity space.

Webull's Customer Assets and Registered Users

Webull reported $24 billion in customer assets in the first quarter of 2026, up 90 percent from $12.7 billion a year earlier, according to akta.pro company records. The same records show 27.6 million registered users in the first quarter of 2026, 15 percent more than the 24 million in the prior-year period. Customer assets stood at $24.6 billion in the fourth quarter of 2025, an all-time high and 81 percent higher year over year.

Webull's Pilot, Meeting and Data Access Disclosures

Webull and Sentinel AI announced a joint pilot program on October 28, 2026, letting public companies engage retail investors through Webull's Corporate Connect and Sentinel's real-time narrative data, GlobeNewswire reported. Webull held its general meeting on October 30, 2026, with quorum present, according to Seeking Alpha. On October 21, 2026, CNBC reported that the House Select Committee on China released internal Webull messages from 2021 showing a China-based employee had access to U.S. customer data despite the company's claim.

What Comes Next for Webull's Move

Webull has not said when it will move from 44 Wall Street to 140 Broadway, according to Commercial Observer. The company's own site lists its platform and corporate information.