GFI Capital Resources Group, Inc. Signs Lease to Relocate Corporate Headquarters to 140 Broadway in Lower Manhattan
New Space Will Accommodate Continued Growth of Leading Provider of
Real Estate and Insurance Services
NEW YORK CITY (Dec. 18, 2013) — GFI Capital Resources Group, Inc., a leading, diversified provider of comprehensive real estate and insurance services, today announced that it will be relocating its corporate headquarters to a full floor at 140 Broadway, Union Investment’s architecturally distinct, Class A office tower located in the heart of New York City’s Financial District.
The exceptional quality space totals 26,200 square feet comprising the building’s entire 41st floor, and will accommodate the continued growth of GFI. The company, which currently employs more than 130 professionals at its existing headquarters at 50 Broadway, is expected to take occupancy of its new space in the second quarter of 2014.
“The decision to relocate to 140 Broadway is the beginning of the next chapter for GFI Capital Resources Group, Inc.,” stated Allen Gross, president of GFI Capital Resources Group, Inc. “We’ve experienced tremendous growth across all of our business lines and this new space will enhance the work environment for our professionals while positioning our company strongly for the future.”
Benefitting from the efficiency of a nearly column-free floorplate, the new space will allow GFI Capital Resources Group, Inc. to increase employee capacity by more than 20 percent. More importantly, GFI will build out its new space to embrace a more open-floor concept, incorporating several areas throughout that are designed to foster collaboration among GFI’s different affiliates, including mortgage banking, commercial real estate sales and finance, property management, insurance and development, as well as its hotel affiliate, GB Lodging.
“The new GFI headquarters will promote collaboration between disciplines,” said Jennifer McLean, chief financial officer of GFI Capital Resources Group, Inc. “The ultimate goal is to better serve our clients, and we believe the best way to do that is by harnessing the synergies of our various affiliates.”
Located in the center of one of the world’s primary business and financial hubs, 140 Broadway will provide GFI and its employees with a number of advantages. Employees will enjoy an easy commute with nearby access to more than 15 subway and bus lines, water taxis, ferries and the PATH train. Surrounded by a large number of acclaimed restaurants, shops and other popular attractions, the building’s location is ideal for entertaining clients. The company will also benefit from proximity to landmarks such as Wall Street, the New York Stock Exchange, Federal Reserve Bank of New York and the World Trade Center.
In addition to its convenient and accessible Lower Manhattan location, 140 Broadway will provide GFI with a number of sought-after features including floor-to-ceiling windows on all four sides that provide for excellent views of the surrounding cityscape and Hudson River, as well as an abundance of natural light to permeate the floors.
Cassidy Turley Tri-State President Peter Hennessy represented GFI in the transaction, while Robert Constable, an executive vice president with Cushman & Wakefield, represented Union Investment.
About GFI Capital Resources Group, Inc.
Founded in 1983 and headquartered in New York City, GFI Capital Resources Group, Inc. is a leading, diversified provider of comprehensive real estate, commercial real estate finance and insurance services to clients throughout the U.S. Through an integrated platform of affiliates specializing in mortgage banking, commercial real estate sales and finance, property management, insurance and development, along with its hotel affiliate, GB Lodging, GFI is powered by strong relationships with major financial institutions, investors, and buyers and sellers of real estate.
GFI has built its reputation on a steadfast commitment to maintaining the highest level of professionalism in every aspect of its business. The company’s service-oriented culture, extensive network and deep knowledge of local markets strongly position GFI to deliver unparalleled value and results. For more information, visit gficap.com.