Lease Beat

GFI Capital Resources Group Moving to 140 Broadway

Real estate and insurance services provider GFI Capital Resources Group is relocating its corporate headquarters to Union Investment’s 140 Broadway after signing a lease for 26,200 square feet across the entire 41st floor.

The new space will allow the company, which currently employs more than 130 people at its existing headquarters at 50 Broadway, to add roughly 25 employees, according to an announcement.

140 Broadway

140 Broadway (Photo: archpaper.com)

“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,” said Allen Gross, president of GFI, in a statement. 

GFI, which expects to move during the second quarter of 2014, is building out an open-floor concept to promote more collaboration between business lines.

“The new GFI headquarters will promote collaboration between disciplines,” said Jennifer McLean, chief financial officer of GFI, in a statement. “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.” 

The building offers access to 15 subway and bus lines, water taxis, ferries and the PATH, in close proximity to Wall Street, the New York Stock Exchange, Federal Reserve Bank of New York and the World Trade Center site. Inside, floor-to-ceiling windows provide natural light and Hudson River views, the company noted.

Cassidy Turley’s Peter Hennessy represented GFI. Robert Constable of Cushman & Wakefield represented Union Investment.  

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