Gallery Systems Heading Downtown to 5 Hanover Square
Michael Ewing May 14, 2012, 8 a.m.
Gallery Systems, Inc. will be heading to the Financial District at Savanna’s 5 Hanover Square.
The collection management and web publishing software solutions provider has signed a lease for a 7,225 square foot portion of the nineteenth floor in the historic building. The lease was set for eight years.
“Gallery chose 5 Hanover Square because of its central location in the financial district, right next to Stone Street,” said Andrew Kurd, an analyst at Savanna. “Additionally, the tenant appreciates the capital upgrades that Savanna has made to the building over the last 12 months, including a new chiller and cooling tower and renovated common corridors and bathrooms. Savanna will build a turn-key installation for the tenant and is excited to welcome Gallery to 5 Hanover.”
Frank Cento, Jonathan Fein, and Carlos Suarez of Cushman & Wakefield represented Savanna and Richard Gottlieb of Hunter Realty represented the tenant in this transaction.
Gallery System started over twenty five years ago with the development of the Metropolitan Museum of Art’s collection management system. From there, the company grew and developed two software programs – TMS and embARK – that are used in museums, government agencies, and private and corporate collectors around the world.
Gallery’s expansive list of clients include the Whitney Museum of American Art, the Solomon R. Guggenheim Foundation, the National Academy of Design Museum, and the Frick Collection.