Gyro, an advertising agency that markets itself as a “global ideas shop,” is leaving for downtown pastures.
First reported by the New York Post, gyro has signed a 11-year lease last month to relocate to 115 Broadway, also known as 2 Trinity Centre.
Having outgrown its existing office, the company will move into the entire 14th floor of the building, located between Thames and Cedar Streets, which includes 22,312 square-feet of usable space.
“The new space—currently undergoing a complete redesign—is part of a 1904 landmark building and will combine the legacy of its gothic architecture with the state of art of 22nd century technology and seamless connectivity,” gyro New York President Keith Turco told Commercial Observer.
“[The move] offers our growing advertising agency a chance to keep embracing change and be a part of a growing and transforming part of Manhattan, while contributing to its resurgence,” Mr. Turco added.
Gyro plans to move into its new space, which is double the size of its existing office, this winter.
CBRE’s Brad Gerla, Sam Spillane, Adam Foster and Michael Rizzo represented building owner Richard Cohen of Capital Properties. Savills Studley’s I. Keith Ellis represented gyro in the transaction.