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Deals & Dealmakers

E-Trade, Synechron moving to SJP Properties’ 11 Times Square

SJP Properties has signed office lease agreements with E-Trade and digital business consulting and information technology company, Synechron, Inc. at 11 Times Square, a tower it has renamed Eleven | X.

Situated at the gateway to Manhattan’s new West Side, the state-of-the-art, 1.1 million-square-foot LEED-Gold-certified office and retail tower is owned by SJP Properties in partnership with PGIM and Norges Bank.

E-Trade will relocate its headquarters to 31,234 s/f at Eleven | X during summer 2017. A pioneer in the online stock brokerage industry, the publicly traded company employs more than 3,400 people and maintains more than 30 retail branches across the U.S.

Synechron, which provides information technology services to the financial services industry, will occupy 11,831 square feet for in the tower. The move is the latest expansion for the New York-based company, which employs more than 6,000 workers in offices around the United States and the world.

E-Trade was represented in its lease by Mark Ravesloot, Scott Sloves, Michael Wellen, Zachary Weil and Elaine Armstrong of CBRE, while SJP was represented by the JLL team of Paul Glickman, Mitchell Konsker and Dan Turkewitz.

Synechron was represented in its lease by Michael Tesser and Sheena Gohill of Colliers, with Glickman, Konsker and Diana Biasotti, also of JLL, representing SJP in the transaction.

JLL is the exclusive office leasing agent for Eleven | X.

“We are thrilled to welcome E-Trade and Synechron as the latest tenants in our world-class tower at Eleven | X,” commented Steve Pozycki, Founder and CEO of SJP Properties.

“As fast-growing, pioneering names in the global financial industry, both companies stand to benefit considerably from the optimal work environment and unparalleled location advantages that this tower affords.”

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