GFI Capital Resources Group, Inc., a provider of real estate and insurance services, is relocating its corporate headquarters to a full floor at 140 Broadway, Union Investment’s Class A office tower in the Financial District.
The 26,200 s/f comprises the building’s entire 41st floor, which 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.
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.
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.