Kensico Properties announced 220,000 s/f of new leases and renewals at two trophy Greenwich, CT, properties.
Pickwick Plaza and 55 Railroad Avenue have benefited from recent transactional activity that includes several renewals signed one- and two-years in advance of lease expiration.
Both buildings are owned by Kensico Properties and managed by Hines and are among the few commercial properties in the area with on-site, reserved parking.
Pickwick Plaza is an office complex with its own branded address, three separate buildings and an annex.
Within the past couple years, a series of upgrades have been implemented, such as the renovation of its 846-space underground garage for reserved parking.
Other programs now underway include the revitalization of 9,000 s/f of retail space along Greenwich Avenue, upgrades to the interior plaza comprising new landscaping, water sculptures and a dramatic main entrance area, and renovations of the common areas, including elevator lobbies.
The current availabilities at the complex are at 3 Pickwick Plaza, comprising the entire 28,000 s/f second floor and a portion of the third floor with nearly 13,000 s/f.
Both plug-and-play, pre-built floors are fully furnished with contemporary blond wood finishes and glass-walled perimeter offices. The third floor additionally features views of the Long Island Sound.
55 Railroad is best known for its striking façade and premier location directly across from the Metro North train lines. The building’s profile is also bolstered by a Robert A.M. Stern-designed lobby and private interior plaza. The only availability at 55 Railroad Avenue is a first-floor office with approximately 11,000 s/f of turn-key space.
Both properties boast tenant rosters with Fortune 100 companies and leading financial services firms, such as Deutsche Bank, IBG, JPMorgan Chase and Merrill Lynch at Pickwick Plaza; and Bank of America.
