Silverstein Properties, one of New York City’s leading real estate development and management companies, today announced that Sorin Medical, P.C., a private medical practice, has signed a 15-year, 5,686 s/f retail lease at 120 Wall Street in Downtown Manhattan.
The practice is slated to open its new flagship location at the corner of Wall Street and South Street in January 2022. When occupied, the space will boast a wellness and lifestyle focused design, straying from traditional medicinal office concepts.
Sorin Medical, P.C. is one of the nation’s leaders in preventative and interventional cardiology. Focused on patient experience and safety, Sorin Medical has pioneered innovative techniques and transitioned traditional patient procedures to the ambulatory setting, removing the need for overnight hospital visits. This facility, the first combination OBL/ASC in New York, is the flagship office for Sorin Medical, P.C. The practice has offices in other locations including in Brooklyn, Queens, Bronx, New Jersey, and upstate New York.
With a focus on overall cardiovascular health, Sorin Medical is partnering with global medical technology leader Siemens Healthineers to host the most advanced cardiovascular tools that can detect coronary artery disease (CAD) early and prevent heart attacks. Sorin Medical’s flagship location is also slated to include a high-precision, robotic-assisted angiography system designed for use in a wide range of minimally invasive surgical procedures, as well as a high-speed computed tomography scanner designed to optimize cardiac CT scans.
“Silverstein Properties is delighted to see Sorin Medical, P.C. join our 120 Wall Street tenant roster,” said Harlan Strader III, Vice President at Silverstein Properties. “The practice’s arrival reflects an exciting trend of medical and wellness tenants absorbing vacant retail space, and represents widespread post-pandemic faith in Lower Manhattan. We are thrilled to welcome Sorin Medical, P.C. to 120 Wall Street and provide our tenants and the surrounding community access to such innovative leaders in healthcare.”
Jamie Weiner of Manhattes Group and Harlan Strader of Silverstein Properties led negotiations on behalf of the landlord.