As Downtown office leasing continues unabated, Cammack Retirement Group, an investment advisory, consulting and actuarial firm, will soon relocate to 40 Wall St., a.k.a. the Trump Building, in a transaction brokered by global commercial real estate services firm Savills Studley.
The investment firm has signed a 9,248 s/f lease comprising the entire 56th floor. The company is currently located at 2 Rector St. and expects to move by the spring.
Savills Studley associate director Gabe Marans, one of the firm's top-producing associate brokers with more than 1.5 million s/f in transaction volume, negotiated the lease on behalf of Cammack Retirement. The transaction continues to build on Cammack's strategic plan in Lower Manhattan. "Over the last four years we have completed three deals for Cammack, two of which were short-term and designed to maximize their market leverage and pair with their optimal business conditions. Cammack's new space at 40 Wall St. allows the firm to move into a modern, full-floor layout where the ownership will be delivering a brand new building installation," Marans said.
Marans represented the tenant, while Jeffrey Lichtenberg of Cushman & Wakefield represented the landlord, the Trump Org., in negotiations.
Founded in 1965, Cammack Retirement, formerly Cammack LaRhette, provides investment advisory and consulting services on programs with assets totaling more than $67 billion. The firm has offices in Manhattan and Wellesley, MA. Tags: