Two of Greenwich”™s commercial trophies, Pickwick Plaza and 55 Railroad Ave., have benefited from recent transactions that include some 220,000 square feet of new leases and renewals.
Several of the renewals were signed one and two years in advance of lease expiration. The buildings are owned by Kensico Properties and managed by Hines. They are among the few commercial properties in the tony area with on-site, reserved parking.
“Successful organizations require office environments with efficient management, top-flight infrastructure and attractive interiors,” said Alan Zimmerman, executive vice president of Kensico Properties. “Our Greenwich properties take those criteria a step further by providing ample reserved parking, beautiful lobbies and lush landscaping.”
Pickwick Plaza is an office complex with its own branded address, three separate buildings and an annex. It has an 846-space, renovated underground garage for reserved parking. Other upgrades now afoot include the revitalization of 9,000 square feet of retail space along
Greenwich Avenue, upgrades to the interior plaza comprising new landscaping, water sculptures and main entrance area, and renovations of the common areas, including elevator lobbies.
The 55 Railroad Ave. property is best known for its striking facade and premier location directly across from the MetroNorth train lines. The building features a Robert A.M. Stern-designed lobby and private interior plaza with shaded tables and seating, bordered by a waterfall.
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, Viking Global Investors and Ziff Brothers at 55 Railroad Ave., among others.
Space remains available at both addresses. For more information, call (212) 687-3500.