Retirement plan management firm Cammack Retirement Group will relocate its Financial District headquarters in the spring of 2015 through a 15-year, full-floor lease at the Trump Organization‘s 40 Wall Street, brokers involved with the deal announced yesterday.
The firm that manages or consults on assets worth over $67 billion collectively, according to its website, will move from 2 Rector Street to a 9,248-square-foot space on the 56th floor, officials with Savills Studley said.
“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,” said Savills Studley broker Gabe Marans, Cammack’s representative in the deal, in a prepared statement. “Cammack’s new space at 40 Wall Street allows the firm to move into a modern, full-floor layout where the ownership will be delivering a brand new building installation.”Retirement Planners on the Move in FiDi
Related StoriesLaw Firm Employment and Space Trends
National Office Sector Report (Q3 2014)