Choyce Peterson Negotiates 11,765 Square-Foot Lease for WTP Advisors; WTP Advisors Continues Growth through Relocation within the Same Building
Stamford, CT (PRWEB) April 20, 2010
Choyce Peterson, Inc. (http://www.choycepeterson.com), a commercial real estate brokerage and consulting firm, today announced the completion of lease negotiations for WTP Advisors (http://www.wtpadvisors.com), a tax and business services firm focused on complex quantitative solutions. The renewal more than tripled the company’s headquarters to 11,765 square feet at White Plains Plaza, One North Broadway, White Plains, NY.
WTP Advisors chose Choyce Peterson as a commercial real estate broker for the third time since 2008 when they concluded an initial lease at the same location for 2,192 square feet. This time, Choyce Peterson negotiated an expansion of more than 7,900 square feet and a lease extension of their existing 3,800 square feet thanks to John Hannigan, Principal of the company and lead broker on all three occasions.
Mr. Hannigan commented, “We are pleased to see WTP Advisors’ steady growth, and I am personally honored by their continuing confidence in our firm. We urge our expanding clients to consider expansion within their building as a viable option for business continuity, employee satisfaction and preferred location.”
Mr. Hannigan went on to note numerous economic benefits based on WTP’s status as an existing tenant tripling its office size, including a staged expansion to meet WTP’s growing needs as they arise, as well as continued use of a shuttle to the train station and amenities such as
a brand new lobby, a shared conference room and a popular ground-floor retail, Panera Bread.
Michael Minihan, Partner of WTP Advisors, elaborated, “We run a specialized tax and business advisory firm servicing a growing corporate niche and were especially pleased to expand within our current building. By doing so, we retained all our employees by keeping the same commute, preserved a landlord we knew and liked, and are now able to accommodate our future expansion. Choyce Peterson was invaluable in recommending and executing this course of action.”
WTP currently supports 30 people in its White Plains headquarters. Its landlord, Heyman Properties, was represented by Larry Ruggieri and Glenn Walsh of Cushman & Wakefield.
For more information, please call 203-356-9600; or write Choyce Peterson, 2001 West Main Street, Stamford, CT 06902.
About WTP Advisors
Founded in 2005, WTP Advisors, formerly “Worldwide Trade Partners,” offers turnkey tax and business services that arm businesses with the information they need in order to operate at peak efficiency and profitability. Our unique, powerful blend of people, process and technology provides a wide range of benefits for international and domestic businesses. WTP’s tax services include manufacturing and export incentives, foreign tax credit-related calculations, international tax compliance and tax provision calculations. WTP’s business advisory services include data analysis, strategy and change management, operations excellence, strategic sourcing and procurement, product development and process re-engineering.
About White Plains Plaza
White Plains Plaza is a 712,000 sq. ft. office and retail complex located in the heart of downtown White Plains. In 2004, Heyman Properties purchased the complex and have since completed major renovations to include a multi-million dollar renovation to the lobby of One North Broadway. In addition to the recent expansion of Worldwide Trade Partners, White Plains Plaza houses such prestigious office Tenants as Jackson Lewis, Keane & Beane P.C., Cuddy & Feder, LLP and Greenberg Traurig, LLP. The complex offers excellent access to many shops and restaurants in the downtown area and is within minutes away from the White Plains Transportation Center and major highways and parkways that surround White Plains.
About Choyce Peterson
Choyce Peterson, Inc., a commercial real estate brokerage and consulting firm, was founded in 1997 and includes offices in Stamford, CT and Rye Brook, NY. The company has negotiated millions of square feet of transactions spanning 42 states and Canada, primarily for clients based in Fairfield and Westchester counties. The Choyce Peterson process delivers creative and comprehensive real estate solutions to help clients derive maximum value from their real estate decisions.
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