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| September 23, 2005 |
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| BROADWAY PARTNERS ANNOUNCES LEASE RENEWAL FOR INTERACTIVE BROKERS GROUP AT PICKWICK PLAZA IN GREENWICH |
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GREENWICH, CT (September 23, 2005) — Broadway Real Estate Partners, LLC (Broadway Partners), a national commercial real estate investment firm headquartered in New York, has announced a long-term lease renewal and expansion by Interactive Brokers Group at Two Pickwick Plaza located in Greenwich CT.
Interactive Brokers Group, a national leader in brokerage services, has engaged in a renewal and expansion of 64,451 square foot at Pickwick Plaza. The office is located in downtown Greenwich, at the top of Greenwich Avenue.
“We are excited to announce that Interactive Brokers Group has decided to renew its lease at Pickwick Plaza, one of the premier suburban office properties in the nation,
for another seven years and six months," said Scott Lawlor, chief executive officer and founder of Broadway Partners. “Greenwich remains one of the most desirable suburban office submarkets in the country and is a market upon which we continue to focus.”
Under the terms of the lease, Interactive Brokers Group will occupy three floors. Antares Real Estate Services represented Broadway Partners in this transaction.
Pickwick Plaza occupies 237,844 square feet and is made up of three Buildings: One Pickwick, Two Pickwick, and Three Pickwick. It has two 4-story buildings, one 3-story building plus a 2-story annex. It was built in 1974 and underwent a renovation in 2001, which included common areas and the garage.
Pickwick Plaza is located at the top of Greenwich Avenue and is within walking distance of the Greenwich train station as well numerous high-end restaurants and retail shopping venues. It has a campus style configuration, with landscaped plaza that includes trees, gardens, and sculptures. It also has an underground garage with over 850 spaces.
About Broadway Real Estate Partners
Broadway Real Estate Partners, LLC is a private national real estate investment and management firm headquartered in New York City. Its partners represent a cross section of domestic and international private and institutional investors. The firm invests in high quality office properties in select markets nationwide. Since 2000, Broadway Partners has purchased over six million square feet of office space with a value in excess of $1.6 billion.
For more information, contact Charles Millard at Broadway Partners’ New York headquarters at 212.319.7100 or visit www.bwaypartners.com.
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