Andiamo Partners Signs Long-Term Lease at 17 State Street through Savills Studley

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Growing Tech Firm Relocates, Doubling in Size at Distinctive Lower Manhattan Skyscraper

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The company outgrew their current space and after looking at both Midtown and Lower Manhattan alternatives, the value that downtown provided made it the best option.

Continuing Downtown’s strong leasing momentum from TAMI tenants, Andiamo Partners, a technology staffing and consulting firm will soon relocate and expand in Lower Manhattan.

The company has signed a 6,668 square-foot lease comprising a portion of the 8th floor at 17 State Street, a distinctive 42-story tower across from Battery Park. The transaction was brokered by international commercial real estate services firm, Savills Studley.

While Andiamo Partners currently occupies 3,235 square feet at 90 Broad Street, they will more than double in size when they move to their new headquarters in the first quarter of 2015.

A team of Savills Studley brokers consisting of Assistant Director, Oliver Petrovic and Executive Managing Director, Marc R. Shapses represented the tenant in the 10-year transaction. AJ Camhi, Ryan Silverman, and Steve Morrows represented the building’s ownership, RFR Realty, in-house.

Mr. Petrovic, who has completed more than 100,000 square feet of transactions in Lower Manhattan year-to-date, explained that following a citywide search, Downtown made “the most sense” for Andiamo. “The company outgrew their current space and after looking at both Midtown and Lower Manhattan alternatives, the value that downtown provided made it the best option.”

Mr. Petrovic continued: “This is a rapidly growing tech staffing company that has doubled in growth over the past 18 months. They valued the familiarity and culture of Downtown and recognized that the surge of tech and media firms to the neighborhood will help continue that culture.”

Founded in 2014, Andiamo Partners specializes in placing talent from the technology sector in challenging roles within prominent tech and financial services companies. The firm’s notable clients include Goldman Sachs, MasterCard, Morgan Stanley, Amazon.com, and Bloomberg, among others.

About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 25 offices in the U.S. and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.

The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 27,000 professionals and over 600 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).

For more information, please visit http://www.savills-studley.com and follow us on Twitter @SavillsStudley and LinkedIn.

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Heather Castrillon
Savills Studley
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