NEW YORK CITY—Investment banking and asset management firm Needham & Co., LLC is relocating its corporate headquarters down Park Avenue to nearly 30,000 square feet of space at 250 Park Ave., Globest.com has learned exclusively.
The financial services firm is relocating its 100 employees from its current headquarters space at 445 Park Ave. and expects to take occupancy of its new offices by the end of this year.
Cushman & Wakefield, which represented the building ownership in the transaction, reports that Needham & Co. will occupy the entire 10th floor at 250 Park Ave., encompassing 29,401 square feet. The lease transaction has a term of 11 years.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
