Finance Firm Opts for Garden City Relocation

GARDEN CITY, NY–Stifel, Nicolaus & Co., a subsidiary of Stifel Financial Corp., has signed a 10-year lease for 24,771 square feet at 1225 Franklin Avenue Plaza here. It represents a relocation and expansion for Stifel, Nicolaus, which was previously located at 50 Charles Lindbergh Blvd. in Uniondale, NY.

In a release, Kraig Silver, EVP at the Treeline Cos., says the property’s “convenient location” and his company’s “hands-on management and responsiveness” as its owners were deciding factors for Stifel, Nicolaus. Part of the four-building Franklin Avenue Plaza portfolio that Treeline acquired in March 2007, 1225 Franklin offers 205,000 square feet of office space with an asking rent of $33 per square foot.