NEW YORK CITY-In response to large corporate expansions and a slew of major projects currently underway in Lower Manhattan, a provider of conference centers is expanding its footprint beyond Midtown to Downtown. Sentry Centers LLC – a company with two locations at 730 Third Ave. and 810 Seventh Ave. – is establishing its third and newest facility at 32 Old Slip in the Financial District, a building managed by Beacon Capital Partners.

“We really make a lot of our real estate decision-making as it relates to locations based on Fortune 500 corporate density,” Ryan Simonetti, co-founder of Sentry Centers, tells GlobeSt.com. “Outside of Midtown, that area of Downtown still has the greatest density of these types of large corporations. A lot of these customers that we are serving Downtown are customers that we have been already serving in Midtown, like Deutsche Bank and Oppenheimer. They’ve already been clients of ours in Midtown and we really saw an opportunity to continue to build the network be able to accommodate them Downtown.”

The space, totaling 38,750 square feet, formerly served at the training facility for Goldman Sachs. It will opening in December 2012 following a $3.6 million renovation with 11 rooms to accommodate 275 people.