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Sentry Centers Expands Its Footprint Downtown

NEW YORK CITY-The company has signed a lease for its third New York City location, its first in Lower Manhattan, company co-founder Ryan Simonetti tells GlobeSt.com's Jacqueline Hlavenka.

By Jacqueline Hlavenka | Updated on September 20, 2012

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.”

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