In uncertain times following a financial implosion, it is either a terrible time to be a financial consulting firm or the perfect time to start one. Newly formed Boxwood Strategic Advisors is going with the latter option. The firm signed a lease for 3,562 square feet at 370 Lexington Avenue.
After a search consisting of three months, covering upward of 20 properties, Boxwood settled on the Sherwood Equities–owned building, which caters to the particular requirements of smaller tenants. “Sherwood was willing to build out the space to our specifications, committed to a fast timetable and actually completed construction early,” said Boxwood managing partner Arthur Bingham.
Sherwood Equities’ CEO, Jeff Katz, noted that small tenants were “often overlooked by landlords who can’t be bothered dealing with small businesses and start-ups.”
Boxwood plans to take immediate occupancy in the building.
Curtis Woodside of Rice & Associates represented the financial firm. Jill Burrowes and Adam Weissleder represented Sherwood Equities in-house.