July 17, 2019 – Dennis Someck, Executive Managing Director/Principal, Justin Myers, Executive Managing Director/Principal, and Conor Krup, Director, of Lee & Associates NYC have arranged an eight-and-a-half year, 6,400-square-foot lease on the entire sixth floor at 75 Spring Street for the office of Raven Capital Management, a boutique investment advisory firm that specializes in the primary origination, underwriting, execution and management of direct-asset based investments. The company targets investments ranging from approximately $5 million to $50 million, providing institutional investors with the unique ability to access the lower middle market.
“The Raven Capital team had outgrown their previous office at 110 Greene Street but they didn’t want to leave their dynamic Soho neighborhood, complete with all the amenities to which they had grown accustomed,” explains Mr. Someck, whose leasing team represented the tenant. “This full-floor space was a perfect fit for their needs and will be compatible with future growth of their rapidly expanding team.”
In their previous office, the company was housed in 2,500 square feet of space. In this transaction, the property owner, Greystone Management Corporation, was represented by Robert Neborak of ABS Partners Real Estate. Raven Capital Management is expected to take occupancy in the new space in November 2019.