NEW YORK—Sentry Centers L.L.C., a provider of dedicated conference centers in New York, has made plans to create its third conference center at 32 Old Slip in downtown Manhattan.
CBRE Group Inc. represented Sentry Centers in the creation of the 38,750-sq.-ft. conference and executive meeting center. CBRE also represents Old Slip Properties L.L.C., an affiliate of Beacon Capital Partners L.L.C., and the owner of 32 Old Slip.
CBRE’s Jared Freede, senior associate; Rocco Laginestra, senior vice president, and Michael Wellen, senior vice president, represented Sentry Centers. The firm’s Robert Alexander, chairman; Doug Lehman, senior vice president; David Maurer-Hollaender, vice chairman, and Bruce Surry, executive vice president, represented Beacon.
Formerly a training facility for Goldman Sachs, Sentry Centers at 32 Old Slip is slated to open in December of this year after a $3.6 million renovation. The renovation will include the creation of 11 meeting rooms to accommodate a variety of group sizes.
The Bromberg Group, based in New York, will be working with Sentry Centers to design the space.
Located one block from Water Street and Wall Street, Sentry Centers at 32 Old Slip will be the first conference center of its size to open in downtown Manhattan.
With this transaction, Sentry Centers has directly leased 110,000 sq. ft. of dedicated conference and meeting space in Manhattan over the last three years.
