Newswire Mann Report

FlexTrade, Regions Bank Sign at 111 Great Neck Rd.

111 Great Neck Road

Philips International is pleased to announce that Regions Bank and FlexTrade have signed lease renewals at The Towers at 111 Great Neck Rd. in Great Neck, New York.

“We have continued to see strong demand for our Long Island suburban office properties, including larger office lease renewals from companies like FlexTrade and Regions Bank that need high end office space that is centrally located with convenient and quick access to transportation to Manhattan,” said Philip Pilevsky, chairman and CEO of Philips International.

Regions Bank signed a lease renewal for 11,000 square feet of office space on the fifth floor at the property. Headquartered in Birmingham, Alabama, the Fortune 500 company was founded in 1971 and operates 1,952 ATMs and 1,454 banking offices nationwide.

Daniel Brandel and Robert Seidenberg of CBRE represented the tenant in the transaction; Michael Robbins of Philips International represented the landlord in house.

FlexTrade signed a lease renewal for 20,000 square feet on the 3rd floor. FlexTrade offers high performance multi-asset execution management and order management systems for equities, fixed income, foreign exchange, futures and options.

FlexTrade was represented by Harlan Hollander of Savills; Michael Robbins of Philips International represented the landlord, Philips International.