Investment Bank Ducera Partners Takes 29,089 SF at 11 Times Square

NEW YORK CITY – SJP Properties today announced that Ducera Partners, a leading independent investment bank, has signed a 10-year lease for 29,089 square feet on the entire 36th floor of 11 Times Square, the 1.1 million-square-foot commercial tower located at the southeast corner of 42nd Street and Eighth Avenue.

Ducera Partners is moving to 11 Times Square to take advantage of the building’s modern infrastructure, amazing views, open, customizable layouts that are free of columns, and proximity to key public transportation hubs.

“We are pleased to be relocating the headquarters of our firm to 11 Times Square. The building offers leading infrastructure and technology coupled with remarkable views of New York City,” said Michael Kramer, CEO of Ducera Partners. “The modern office layout and amenities will support our collaborative work environment, long-term growth, and ability to deliver world-class financial advisory services to our clients.”

“We developed 11 Times Square with superior infrastructure, modern interiors and some of the best technological capabilities in the entire office market to attract precisely this kind of tenant,” said Zach Freeman, Senior Vice President at SJP Properties. “We’re confident that Ducera Partners will thrive in its space at 11 Times Square and find it a highly accessible home base for its operations.”

John Nugent of CBRE represented Ducera Partners in the transaction, while Freeman and Paul Glickman, Dan Turkewitz, and Kristen Morgan of JLL represented SJP Properties.

11 Times Square is located at the intersection of Eighth Avenue and 42nd Street, serving as the gateway to Midtown’s flourishing West Side. The building boasts a roster of tenants across finance, technology, law and media that includes Proskauer and Microsoft as its anchors. 11 Times Square is among the most technologically advanced commercial buildings ever constructed in Manhattan, featuring LEED Platinum-level indoor air quality and a highly efficient glass curtain wall. Positioned for maximum accessibility to public transportation, the building stands across from the Port Authority Bus Terminal and has direct access to the Times Square 42nd Street subway station.

About SJP Properties

Headquartered in New York City, SJP Properties is a vertically integrated commercial and residential real estate developer, investor, asset manager, construction manager and property manager. The expertise of the company’s core in-house team of professionals encompasses the entire development process, from site selection through coordination of tenant move-in for large multi-phase projects, including numerous Class A build-to-suit developments and individual tenant build-outs. Well known for the creation of unparalleled lifestyle-focused developments, SJP is committed to meticulous design and engineering development plans that reflect a keen understanding of market demand.

Having sustained an unblemished track record of success, SJP has established relationships with many of the industry’s leading investors and financial institutions, providing unparalleled access to capital. For more information, call 212-335-2200 or visit www.sjpproperties.com.

About Ducera Partners

Ducera Partners is a leading investment banking firm focused on providing trusted, independent advice and innovative solutions to decision makers in complex and transformative corporate finance transactions. Since its founding in June 2015, Ducera Partners has advised on over $250 billion in transactions across various industries. Ducera Partners has offices in New York and Los Angeles. For more information about Ducera Partners, please visit www.ducerapartners.com.