According to Cushman & Wakefield, Northwestern Mutual, a renowned life insurance and financial services company, will be relocating to 274 Riverside Ave. The company leased 11,575 s/f of office space and will occupy the entire 4th floor.
As the exclusive leasing agent, Cushman & Wakefield's Adam Klimek, director, represented the landlord, Lexham Properties, the tenant was represented by Colin Reilly, senior vice president of CBRE.
Marc Lewis, managing member of Lexham Properties said, "We are happy to welcome such a prestigious brand into our building and we look forward to a long partnership."
Klimek said, "The building was an obvious choice for Northwestern Mutual, which had been located across the street at 285 Riverside Ave. for 10 years. 274 Riverside Ave. offered them more prominent river views from a higher floor in a building that has been renovated to accommodate just this cachet of tenant."
274 Riverside Ave. is a five-story, 48,121 s/f class A, boutique office building overlooking the Saugatuck River. It is 95% leased with just 3,100 s/f on the penthouse level available. The building offers a very convenient location with easy access to I-95, the Metro North train station and upscale Westport restaurants and shopping.