ONE FINANCIAL PLAZA. Syracuse New York
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- Maryann Thornton
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2 One Financial Plaza sets on the corner of South Warren Street and East Fayette Street, where a renaissance has taken place over the past five years. Historically this area was known as the heart of the financial district of downtown (Key Bank, Merchants Bank, HSBC, and Marine Midland to name a few). As banks merged and technology altered the roles of banks, this area has re-created itself to be an area now occupied by The Syracuse Media Group, Legal Services of Central New York, Volunteer Lawyers Project and most recently SUNY Upstate has moved 400 jobs to the area. While the office district has been active, this has been coupled with the conversion of many buildings in the area to first class residential apartments and condominiums. The level of investment in this part of town has been extreme. Apartments, new businesses and the upgrading of infrastructure surrounding this area has proven to be invaluable. Minutes away from Syracuse University, Crouse Hospital and Upstate Medical Center with unparalleled access to restaurants, retail establishments, banking, parks, museums and the Onondaga Creekwalk, this area continues to attract new tenants and investment. Parking is available and affordable, public safety is of utmost importance and the new urbanism that exists in this downtown sector is just extraordinary. One Financial Plaza has recently welcomed as a new tenant to the entire third floor, Legal Services of Central New York. After an extensive search for a new home, which spanned tours of many buildings in the downtown market, One Financial Plaza was selected due to many of the reasons mentioned above. Legal Services of Central New York is welcomed by the other tenants of the building, including: Dannible & McKee, Certified Public Accountants Key Private Banking Excellus Blue Cross The Office of Management and Inspector of General (New York State) Virtucom Group Volunteer Lawyers Project
3 OVERVIEW COR Brokerage (COR) has been exclusively retained to arrange the sale of One Financial Center (the Property ) a 81% leased 110,500 rentable square foot class A office building located at the corner of East Fayette Street and South Warren Street in what has become the most dynamic neighborhood in downtown Syracuse. Built in 1980, the building provides an energetic first class lobby with on site security, coupled with beautiful new tenant spaces, including a new roof in The Property is conveniently located near the intersection of I-81, Central New York s major thorough fare, and I-690 an auxiliary Interstate Highway that extends through the vicinity of Syracuse and provides easy access to the popular suburban residential neighborhoods in the area. It is within minutes of the Destiny USA mall, Onondaga Court House, the James M. Hanley Federal Building, the OnCenter (the city s premier civic and convention center), and Syracuse University. The proximity to Armory Square, Hanover Square, restaurants, hotels and banking make this building one of the finest professional environments to operate a business. PROPERTY SUMMARY Address 221 South Warren Street Syracuse, NY Year Built/ Renovated 1980 / 2007-Present Land Area.53 Acres Rentable SF 110,500 Floors 5 No. of Tenants 5 Occupancy 81% Notable Tenants Dannible & McKee, LLP Legal Services of Central New York, Inc. Key Bank Private Banking The Office of Management and Inspector General (New York State) Excellus Blue Cross Virtucom Group Volunteer Lawyers Project
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5 City Hall State Office Bldg. ONE Clinton Square Federal Bldg One Lincoln Center ONE Onondaga County Court House AXA TOWERS War Memorial Everson Museum Oncenter Convention Center
6 One Financial Plaza
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8 ATTRACTIONS Aside from convenient access to transportation, residents, businesses and visitors are attracted to Syracuse s beautiful landscape, various parks and unique cultural centers and local restaurants. DESTINY USA Located less than 2 miles from One Financial Plaza, Destiny USA is a six-story super-regional shopping and entertainment complex on the shore of Onondaga Lake. It is the 6th largest shopping center in the nation and the largest in New York. The anchors include JCPenney, Macy s, Lord & Taylor, Best Buy, The Bon-Ton, Dicks Sporting Goods, Forever 21, DSW, Old Navy, Sears Outlet, Finish Line and Sak s Off 5th. A full food court, vintage carousel and electric go-karts are also located on the premises. ARMORY SQUARE A trendy spot for shopping, dining and nightlife, downtown Syracuse s Armory Square is located one block to One Financial Plaza. The area walkable area surrounds the Milton J. Rubenstein Museum of Science and Technology. It houses a 60-foot IMAX screen in the former Syracuse Armory Building, which gave the Square it s name.
9 SYRACUSE UNIVERSITY CARRIER DOME Proximate to Syracuse University and it s large campus, which is organized into 13 schools and colleges, with nationally recognized programs across a number of academic disciplines. Officially chartered in 1870 as a private, coeducational institution, Syracuse now has an enrollment of over 15,000 undergraduate and 6,000 graduate students. Syracuse University athletic teams, known as the Orange, participate in 20 intercollegiate sports. SU is a member of the Atlantic Coast Conference for all NCAA Division I athletics and many of its teams play in the iconic 49,262-seat Carrier Dome, the largest domed stadium in the Northeastern US. MUSEUMS Close to the Property is the Erie Canal Museum and & Syracuse Heritage Area Visitor Center, which is housed in an original 1850 Weighlock Building. Visitors can explore artifacts, maps, interpretive and interactive displays, plus a full-size replica canal boat with crew quarters, cargo and passenger areas. In addition, the Everson Museum of Art houses the most significant collection of American ceramics in the US including work by Jackson Pollock, among others. The Everson was designed by I.M. Pei, who has since designed the Rock and Roll Hall of Fame and Museum in Cleveland, the National Gallery of Art in Washington, D.C. and the new addition to the Louvre in Paris.
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