NEW YORK CITY-In a transaction that allows GoldenSource to renovate and remain at its current headquarters for the long term, the global data management firm has committed to a new 35,000-sf, 10-year lease at 22 Cortlandt St.

Studley’s senior managing director John Mambrino, together with Nick Farmakis, managing director, negotiated the renewal transaction on behalf of GoldenSource. “We made certain that GoldenSource would directly benefit from the building improvements,” notes Mambrino, who was involved in relocated the company to its current location nine years ago when the firm moved from 770 Broadway.

GoldenSource will benefit from a capital improvement program planned for the building, which will encompass significant renovations to the building’s various mechanical systems and lobby.

According to Farmakis, location was also a factor that influenced the company’s decision to remain in place for the long term. “GoldenSource will benefit from the building’s adjacency to the new World Trade Center transportation station, as well as its proximity to Broadway and the World Financial Center.”

Grubb & Ellis represented 22 Cortlandt St. ownership in the transaction.

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