Tiger Capital Group Relocates Boston Office; Nearly Doubles Space To Accommodate Growth

Jan 12, 2016, 09:42 ET from Tiger Capital Group

BOSTON, Jan. 12, 2016 /PRNewswire/ -- Tiger Capital Group has relocated its Boston office to 60 State Street, nearly doubling the size of its space in the city to accommodate its rapid growth.

The New York-headquartered international asset valuation, advisory and disposition firm leased 12,200 square feet on the 11th floor of the 38-story building in the heart of the city's Government Center district, moving from the 6,200 square feet it occupied at nearby 84 State Street. The new office currently houses 38 executive and support staff involved in the appraisal, purchase, disposition and financing of retail and wholesale consumer product inventories, as well as commercial and industrial assets, machinery and equipment, and intellectual property.

"Our plan is to build our Boston team to more than 60 employees," said Chief Operating Officer Michael McGrail. "This move underscores our commitment to maintaining a strong presence in Boston. The city is such an important hub for the asset-based lending industry and we want to be able to service our ABL customers on a face-to-face basis … every day."

Other key executives based in the Boston office include Executive Managing Directors Bob DeAngelis and Bradley W. Snyder; John Cronin, Director of Planning & Analysis, Ryan Davis, Director of Appraisals; Bruce Armbruster, Director of Marketing; John Coelho, Senior VP, Remarketing Services; and Jason Rae, Director of Business Development.

Tiger had operated at 84 State Street since 2001, initially occupying 1,800 square feet. The firm subsequently expanded its space there three times, highlighted by a 2,850-square-foot addition in 2009. 

In addition to New York and Boston, Tiger has two offices in Los Angeles, one in Chicago and a business development office in San Francisco. Through Australian co-venture Tiger Asset Group, they also maintain offices in Sydney, Perth and Brisbane, Australia.

About Tiger Capital Group
Tiger Capital Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger's seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively. Tiger's collaborative, straightforward approach is the foundation for its many long-term 'partner' relationships and decades of success. Tiger maintains domestic offices in New York, Los Angeles, Boston, Chicago, and San Francisco, and international offices in Sydney, Perth, and Brisbane, Australia. To learn more about Tiger, please visit www.TigerGroup.com

SOURCE Tiger Capital Group