World Wide Technology opens second office in New York
Maryland Heights-based World Wide Technology has expanded its footprint in New York, opening a second office there.
WWT, which provides technology products and services for large businesses and government entities, has begun operating from a 38,000-square-foot office in the One Manhattan West skyscraper in Manhattan. WWT's office takes up the entirety of the 54th floor of the 67-story tower, said Leo Makhlin, WWT's senior vice president of global accounts.
Privately held WWT, led by CEO Jim Kavanaugh, is the St. Louis region's second-largest privately held company with $17 billion in annual revenue. It operates from 55 locations and nearly 9,000 employees worldwide.
WWT's new office at One Manhattan West adds to an existing presence in New York, where the company already operates a 12,000-square-foot office nearby at the Penn 1 tower. WWT plans to continue operating its office at Penn 1 as a hub for its data analytics and management consulting employees in New York. WWT's lease for the Penn 1 office runs until 2026, the company said.
Makhlin said WWT's One Manhattan West office will serve a base for its consumer-facing operations in New York, being home to employees in sales, marketing and engineering roles. WWT has a 10-year lease there and began using the office in February and hosted an official launch event there last month. Makhlin declined to share the specific number of WWT employees based in New York, but said it totals several hundred. He said WWT's New York expansion has been driven by the company's growth in the global financial services business, with a five-year compound annual growth rate of nearly 50%.
"That's actually what's fueled the expansion here," said Makhlin, who is based in New York.
"My wife jokes I showed less passion for our own home renovation than I did for this office," Makhlin said.
The office includes what Makhlin describes as two "distinct hemispheres," one of which is focused on employee work space and another designed to accommodate meetings with WWT customers and partners.
"It is designed to be a magnet for our customers and partners," Makhlin said.