Esquire Financial Holdings Grows Headquarters in Jericho with New Office Space

Esquire Financial Holdings, Inc. (NASDAQ: ESQ), the parent company of Esquire Bank, has taken significant steps to expand its operational capacity by leasing a new headquarters in Jericho, New York. This strategic move involves a 50,000 square-foot office space located at 300 Jericho Quadrangle, adjacent to the company's current location. The new premises not only nearly doubles the existing office footprint but also marks a noteworthy investment in both employee welfare and future growth potential.

The redesigned workspace is expected to cover two floors and will include specialized features such as a private entrance, dedicated indoor areas, and an impressive 16,000 square feet of outdoor space. These amenities are aimed at creating a vibrant environment where employees can flourish, thus enhancing team collaboration and productivity. This transition highlights Esquire's ongoing commitment to fostering a client-centric and tech-focused organization capable of addressing the complexities of the financial needs across various business sectors on both a national and local level.

Tony Coelho, Chairman of the Board, emphasized the significance of this expansion, stating, "This headquarters expansion validates our focus on building and enhancing our client-centric and tech-focused company to support continued growth for the complex and fragmented businesses we serve both nationally and locally." Such insights reflect an enthusiastic anticipation of how this new space will empower Esquire's operations.

Andrew C. Sagliocca, Vice Chairman, CEO, and President of Esquire Financial, also shared his perspective on this development, stating, "After another year of industry-leading performance and growth, this new headquarters will position us to attract top talent while giving our teams the needed state-of-the-art environment to continue to deliver exceptional service to our clients."

The company’s dedication to quality service cannot be overstated. With an impressive track record as a financial holding company, Esquire Financial Holdings specializes in meeting the financial needs of the litigation sector and small businesses. Additionally, it caters to commercial and retail customers throughout the New York metropolitan area. The funding strategies and offerings extend to tailored financial and payment processing solutions, addressing varied needs in the litigation community and among small business owners.

Having recently earned a spot on Fortune's 2024 Fastest-Growing Companies list, Esquire demonstrates its capability for sustained growth and innovation in the financial landscape. This includes fostering an atmosphere where both employees and clients can thrive, ultimately benefiting the overall economic ecosystem.

As for the logistics of this transition, the process is set to unfold with team members expected to make the move by late 2026, making it a timely endeavor given the trajectory of company growth. The long-term 12-year lease underscores not just the commitment to expanding its physical presence, but also to ensuring that its facilities align closely with the values and vision of Esquire Financial Holdings.

In summary, Esquire Financial Holdings is gearing up for an exciting chapter with its new headquarters, a step that reflects both an ambition to grow and a dedication to nurturing a productive work environment. As the company continues to strengthen its presence in the financial sector, the newly leased office space symbolizes a foundational element in advancing its mission to deliver unmatched financial services to its diversified clientele.

For further updates on this expansion and other developments, stay tuned to Esquire Bank's official channels and their website at www.esquirebank.com.

Topics Financial Services & Investing)

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