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Office: tenants & leasing – page 11
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Data Center Developer Edged Takes Penthouse at Marx Realty’s 10 Grand CentralEdged, a subsidiary of tech infrastructure innovation company Endeavour, will open its first New York City office right next to Grand Central Terminal.
Representative imageFlexible Workspace Provider Servcorp Renews 10K SF at 1330 Avenue of the AmericasServcorp, a flexible office and virtual workspace provider, is staying put in Midtown. The office services firm has renewed its 10,200-square-foot lease on the entire 23rd floor of 1330 Avenue of the Americas, Commercial Observer has learned.
Midtown East Office Tower Headed for Foreclosure AuctionThe recent momentum of office leasing near Grand Central Terminal was not enough to save one Midtown East office tower from foreclosure.
Gale Associates Opens Rhode Island Office in ProvidenceConsulting engineering firm Gale Associates, Inc. has opened a Rhode Island office at The Foundry in Providence, a nationally recognized historic landmark and one of the city’s most distinctive commercial campuses.
Representative imageLaw Firm Simpson Thacher Finalizes 916K-SF Lease at Extell’s 570 Fifth AvenueGlobal law firm Simpson Thacher & Bartlett has finalized the largest Manhattan office deal signed in May.
Representative imageManhattan Office Leasing Jumped 17% in May: ColliersFor Manhattan’s office leasing market, it’s the climb. Office leasing activity in the borough jumped 17.3 percent month-over-month in May to 4.24 million square feet leased, according to the latest monthly snapshot report from Colliers.
Representative imageTrexquant Signs 23,000 SF Office Lease in Midtown ManhattanNEW YORK CITY — Trexquant has signed a 23,000-square-foot office lease in Midtown Manhattan. The quantitative finance firm is taking the entire 10th floor at 360 Park Avenue South, a 450,000-square-foot building.
Omnissa Inks 56,202 SF Office Lease at Former IBM Campus in Sandy Springs, GeorgiaSANDY SPRINGS, GA. — Omnissa, a Mountain View, Calif.-based enterprise software company, has signed on as the first major tenant at The Barfield, a two-building, 236,191-square-foot office complex in the Atlanta suburb of Sandy Springs.
Columbia Property Trust Lands 50K SF of Leases in Boston’s Back BayColumbia Property Trust, Inc. has secured six leases totaling more than 50,000 square feet at 116 Huntington Ave., its 273,000-square-foot boutique office building in Boston’s Back Bay district.
Representative imageHunter Point Capital Signs 46,000 SF Office Lease in Midtown ManhattanNEW YORK CITY — Hunter Point Capital has signed a 46,000-square-foot office lease in Midtown Manhattan. The independent investment firm is taking the entire 15th and 16th floors at 360 Park Avenue South, a 450,000-square-foot building.
Law Firm Taft Will Occupy Full Floor in Durst Midtown TowerThe Durst Organization said Thursday that national law firm Taft signed a lease at 1155 Ave. of the Americas for the entire 16,563-square-foot 24th floor to launch its New York office.
Law Firm Taft Inks 17K SF at Durst’s 1155 Avenue of the Americas for First NYC OfficeNational law firm Taft has chosen the Durst Organization’s 1155 Avenue of the Americas for its first New York office.
Representative imageBrightTower Signs 13,857 SF Office Lease in Midtown ManhattanNEW YORK CITY — BrightTower has signed a 13,857-square-foot office lease in Midtown Manhattan. The local investment bank and capital markets advisory firm will relocate and expand from its space at 110 E. 25th St.
Representative imageThe Window for Seizing on New York’s Class B and C Office Rebound Is ClosingFor years, the narrative surrounding New York City’s Class B and C office market was overwhelmingly negative. Vacancy was rising. Leasing activity was sluggish. Remote work was ascendant. Institutional lenders were retreating. Distressing headlines dominated the conversation.
Consumer Cellular Leasing 123K-SF Phoenix Office BuildingConsumer Cellular’s Phoenix contingent will be moving into the 123,340-square-foot 8501 Raintree office building in north Scottsdale. The company will bring call center workers, marketing, technical, executive and administrative teams to its new office building.
Three Tenants Sign Office Leases Totaling 36,548 SF at Frisco StationFRISCO, TEXAS — Three tenants have signed office leases totaling 36,548 square feet at Frisco Station, a 242-acre mixed-use development located north of Dallas.
Webinar: Industry Hasn’t Seen the Bottom of Property Distress YetThe bifurcation we’re seeing in the office market between sought-after trophy properties and those with occupancy challenges extends to the realm of distressed real estate as well, said James Shevlin, president and COO of CWCapital.
Representative imageState of California Secures 20K-SF Office at 1180 Avenue of the AmericasThe State of California has leased 20,000 square feet of office space at 1180 Avenue of the Americas, Commercial Observer has learned. The deal appears to mark a relocation of the California Franchise Tax Board’s Manhattan field office.
Representative imageShirley Aninias School Signs 23K-SF Lease at 30 Wall StreetThe Shirley Aninias School (SAS), a private special education program for children, has signed the largest lease to date at a Financial District office building.
Law Firm Jones Jones Relocates within Financial DistrictLee & Associates NYC completed a new office lease for Jones Jones LLC at 44 Wall St. in Manhattan’s Financial District. The law firm signed a 10-year, nine-month lease for 5,311 square feet.