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Representative imageTRAC Intermodal Signs 31,000 SF Office Lease in Princeton, New JerseyPRINCETON, N.J. — TRAC Intermodal has signed a 31,000-square-foot office lease in Princeton. The provider of logistics services is taking space on the third floor of the building at 600 College Road, which is part of the Princeton Point campus.
Representative imageLaw Firm London Fischer, Nonprofit Adapt Community Network Ink Deals on Maiden LaneA personal injury law firm and a nonprofit serving people with disabilities have signed new office deals on Maiden Lane in Manhattan’s Financial District.
Jack Resnick & Sons Signs 58K SF of New Leases at 250 Hudson StreetJack Resnick & Sons has signed three new office and retail tenants totaling 57,874 square feet at 250 Hudson Street in Manhattan’s Hudson Square neighborhood, Commercial Observer has learned.
RAMROCK Snags Financing for Preston Center Mixed-Use ProjectRAMROCK Real Estate, in partnership with Lincoln Property Company and Willow Bridge Property Company, secured financing for the 8300 Douglas project at Preston Center, a mixed-use development that will include an elevated office, residential and retail environments.
Representative imageJoint Venture Refinances 615,305 SF Office, Life Sciences Campus in Bedford, MassachusettsBEDFORD, MASS. — A joint venture between Anchor Line Partners and Alloy Properties has refinanced The Core at Crosby, a 615,305-square-foot office and life sciences campus in Bedford, a northwestern suburb of Boston.
Representative imageKislak Negotiates $10M Sale of Northern New Jersey Office BuildingPARSIPPANY, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $10 million sale of a 131,346-square-foot office building in the Northern New Jersey community of Parsippany. The building sits on an eight-acre site at 959 U.S. Route 46.
Tech Firm Veeva Relocates to 62K-SF Office at Vornado’s Penn 2A data firm that provides software and artificial intelligence solutions for the life sciences sector is relocating its offices to the Penn District, Commercial Observer has learned.
AI Startup Phia Signs 9K-SF Lease at Zar Property’s 37 East 18th StreetThe apple doesn’t fall far from the tree, especially for Bill Gates. Phoebe Gates, the Microsoft co-founder’s youngest daughter, started a tech firm of her own — along with her Stanford classmate Sophia Kianni — and has just signed a lease to relocate its office in New York City.
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 imageSoJo Spa Owner Buys Office and Retail Building at 893 Broadway for $31MSoJo Spa Club owner Hyun Jun An has purchased 893 Broadway in Manhattan’s Flatiron District for $31 million, according to property records made public Wednesday.
The Plan: 99 Park Avenue Returns to Its Art Deco Roots in MidtownIt’s a homecoming for 99 Park Avenue. Global Holdings is returning its 26-story, 600,000-square-foot Class A office tower to its roots with a $30 million repositioning focused on bringing the building’s classic Art Deco architecture back into the design of its lobby and…
CBRE Arranges Sale of 53K-SF Office, Surgical Center Lease in PennsylvaniaCBRE has arranged the sale of 1600 Manor Drive, a 52,622-square-foot office and surgical center located within the New Britain Corporate Center in Chalfont, Pennsylvania. Pruthi Properties purchased the property from an affiliate of Equus Capital Partners, Ltd. for $12 million.
Real Capital Solutions, MRP Realty Debut New Town Hall Suites in Downtown DCReal Capital Solutions (RCS), in partnership with MRP Realty, announced the debut of six new Town Hall suites at 1501 M Street NW, introducing a move-in-ready office concept in downtown Washington, D.
Stream Realty Expands SoCal Presence with New DTLA OfficeStream Realty Partners has opened an office in downtown Los Angeles, marking a significant expansion of the firm’s presence across Southern California. The expansion is further strengthened by the addition of a high-performing team from Avison Young.
Representative imageDon’t Rush the Analysis When Converting a New York Office BuildingTwo realities are driving New York City’s office-to-residential boom: a growing inventory of underperforming office buildings, and a housing shortage projected to require 560,000-plus new units by 2030, according to a 2022 AKRF report prepared for the Real Estate Board of New…
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.
Santa Clara Office and R&D Campus Trades for More Than $300MEllis Partners and Boston-based investment manager The Baupost Group have finalized the purchase of Great America Commons, a pair of Class-A office and R&D buildings totaling approximately 635,000 square feet and located at 4555-4655 Great America Pkwy. in Santa Clara.
Cushman & Wakefield Brokers Sale of 87,030 SF Multi-Tenant Office Building in PhoenixPHOENIX — Cushman & Wakefield has arranged the sale of Fairmount Place, an 87,030-square-foot office property in Tucson. First & Center LLC sold the asset to Albuquerque SNF LLC for $11.5 million. Located at 4001 N. 3rd St., the four-story building is divided into 31 suites.
Chinatown Service Center Acquires 25,320 SF Office Building in San Gabriel, CaliforniaSAN GABRIEL, CALIF. — Chinatown Service Center, a nonprofit, has purchased an office building located at 526 W. Las Tunas Drive in San Gabriel from 211 LA for $8.2 million.
ESRT Offloads 250 W. 57th St. for $275MEmpire State Realty Trust, Inc. (ESRT) said Tuesday it had completed the disposition of 250 W. 57th St., a 540,000-square-foot office tower for $275 million. The sale price included the buyer’s assumption of $180 million of mortgage debt.