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McDermott Will & Schulte Signs 150,000 SF Office Lease in Midtown ManhattanNEW YORK CITY — McDermott Will & Schulte has signed a 150,000-square-foot office lease in Midtown Manhattan. The global law firm will occupy the entirety of floors 31 through 37 at 343 Madison Avenue, a 46-story, 930,000-square-foot building that is currently under construction.
Representative imageFoundation 8 Receives $44.5M Loan for Office Component of Mixed-Use Tower in Downtown PhoenixPHOENIX — Foundation 8 has received a $44.5 million loan secured by the office component of 333 N. Central Avenue, a mixed-use tower in downtown Phoenix.
Investor Group Picks Up 192K-SF Sandy Springs Office ParkArdent Properties traded the Century Springs Office Park in Sandy Springs for $20.75 million.
Luxury Marriott Hotel Will Take Space In Charlotte Office ConversionA Marriott W Hotel will anchor a 1970s tower conversion project in Charlotte.
Diptyque Signs Full-Floor Lease in North American Headquarters MoveGeorge Comfort & Sons and building owner Wohio Holding Inc. announced a new lease agreement with Diptyque at 16 East 34th St., a newly renovated office and retail building located between Madison and Fifth Avenues in Murray Hill.
Tishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office TowerThe developer recently collected a $1B dividend for The Spiral, its first project in the neighborhood.
Capital Legacy Partners Picks Up 70K-SF Office Complex in The WoodlandsRycore Capital traded Venture Tech VIII, a 70,000-square-foot office building in The Woodlands, Texas. Capital Legacy Partners was the buyer. Built in 1998, Venture Tech VIII is 87.3% leased with a weighted average lease term of 3.9 years.
French Perfume Brand Diptyque More Than Doubles NYC Footprint at 16 East 34th StreetDiptyque, the French luxury brand known for its scented candles and perfume, is more than doubling its New York City office footprint in a move to Manhattan’s Murray Hill, Commercial Observer has learned.
333 N. Central Office Investor Snags $44.5M FinancingFoundation 8 and Hilco Global Real Estate Capital closed a $44.5 million loan secured by the office component of 333 N Central Avenue, a mixed-use tower in Downtown Phoenix.
Spandrel, 7G Group to Add W Hotel as Anchor for Uptown Charlotte Tower RedevelopmentCHARLOTTE, N.C. — A partnership between Spandrel Development Partners and 7G Group has announced plans to add a 200-room W Hotel to 400 South Tryon, a redevelopment of a 1970s-era office tower in Uptown Charlotte.
Representative imageBWE Secures $71M in Acquisition Financing for Las Vegas Multifamily PortfolioLAS VEGAS — BWE has secured $71 million for the acquisition of 536 multifamily units in Las Vegas. Jake Roberts of BWE originated the financing on behalf of a high-net-worth family real estate office and a longtime client of BWE.
Representative imageGlobal Holdings Receives $382.4M Loan for Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — Locally based owner-operator Global Holdings has received a $382.4 million loan for the refinancing of 120 Park Avenue, a 620,000-square-foot office building in Midtown Manhattan. Wells Fargo and LBBW co-provided the loan.
Charles Cohen Plans $350M Office Project After Resolving Debt OrdealThe billionaire has put a $187M obligation behind him and is now taking on new projects.
Anthropic Doubling Local Presence With Cambridge Office LeaseAnthropic signed a 24K SF office lease that will allow it to more than double its presence from its current WeWork space.
Investment Firm 26 North Takes 84K SF at LeFrak TowerCBRE has completed two new office leases totaling 104,750 square feet at 40 W. 57th St., an office tower owned by LeFrak. Alternative investment management firm 26 North signed an 84,000-square-foot, 13-year lease, while Mack Real Estate Group committed to 20,750 square feet.
Law Firm Thompson Relocates to 4K SF at Cohen Brothers’ 622 Third AvenueThis law firm finds its new office very appealing.
ISO New England Taps Erland Construction for Holyoke Campus ExpansionErland Construction, in collaboration with Northstar Project & Real Estate Services and Interior Architects, has been selected by ISO New England to construct a new 78,500-square-foot office building on the organization’s Holyoke, MA campus.
AI Real Estate Platform Orbital Leases 11K SF at 40 West 25th StreetAn artificial intelligence platform used to aid real estate attorneys is relocating its Manhattan office just a few blocks north, Commercial Observer has learned.
Representative imageLarken Associates Completes Renovation of 67,040 SF Office Building in Flemington, New JerseyFLEMINGTON, N.J. — Locally based owner-operator Larken Associates has completed the renovation of Raritan Commons, a 67,040-square-foot office building in Flemington, about 60 miles southwest of Manhattan.
The Plan: 360 Lexington Avenue Has Been ‘Completely Reinvented’If it’s been said once, it’s been said 1,000 times: Employees need a compelling reason to return to the office. At 360 Lexington Avenue, they are offered exactly that.