Brokerage
New York City’s Health System Lands $758M Lease
The largest public health care system in the nation signed a 25-year lease for more than 500,000 square feet of office space in the Financial District.
Net Lease Retail Cap Rates Flat in Q4, Up for the Year
Industry participants expect an active market in 2019, as well as higher acquisition yields, The Boulder Group reports.
Bond Collective Enters Houston Market
The coworking firm signed a lease for more than 25,000 square feet at Pennzoil Place, an iconic high-rise in the city’s CBD. Transwestern and Cushman & Wakefield assisted the parties in the deal.
Artisan Ice Cream Company to Add New Locations in NYC
Van Leeuwen signed six 10-year leases, planning to occupy spaces ranging between 500 to 1,700 square feet across Manhattan and Brooklyn.
Law Firm Inks 102 KSF Lease in Atlanta
Cushman & Wakefield arranged the lease for the 125-year-old Atlanta-based global client, in one of 2018’s largest Midtown leases.
WeWork Inks 236 KSF Lease in New York City
The coworking giant’s lease makes up nearly a third of CIM Group’s 1440 Broadway. WeWork will also get a private entrance and lobby at the building.
Urban Outfitters Inks 310 KSF Industrial Lease in PA
The 309,000-square-foot facility is being developed by Herring Properties in Bucks County, Pa., and is slated for completion by mid-year 2019.
Faith Hope Consolo, NYC Retail Leader, Passes Away
The chairman of Douglas Elliman Real Estate’s retail division had an international roster of clients and was a consultant to the City of New York on the revitalization of Times Square.
WeWork Expands VA Footprint
The company is set to occupy more than 80,000 square feet at CEB Tower at Central Place in Rosslyn, a JBG Smith property.
Cushman & Wakefield Brokers Shopify’s 434 KSF Toronto Lease
The e-commerce platform signed a long-term lease at downtown Toronto’s newest mixed-use development, The Well. Since 2013, the global real estate services firm has represented Shopify in several other deals.