Brokerage
Tech Office Leasing in NYC Continues at Torrid Pace
Office leasing in Manhattan by tech companies exceeded 1 million square feet for the ninth consecutive year, according to CBRE.
CBRE Brokers HQ Relocation for Jostens
Brian Fogelberg and Mark McCary directed the lease on behalf of the tenant. The new office spans across three floors at Minnesota Center.
Top 10 Office Buildings With Highest Vacancies in the Twin Cities
Large corporate tenants have left behind considerable blocks of vacant space in the suburbs and relocated closer to the downtown areas, while landlords were upgrading undesirable buildings within city limits in order to attract and accommodate tenant needs.
European Credit Agency Evaluates WeWork Growth
The report from Scope Ratings and Scope Risk Solutions examines the ability of the high-profile coworking space provider to maintain its growth rate and the risks it poses to building owners.
EDGE Fitness Expands into Michigan
The company will open two new clubs in Farmington Hills and Sterling Heights by the fourth quarter of 2019, as it works to expand into the Midwest and the Pennsylvania metro area.
Avison Young Completes Chicago Industrial Lease
The tenant, Cycle Logistics, is consolidating its distribution space by deciding to operate from Elk Grove Village, Ill. The landlord of the property is Ella Holdings.
Austin Office Lands Coworking Tenant
Spaces will be occupying 53,000 square feet of AFIAA’s 123,000-square-foot, Class A, five-story office building in the city’s central business district. This is the global coworking provider’s first Austin location.
WeWork Takes Full-Building Office Lease in Manhattan
The deal marks the shared office provider’s third lease at a Columbia Property Trust-owned building in the borough. The two companies intend to convert the 102-year-old property into boutique office space.
JLL Building in Pittsburgh Adds New Tenant
Texas-based Insperity has opened a new district office in Millcraft Investments’ LEED Silver certified office building, which also houses The Coury Firm and Merrill Lynch.
Knotel Signs Another Manhattan Lease
The coworking company signed an 11,940-square-foot, five-year lease in a GFP Real Estate-owned Chelsea office building, joining a roster of tenants including Breather and HSBC.