Brokerage
Michael Ippolito: Workplace Changes Not Likely to Lead to Increased Office Vacancies
Las Vegas–Michael Ippolito, chairman, Global Corporate Services, of Newmark Grubb Knight Frank, argues that workplace mobility, shared work spaces and other such workplace trends are unlikely to shrink the overall demand for office space.
Craig Youst: Red Hat’s Approach to Workforce Mobility, ‘Supernucleus’
Las Vegas–Craig Youst, senior director of Global Workforce Solutions, Red Hat Inc., discusses the “supernucleus” concept and how far to take workforce mobility.
Citi Extends 2.6 MSF Lease Agreement at TriBeca Towers in NYC
An affiliate of Citigroup has signed an extension for its triple-net leases at 388 and 390 Greenwich St. in Manhattan’s TriBeCa neighborhood.
Tishman Speyer Signs Largest Lease Transaction in Firm’s History with Banco do Brasil
In the largest lease in Tishman Speyer’s history, Banco do Brasil will be taking all 953,000 square feet of office space in the developer’s three-building Green Towers Brasilia project, now underway in Brazil’s capital.
Valeant Takes 310 KSF Lease for New HQ in Bridgewater, NJ
Multinational pharmaceutical company Valeant Pharmaceuticals International is consolidating its multiple locations by moving into its new U.S. headquarters at Somerset Corporate Center IV, located in central NJ.
SL Green Signs 266 KSF Lease with MTA in Manhattan
With a new lease in place at Midtown Manhattan’s Graybar Building at 420 Lexington Ave., Metro-North Commuter Railroad Co. will continue to call the 1.2 million-square-foot skyscraper home, but it will be a much bigger home.
Jones Day Consolidates Offices into Lower Manhattan
Jones Day is making a bet on Lower Manhattan. The global law firm signed a 20-year, 330,210-square-foot lease that consolidates three New York City locations onto floors 27 through 34 of Brookfield Place.