Brokerage
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.
Law Firm Renews Lease of 150 KSF Silicon Valley Office Building
Fenwick & West is staying put in its Silicon Valley digs at 400 Castro St. in Mountain View, Calif., for the long term. The law firm recently renewed its lease of every single square foot of office space at the 150,000-square-foot property with owner Tishman Speyer, making its downtown address permanent for the next 15 years.
Colliers: NYC Office Leasing Ahead of ’12; Sales Prices Near Peak
The largest U.S. office market is on a pace to record 26 million square feet of leasing activity; Class A Midtown sales prices top $1,100 per square foot.
Citycon CEO Campaigns for Retailer Expansion to Nordic Countries
Citycon CEO Marcel Kokkeel is on a mission. The leader of the Nordic- and Baltic-focused urban grocery-anchored shopping center owner wants to attract more global retailers to the region.
Guest Column: How E-Commerce is Changing the Face of Retail
John Morris, leader of industrial services for the Americas for Cushman & Wakefield, talks about the swift ramp-up in e-commerce and how it is impacting the industrial real estate sector.