Business Specialties
Cosentini Associates to Relocate Manhattan HQ
The Tetra Tech company will take 60,000 square feet at 498 Seventh Avenue. A George Comfort & Sons joint venture owns the 25-story office building.
Paramount Group Signs First Republic to SF Lease Expansion
The financial services provider’s 515,000-square-foot lease at One Front Street accounts for 80 percent of the 38-story trophy tower.
CRE Investors Look Forward to Busy 2019 With Cautious Optimism
The latest survey on investor sentiment from NREI/Marcus & Millichap finds that investors expect an active year ahead but are taking a more conservative outlook.
TA Realty Pays $139M for LA County Office Tower
The subsidiary of The Rockefeller Group acquired the building in El Segundo, Calif., ahead of sole tenant Northrop Grumman’s lease expiry. VEREIT is the former owner of the 340,000-square-foot tower.
Bank of America Renews 545 KSF Lease at Boston Tower
Boston Properties inked a 15-year agreement at 100 Federal Street in the city’s financial district. The tenant’s contract was scheduled to expire in 2022.
Howard Hughes Corp. Wraps Houston Build-to-Suit Development Deal
Alight Solutions will occupy the 180,000-square-foot, four-story building within the Research Forest technology corridor in The Woodlands under a long-term agreement.
World’s Tallest Modular Hotel Advances in NYC With $65M Loan
The 168-key AC Hotel New York NoMad, a Marriott-branded asset, is set to open in Manhattan in late 2020, with stacking slated to begin this fall.
COPT to Build AL Campus for Aerospace Company
The four-building property at Redstone Gateway in Huntsville will house Yulista Holding, an Alaska-based defense contractor that intends to relocate its headquarters.
Greater NYC Area Leads U.S. in Retail Construction
While new building activity declined in the five boroughs over the last few years, it increased in the suburbs, according to a new report by the New York Building Congress.
6 Questions for FCP’s Steve Walsh
Recently named principal & chief credit officer at the real estate investment management firm, Walsh shares his views on capital markets trends, challenges and the late-cycle economy.