Deals
WeWork Signs Full-Building Lease in NYC
The company will occupy the 138,000-square-foot office segment of the newly repositioned 609 Fifth Avenue building in Midtown Manhattan.
Valent Signs New Lease in San Ramon, CA
The company’s relocation to Canyon Corporate Park represents the consolidation of its Walnut Creek and Dublin operations. NKF arranged the deal on behalf of the landlord.
AREP Acquires PA Office Tower for $108M
The roughly 347,000-square-foot building is 15 miles from Philadelphia and features tenants such as Marsh & McLennan Cos., Allied Universal, Penn Mutual, AMG Funds and Airgas.
Fisher Brothers Inks Long-Term Park Avenue Lease
One William Street Capital Management will occupy the LEED Gold-certified building’s entire 25th floor, joining tenants such as Capital One, UBS and GoldPoint Partners.
Bixby Land Co. Sells San Diego Creative Office Park
The property known as The Oberlin traded for $20.4 million and encompasses more than 62,000 square feet in the city’s Sorrento Mesa submarket.
Assurance to Relocate HQ to Schaumburg, IL
The company leased 75,000 square feet of office space at one of Zeller Realty Group’s Woodfield Preserve Office Center. Jesse Van Dyke of JLL represented the tenant in the transaction.
Skanska Signs BP to Houston Office Complex
The energy giant’s BP Lower 48 affiliate will occupy 91,000 square feet at West Memorial Place, a LEED Platinum campus in the Energy Corridor submarket.
Arch Cos. JV Snags $63M Charlotte Office
The company teamed up with Lakestar Properties on the acquisition of Cambridge, a 350,000-square-foot property within the 2,200-acre University Research Park.
Woodbine Legacy Investments Pays $152M for LA DoubleTree Hotel
The new owner plans to spend as much as $35 million in renovations. The deal includes an adjacent site slated for office development.
Newmark Knight Frank Brokers Major Williamsburg Lease
Cornell Realty Group signed a 40,500-square-foot lease at a former industrial building. The five-story property will be redeveloped to include a new facade and modernized lobby and elevators.