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Knotel Expands Manhattan Presence
The flexible office space provider added 80,650 square feet in the downtown area, signing a new lease at a 32-story office tower.
Portland Office Campus Trades for $118M
Goldman Sachs Merchant Banking and Lincoln Property Co. bought Field Office a year after its completion. The seller and developer was a joint venture of Project^ and National Real Estate Advisors LLC, which was represented by Newmark Knight Frank.
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.
OakPoint Acquires Austin Office Asset
The firm purchased Westlake Place, a five-story property in southwest Austin, from Moore & Associates. HFF arranged acquisition financing on behalf of the buyer.