Northeast
JLL Nails Down 64,821 SF Lease in NYC for Piper Jaffray
Piper Jaffray will occupy the entire twelfth floor of the building as well as a portion of the eleventh floor, consolidating its operations from two separate Manhattan sites.
Zaid Joins Sierra as SVP
Zaid previously served as an owner’s representative at A.S. Realty Partners, where he negotiated $37 million in sales and managed $14 million in construction projects.
1.7M SF Mixed-Use Life Sciences Project in Boston Area Gets Final Zoning Approval
Alexandria Real Estate Equities Inc. has received final zoning approval from the Cambridge Planning Board for its Binney Street Project, a 1.7 million-square-foot mixed-use office and laboratory development in East Cambridge, Mass.
USAA Adds 225,610 SF to Retail Portfolio
Wampanoag Plaza was sold by New York-based Emmes Asset Management Company and is currently 97 percent leased to 11 tenants.
Four Leases Totaling 79,500 SF Signed at Seaport Center Boston
The Beal Companies L.L.P. and Rockport Group L.L.C. inked deals with Monster.com and Verizon for 28,000 square feet each, Altran Solutions for 13,500 square feet, and Interaction Associates for 10,000 square feet.
Manhattan Office Building Attracts 105,000 SF Nonprofit Tenant
Things are definitely looking up in the Manhattan office market.
Tiffany & Co. to Consolidate in 260,000 SF at 200 Fifth Avenue
Tiffany & Co. just signed a deal to occupy 260,000 square feet of office space in the jewel of a building at 200 Fifth Avenue in Manhattan’s Flatiron District. The new 15-year lease agreement with property owner L&L Holding Co. will allow Tiffany to unite employees at the company’s three headquarters locations under one roof.
SL Green to Shell Out $193M for Manhattan’s 600 Lexington
SL Green Realty Corp. is about to pump up its enviable Manhattan office portfolio with the addition of the 303,500-square-foot tower at 600 Lexington Ave. While not one of those highly anticipated “fire sale” deals that never quite materialized in the commercial real estate market, it is still a good buy.
Richards Barry Joyce Brokers 100,000 SF Lease Renewal for TA Associates
Commercial real estate advisory firm Richards Barry Joyce & Partners LLC said Tuesday that it represented TA Associates Realty in a 100,884 square-foot lease renewal with Dynagraf, Inc. in Canton, Mass.
Higher Vacancy, Lower Rents in Greater Boston Office Market
Optimism mixed with some glum news for the Greater Boston office market made itself apparent in Richards Barry Joyce & Partners’ OfficeSTATus report for Spring 2010.