Office
Law Firm Proskauer Inks 400,000 SF Times Square Lease – Largest in Midtown Manhattan in Two Years
In what may be a continuing trend of companies taking more space as a recovery gains solid footing, global law firm Proskauer has signed a lease for more than 400,000 square feet at 11 Times Square in midtown Manhattan.
Bain Capital Leases 208,000 SF at Boston’s John Hancock Tower
Private investment firm Bain Capital has signed a 15-year lease spanning at least seven contiguous floors of the John Hancock Tower, Boston’s tallest office tower.
AMB Leases 234,600 SF to UMA Enterprises
Owner, operator and developer of global industrial real estate AMB Property Corporation has leased 234,600 square feet to UMA Enterprises, a home-furnishings importer and wholesaler.
In Deals Totaling $1B, SL Green Buys and Sells Prime Midtown Manhattan Office Properties
New York City’s largest office landlord is taking no prisoners in Midtown Manhattan.
Canon Kicks Off $636M Development of HQ on Long Island
After three years of planning, Canon U.S.A. Inc. has just broken ground on its new 1.2-billion-square-foot headquarters in Melville, N.Y.
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.
Premier 163,000-SF Office Building in Houston’s Energy Corridor Changes Hands
A bevy of eager investors took a great deal of interest in acquiring One Park 10 Plaza in Houston’s desirable Energy Corridor, but it was Beacon Investment Properties Inc. that emerged victorious.
Rockefeller to Build on 23.6-Acre Southern California Site
Rockefeller Group Development Corporation has received entitlements for the construction of the Rockefeller Group Professional Center on an approximately 23.6-acre site in Torrance, Calif.
Nokia Takes 200,000 SF Near San Diego
Mobile phone supplier Nokia has leased a newly constructed 196,742-square-foot office tower at Summit Rancho Bernardo, located in northern San Diego County. The company plans to occupy the space beginning September 2010.
CBRE Receives More than $2B in Offers for Calif. Office Portfolio
Cash-strapped California has at least one reason to smile: CB Richard Ellis has received more than 300 offers to purchase and lease back 11 state office properties on behalf of the California Department of General Services.