Office
Peloton to Relocate HQ to Hudson Commons
The global cycling equipment and technology company will occupy more than 300,000 square feet at the redeveloped 25-story building in Manhattan.
New Locales Are Prime for Amazon’s Dual HQ
NetCMG’s Jonathan Hipp points to the market-wide shifts that are already occurring in the wake of the e-commerce giant’s rise, accelerated by the company’s decision to split its new headquarters.
Where Are Transactions Moderating?
Supply has remained in check throughout the recovery, and overall fundamentals remain steady, although slowing deal flow may persist for some property types, according to Yardi Matrix’s Chris Nebenzahl.
Broadbridge Financial Signs Lease at Manhattan Tower
The global fintech firm will occupy 85,000 square feet at a 44-story, Fisher Brothers-owned building. The property underwent $25 million in capital improvements two years ago.
Skanska Tops Out Seattle Office Tower
The 2+U high-rise, taking shape above a plaza that will feature 17,000 square feet of retail and cultural space, will hover 530 feet over the city’s central business district.
Penumbra Expands CA Presence With Sacramento Lease
Penumbra will occupy more than 150,000 square feet at the Roseville Innovation Park. A joint venture between Farallon Real Estate Partners and Strada Investment Group owns the property.
Why Fundraisers Like the Value-Add Urban Office Sector
JLL Capital Markets Managing Director Nooshin Felsenthal analyzes the trends that are motivating more investors to target these opportunities this late in the business cycle.
Belgium Food Science Company Coming to Chicago
The firm will open an innovation center at Condor Partners’ Mural Park, an upcoming creative office building in Chicago’s Pilsen neighborhood.
Cook Regentec Opens Indianapolis Facility
The Cook Group company transformed a former beer warehouse part of 16 Tech Innovation District into a modern research and development facility.
Houston Office Tower Gets $147M Loan
Natixis originated the floating-rate loan for the refinancing of San Felipe Plaza, a Class A asset in the Galleria/Uptown submarket.