Tag Archives: Office

Bigger Leases and Pricier Deals Mark Manhattan’s Office Market This Year

Shared work spaces, a rezoning of the eastern part of midtown Manhattan that may add 6.8 million square feet of commercial space, and development of the Hudson Yards district are shaping a surging office market this year in New York City. According to CoStar data, no fewer than 26 office leases have been signed in

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Facebook Takes 436,000 SF in San Francisco’s Largest Office Lease Since 2014

Facebook, Inc. has leased all 436,000 square feet of office space at developer Jay Paul’s 181 Fremont St., a 70-story office tower under construction in downtown San Francisco across from the Transbay Transit Center. The social media giant leased the space for about $ 80 per square foot and will occupy the entire office portion

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Ivanhoe Cambridge, Callahan Capital Acquire Manhattan’s 85 Broad St. in Latest Office Buy

Montreal-based Ivanhoé Cambridge, Inc. and its investment partner, Callahan Capital Properties (CCP), have acquired the 30-story, 1.12 million-square-foot 85 Broad St. in New York City for approximately $ 650 million, or about $ 580 per square foot, from a joint-venture between MetLife Real Estate and Beacon Capital Partners. MetLife previously owned the tower before bringing

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