Office
Read the latest real estate industry news with a focus on traditional office space leases, office property sale transactions, new office project construction and adaptive reuse repositioning programs, and more.
Boston Dynamics Inks Office Lease in Boston Submarket
The Boston Dynamics office lease is expected to begin occupancy in mid-2027, with the company planning to consolidate operations into a state-of-the-art robotics and AI center.
$138 Million Refinancing & Recapitalization Locked in for 370 Lexington Ave.
A $138 million refinancing and recapitalization has been finalized for 370 Lexington Ave., a recently modernized, 317,000-square-foot Manhattan, N.Y., office space within the city’s Grand Central submarket. The transaction was announced by the New York City-based real estate investment and development firm Broad Street Development (BSD) and real estate investment, development and operating firm KSR Capital.
Google Stays Put, Renews Lease at 315 Hudson St.
Google is maintaining its massive presence in Hudson Square, finalizing a renewal for its 410,556-square-foot headquarters at 315 Hudson St. This commitment underscores the technology giant’s ongoing Manhattan office space investments, even as it adjusts its broader real estate footprint.
Central Business Districts Feel the Brunt of Rising Office Distress
As flight-to-quality consolidates market demand into a limited pool of properties, buildings in central city cores are struggling to retain value. To capture remaining growth, property owners will need to prioritize asset flexibility to counter uncertainties from inflation and AI adoption, which will continue to drive both the ongoing flight-to-quality and the expansion of coworking spaces.
Best Coworking Spaces in Seattle
Seattle is one of the leading coworking markets on the West Coast, with over 40 active spaces stretching from the saltwater of Elliott Bay to the freshwater shipping…
Brooklyn Defender Services Inks Lease at Tishman’s The Wheeler
The Wheeler, Tishman Speyer’s office redevelopment in downtown Brooklyn, N.Y., has officially reached full occupancy following a massive new lease. Brooklyn Defender Services (BDS), a nonprofit organization that provides free legal representation, has finalized a 31-year agreement to occupy 212,000 square feet at 422 Fulton St. The organization’s new headquarters will span six full floors of the 10-story building.
Office Building Security: A Guide for Owners & Property Managers
The old model of office building security (a guard in the lobby, keys for tenants, and CCTV nobody watches until something goes wrong) is on its way out….
10 Profitable Tips for Negotiating an Office Lease
Commercial office leases aren’t set in stone, but plenty of tenants sign them as if they are. Reading the lease carefully is the bare minimum. Negotiating an office…
Wells Fargo Secures Refinancing for 2 Manhattan West
A joint venture between Brookfield and the Qatar Investment Authority (QIA) has secured a $1.9 billion CMBS loan to refinance 2 Manhattan West, the 58-story office tower that debuted in 2023. Newmark, led by Jordan Roeschlaub and Nick Scribani, arranged the financing, while Wells Fargo led the deal.
Drawbridge Realty Makes Splash in Nashville, Tenn., Office Market
Completed in 2017 as a build-to-suit for Bridgestone Americas, the tower includes 514,000 square feet of class-A+, LEED Gold-certified, Nashville office space.
