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.
Blue Owl Capital Grows Presence at Seagram Building
Blue Owl Capital has significantly expanded its footprint at RFR Holding’s iconic Seagram Building. The firm renewed its existing lease for 168,597 square feet on floors two through six and added an additional 70,076 square feet on floors 16 through 19.
Workbox Moves Chicago HQ to Fulton Market
Workbox moves its headquarters to Fulton Market, a vibrant hub for small early- and growth-stage businesses, which also makes up the majority of the firm’s clients.
Clarion Partners Secures Refinancing for Boston-Area Life Sciences Property
Clarion Partners has secured a $94 million loan to refinance Linx, a 185,000-square-foot, Class A life sciences property that opened six years ago in Watertown, Mass., a suburb of about 35,000 people eight miles west of downtown Boston.Â
Expansive Opens 7th Coworking Space in Chicago
The new Chicago flexible office space hub offered by Expansive at Two Pru in the city’s lakefront east business district will open officially in October and provide everything from private office suites to coworking desks and one-day office memberships.
Vita Coco Relocates Headquarters to Flatiron District Office
Vita Coco has signed a 22,530-square-foot, decade-long lease for its new headquarters at 111 Fifth Ave. in Manhattan’s Flatiron District. The new location is just a short walk from the company’s current headquarters at 250 Park Ave. S. Both office buildings are situated near Union Square, which has recently attracted the attention of several large tenants.
Bridgewater Associates Expands to Manhattan With New Office Lease
Bridgewater Associates is poised to establish its first U.S. office outside of its Connecticut headquarters in Westport. The firm is reportedly close to finalizing a lease for office space at 295 Fifth Ave. in Manhattan between 31st and 30th streets.
Boulder, Colo., Suburb Redtail Ridge Innovation Campus Gets Green Light
The City of Louisville, CO has approved phase one of the Redtail Ridge innovation district project, which aims to deliver new life sciences and office space to the Boulder, CO metropolitan market.
Yeshiva University Signs New Office Lease in Manhattan to Expand Health Sciences Programs
JEMB fills the office space left vacant in 2022 with a new lease taken on by Yeshiva University, which will be adding 160,000 square feet of prized Manhattan office space to its footprint in the city.
Texas Research Quarter Clears 1st Hurdle to Development
NexPoint’s redevelopment of the former EDS campus in Plano received city approval and a tax increment reinvestment zone benefit for phase one and seeks additional funding facilities before desired construction start in 2025.
Christie’s Signs New Lease at Rockefeller Center
Renowned auction house Christie’s has renewed its 25-year lease at Rockefeller Center in New York City. The decision to stay put at its 400,000-square-foot headquarters came after careful consideration of relocation options.
