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Carr Workplaces Reopens Renovated Midtown Manhattan Coworking Location
The newly renovated coworking and shared office space reopens with a wealth of top-tier amenities and facilities designed to meet hybrid work and diverse other professional workspace needs.
46Labs Opens New Office Space in Dallas
46Labs begins new phase of growth in its new and larger office space in Dallas’ West End, located in the industrial-to-office redevelopment project dubbed Factory Six03 on Munger Avenue.
Penzance Expands Industrial Portfolio With $55 Million in Northern Virginia Purchases
The $55 million acquisition included Gateway Centre in Northern Virginia — a 102,277-square-foot industrial flex building constructed in 1988 and located at 7201-7401 Gateway Court — and Linden Business Center, a similarly sized, 109,809-square-foot property at 7245-7795 Coppermine Drive that was built in 2001. The assets total 212,086 square feet and were sold by a partnership between Davin Holdings and The Davis Companies.
Aphorio Carter Expands Data Center Portfolio in Kentucky
Aphorio Carter makes eighth and ninth data center acquisitions since the company founding in 2022, now totaling nearly $240 million in total assets under management.
Global Holdings Locks In 31,000-Square-Foot Lease Expansion at 99 Park Ave.
Having outgrown its current headquarters at 200 Madison Ave. (for which it had originally signed a decade-long agreement in early 2022), Garan is now leasing the entirety of the 31,663-square-foot sixth floor at 99 Park Ave., a property managed by Global Holdings Management Group. This expansion complements Garan’s existing 31,754-square-foot space on the property’s seventh floor to bring its total footprint to 63,417 square feet.
Newmark Signs Renewal With SL Green, Doubles Footprint at 125 Park Ave.
SL Green, the dominant office landlord in Manhattan, has finalized a 15-year, 144,418-square-foot renewal and expansion lease with Newmark at 125 Park Ave.
HuFriedyGroup Inks Lease at Logistics Center in Glenview
Dental instrument manufacturer leases full building at Dermody’s Glenview industrial logistics facility north of Chicago. One of the several campus buildings still in development has also been pre-leased.
Office Pipeline 2025: Construction Slowdown Expected to Stabilize Vacancy Rates
Following a 44% year-over-year drop and standing at an estimated 55 million square feet, the total volume of U.S. office space under construction this year is the lowest it’s been in a decade. Even so, a look at construction activity across U.S. markets reveals Boston’s continued dominance (8.7 million square feet), despite the shrinking pipeline.
M2G Ventures Buys Industrial Park in North Dallas Submarket
The property incorporates more than 180,000 square feet of north Dallas industrial space and was reportedly nearly 100% leased at the time of sale.
Amazon Partners With WeWork to Expand Footprint at Five Manhattan West
Amazon and WeWork are partnering again, this time at Five Manhattan West in Hudson Yards. The coworking firm has executed a 112,265-square-foot sublease at the Brookfield Properties-owned office building for the e-commerce giant to secure space that was previously held by the Interpublic Group of Companies.
