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Manhattan office building

Quadrature Establishes Presence in U.S. with Puck Building Lease

Quadrature signed a decade-long lease for 30,000 square feet of prime Manhattan office space on the fourth floor of Kushner Companies’ Puck Building. The company will be moving into space vacated by New York University, which decided to terminate its lease at 295 Lafayette St. after a 20-year stay.

suburban office facade

Travelers Insurance Leases 42,000-Square-Foot Office in Los Angeles County

Travelers is set to occupy more than half of the office space at 21680 Gateway Drive following a move from the neighboring 21688 Gateway Drive — an 81,000-square-foot office building that was part of the former Gateway campus.

two Manhattan west

BBVA Grows Manhattan Footprint with New, 74,000-Square-Foot Headquarters

BBVA will be relocating and expanding its offices to Two Manhattan West — a 1.9-million-square-foot, Brookfield Properties-owned building near Penn Station. The firm will take up 74,000 square feet of office space across the eighth and ninth floors to accommodate its staff of roughly 350 employees currently running U.S. operations.

electric car factory

Mullen Automotive Inks Lease for Orange County Warehouse

Mullen Automotive will occupy the former site of Kraft Heinz Lunchables in Fullerton, Calif. The company signed a five-year, triple-net lease deal with Link Industrial for a 121,615-square-foot warehouse at 1500 E. Walnut Ave. Negotiations on behalf of the landlord were conducted by a CBRE team consisting of Ben Seybold and Sean Ward. The lease rate was $2.01 per square foot.

office loan report

CommercialEdge Report Highlights Consecutive Waves of Maturing Debt Hitting Major U.S. Markets

A recent analysis by CommercialEdge of nearly 80,000 office properties in the United States, with a combined debt of $920 billion, revealed that 16% of all outstanding loans are expected to mature by 2024, with a second, larger wave of maturities totaling 33% by 2026. The majority of these maturing loans are located in major markets, with Manhattan, Class A properties, and urban areas leading the way.

offices in downtown Fort Lauderdale

CBRE Locks Down 2 New Leases at HS Capital’s Cypress Corporate Center in Fort Lauderdale, Fla.

HS Capital Fund secured two leases totaling 16,000 square feet at its newly renovated Fort Lauderdale, Fla., office space at the Cypress Corporate Center. One of them was for 6,166 square feet on the building’s fifth floor, which will be occupied by land-surveying consultancy firm Control Point Associates, while insurance brokerage Morgan Fidelity will move into a 9,906-square-foot office.

building facade detail

TEDCO Set for Move to New Headquarters in Downtown Columbia, Md.

TEDCO will occupy 9,258 square feet of space at 10960 Grantchester Way, leaving behind its current home at 7021 Columbia Gateway Drive. The move, which TEDCO had been building toward for more than a year, marks a downsizing from its previous 11,816-square-foot office as it adapts to a hybrid work model in the aftermath of the pandemic. If not for the early exit, TEDCO’s lease at 7021 Columbia Gateway would have expired in 2026.

aerial view of skyscrapers in Miami Wynwood District

MIAX Inks 38,000-Square-Foot Office Lease in Miami’s Wynwood District

Miami International Securities Exchange (MIAX) will be moving into a 38,409-square-foot office at 545wyn in Miami’s Wynwood Arts District. The lease — which will cover a full floor in the newly built, 10-story building — was confirmed by Juan Ruiz, vice chairman of Blanca Commercial Real Estate, who negotiated the deal on behalf of landlord and developer, Sterling Bay. The 270,000 square feet of office space at 545wyn is now 82% leased.

office buildings on Park Avenue

Iconiq Capital Doubles Manhattan Office Footprint

Iconiq’s move to a much larger Manhattan office is a sign of the rise of the wealth management industry. The San Francisco-based wealth management company is set to occupy 70,000 square feet of prime Midtown office space in the 20-story property, nearly doubling its footprint in the city.

Office buildings in Midtown - Lexington Avenue

Weill Cornell Medicine Adds 100,000 Square Feet to Its Midtown Lease

The biomedical research unit and medical school now occupies a total of 300,000 square feet of office space in Midtown Manhattan and is the largest tenant at the 35-story building.