Office Market
Report: Modest decline in demand, but pharma market remains strong in NJ
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The pharmaceutical and life sciences industry, a long-time driver of New Jersey’s commercial real estate, continues to boost the state’s economy and office
Office Market
Investment advisors renew at 650 Fifth
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TGM Associates, a New York based investment advisory firm, has renewed its 11,280 s/f lease at 650 Fifth Avenue in the Plaza District. The announcement
Office Market
Report: Slow recovery continues to impact NJ office market
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New Jersey’s office and industrial markets showed an uptick in activity in 2012’s fourth quarter, and while it wasn’t enough to completely offset a lackluster
Featured
Co-working grows up after WeWork drama
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Melanie Gladwell of Cushman & Wakefield with coworking and flex leaders (L-R) Dan Zakai, John Arenas, Enrico Sanna, Ryan Simonetti, Andrew Kupiec
Deals & Dealmakers
Pharma giant Valeant expands to 620,000 s/f at SJP Corporate Center
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SJP Properties announced that Valeant Pharmaceuticals International, Inc. has doubled the size of its office space at Somerset Corporate Center in Bridgewater
Office Market
Citizen Bank signs full-floor Madison Avenue lease with William Kaufman Organization
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The William Kaufman Organization announced that it has finalized another full floor office lease at 437 Madison Avenue, a 40-story, 850,000 s/f building
Deals & Dealmakers
Columbia Property Trust closes on $87.7M acquisition of 149 Madison Ave.
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Columbia Property Trust has closed on its $87.7 million purchase of 149 Madison Avenue, its fourth Midtown South acquisition this year. Scooping up the
Debt & Equity
Co-working company Servcorp gets $30M cash injection
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Servcorp, a global provider of luxury flexible workspace, announced a $30 million investment in co-working, modern design augmentations and enhancements
Office Market
L&L Holding launches marketing, leasing campaigns for Ironworks in Chelsea
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L&L Holding Company has launched a marketing and leasing campaign for Ironworks at 511 West 25th Street, its renovated office property in Chelsea’s
Construction & Design
Harvard fuels fire against open offices, advocates hold steady
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There are two dominant trends in today’s office market and one, the use of open layouts, seems to run counter to the other; appealing to talent.
Featured
Millennial migration changing workplace norms
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The nation’s biggest corporations are on the move, setting up offices and headquarters in major cities as well as second- and third-tier metro markets
Deals & Dealmakers
Marcus Partners pays $54.5M for stake in Midtown South venture
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Marcus Partners has purchased a share of two Midtown South office buildings for $54.5 million. The Boston-based investment firm has entered a joint venture