Alexandra Farcas
Alexandra is a staff writer and communications specialist at CommercialCafe, covering commercial real estate trends, news and tips. Her work can also be found on the PropertyShark blog, where she usually writes about the latest office deals. Alexandra’s articles have been featured by Bustle, NBC Washington, Thrive Global, the Boston Business Journal, The Durst Organization, Philly Mag, HR Dive.
Blackstone Expands Footprint at 345 Park Avenue
Blackstone is expanding its New York City headquarters at 345 Park Avenue. The giant signed a seven-year lease for an additional 149,000 square feet of Midtown Manhattan office space here, according to the owner, Rudin Management. The 1.9 million-square-foot, 44-story building at 345 Park Avenue boasts a LEED Gold Certification. Blackstone has been a tenant…
Signature Bank Expands Footprint at 1400 Broadway
This week, Signature Bank inked a lease for an additional 20,691 square feet of Midtown Manhattan office space at 1400 Broadway, according to the landlord, Empire State Realty Trust. The deal brings the bank’s footprint at this location to a total of 111,872 square feet. In September, Signature Bank signed a 15-year lease for 91,980…
Industrious Nabs First Glendale Location at 500@TheBrand
Industrious has signed a deal with Granite Properties for 24,000 square feet of Los Angeles office space at 500 North Brand Boulevard in Glendale. The firm plans to open a coworking spot here in June next year, taking over the entire 20th floor, as well as half of the 21st floor in the 23-story building….
Netflix Continues Hollywood Expansion at KRC’s Academy on Vine
Netflix continues its expansion in Hollywood, signing a lease with Kilroy Realty Corp. for the entire 355,000 square feet of Los Angeles office space at Academy on Vine. The world’s leading content-streaming company is set to occupy all three office buildings currently being built on the property. The Academy on Vine is a mixed-use project,…
Bloomberg Renews Lease at 120 Park Avenue
Bloomberg L.P. has recently renewed the lease for its 468,000 square feet of Midtown Manhattan office space at 120 Park Avenue. Former Mayor Michael Bloomberg’s media company will stay for at least another ten years in the building next to the Grand Central Terminal. The 630,000-square-foot, class A+ office property at 120 Park Avenue is…
Law Firm Moses & Singer to Stay in the Chrysler Building for Another 15 Years
Law firm Moses & Singer renewed its lease at the Chrysler Building, planning to remain in the iconic NYC tower for another 15 years. The deal also allows for the 73,485 square feet of Midtown Manhattan office space it currently occupies there to be modernized and redesigned. The 1.3 million-square-foot, LEED Gold-certified skyscraper at 405…
Williams Lea Tag Takes 31K SF at The New York Times Building
Marketing and communications company Williams Lea Tag has recently inked a lease for 31,058 square feet of Manhattan office space at The New York Times Building. The U.K.-based firm plans to relocate some of its New York City offices there. The 52-story, class A+ building at 602 8th Avenue is owned by Forest City Realty…
BounceX Takes 79K SF at 1WTC, Leaves The New York Times Building
Bounce Exchange, known as BounceX, will relocate its headquarters from its current location at 620 8th Avenue to One World Trade Center. The marketing technology firm signed an 11-year lease for 79,118 square feet of Financial District office space. Currently the tallest building in the Western Hemisphere, the 3.1-million-square-foot, LEED Gold-certified One World Trade Center…
Lockton Inks Lease for New Pacific HQ at DTLA’s 777 Tower
Insurance brokerage firm Lockton has recently signed a lease for 70,000 square feet of Los Angeles office space at 777 South Figueroa Street. The company plans to relocate from its current offices at the Ernst & Young Plaza in February next year. The 52-story building known as the 777 Tower boasts a LEED Gold certification…
WeWork Snatches Another 93.5K SF at Pacific Design Center
WeWork is expanding its footprint at Pacific Design Center, taking an additional 93,500 square feet of Los Angeles office space there. The company, which recently became Manhattan’s largest office tenant, more than doubled its space at the 14-acre campus in West Hollywood. Signing a 15-year lease, the coworking firm is set to occupy 39,000 square…
SeatGeek to Relocate HQ to 902 Broadway
Last week, SeatGeek announced it will be relocating its headquarters to 72,800 square feet of Midtown Manhattan office space at 902 Broadway. The company, which helps fans buy and sell sports, concert and theater tickets through their mobile-oriented online platform, will be moving out of its previous location at 400 Lafayette Street. According to a…
A24 Signs Lease for 25K SF at Pacific Design Center’s Red Building
A24 will relocate its offices to the Red Building of the Pacific Design Center. The independent entertainment company behind “Moonlight” is set to occupy 25,000 square feet of Los Angeles office space there. Located at 750 North San Vicente Boulevard, the 400,000-square-foot Red Building is the newest of the three office buildings that make up…
Spaces Takes 99K SF in Redesigned Art Deco Car Showroom
Coworking provider Spaces has recently signed a lease for 99,000 square feet of Manhattan office space at 787 11th Avenue. A former Packard car showroom, the building is currently undergoing major renovations and will soon house high-end offices as well. Originally designed by American architect Albert Kahn in 1929, the Art Deco building at 787…
citizenM Opens New, One-of-a-Kind Hotel in NYC’s Bowery
citizenM returns to NYC with a brand-new, 300-room hotel at 189 Bowery. Launched September 12, citizenM Bowery is not only home to a unique Museum of Street Art, but also boasts the title of the world’s largest modular hotel. Its counterpart, the 230-room citizenM Times Square, which opened in 2014, is the only other citizenM…
ICBC Inks Lease for 100K SF at 1185 Sixth Avenue
The Industrial and Commercial Bank of China has recently signed a lease at SL Green Realty Corp.’s 1185 Avenue of the Americas. China’s largest bank will occupy a little under 100,000 square feet of Midtown Manhattan office space at this new location. Financial details of the deal were not made available, but The Real Deal…
StarPoint Nabs Beverly Hills Wells Fargo Building for $193M
Real estate company StarPoint Properties has purchased the 12-story Beverly Hills office tower at 433 North Camden Drive for $193 million, around $930 per square foot. The property, also known as the Wells Fargo Building, will undergo renovations to include new retail and dining spaces. Built in 1972, the 207,432-square-foot building is located only three…
NYPD Close to Signing Lease for More Space at 375 Pearl Street
The New York Police Department is close to signing a lease for 106,000 square feet of Manhattan office space in the Verizon Building at 375 Pearl Street. City Hall will complete the deal after the Department of Citywide Administrative Services (DCAS) hosts a public hearing about it on September 8. The law enforcement agency will…
CBRE Global Investors Relocates to Figueroa at Wilshire
CBRE Global Investors has recently signed a lease for 32,000 square feet of Los Angeles office space at 601 South Figueroa Street. The independently operated affiliate of the CBRE Group will relocate its headquarters from City National Plaza at 515 South Flower Street to Figueroa at Wilshire by January 2019. Moving one block away from…
Spotify to Move Regional HQ to LA’s Arts District
Music streaming giant Spotify has recently signed a lease for 110,000 square feet of Los Angeles office space at the At Mateo office complex in the Arts District. The Swedish-based company will relocate approximately 120 employees from 9200 Sunset Boulevard in West Hollywood, where it occupied only 8,200 square feet, to its new regional headquarters…
Digital Advertisement Firm Undertone Signs Lease for New HQ at 1WTC
Undertone, a leader in digital marketing, announced it will be moving headquarters from its current location at 340 Madison Avenue to part of the 77th floor of One World Trade Center. The company has recently signed a seven-and-a-half-year lease for 25,550 square feet of Financial District office space. The move is expected to happen in…
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