Development

Santander Bank has opted to remain at its current U.S. headquarters, located at 437 Madison Ave. The Spanish financial institution has finalized a seven-year lease renewal for 191,667 square feet, encompassing floors five through 10 of Sage’s 40-story office tower…

Commercial real estate investment firm Milan Capital Management (MCM), with institutional middle-market real estate investment manager Arc Capital Partners (Arc), recently announced the signing of a new tenant at The Plant Shopping Center in south central San Jose, Calif. The…

Flexible office solutions provider Carr Workplaces recently reopened its Manhattan shared office space near Central Park. Located at 745 Fifth Ave., Suite 500, the hub is at the heart of Midtown Central and offers an impressive array of modern amenities…

Locally based communications management provider 46Labs recently announced the opening of its new location in Dallas’ historic West End. Marking a significant milestone in the company’s ongoing growth, the new office will serve as a hub for innovation and connection,…

Recently, we looked at how commute times had changed across the 50 largest cities in the U.S. since the workforce distribution has become more hybrid than remote. In doing so, we found that, nationwide, the expected correlation between remote work and commute…

Penzance has expanded its holdings by purchasing a portfolio of six industrial properties in Manassas, Va., and has subsequently engaged JLL to manage the leasing of available space. The transaction was facilitated by a JLL Capital Markets team consisting of…

Tampa, Fla.-based Aphorio Carter Critical Infrastructure Fund, LLC recently announced the purchased of two new data center properties. The Carter Funds investment company paid a combined purchase price of approximately $35 million for the Louisville Data Center in Louisville, Ky.,…

Jeffrey Gural, Chairman of GFP Real Estate LLC For our latest interview in the Expert Insights series, we had the pleasure of chatting with Jeffrey Gural, chairman of GFP Real Estate LLC (formerly Newmark Holdings and Newmark Knight Frank). Gural…

Garan, the Berkshire Hathaway-owned children’s apparel company, is significantly expanding its New York City presence, effectively doubling its office space in Manhattan. Having outgrown its current headquarters at 200 Madison Ave. (for which it had originally signed a decade-long agreement…

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. Newmark’s history with the building dates back to the mid-1990s, when it initially occupied only 47,000 square…