Office

Bromley Cos. Completes $100M Renovation of Office Building in Manhattan’s Union Square

by Taylor Williams July 26, 2023

NEW YORK CITY — Locally based owner-operator Bromley Cos. has completed the $100 million renovation of 122 Fifth Avenue, a 300,000-square-foot office building in Manhattan’s Union Square neighborhood. The repositioning added a new rooftop pavilion and bike storage room, enhanced the office and retail suites and upgraded the building infrastructure. According to New York Post, Microsoft anchors the building’s office space, having taken occupancy of floors six through 10 following completion of the project. Bromley Cos. first purchased 122 Fifth Avenue in 1979.

July 26, 2023

Leasing Activity New York Northeast Office

Legal Aid Society Signs 72,091 SF Office Lease Renewal in Downtown Manhattan

by Taylor Williams July 26, 2023

NEW YORK CITY — The Legal Aid Society has signed a 72,091-square-foot office lease renewal at One Seaport Plaza in downtown Manhattan, where the social justice firm has operated its headquarters for the past 20 years. The 1.1 million-square-foot building was constructed in 1984. Adam Rappaport and Brett Greenberg represented the landlord, Jack Resnick & Sons, in the lease negotiations on an internal basis. Craig Reicher and Christopher Mansfield of CBRE represented The Legal Aid Society.

July 26, 2023

Leasing Activity Office Texas

Preston Hollow Community Capital Relocates Office Headquarters to Uptown Dallas

by Taylor Williams July 25, 2023

DALLAS — Financial advisory firm Preston Hollow Community Capital has relocated its office headquarters from Comerica Bank Tower to PwC Tower at Park District in Uptown Dallas. The space overlooks Klyde Warren Park and spans 15,000 square feet. The firm’s new headquarters space on the sixth floor was designed by BHA and built out by Metroplex General Contractors. Scott Hage of JLL represented the tenant in the lease negotiations. MetLife Investment Management owns the 20-story, 500,000-square-foot building.

July 25, 2023

Leasing Activity New York Northeast Office

Center for Reproductive Rights Signs 35,995 SF Office Lease Renewal in Downtown Manhattan

by Taylor Williams July 25, 2023

NEW YORK CITY — The Center for Reproductive Rights has signed a 35,995-square-foot office lease renewal at One Seaport Plaza in downtown Manhattan, where the global human rights organization has operated its headquarters for the past 10 years. The new lease term is 15 years. The 1.1 million-square-foot building was constructed in 1984. Adam Rappaport and Brett Greenberg internally represented the landlord, Jack Resnick & Sons, in the lease negotiations. Daniel Horowitz, Jeffrey Peck, Ira Schuman and Stephan Steiner of Savills represented The Center for Reproductive Rights.

July 25, 2023

Leasing Activity Office Texas

J.C. Penney Reopens 320,000 SF Office Campus in Plano, Welcomes Back 2,000 Associates

by Taylor Williams July 24, 2023

PLANO, TEXAS — J.C. Penney has reopened its 320,000-square-foot corporate office at The Campus at Legacy West (CALWest) in Plano, welcoming back some 2,000 associates in the process. The department store chain originally opened in CALWest campus in 1992 when it relocated to Texas from New York City, but the offices were largely shuttered after J.C. Penney filed for Chapter 11 bankruptcy protection during the early days of the COVID-19 pandemic. The office now features an open floor plan to encourage collaboration among employees, who will also have access to amenities such as pickleball courts, an arcade, fitness center and a golf simulator. J.C. Penney first re-affirmed its commitment to the space in March 2022 by signing a new lease.

July 24, 2023

Leasing Activity New York Northeast Office

VTS Signs 34,325 SF Office Headquarters Sublease at 3 Bryant Park in Midtown Manhattan

by Taylor Williams July 24, 2023

NEW YORK CITY — VTS, a provider of commercial proptech solutions, has signed a 34,325-square-foot office headquarters sublease at 3 Bryant Park in Midtown Manhattan. The term is six years. The company will relocate from 141 W. 41st St. in the fourth quarter to the entire 14th floor of the building, which was previously occupied by Salesforce. Jim Wenk of Savills, along with Patrick Heeg of Transwestern and Sam Seiler of JLL, represented VTS in the lease negotiations. Sacha Zarba, James Ackerson and Alice Fair of CBRE represented Salesforce. Ivanhoe Cambridge owns 3 Bryant Park.

July 24, 2023

Leasing Activity Office Southeast Tennessee

Switchyards to Open 8,000 SF Coworking Space in East Nashville

by John Nelson July 21, 2023

NASHVILLE, TENN. — Switchyards, a coworking concept based in Atlanta, will open an 8,000-square-foot club at 1101 Chapel Ave. in the Eastwood neighborhood of Nashville. Located within a historic building that formerly housed a church, the space will feature a café, work stations, two libraries, eight soundproof phone booths and three meeting rooms. The landlord is locally based Vintage South Development. Switchyards Eastwood is scheduled to open in September.

July 21, 2023

Leasing Activity Office Texas

Chamberlain Hrdlicka Signs 13,555 SF Office Lease Expansion in Downtown San Antonio

by Taylor Williams July 21, 2023

SAN ANTONIO — Law firm Chamberlain Hrdlicka has signed a 13,555-square-foot office lease expansion at Weston Center, a 32-story office building in downtown San Antonio. Chamberlain Hrdlicka moved into Weston Center in 2011, at which point its footprint was roughly 4,000 square feet. Bradley Fulkerson and Austin Hibbard of Transwestern, along with Larry Mendez of CBRE, represented the firm in the lease negotiations. David Held and Hayley Ruggles of Endura Advisory Group represented the landlord.

July 21, 2023

Leasing Activity Massachusetts Northeast Office

Deloitte Signs 138,000 SF Office Lease at Winthrop Center in Downtown Boston

by Taylor Williams July 21, 2023

BOSTON — Deloitte has signed a 138,000-square-foot office lease at Winthrop Center, an 812,000-square-foot mixed-use complex in downtown Boston. The accounting giant plans to take occupancy in fall 2024. Regional developer Millennium Partners owns Winthrop Center, which offers amenities such as a fitness facility and meeting and event space. CBRE represented both parties in the negotiations for the lease, which is the largest to be executed within the Boston office market this year, according to multiple media sources including The Boston Globe.

July 21, 2023

Leasing Activity Office Texas

Law Firm Signs 6,962 SF Office Lease Renewal, Expansion in Downtown Houston

by Taylor Williams July 20, 2023

HOUSTON — Law firm Shepard, Smith, Edwards & Kantas has signed a 6,962-square-foot office lease renewal and expansion at 1010 Lamar St. in downtown Houston. According to LoopNet Inc., the property was built in 1981, rises 20 stories and totals roughly 278,000 square feet. John Zivley of Partners Real Estate represented the tenant in the lease negotiations. Monte Calvert of Transwestern represented the landlord, an entity doing business as MC TRS 2 LLC.

July 20, 2023

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