Weekly Wrap-Up of Largest Reported Office Leases Include Deals by Intermix, Google, Capital One, WeWork and more
Conduent Corp. (NYSE: CNDT) has signed a lease to occupy 125,000 square feet within the 1.3 million-square-foot Assortment Centre at 285 Assortment Centre Pky. in Rochester, NY. The New Jersey-based organisation procedure services company and previous business services division of Xerox is moving its local call center operation to the former Macy’s store at the vacant Medley Centre Shopping center in an offer that is expected to bring more than 750 tasks to the area. Scott Burdett represented the property owner Flaum Management Co., in settlements. By Ryan Shields Intermix
Leases 80,903 SF at 111 W 33rd St. Intermix, the female garments and accessory brand of seller The Gap, signed a deal for 80,903 square feet at 111 W 33rd St in New York City. The 26-story, 743,283-square-foot residential or commercial property at Herald Square in the Garment District submarket was integrated in 1954.
Intermix will inhabit the entire 8th and ninth floorings. Eric Deutsch and Jared Freede represented Intermix. Scott Klau, Erik Harris, and Neil Rubin of Newmark Knight Frank, as in-house broker Keith
Cody, represented the proprietor. By Andrea Quach Google Broadens By 60,000 SF at 85 Tenth Ave. Multinational innovation business Google( NYSE: GOOG) has signed for another 60,000 square feet at 85 10th Ave., an 11-story structure owned by Vornado Real estate Trust( NYSE: VNO) and The Related Cos. in New york city City’s Chelsea district. Google presently occupies 180,000 square feet in the former Nabisco Factory integrated in 1913 and amounting to 632,584 square feet. The expansion in the 5th flooring will bring the total space inhabited in the building to 240,000 square feet. Jared Solomon with Vornado Real estate Trust represented the property owner in this transaction. By Noel Kane HSG Doubling Footprint in Year-End Relocate to 425 Lex. Store industrial lawsuits company Holwell Shuster & Goldberg LLP( HSG) has
law firm Simpson Thacher & Bartlett LLP( Simpson Thacher & )at 425 Lexington Ave. in New york city City, where Simpson Thacher leases nearly 595,000 square feet through 2033 &. HSG will relocate from 750 Seventh Ave. at the end of the year, taking the 12th through 14th floorings while almost doubling its footprint from 30,000 square feet. Savills Studley’s L. Craig Lemle and Nick Zarnin, helping HSG with its look for brand-new area, a process they began a complete 2 years before the company’s existing sublease was set to expire. By Justin Sumner Capital One Takes Another 56,000 SF in Chelsea. Capital One has rented an additional 56,000 square feet at 11 W 19th Street in New york city City’s Chelsea submarket. Capital One will occupy the fifth and sixth floors, adding to the 3 floors currently inhabited within the structure.
Sale Schlather of Cushman & Wakefield represented Capital One. Brian Neugeboren and Robert Savitt of Savitt Partners LLC represented the proprietor. By Daniel Griffin WeWork to Open at One Nashville Location. Co-working and shared office provider WeWork is setting up shop at One Nashville Location in downtown Nashville. New-York City based WeWork will be inhabiting the 19th, 20th
and 22nd floorings of the 25-story glass tower at 150 Fourth Ave. North, totaling over 49,000 square feet of space in the 400,388-square-foot structure, according to CoStar Information. The share work area supplier’s lease begins in August. Thomas McDaniel of Boyle Financial investment Co. represented Atlanta-based Prim One Nashville Location LLC, the owner of the skyscraper at Fourth Opportunity and Commerce Street built in 1985. By Michael Hippchen Hensel Phelps Signs 13-Year Lease at
1600 Tysons Blvd. in McLean. Hensel Phelps, a construction company headquartered out of Greeley, CO, signed a 13-year lease for 32,439 square feet in the Tysons II office building at 1600 Tysons Blvd. in McLean, VA. The 307,604-square-foot office building was built in 2001 by Lerner Enterprises. Hensel Phelps’ new area will consist of the entire eighth flooring and 8,000 square feet on the seventh flooring. The construction business is scheduled to move into the new office in February 2018. Brian Tucker, John Dragelin, and Jessica Schuett of JLL represented the property owner in this deal. By Christian Powell Rising Pharmaceuticals Takes 30,000 SF in Saddle Brook. Rising Pharmaceuticals, a business that markets and disperses top quality and multi-source prescription pharmaceuticals, rented 29,756 square feet
of office space at 250 Pehle Ave. in Saddle Brook, NJ. Ben Brenner and Todd Efland of Cushman & Wakefield represented the renter . Cheryl Hardt and Donald Sperling of CBRE represented the landlord. By Ladi Sanu Greencore
Signs 24,000-SF Lease at Finley Point in Downers Grove. Greencore has rented 24,031 square feet of workplace at 3333 Finley Rd. in Downers Grove, IL. The leading benefit food and sandwich provider will transfer from 10350 Argonne Dr. in Woodridge, IL to the 8th flooring of Finley Point, a 223,771-square-foot, 10-story, Class A workplace residential or commercial property completed in 1999 on
9.28 acres in rural Chicago’s Eastern East/West Passage. Adam Showalter and Daniel Svachula of Cushman & Wakefield represented the proprietor, Lone Star Funds, in settlements. By Landon Cox ViaSat Broadens Footprint in Marlborough Tech Park. ViaSat (NYSE: VSAT), an interactions business based in Carlsbad, CA, leased an extra 20,838 square feet in the office complex located at 300 Nickerson Rd. in Marlborough, MA. The 80,724-square-foot, two-story office building was constructed in 1984 within the Marlborough Innovation Park and refurbished
in 2007. It is located in the Marlborough Industrial Park. John Lashar, Alex Swan and Danielle Simbliaris of Transwestern RBJ represented the proprietor, Normandy Real Estate Partners, in settlements.
By James Lutz Sumitomo to Open Workplace at O’Hare Entrance Office Center. Sumitomo Corp., an integrated trading company locateded in Tokyo, signed a 12-year lease for 19,203 square feet in the office building at 9500 W. Bryn Mawr Ave. in Rosemont, IL. The seven-story building overalls 190,000 square feet in the O’Hare Entrance Workplace Center. It was constructed in 2000 and last offered in 2002 to MJH Corporate Center, inning accordance with CoStar details. Michael Simpson, James Ward, Daniel Svachula and Allyson Yates of Cushman & Wakefield represented the landlord, while John Conerty of Savills Studley represented the renter.
By Enid Guerrero Driasi International Indications 10-Year Workplace Lease in Mississauga. Driasi International, a supplier of service outsource issue fixing,< a href= "http://www.costar.com/News/Article/Driasi-International-Signs-10-Year-Office-Lease-in-Mississauga/191872" target=" _
blank” > signed a 10-year lease for 18,495 square feet of office at 1004 Middlegate Rd. in Mississauga, ON. The five-story building was built in 1992 and amounts to 203,384 square feet in the Middlegate campus. The home is owned and handled by Crown Real estate. Andrew Broad and Monica DiZio of Crown Real estate offered in-house representation in lease negotiations. By Nadia Mohamed ITN Holdings Broadens to 50,000 SF at 747 Third. ITN Holdings LLC has actually signed a new 15-year lease for an extra 15,100 square feet at 747 3rd Ave. in New York
City, growing its existence at the structure to 49,882 square feet. The media innovation company will now inhabit space on the 11th flooring in addition to its existing 34,782 square feet including the whole 5th and portions of the 4th and third floors there. Michael Lenchner with Sage Real estate represented the property owner in-house, while Individual retirement account Schuman and Daniel Horowitz with
Savills Studley represented ITN Holdings in its lease expansion. By Justin Sumner Keller Williams Picks Guv’s Pointe in Mason for Website of New Office. Keller Williams Peak Group( KWPG) has leased 11,500 square feet within Governor’s Pointe in Mason, OH where the full-service property brokerage company will establish a new workplace.
The business will more than double its office space with the transfer to Governor’s Pointe 4680, a 128,490-square-foot, four-story structure situated minutes from I-75, I-275 and Mason Montgomery Rd. at 4680 Parkway Dr. Chris Carey of CBRE brokered the lease for KWPG, while Scott Abernethy and Digger Daley of Cushman & Wakefield represented ownership, a joint endeavor comprised of Smith/Hallemann Partners and Harbert United States Realty Fund V. By Bryce Meyers