Leasing

Now, with the 26th-floor lease, Signature Bank's square footage at 1400 Broadway totals 111,872 square feet.

Retail owners should invest in service-based tenants for success, according to Michael Koss, owner and operator of the Malibu Country Mart.

"This acquisition continues the expansion of our nationwide industrial portfolio, which seeks to secure strong, income-oriented returns at this mature stage of the current real estate cycle,” says Brodie Ruland, ASB senior vice president and Northeast region head.  

“Maggie's management experience encompasses multiple tiers of tenant representation, business development and client management, ideally qualifying her for her new position,” says Greg Tait, senior leasing director, Irvine Company Office Properties.

“The property's durable cash flow and attractive yield were a highly compelling investment proposition for the buyer's first US acquisition,” says NKF's Kevin Welsh, whose team brokered the sale.

“Even the most traditional companies are seeking more progressive and collaborative space,” says JLL's Scott Homa.