Northeast

The law firm, which has been at the iconic Midtown East tower for the last 30 years, has extended its 175,000 square-foot lease with Tishman Speyer.

The developer says the Life Time club at One Wall Street will be the most extensive health and wellness center in New York City.

The long-term lease with RK Pharma involves the entire 215 building and its adjoining annex at the campus.

The retail real estate industry will likely have mixed feelings about Sears' second life.

While noting that the college's current budget is balanced and its $52-million endowment has been strong, the harsh financial realities of small universities in the United States could not be ignored.

Nearly 40% of the office deals with a coworking component achieved values greater than the average for their market, a CBRE study found.

“This is a stabilized office investment property with zero vacancy, occupied by strong credit tenants with long-term leases,” says John Abuja, IPA senior director.

“Although the financial markets were highly unpredictable, commercial real estate performed the way it has for most of the past several years – with steady growth supported by strong fundamentals,” says Jason Wolf, founder and managing principal of WCRE.