News

With its lease of 343 Murray Hill Parkway, Axis Global Logistics will be able to service its growing client base in the New York City metropolitan market, according to NAI James E. Hanson.

The company aims to expand its National Net Lease Group, while establishing its presence in the region with its 28th office location.

With $800 million in contracts expected to close quickly, the building is well on its way to a planned $1 billion sellout.

Gov. Wolf is proposing that up to $1 billion in grants from the Redevelopment Assistance Capital Program be used for lead and asbestos remediation in schools, a problem plaguing many of the state's aging school buildings.

Aspen Dental will occupy nearly half of the building with 197,000 square feet of office space and 8,000 square feet of retail space on West Fulton Market. Upon occupancy, the property will serve as Aspen Dental's new national headquarters.

Law firm Landman Corsi Ballaine & Ford inked a 10-year lease extension and expansion to 23,563 square feet and will now occupy the 22nd and 23rd floors at the 543,494-square-foot One Gateway office building.

The financing was announced by JLL Capital Markets, which worked on the deal on behalf of Summit to place eight uncrossed, fixed-rate loans with terms of 10, 12 and 15 years with a correspondent life insurance company.

George Comfort & Sons, Inc.has completed a 15-year, 60,000-square-foot lease with Industrious at 135 West 50th St. in Midtown to premium workplace provider Industrious.