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The iconic Galleria Office Towers, three class-A office buildings totaling approximately 1.4 million square feet, have sold to Piedmont Office Realty Trust Inc.
Bond, a property technology firm that focuses on last-mile delivery, is taking a page out of the book of co-working firm WeWork. The New York City-based start-up scouts out underutilized commercial space in dense city areas to establish "tiny warehouses" for last-mile delivery and is plotting an expansion in New York and two Northeast cities.
Anchoring the property will be WeWork and locally-based CA Ventures, which combined will occupy in excess of 120,000 square feet at the more than 172,000-square-foot, 12-story building.
Following the closing of the transaction, PersonalizationMall.com will continue to provide product and personalization services to Bed Bath & Beyond and buybuy BABY.