Articles of the week ending November 26th World’s Largest Warehouse Owner Scouting Sites Along ‘Blue Highways’ By Noah Zucker, Bisnow The key takeaway: New York City’s Blue Highways Initiative aims to shift freight from trucks to boats to reduce congestion and pollution, with major players like Prologis investing in waterfront industrial sites to scale short-sea […]
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Articles of the week ending November 21st Mitsui Fudosan Signs Three Deals for 200K SF at 1251 Avenue of the Americas – Commercial Observer By Mark Hallum, COMMERCIAL OBSERVER Mitsui Fudosan America completed nearly 200000 square feet of leasing at 1251 Avenue of the Americas through major renewals and expansions by TCW Group, McGuireWoods, and
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Articles of the week ending November 18th Fintech Firm Robinhood, Dick’s Sporting Goods Each Take 125K SF at Penn 2 – Commercial Observer By ISABELLE DURSO, Commercial Observer Robinhood and Dick’s Sporting Goods each signed 125000 square foot office leases at Vornado’s Penn 2 tower marking major new deals that boost the building’s occupancy toward
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Articles of the week ending November 7th Rising Costs, Shifting Market Have Office Landlords Tightening The Purse Strings On TI By Patrick Sisson, Bisnow Office tenant improvement (TI) allowances, which surged over the past decade, are now flattening as rising construction costs and cautious landlords shift strategies, favoring longer leases, reduced concessions, and selective spending
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