Articles of the week ending March 13th
WeWork Announces New 37K-SF Location at 511 Fifth Avenue
By Mark Hallum, Commercial Observer
WeWork signed a 37,000 square foot office lease across four floors at 511 Fifth Avenue in Midtown Manhattan, marking its third new New York City location since emerging from Chapter 11 bankruptcy in 2024.
TD Securities Expands to 181K SF at SL Green’s 125 Park Avenue
By Mark Hallum, Commercial Observer
TD Securities expanded its offices to 181,447 square feet with a 10 year lease at 125 Park Avenue, adding 51,081 square feet to its existing space in the Midtown East tower owned by SL Green Realty.
SL Green signs more AI-related office leases in New York
By Andria Cheng, CoStar News
SL Green Realty signed major AI related office leases with Harvey AI expanding to 185,326 square feet at One Madison Avenue and Clay taking 163,095 square feet at 11 Madison Avenue, helping the landlord move toward a record first quarter leasing volume.
More San Francisco Offices Leased by AI
By TRD Staff, The Real Deal
Reflection AI leased 25,000 square feet across two floors at 140 New Montgomery Street, helping boost occupancy to 94 percent as AI firms continue to drive office demand in San Francisco.
Carlyle Group Inks 150K-SF Deal at SL Green’s 245 Park Avenue
By Lois Weiss, Commercial Observer
The Carlyle Group signed office leases totaling 202,157 square feet including 150,036 square feet at 245 Park Avenue owned by SL Green Realty and 52,121 square feet at 200 Park Avenue.