Diana Sabau

2 weeks ago | commercialcafe.com | Diana Sabau

Trio Manufacturing, a company specializing in aircraft engineering and manufacturing for both commercial and military sectors, is significantly expanding its operations in the South Bay. The company is relocating its headquarters and manufacturing plant from El Segundo, Calif., to a 123,200-square-foot industrial facility located at 17006 S. Figueroa St. within the Harbor Gateway area near Gardena and Carson, Calif. This move represents a tripling of Trio’s plant size.

3 weeks ago | commercialcafe.com | Diana Sabau |With years

Santander Bank has opted to remain at its current U.S. headquarters, located at 437 Madison Ave. The Spanish financial institution has finalized a seven-year lease renewal for 191,667 square feet, encompassing floors five through 10 of Sage’s 40-story office tower in Midtown East, with the added provision of a lease extension option. While the precise asking rent remains undisclosed, the landlord indicated that base units within the property were listed between $79 and $84 per square foot.

1 month ago | commercialcafe.com | Diana Sabau |With years

Penzance has expanded its holdings by purchasing a portfolio of six industrial properties in Manassas, Va., and has subsequently engaged JLL to manage the leasing of available space. The transaction was facilitated by a JLL Capital Markets team consisting of Bill Prutting, Craig Childs and Chris Dale.

1 month ago | commercialcafe.com | Diana Sabau |With years

Garan, the Berkshire Hathaway-owned children’s apparel company, is significantly expanding its New York City presence, effectively doubling its office space in Manhattan. Having outgrown its current headquarters at 200 Madison Ave. (for which it had originally signed a decade-long agreement in early 2022), Garan is now leasing the entirety of the 31,663-square-foot sixth floor at 99 Park Ave., a property managed by Global Holdings Management Group.

1 month ago | commercialcafe.com | Diana Sabau |With years

SL Green, the dominant office landlord in Manhattan, has finalized a 15-year, 144,418-square-foot renewal and expansion lease with Newmark at 125 Park Ave. Newmark’s history with the building dates back to the mid-1990s, when it initially occupied only 47,000 square feet. Then, in 2014, it significantly expanded its presence to bring Newmark’s footprint to more than 133,000 square feet. This most recent expansion further increases its occupancy to a total of 184,239 square feet within the property.