With years

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

In her work, urban writer and activist Jane Jacobs emphasized the role of diversity in fostering thriving cities that provide exciting and stimulating environments for a wide range of people. Through her research, she argued that creating conditions for social and business diversity is particularly important at the very heart of the urban built environment — a city’s downtown or central business district (CBD). But, where does one begin a productive discussion on a topic as complex as diversity?

2 months 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.

2 months 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.

Mar 10, 2025 | 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.

Mar 6, 2025 | 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.