Lease Beat

Courtesy of the Real Deal

Regus Inks 32,000 Square Feet at Minskoff’s 101 Sixth Avenue

The Luxembourg-based facility manager and business support system Regus will open a new location downtown. The company operates more than 1,400 locations around the world with nearly 60  in the city.

With a lease duration of 10 years, Regus’ latest office boasts 32,000 square feet at 101 Sixth Avenue, an Edward J. Minskoff Equities asset north of Canal Street with steep asking rents of $75 per square foot. Read More

Lease Beat

GFK Market Research Close to World Financial Move: Report

GFK Market Research is closing in on a 75,000-square-foot lease at 1 World Financial Center, Crain’s New York reported yesterday.

It is believed GFK will take one of the building’s lower floors on a 10-year lease. Asking rent is in the $40s per square foot, Crain’s reported. There is currently vacant space on the fourth and fifth floors, according to the report, both measuring approximately 75,000 square feet. Read More

Lease Beat

OLYMPUS DIGITAL CAMERA

Regus Claims Space at World Financial Center

Office provider Regus completed a transaction to acquire 54,991 square feet, the entire 24th floor, at 3 World Financial Center, according to Jerry Larkin, director of leasing at Brookfield. Mr. Larkin declined to discuss terms of the deal.

Regus will build out the space to their current office standards, Mr. Larkin said.

“What attracted them was obviously the numerous renovations to the center, the quality of the dining and shopping that will be coming to Brookfield Place,” Mr. Larkin added. The World Financial Center will be renamed Brookfield Place in fall 2013. Read More

The ground floor business lounge at 747 Third Avenue. (photo courtesy of Regus)

Prebuilt Building Out in Manhattan

Regus announced plans to expand its prebuilt office space footprint in Manhattan with four new locations slated for leasing in the coming year. The Luxembourg-based company has 60 such business centers in the tristate area, 26 of which are in New York City.

New locations include 23,000 square feet at 747 Third Avenue, two floors Read More

Lease Beat

54 West 40th Street

WeWork Signs 56K S/F Lease For Former Daytop Space

WeWork has signed a 56,000 square foot lease for a new Manhattan location, the latest of several major deals done by the company as well as other office suite providers in the city in recent months.

WeWork will occupy all of 54 West 40th Street in the transaction, which stretches for 15-years.

The deal is one among a number of leases the company has committed to in what appears to be an ambitious roll out of locations in Manhattan. Read More

Lease Beat

Mellody and George

George Lucas’s GF Inks At 340 Madison

The investment management firm run by director George Lucas’s girlfriend has signed an office deal at 340 Madison Avenue.

Ariel Investments, a Chicago based financial company, will take 6,500 square feet on the building’s 18th floor. Rents at the 660,000-square-foot office tower, which is owned by the prolific real estate investment firm RXR Realty, range from the upper $60s to the low $70s per square foot though the exact rate that Ariel will pay was not disclosed in RXR’s announcement this morning of the deal. Read More

Win an Office for a Year!

Yes, that office to the right, or something quite like it, could be yours for a year! For free!

The clever folks at Regus, a company that specializes in short-term office leases, have decided to launch a sweepstakes. The lucky winner will get a choice of office in one of Regus’ 18 Manhattan locations for Read More