What’s most interesting about two recent deals totaling 12,400 square feet at 7 WTC is that at least one of the tenants was attracted to the building’s LEED rating, in addition to its stunning views and Downtown location.
Archive | Leases
Publisher Quadruples Space at Malkin’s REIT-Bound 250 West 57th Street
By Stephen Del Percio on March 1, 2012 in Columbus Circle, Historic Preservation, Leases, Manhattan, New York City, Transactions
Although the tower doesn’t sport a LEED or an Energy Star label – yet – a recent deal at Malkin Properties’ historic 250 West 57th Street is notable for a number of important reasons.
In Oregon Lease Renewal, New York-Based Tenant Negotiates Green Building Upgrades
By Stephen Del Percio on January 25, 2012 in Green Leases, Leases, LEED-EB, Portland, Transactions, Upstate
Welch Allyn, a New York-based manufacturer and distributor of medical supplies, was recently able to capitalize on the soft commercial real estate market by negotiating green building upgrades in connection with a 100,000-square-foot office renewal in Beaverton, Oregon.
Near Stockholm, Nuclear Technology Company Signs Swedish Green Lease
Characterized by the owner as a green lease, two Swedish companies have committed to decreasing energy in a new 10-year lease for 14,000 square meters of mixed-use space in two buildings located just west of Stockholm.
Halfway Home: With GSA Lease, 1 World Trade Center Now 50 Percent Full
By Stephen Del Percio on October 3, 2011 in 1 World Trade Center, Leases, LEED-CI, LEED-NC, Manhattan, Market Analysis, New York City, Transactions, World Trade Center
By signing a term sheet last week for 300,000 square feet, the General Services Administration has vaulted the LEED Gold-hopeful 1 World Trade Center past the critical 50 percent-leased threshold.
“Green the Key” to Empire State Building Landing LinkedIn Lease
By Stephen Del Percio on May 9, 2011 in Empire State Building, Leases, LEED-EB, Manhattan, Midtown, New York City, Transactions
The Empire State Building’s green retrofit was the “key thing” in convincing LinkedIn executives to sign a 7-year, 31,000-square-foot lease for the iconic skyscrapers entire 25th floor.
In Midtown, Country’s Largest LEED-EB Building Lands Major New Tenant
By Stephen Del Percio on April 7, 2011 in 1211 Avenue of the Americas, Leases, LEED-EB, Manhattan, Midtown, New York City, Transactions
1211 Avenue of the Americas – the country’s largest LEED-EB office building – recently landed a large insurance tenant for 121,000 square feet on the 24th through 26th floors.
Financial Firm Leases LEED Platinum Pre-Built on 42nd Floor of Empire State Building
By Stephen Del Percio on March 30, 2011 in Empire State Building, Leases, LEED-CI, Manhattan, Market Analysis, Midtown, New York City, Transactions
The Empire State Building’s pre-built green office suites continue to be popular; the tower’s most recent deal is for a 4000-square-foot LEED Platinum-candidate space on the 42nd floor.
Portland Tenants Sign Green Leases at Unico Properties’ Commonwealth Building
In Oregon, two small commercial tenants have bucked prevailing market trends and signed green leases with Unico Properties at the historic 13-story Commonwealth Building in downtown Portland.
Top Green Office Leases in Manhattan: 2009
By Stephen Del Percio on February 25, 2010 in Green Leases, Leases, Manhattan, New York City, Transactions
5 of the 20 largest leases signed in Manhattan in 2009 (as reported recently by the New York Observer) were inked in green buildings. GRELJ takes a closer look at each of these deals to draw some anecdotal conclusions about the current state of New York City’s green commercial real estate market.
