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Thinking Machines Lab NYC Office: 21,500 SF Lease Signed Near Union Square
Thinking Machines Lab has leased 21,500 square feet near Union Square for its first New York office. The deal adds another concrete example of AI-sector growth translating into physical office demand across Manhattan.
ARCFE U.S.
Aug 314 min read
295 Fifth Avenue Secures $228.9M Refinancing After Major Renovation
A joint venture of PGIM Real Estate, Tribeca Investment Group and Meadow Partners has secured a $228.9 million refinancing loan for 295 Fifth Avenue, a renovated office building in Manhattan’s Midtown South neighborhood. According to Commercial Observer, Rialto Capital Management and Hines provided the new floating-rate, interest-only bridge loan. The financing was arranged by Walker & Dunlop. Also known as the Textile Building, 295 Fifth Avenue is a 19-story office property
ARCFE U.S.
Jul 202 min read
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