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Including three recently signed leases, 411 West Putnam is 92.1% leased to eight tenants with a weighted average lease term of nearly six years.
The tenant mix at the property includes Sundance, Theory, Lululemon, and Johnny Was.
The property had been on the market since May 2020, listed at $12.9 million.
Other lessees include InnovaCare and Veterinary Emergency Group.
Eleven office leasing transactions involving over 33,000 square feet have been completed at the sister properties over the past 12 months.
The building is anchored by Nuvance Health, which occupies the entire first floor.
“The assumption was that older workers would like (working from home) less -- but it actually works better for them," says David Smith, head of Occupier Insights in Cushman & Wakefield’s Global Research department.
Construction on the headquarters will commence immediately for a Spring 2021 occupancy.
Choyce Peterson "turned the market upside down and exceeded expectations in every respect to help us achieve our vision,” said Keller CEO Stephen Scott.
The mixed-use building at 633-647 Old Post Road in Bedford that houses the Bedford Playhouse and Clive Davis Arts Center is being shopped for...
In 2019, dealerships in downstate New York spent $420 million on capital improvements, including remodeling indoor spaces, changing facades, upgrading infrastructure and expanding by adding new buildings on existing properties.