IWG’s co-working venture Spaces expands to Staten Island, Brooklyn

Meet the co-working industry’s latest frontier: Staten Island. Spaces is opening 26,000-square-foot office at Triangle Equities’ Lighthouse Point development next to the ferry terminal. Spaces’ parent company IGW, which changed its name from Regus in 2016, signed a lease at the property two years ago. It initially planned to open an office suite under its[…]

Prologis’ $265M Queens deal falls apart

Prologis backed out of its deal to pay $265 million for a massive FedEx warehouse in Queens. A new buyer, the Los Angeles-based investment firm American Realty Advisors, is now negotiating to acquire the 350,000-square-foot site at a similar price, according to Crain’s. Prologis is one of the largest owners of industrial real estate in[…]