Office Lease Up (May 4) Nike Takes Google’s Lease Buyout Offer

Oregon-based athletic wear kingpin Nike has signed an 11-year lease to take 147,000 square feet in a new mixed-use development being built by The Durst Organization at 855 Sixth Ave. in New York City. Nike plans to will move its New York headquarters from Midtown South to the Penn Station-area building once construction is completed in early 2016. The 42-story tower will total 570,000 square feet office, retail and residential components. Nike…

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