The Real Deal New York

Commercial market report: Which office tenants are looking for the biggest blocks?

A ranking of the companies on the hunt for the most Manhattan office space
By Adam Pincus | March 03, 2016 05:40PM

From the March issue: Landing a monster office tenant is getting harder these days. Most of the big companies hunting for space committed in the last few years, fueled by confidence in the market and concern over escalating rents.

Today the number of tenants looking for 1 million square feet of space or more can be counted on one hand: electronics giant Samsung, global bank Deutsche Bank and private equity firm BlackRock, according to published reports and interviews with brokers. By comparison, back in 2012, there were twice as many tenants looking for blocks of 1 million square feet or more, including Time Inc., Credit Suisse and News Corp. [more]