New Tenants Brings DivcoWest’s Hudson Square AI Hub to Full Occupancy
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
DivcoWest announced 325 Hudson St., a multitenant AI tech hub in Hudson Square, has reached 100% occupancy following recent leasing activity. The last remaining space in the 10-story, 220,000-square-foot building was…
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