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Times Sq. Tower Said Close to Signing Anchor

NEW YORK CITY-Proskauer Rose is on the verge of becoming the spec office property's anchor tenant, according to the New York Post.

By Paul Bubny | Updated on April 28, 2010

NEW YORK CITY-Law firm Proskauer Rose is close to signing a deal for about 400,000 square feet at SJP Properties’ 11 Times Square, making it the anchor tenant for the new 1.1-million-square-foot office property, the New York Post reported Tuesday. A spokesman for CB Richard Ellis, which represents both the law firm and SJP, tells GlobeSt.com his company has no comment on the Post story.

Citing unnamed sources, the Post says the Proskauer lease is expected to be signed by the end of May. This past January, the Post reported that the law firm and CBRE had signed a term-sheet agreement on the multi-floor space.

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