Real estate developer, investor and manager Stellar Management has completed Astoria Pointe, a nine-story, Class A, 53,748 square foot, mixed-use office building located at 35-01 36th Avenue on the border of Long Island City and Astoria, Queens, New York. The firm also signed its anchor tenant, a 8,041-square-foot lease with International Workplace Group (IWG). Move-ins are expected to begin in the second quarter of this year.
“Astoria Pointe is revolutionizing the future of office spaces in Astoria, and we look forward to expanding our tenant roster to foster a dynamic ecosystem of collaboration within the property,” said Will Eng of Stellar Management. “We are excited to welcome innovative firms like IWG with a convenient and community-focused office space that their members are proud of.”
IWG, the world’s largest provider of hybrid working solutions, operates brands such as Spaces, Regus, HQ, and Signature. With nearly 3,300 locations in over 1,000 towns and cities across more than 110 countries, IWG offers flexible creative workspaces for both short-term and long-term needs.
Astoria Pointe is a 53,748 -square-foot, Class A, mixed-use office building on the border of Long Island City and Astoria, Queens. The property boasts 15-foot, floor-to-ceiling windows with sweeping views of Manhattan’s skyline, column-free floorplates and a variety of outdoor spaces, including a shared roof deck with a private terrace on the sixth floor, private balconies on the seventh through ninth floors and a fully attended lobby.
Cushman & Wakefield’s Mitchell Arkin, Joshua Branham and John Peters represented the owner, Stellar Management, in the transaction. C&W is the exclusive leasing agent for the building.
