HOUSTON — The Dinerstein Cos., a locally based owner-operator, has sold 3411 Richmond, an 82,692-square-foot office building in Houston’s Greenway Plaza district. The seven-story office building was constructed in 1968 (renovated in1996) and was 89 percent leased at the time of sale. Marty Hogan of JLL and David Anderson of Cresa co-represented The Dinerstein Cos. in the transaction. Evelyn Ward and Paula Musa of Transwestern represented the buyer, HRGI Development LLC.
PRINCETON, N.J. — JLL has arranged a $15.3 million loan for the refinancing of a 160,904-square-foot office building in Princeton. The four-story building at 500 College Road E was constructed in 1984 and renovated in 2022 and now offers amenities such as a café, fitness center, employee lounge with games and a multimedia conference and training facility. Michael Klein, Gregory Nalbandian, Nazario Paragano and Kevin Badger of JLL arranged the four-year, fixed-rate loan through an undisclosed life insurance company. The borrower is a partnership led by Bergman Real Estate Group.
FORT LAUDERDALE, FLA. — Grover Corlew has purchased 200 East Broward, a 21-story, 235,211-square-foot office building in downtown Fort Lauderdale, for $69.7 million. The Boca Raton, Fla.-based firm plans to invest $20 million in capital improvements at the office building over the next two years, including overhauling the elevator bay and main lobby and building an amenity deck with a gym and conference facilities. Hermen Rodriguez and Ike Ojala of JLL represented the undisclosed seller in the transaction. Paul Stasaitis, also with JLL, arranged an undisclosed amount of acquisition financing through BridgeInvest.
NEW YORK CITY — The New York City Taxi and Limousine Commission has signed a 39,000-square-foot office headquarters lease in Lower Manhattan. The space spans the entire fourth floor and part of the fifth floor at 250 Broadway, a 31-story, 648,000-square-foot building. Gus Field of Cushman & Wakefield represented the tenant in the lease negotiations. Brad Gerla, Michael Rizzo and Alex Benisatto of CBRE, along with internal agent, Anne Holker, represented the landlord, AmTrust RE.
ST. LOUIS — Longtime tenant Deloitte has renewed its office lease for 22,040 square feet at the Deloitte Building in downtown St. Louis. Additionally, owner Stanton Road Capital (SRC) has completed The Outpost, a new amenity center at the 12-story building. The Outpost includes a fully modernized fitness center, conference facility, lounge and grab-and-go food-and-beverage options. The amenity package is part of SRC’s broader repositioning of the 260,000-square-foot property. Andy Gooliak, John Salsberry and Aly Brooks of Colliers represented Deloitte. Tom Bajardi, Brandon Wappelhorst and Nick Fiquette of Sansone Group are the leasing brokers for the Deloitte Building.
AUSTIN, TEXAS — Virtu has signed a 55,000-square-foot office lease at The Republic, a 48-story office building in downtown Austin. The global financial services firm will occupy two high-rise floors. CBRE and Sage Realty NYC co-represented Virtu in the lease negotiations. A partnership between San Francisco-based DivcoWest, Phoenix Property Group and Lincoln Property Co. owns The Republic, and Lincoln also handles leasing efforts at the property.
NEW YORK CITY — Mercor, which organizes human intelligence to power the AI economy, has signed a 25,550-square-foot office lease at One World Trade Center in Lower Manhattan. The space is located on the 77th floor. Harry Singer of CBRE represented Mercor in the lease negotiations. David Falk, Peter Shimkin, Hal Stein, Nathan Kropp and Paige Raisides of Newmark, along with internal agents Eric Engelhardt, Karen Rose and Sayo Kamara represented the landlord, The Durst Organization, which developed the building in partnership with The Port Authority of New York and New Jersey.
WHEAT RIDGE, COLO. — CentrePoint Properties has completed the sale of Wilmore Center, a mixed-use property in Wheat Ridge, to HCA HealthONE for $14.5 million. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the seller in the transaction. Situated on 5 acres at 7615 W. 38th Ave., Wilmore Center comprises two single-story multi-tenant buildings offering a total of 52,743 square feet of mixed-use space and 236 parking spaces. At the time of sale, the asset was 84 percent occupied by 15 tenants. The tenant mix includes retail, food and medical, with 68 percent of the leased area occupied by medical-related tenants.
HOUSTON — Broadview Real Estate, a division of Broadview Capital, has unveiled plans for O27, a 32-story office tower that will be located at the gateway to Houston’s River Oaks area. STG Design is the architect for the 520,000-square-foot development, which will occupy a 1.7-acre site at 4701 Westheimer Road. Completion is slated for 2028. The design of O27 includes water features on the street level, a landscaped terrace atop a nine-story parking deck and a penthouse crown, as well as a textured, geometric façade composed of triangular glass panels wrapping the tower. Designed by global architecture firm Design ALT + TAB, the lobby includes a suspended sculpture meant to evoke Houston’s waterways. Points of light across the ceiling visible at nighttime pay homage to Houston’s reputation as Space City. In addition, O27 will feature outdoor gathering spaces, “premium” amenities and flexible office configurations meant to support collaboration, wellness and evolving workplace preferences.
AUSTIN, TEXAS — Jackson Walker has signed an approximately 110,000-square-foot office lease at The Republic, a 48-story office building in downtown Austin. The law firm will occupy three mid-level floors within the newly constructed building. CBRE represented Jackson Walker in the lease negotiations. A partnership between San Francisco-based DivcoWest, Phoenix Property Group and Lincoln Property Co. owns The Republic, and Lincoln also handles leasing efforts at the property.
