Office

Partnership to Develop 225,000 SF Office Project in Allen, Texas

by Taylor Williams September 29, 2026

ALLEN, TEXAS — A partnership between two local real estate companies, developer KDC and investment and operations group Pillar Commercial, will develop One Bethany North, a 225,000-square-foot office project that will be located in the northeastern Dallas suburb of Allen. The nine-story building will be situated within the Watters Creek mixed-use development and will include pickleball courts, putting greens and other outdoor gathering spaces, as well as a 3,500-square-foot restaurant. A tentative construction timeline was not disclosed.

September 29, 2026

Leasing Activity Office Texas

Wells Fargo Signs 20,560 SF Office Lease Renewal in Southwest Austin

by Taylor Williams September 29, 2026

AUSTIN, TEXAS — Wells Fargo has signed a 20,560-square-foot office lease renewal in southwest Austin. The space is located within Building I at Uplands Corporate Center. Jake Ragusa and Luke Gholston of JLL represented Wells Fargo in the lease negotiations. Matt Frizzell of Cushman & Wakefield represented the landlord, California-based Drawbridge Realty.

September 29, 2026

Leasing Activity New Jersey Northeast Office

CoreWeave Signs 31,000 SF Office Lease Expansion in Livingston, New Jersey

by Taylor Williams September 29, 2026

LIVINGSTON, N.J. — CoreWeave has signed a 31,000-square-foot office lease expansion at its headquarters facility in the Northern New Jersey community of Livingston. The cloud computing company now occupies 62,000 square feet at The Eisenhower, a 385,000-square-foot building. Jamie Ragucci, Kevin Murphy and Aaron Sommer of Newmark represented CoreWeave in the lease negotiations. Jon Meisel, Erin Wenzler and Dan Casey of CBRE, along with internal agent Eric Maurer, represented the landlord, Eastman Cos.

September 29, 2026

Development Office Texas

WillMax Capital Breaks Ground on 11,130 SF Office Project in North Dallas

by Taylor Williams September 28, 2026

DALLAS — WillMax Capital has broken ground on an 11,130-square-foot office project in North Dallas. Phoenix-based LGE Design Build is handling the architectural and construction aspects of the project, which will be located at 4326 W. Lovers Lane and will serve as the locally based developer’s future headquarters. Flanagan Land Solutions is the civil engineer for the project, which is slated for a spring 2027 completion.

September 28, 2026

Acquisitions California Industrial Office Retail Western

JLL Arranges Sale, Financing of 200,049 SF Shallow-Bay Business Park in Walnut, California

by Amy Works September 28, 2026

WALNUT, CALIF. — JLL Capital Markets has brokered the sale of Walnut Tech Business Center, a shallow-bay business park in Walnut. AEW sold the asset to CIP Real Estate II LLC for $60.6 million. Totaling 200,049 square feet, Walnut Tech Business Center features 11 buildings with 109 individual suites across industrial, flex office and retail designations that are 94 percent leased. Patrick Nally, Evan Moran, Chad Solomon, Shae Vomund and Lauren O’Neill of JLL represented the seller in the deal. Additionally, JLL’s Kevin Mackenzie, Peter Thompson, Kyle White and Colter Smith arranged $42.9 million in acquisition financing for the buyer.

September 28, 2026

Loans New York Northeast Office

New York Life Provides $386M Loan for Refinancing of Midtown Manhattan Office Building

by Taylor Williams September 25, 2026

NEW YORK CITY — New York Life Insurance has provided a $386 million loan for the refinancing of 200 Madison Avenue, a 750,000-square-foot office building in Midtown Manhattan. The 26-story building was originally constructed in 1926. Havas Health is the building’s anchor tenant via a 15-year, 254,118-square-foot lease extension and expansion that was signed in August. Other tenants include architecture practice Spectorgroup and boutique law firm BraunHagey & Borden. Jonathan Estreich, Peter Duncan and Egor Petrov of Estreich & Co., along with Adam Spies, Adam Doneger and Willis Robbins of Newmark, arranged the five-year, floating-rate loan. The borrower, George Comfort & Sons, owns the building in partnership with Loeb Partners Realty and Jamestown.

September 25, 2026

California Loans Office Western

Gantry Secures $9M Permanent Loan for Office Building in Temecula, California

by Amy Works September 25, 2026

TEMECULA, CALIF. — Gantry has secured a $9 million life company loan to retire a CMBS loan on Vail Ranch Town Square, a low-rise office building in Temecula. Tony Kaufmann, Toby Judge and Jake Davis of Gantry represented the borrower, a Southern California-based private real estate investor, in the financing. Gantry will service the fixed-rate, three-year loan for the lender. Located at 32605 Temecula Parkway, the three-story, 55,000-square-foot building is fully leased to a variety of medical, dental, behavioral health and professional service tenants.

September 25, 2026

Acquisitions Midwest Minnesota Office

Tempus Realty Partners Acquires 546,548 SF Office Property in Minnesota for $66M

by Kristin Harlow September 25, 2026

HOPKINS, MINN. — Tempus Realty Partners, an Arkansas-based real estate investment firm, has acquired Excelsior Crossings, a two-building office property totaling 546,548 square feet in Hopkins. The purchase price was $66 million. The campus is 98 percent leased and sits in the I-394 corridor. U.S. Bank fully occupies one building, accounting for 54 percent of the property’s square footage. The second building is home to Element Fleet Management Corp., Digi International Inc., Michael Foods Inc. and Sovos Compliance LLC. The seven-story buildings are LEED Gold certified and sit on more than 20 acres around a central lake with covered parking, heated sidewalks and more than $1.4 million in recent capital upgrades.

September 25, 2026

Illinois Leasing Activity Midwest Office

Oil-Dri Renews Office Lease at Chicago’s Wrigley Building for 20,000 SF

by Kristin Harlow September 25, 2026

CHICAGO — JLL represented Oil-Dri Corp. of America (NYSE: ODC) in a long-term lease renewal at the Wrigley Building, where the company has been headquartered since 1993. Oil-Dri will now relocate within the building to a newly built-out floor totaling 20,000 square feet. Oil-Dri was founded in Chicago in 1941 by Nick Jaffee and has grown from a local startup into a publicly traded consumer products company. Nicole Becker, Sarah Silva and Bess Cooney of JLL represented Oil-Dri in the lease. Erica Marshall and Katie Hull of Stream Realty Partners represented the landlord, Mansueto Properties. Global design firm Perkins&Will also recently renewed its lease at the property for 47,700 square feet through 2038. Holly Duran and Jeff Mulder of Colliers represented Perkins&Will.

September 25, 2026

Loans Office Texas Top Stories

JLL Arranges $406M in CMBS Financing for Trammell Crow Center in Dallas

by Abby Cox September 25, 2026

DALLAS — JLL Capital Markets has arranged $406 million in CMBS financing for Trammell Crow Center, a more than 1.2 million-square-foot trophy office tower located in the Arts District of downtown Dallas. Greg Napper, Jordan Buck and Rett Daugbjerg of JLL secured the five-year, fixed-rate, single-asset single-borrower (SASB) loan through Wells Fargo and Morgan Stanley on behalf of Regent Properties LLC. Delivered in 1985, Trammell Crow Center rises 50 stories and is 92 percent leased to a mix of major tenants such as Goldman Sachs, Baker & Botts LLP, Vinson & Elkins LLP, Orix and Prudential, among others. In 2019, the property underwent a $185 million redevelopment completed by the previous owner, JPMorgan Asset Management. Renovations included the construction of a new parking structure, a complete lobby overhaul and the addition of 27,000 square feet of ground-floor retail, as well as a full suite of amenities like the TCC Athletic Club, a conference center, an outdoor pavilion and on-site dining options. Regent Properties acquired Trammell Crow Center in March 2022 for an estimated $600 million, according to several media sources. The company has owned, operated or sponsored more than $4 billion in real estate transactions, spanning 12 million square feet of …

September 25, 2026

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