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 represented the landlord, Mansueto Properties.

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

Leasing Activity Office Texas

PGIM Signs 16,479 SF Office Lease at 23Springs in Uptown Dallas

by Taylor Williams September 23, 2026

DALLAS — PGIM has signed a 16,479-square-foot office lease in Uptown Dallas. The New Jersey-based asset manager is taking space on the 11th floor of 23Springs, a newly constructed, 26-story building, Rachel Gorney and Scott Hage of JLL represented PGIM, which plans to take occupancy next spring, in the lease negotiations. Robert Jimenez, Burson Holman and Elizabeth Fortado internally represented the landlord, Granite Properties, which owns the building in partnership with Highwoods Properties.

September 23, 2026

Acquisitions New York Northeast Office

L&L Infinite Acquires 42-Story Office Building in Midtown Manhattan

by Taylor Williams September 23, 2026

NEW YORK CITY — L&L Infinite Real Estate Partners, a development and investment firm with offices in New York City and West Palm Beach, has acquired 600 Third Avenue, a 42-story office building in Midtown Manhattan. L&L acquired the 575,254-square-foot building, which was originally constructed in 1970, in a joint venture with Mack Real Estate Group, BLDG Management and BD Blakely. The building was 92 percent leased at the time of sale to tenants such as law firm Polsinelli, Energy Impact Partners and global investment manager 3G Capital. The building’s retail space is home to Dunkin’, Shake Shack, Just Salad, PureGym and Chipotle Mexican Grill. Adam Spies and Josh King of Newmark represented the seller in the transaction. Bain Capital provided a $215 million acquisition loan for the deal.

September 23, 2026

Acquisitions California Office Western

Cushman & Wakefield Arranges $33.7M Sale of Office Building in Ontario, California

by Amy Works September 23, 2026

ONTARIO, CALIF. — Cushman & Wakefield has brokered the sale of 901 Via Piemonte, a Class A office building in Ontario. MGR Real Estate purchased the asset from Greenlaw Partners LLC for $33.7 million. Built in 2008, 901 Via Piemonte is five-story, 122,602-square-foot building. Additionally, the building includes 1,000 onsite parking spaces, advanced security systems and energy-efficient infrastructure. Jeffrey Cole, Nico Napolitano, Kristen Schottmiller and Ted Terry of Cushman & Wakefield represented the seller, while Michael Rademaker and Tony Hermosillo of MGR Real Estate represented the buyer in the transaction.

September 23, 2026

Leasing Activity Northeast Office Pennsylvania

BNY Signs 42,000 SF Office Lease in Wayne, Pennsylvania

by Taylor Williams September 23, 2026

WAYNE, PA. — BNY has signed a 42,000-square-foot office lease in Wayne, about 20 miles northwest of Philadelphia. The global financial services company will occupy the entire second floor of a three-story building within Chesterbrook, a 14-building office campus. Whit Hunter, Mike MacCrory and Doug Newbert of JLL represented the landlord, Rubenstein Partners, in the lease negotiations. JLL also represented BNY.

September 23, 2026

Development Florida Leasing Activity Mixed-Use Office Southeast

Hines, USD Sign Two Office Tenants at T3 FAT Village in Fort Lauderdale

by John Nelson September 23, 2026

FORT LAUDERDALE, FLA. — Hines and Urban Street Development (USD) have signed two new office tenants to join T3 FAT Village, a mass-timber office building within the $500 million FAT Village mixed-use redevelopment project in Fort Lauderdale’s Flagler Village. GXO Logistics Inc. will open a new 35,000-square-foot office at the six-story, 180,000-square-foot office building, and workplace furniture provider CBI Workplace Solutions will move its Fort Lauderdale operation to the property from Las Olas Boulevard. The companies are the first committed tenants at T3 FAT Village and will open their offices next year. Blanca Commercial Real Estate handles the office leasing assignment at T3 FAT Village. Christina Jolley, Chris Harak and Kevin Carrasco of Blanca CRE represented GXO in the lease negotiations, while David Hillegas and A.J. Belt of Cushman & Wakefield represented CBI Workplace Solutions. Hines and USD plan to announce the property’s ground-level retail and restaurant tenants later this year.

September 23, 2026

Newer Posts

Older Posts