Office

Real Capital Solutions Acquires Office Building in North Dallas for $26.1M

by Taylor Williams January 19, 2026

DALLAS — Colorado-based investment firm Real Capital Solutions (RCS) has acquired Walnut Glen, a 464,289-square-foot office building in North Dallas, for $26.1 million. The 18-story building, which is situated along North Central Expressway, was roughly 74 percent leased at the time of sale. RCS plans to upgrade the building’s lobby, fitness center and conference center and introduce move-in-ready office suites. Jonathan Napper of JLL brokered the deal. The seller was not disclosed. RCS has also hired Cushman & Wakefield as the leasing agent.

January 19, 2026

Leasing Activity Office Texas

High Point Signs 11,183 SF Office Lease at Assembly Park in Plano, Texas

by Taylor Williams January 19, 2026

PLANO, TEXAS — High Point has signed an 11,183-square-foot office lease in Plano. The family-owned, Christian travel agency is taking space within Assembly Park, a 180,000-square-foot property that is a redevelopment of the former Market Square Mall. Shannon Brown, Julee Amparo and Tommy Nelson of CBRE represented the landlord, Houston-based Triten Real Estate Partners, in the lease negotiations. Bret Hefton and Mason Graham of JLL represented the tenant.

January 19, 2026

Acquisitions California Office Western

CBRE Brokers $6.2M Sale of of Orange Plaza Office Building in Redlands, California

by Amy Works January 19, 2026

REDLANDS, CALIF. — CBRE has negotiated the sale of Orange Plaza, an office building located at 1615 Orange Tree Land in Redlands. A corporate seller sold the asset to an undisclosed buyer for $6.2 million. Sammy Cemo, Austin Reuland, Anthony DeLorenzo and Bryan Johnson of CBRE represented the seller in the transaction. Situated on 2.5 acres, the two-story building offers 36,360 square feet of office space and ample parking.

January 19, 2026

Leasing Activity New York Northeast Office

Fortune Society Signs 91,461 SF Office Lease Renewal, Expansion in Queens

by Taylor Williams January 19, 2026

NEW YORK CITY — The Fortune Society has signed a 31-year, 91,461-square-foot office lease renewal and expansion in the Long Island City area of Queens. The nonprofit organization that supports ex-convicts now occupies the entire 40,429-square-foot second floor, 37,469 square feet on the ground floor and 13,564 square feet on the lower level of the building at 29-76 Northern Blvd. Carri Lyon, David Lebenstein, Jared Thal and Nick Chin of Cushman & Wakefield represented the tenant in the lease negotiations.

January 19, 2026

Acquisitions California Office Western

REALM, Cannae Partners Acquire 66,000 SF Office Property in San Francisco

by Amy Works January 16, 2026

SAN FRANCISCO — REALM, in partnership with Cannae Partners, has purchased 340 Bryant Street, an office building in San Francisco’s South Beach submarket, for $10 million. At the time of sale, the 66,000-square-foot property was fully vacant. The seller was not disclosed. Originally constructed in 1932, the property was previously occupied by WeWork and renovated in 2015 with approximately $14.7 million of capital improvements. The four-story building features modern systems, exposed ceilings, creative finishes, a rooftop deck, showers, locker rooms and flexible zoning supporting office and research-and-development (R&D).

January 16, 2026

Illinois Leasing Activity Midwest Office

Transwestern to Relocate Downtown Chicago Headquarters, Signs 35,000 SF Lease

by Kristin Harlow January 16, 2026

CHICAGO — Transwestern Real Estate Services has unveiled plans to relocate its Chicago office to 123 N. Wacker Drive, signing a long-term lease for 35,000 square feet for the tower’s penthouse. The brokerage firm plans to take occupancy this fall. The firm is departing from its location at 200 W. Madison St. after nearly 20 years. The Chicago office is one of two Transwestern locations in the metro area, with a second office in Rosemont serving the suburban office and industrial markets. Transwestern will occupy floors 28-30 of the building. The 28th floor features private outdoor space, while the 30th floor provides direct access to the building’s tenant lounge. The property also features a refreshed lobby, indoor-outdoor workspaces, a coffee bar, conferencing facilities and fitness center. Eric Myers of Transwestern and the firm’s agency leasing team will partner with Sterling Bay in representing office leasing at 123 N. Wacker Drive this year. The Transwestern team has prior experience with leasing the building. Larry Serota represented Transwestern on an internal basis, while Russ Cora and Austin Lusson of Sterling Bay represented the landlord.

January 16, 2026

Loans New York Northeast Office Top Stories

Moinian Group Receives $310M Loan for Refinancing of Midtown Manhattan Office Property

by Abby Cox January 16, 2026

NEW YORK CITY — The Moinian Group has received a $310 million loan for the refinancing of 535-545 Fifth Avenue, a two-building office and retail property located near Grand Central Terminal in Midtown Manhattan. Deutsche Bank and Société Générale co-funded the loan, while Drew Anderman, Eddie Haber, AJ Bruno and Jared Fried of CBRE represented The Moinian Group in the debt placement process according to CoStar Group. “This refinancing underscores the value of prime Fifth Avenue assets and our disciplined approach to asset management,” says Joseph Moinian, founder & CEO of The Moinian Group. “We are pleased to secure attractive financing that positions the property for continued long-term success.” Situated between East 44th and East 45th streets, both buildings underwent renovations in 2009, with Gensler serving as the architect. Known for its pre-war architecture, the 36-story structure at 535 Fifth Avenue was originally completed in 1927. Spanning 329,733 square feet, the complex is occupied by several corporations, financial institutions, law firms and service organizations. Located adjacent to the first office building, 545 Fifth Avenue rises 13 stories tall and totals roughly 165,000 square feet of space. The building offers additional ground-floor retail space that houses tenants such as Best Buy and …

January 16, 2026

Development Loans Multifamily New York Northeast Office

IPA Arranges $93.5M Construction Loan for Office-to-Residential Conversion Project in Manhattan

by Taylor Williams January 15, 2026

NEW YORK CITY — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged a $93.5 million construction loan for an office-to-residential conversion project in Manhattan. The 13-story, 147,101-square-foot office building at 830 Third Ave. was built in 1958 and renovated in 1994 and includes 7,121 square feet of ground-floor retail space. The borrower, a joint venture between Namdar Realty Group and Empire Capital Holdings, plans to convert the property into a 188-unit apartment complex with 124 studios, 60 one-bedroom units and four two-bedroom units. Marko Kazanjian, Max Herzog, Max Hulsh and Andrew Cohen of IPA arranged the financing through Deutsche Bank on behalf of the developer.

January 15, 2026

Acquisitions Illinois Midwest Office Top Stories

Real Capital Solutions Acquires Chicago Office Tower for $132.5M

by Hayden Spiess January 15, 2026

CHICAGO — Real estate investment firm Real Capital Solutions (RCS) has acquired 401 N. Michigan Ave., a Class A office tower in Chicago, for $132.5 million. Situated on the Chicago River’s north bank along the city’s Magnificent Mile, the property totals 35 stories and 747,522 square feet. According to RCS, the acquisition price represents a 77.8 percent discount relative to replacement cost. The seller was not disclosed, but Crain’s Chicago Business reports that a joint venture led by locally based Walton Street Capital sold the tower. The news outlet also reports that the transaction represents the highest sales price for a Chicago office tower since 2022. 401 N. Michigan was roughly 87 percent leased at the time of sale. Tenants of the building include the Accreditation Council for Graduate Medical Education, the American Dental Association, Scion and private equity firm BDT & MSD Partners. Since 2023, more than 275,000 square feet of leasing activity has been executed at the property. The building also recently underwent $17 million in renovations, including improvements to the lobby and amenity spaces. “The acquisition of 401 N. Michigan represents a rare opportunity to secure a top-performing, institutional office tower in an irreplaceable riverfront location,” says Adam Abeln, chief …

January 15, 2026

Acquisitions Florida Office Southeast

Cross Ocean, CP Group Acquire Central Florida Office Portfolio for $96M

by John Nelson January 14, 2026

ORLANDO, FLA. — Cross Ocean Partners and CP Group have acquired an eight-property office portfolio in Central Florida for $96 million. The properties span 722,456 square feet and include Central Fairwinds in downtown Orlando (169,600 square feet); 1101 Greenwood in Lake Mary (155,048 square feet); Research Commons and Tech Point I and II in Orlando (188,738 square feet); Ingenuity Point in Orlando (125,616 square feet); and University Tech Center in Orlando (83,454 square feet). The portfolio was 93 percent occupied at the time of sale to tenants including the U.S. Army Corps of Engineers, Fairwinds Credit Union, Siemens Energy, Galen College of Nursing, Abbott Rapid Dx, Health First and the U.S. General Services Administration (GSA). Robbie McEwan and Matt McCormack of JLL represented the undisclosed seller in the transaction. CP Group will retain JLL to oversee leasing across the portfolio.

January 14, 2026

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