Office

MSC Group Opens 130,000 SF Office in Miami for North American Cruise Headquarters

by John Nelson January 27, 2026

MIAMI — MSC Group, a privately owned cruise ship operator based in Geneva, has opened a new 130,000-square-foot office in downtown Miami. The new offices house the headquarters of the company’s North American Cruise Division and brings together 400 MSC Group team members from both of the company’s brands: MSC Cruises (23 ships) and Explora Journeys (two luxury ships). “I am thrilled to welcome MSC Group’s North American Cruise Division headquarters to Miami-Dade County, just a few miles from PortMiami,” says Daniella Levine Cava, Mayor of Miami-Dade County. “This exciting investment will create hundreds of new jobs, generate meaningful economic impact and further strengthen Miami-Dade’s position as a global hub for cruise and cargo operations.” Cava and other civic and private stakeholders held a ribbon-cutting ceremony yesterday at Sawyer’s Walk to welcome MSC Group. MSC Group invested $100 million into the build-out of the new offices, which occupy the full seventh floor of Block 55 within Sawyer’s Walk, a 1.5 million-square-foot mixed-use development by SG Holdings. Other uses at Sawyer’s Walk include an 18-story affordable seniors housing tower and 180,000 square feet of retail space leased to tenants including Target, Five Below, Aldi, CVS, Starbucks, Ross Dress for Less and Burlington. …

January 27, 2026

Colorado Features Hospitality Industrial Multifamily Office Retail Self-Storage Seniors Housing Western Western Feature Archive

Real Estate Industry Displays ‘Uneven Performance’ Heading Into 2026, Says Valuation Firm IRR

by John Nelson January 27, 2026

DENVER — The U.S. commercial real estate industry is currently experiencing a mixed bag of demand generators and property-level performance, according to Integra Realty Resources (IRR), a commercial real estate valuation services firm based in Denver. IRR’s conclusions are expanded in Viewpoint 2026, the 33rd edition of the firm’s commercial real estate trends report. “As we enter 2026, we see that the economic environment is becoming more stable, but growth is slower and visibility remains limited,” says Nick Luettke, economist at Moody’s Analytics. “Inflation has eased from recent peaks and interest rates have started to trend lower, however, borrowing costs remain elevated relative to prior cycles. With labor markets softening and policy uncertainty still at play, economic conditions are supportive in some areas but restrictive in others, contributing to uneven performance across the U.S. commercial real estate market.” IRR partnered with Luettke for the macro-economic trends within the report and sought contributions from nearly 600 valuation advisors in the United States and Caribbean. The report delivers sector-specific insights along with three specialty property reports on healthcare and seniors housing, quick-service restaurants and self-storage. Some key findings and forecasts from the main report include: the sustained poor fundamentals within the highly fragmented …

January 27, 2026

Leasing Activity Office Texas

Bank of America Signs 70,914 SF Office Lease Renewal at Greenway Plaza in Houston

by Taylor Williams January 26, 2026

HOUSTON — Bank of America has signed a 70,914-square-foot office lease renewal at the 52-acre Greenway Plaza office complex in Houston. The banking giant will continue to occupy portions of the seventh and ninth floors at 20 Greenway Plaza, a 433,132-square-foot building. David Bale and Cody Little of JLL represented the tenant in the lease negotiations. Steve Rocher and Rima Soroka of CBRE represented the landlord, Los Angeles-based Stockdale Capital Partners.

January 26, 2026

Leasing Activity New York Northeast Office

Slarskey LLC Signs 12,278 SF Office Lease in Midtown Manhattan

by Taylor Williams January 26, 2026

NEW YORK CITY — Slarskey LLC has signed a 12,278-square-foot office lease in Midtown Manhattan. The law firm will occupy the entire 32nd floor of 825 Third Avenue, a 40-story building at which a $150 million capital improvement program was recently completed. David Hoffman and Sam Hoffman of Cushman & Wakefield represented the tenant in the lease negotiations. Tom Bow, Ashlea Aaron, Bailey Caliban and Sayo Kamara represented the landlord, The Durst Organization, on an internal basis.

January 26, 2026

Acquisitions Office Southeast Tennessee

Avison Young Arranges $6M Sale of Office Building in Suburban Nashville

by Abby Cox January 26, 2026

BRENTWOOD, TENN. — Avison Young has arranged the sale of 110 Westwood Place, a 24,000-square-foot office building located in Brentwood, a southern suburb of Nashville. Brents Herron of Charles Hawkins Co. represented the buyer and future tenant, Civil Constructors, in the transaction. Lisa Maki, Mike Jacobs and Jordan Powell of Avison Young represented the seller, Lawrence Bank. Civil Constructors will relocate its operations from Franklin, Tenn., to occupy the entire two-story building.

January 26, 2026

Leasing Activity Office Texas

CRC Group Signs 49,000 SF Office Lease at Lakeside Square in North Dallas

by Taylor Williams January 23, 2026

DALLAS — Insurance brokerage firm CRC Group has signed a 49,000-square-foot office lease at Lakeside Square in North Dallas. The move-in is underway, and the deal brings the complex to 85 percent occupied. Gini Rounsaville and Trevor Franke of JLL represented the landlord, Acram Group, in the lease negotiations, Conor McCarthy and Taylor Dickerson, also with JLL, along with Kyle Stanich of Lincoln Property Co., represented the tenant.

January 23, 2026

Development New York Northeast Office

Moinian Group Provides Updates on Spec Office Project in Manhattan

by Taylor Williams January 23, 2026

NEW YORK CITY — Locally based developer The Moinian Group has provided updates on its speculative office project at 220 11th Ave. in the West Chelsea area of Manhattan. The project was originally announced in February 2020, but construction was delayed until early 2022. The foundation of the nine-story, 210,000-square-foot building is now complete, and Moinian Group has appointed Newmark as the new leasing agent. Designed by David Burns Studio Architecture, the building will feature two sculptural terraces, a 12,470-square-foot landscaped rooftop and two penthouse terraces totaling 2,200 square feet. At street level, an 11,920-square-foot duplex space offers the potential for flagship retail or flexible commercial use. An expected completion date was not announced, but the project team says that a prospective anchor tenant can commence its interior buildout within 18 months of lease execution.

January 23, 2026

Loans New Jersey Northeast Office

CBRE Arranges $58M Loan for Refinancing of Office Complex in Short Hills, New Jersey

by Taylor Williams January 23, 2026

SHORT HILLS, N.J. — CBRE has arranged a $58 million loan for the refinancing of a two-building, 320,000-square-foot office complex in Short Hills, about 25 miles west of New York City. The property, which was 95 percent leased at the time of sale, offers amenities such as a fitness center with a yoga and meditation room, cafeteria and shuttle service to nearby public transit lines. Brad Zampa and Mike Walker of CBRE arranged the five-year, floating-rate loan on behalf of the owner, Columbia Pacific Advisors. An undisclosed, East Coast-based institutional real estate lender provided the funds.

January 23, 2026

Leasing Activity New Jersey Northeast Office

Cushman & Wakefield Negotiates 12,016 SF Office Lease in Hoboken

by Taylor Williams January 23, 2026

HOBOKEN, N.J. — Cushman & Wakefield has negotiated a 12,016-square-foot office lease in Hoboken. The tenant is cybersecurity firm Semperis, and the space is located on the ninth floor of the 13-story building at 111 River St., which is also home to Unilever’s new U.S. headquarters. Patrick Decker, Mina Shehata, David DeMatteis and Mark Zaziski of Cushman & Wakefield successfully represented Semperis in the lease negotiations. The landlord, SJP Properties, was self-represented.

January 23, 2026

Acquisitions Office Texas

JLL, Stream Broker Sale of 285,682 SF Office Building in Houston’s Energy Corridor

by Taylor Williams January 22, 2026

HOUSTON — JLL and Stream Realty Partners have co-brokered the sale of Kirkwood Tower, a 285,682-square-foot office building located in the Energy Corridor area of West Houston. The 16-story building, which was originally built in the early 1980s and renovated in 2015, was about 73 percent leased at the time of sale. Amenities include an executive penthouse, fitness center, sauna, wellness room, rooftop jogging track, a lobby bank, tenant lounge and a deli. Rick Goings and Jeff Hollinden of JLL represented the undisclosed seller in the transaction. The duo collaborated with Matthew Asvestas of Stream Realty Partners to represent the buyer, David Z. Mafrige Interests (DZMI). Stream has also been retained as the leasing agent.

January 22, 2026

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