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2-Westlake-Houston
LoansOfficeTexas

Priority Capital Advisory Arranges $26.6M Refinancing of West Houston Office Building

by Taylor Williams

HOUSTON — Priority Capital Advisory, a Los Angeles-based intermediary, has arranged a $26.6 million bridge loan for the refinancing of 2 Westlake, a 467,609-square-foot office building located in the Energy Corridor area of West Houston. Atlanta-based Ardent Cos. provided the loan. The 17-story building is situated on a 5.4-acre site within the 2.8 million-square-foot Westlake office park and offers amenities such as a deli, coffee bar, conference center, tenant lounge and a fitness center. The borrower, global private equity firm Younan Co., purchased 2 Westlake for $21.5 million in late 2022, at which point the building was vacant.  

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Leasing ActivityOfficeTexas

Wright Close & Barger Signs 41,000 SF Office Lease in Downtown Houston

by Taylor Williams

HOUSTON — Wright Close & Barger LLP has signed a 41,000-square-foot office lease in downtown Houston. The law firm will relocate from the Galleria area to the 30th and 31st  floors of TC Energy Center, a 56-story, 1.2 million-square-foot tower located at 700 Louisiana St. The deal represents a footprint expansion of about 60 percent. Joshua Brown, Audrey Selber and Kaitlyn Duffie of Newmark represented the tenant in the lease negotiations. John Spafford of CBRE represented the landlord, M-M Properties.

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Leasing ActivityNew YorkNortheastOffice

Rabin & Partners Signs 10,881 SF Office Lease Renewal in Midtown Manhattan

by Taylor Williams

NEW YORK CITY — Rabin & Partners LLP has signed a 10,881-square-foot office lease renewal in Midtown Manhattan. The family law firm will remain a tenant at 11 Times Square, a 40-story, 1.1 million-square-foot building located at the corner of Eighth Avenue and 42nd Steet. Sam Seiler of CBRE represented the tenant in the lease negotiations. SJP Properties owns 11 Times Square.

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110 East
Leasing ActivityNorth CarolinaOfficeSoutheast

First Horizon Signs Lease to Occupy Three Floors at 110 East Office Building in Charlotte’s South End

by Abby Cox

CHARLOTTE, N.C. — Regional financial services company First Horizon Corp. has signed a lease at 110 East, a 370,000-square-foot office tower located in the South End neighborhood of Charlotte. Rhea Greene, Jennifer Kurz and John Hannon of Trinity Partners represented the landlord, a joint venture between Shorenstein and Stiles, in the lease negotiations. Bradley Rice of Fischer CRE represented the tenant along with internal representatives Tina Fullard and Joanna Britt of First Horizon. In the first half of 2026, First Horizon will relocate to 110 East, consolidating two of its current regional offices. As the anchor tenant, the firm will occupy 88,167 square feet across the top three floors of the building, bringing the tower to 70 percent occupancy. Other tenants include Coinbase, SPAR Media and SouthState Bank. 110 East was delivered in March 2024 and marks the tower’s first phase of a broader redevelopment plan to transform Charlotte’s South and East Boulevard into a walkable destination for office, retail and dining.

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790-E-Colorado-Blvd-Pasadena-CA
AcquisitionsCaliforniaOfficeWestern

Swift Real Estate Partners Sells 146,000 SF Office Building in Pasadena, California

by Amy Works

PASADENA, CALIF. — Swift Real Estate Partners has completed the sale of 790 East Colorado Boulevard, an office property in Pasadena, to Arash Danialifar of GD Realty for an undisclosed price. Originally built in the 1980s, 790 East Colorado Boulevard features 146,000 square feet of office space. The property offers operable windows and balconies, furnished outdoor terraces, a fitness center, covered parking, 24/7 security and a conference facility with board room, training room and full-service kitchen. The nine-story, LEED-Gold certified building is currently 70 percent leased. Andrew Harper, Jeff Bramson, Will Poulsen and Jacob Malloy of JLL represented the seller, while Omid Broukhim of Barak Investors Group represented the buyer in the deal.

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Leasing ActivityOfficeTexas

Boston Scientific Signs 30,821 SF Office Lease Near Downtown Austin

by Taylor Williams

AUSTIN, TEXAS — Biomedical engineering firm and medical device manufacturer Boston Scientific Corp. has signed an 11-year, 30,821-square-foot office lease at 3601 S. Congress Ave, just south of downtown Austin. The single-story building is part of Penn Field, a 16-acre campus that is a redevelopment of a former U.S. Army base. Local brokerage firm AQUILA Commercial, in partnership with CIM Group, represented the landlord, Creative Media & Community Trust Corp. (NASDAQ: CMCT), in the lease negotiations. The full-building lease brings Penn Field’s total occupancy to 93 percent.

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Leasing ActivityOfficeTexas

Stream Realty Partners Negotiates 19,906 SF Office Lease Expansion, Renewal in Houston

by Taylor Williams

HOUSTON — Stream Realty Partners has negotiated a 19,906-square-foot office lease expansion and renewal at Kirkwood Tower in West Houston. The 15-story, 286,000-square-foot building is located in the Energy Corridor and was recently purchased by affiliates of Apollo Global Management. Adam Ross and Danielle Rothchild of Stream represented the landlord in the lease negotiations. Campbell Puckett and Cooper Bagheri of Cushman & Wakefield represented the tenant, engineering firm Saulsbury Industries.

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11811-Teale-St-Culver-City-CA
AcquisitionsCaliforniaOfficeWestern

UNFOLD Acquires Creative Office Building in Culver City, California for $11M

by Amy Works

CULVER CITY, CALIF. — UNFOLD has purchased an ultra-creative office building, located at 11811 Teale St. in Culver City, from Therapy Studios for $11 million. UNFOLD also owns the adjacent building at 11801 Teale St. The buyer plans to create a campus environment with the acquisition of 11811 Teale Street. The 13,110-square-foot property is a semi-circular, Quonset hut-style creative office building featuring polished concrete floors, high/open ceilings and recording studios. The building previously served as a manufacturing support facility for the Hughes Aircraft Co. before being converted and renovated in 2018. Founded in 2012, UNFOLD is a digital creative agency that has grown to over 150 people with full-service capabilities in media, digital advertising, social media, website development and production services. Ben Silver of JLL represented UNFOLD, while Travis Landrum and Trevor Beldon of Industry Partners represented the seller in the deal.

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AcquisitionsIllinoisMidwestOffice

CBRE Brokers $3.2M Sale of Creative Office Building in Chicago’s River North

by Kristin Harlow

CHICAGO — CBRE has brokered the $3.2 million sale of 219 W. Chicago Avenue, a boutique creative office property in Chicago’s River North neighborhood. The asset spans 19,615 square feet and is currently 78 percent leased. CBRE’s Dominic Soltero, Tom Svoboda and John Saletta represented the undisclosed seller. The transaction marks the first investment in Chicago for the international buyer. The property benefits from DX-5 zoning, allowing for future conversion to high-rise residential, office or apartment use with ground-floor retail.

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