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2831-Camino-del-Rio-S-San-Diego-CA

SAN DIEGO — Pacific Coast Commercial has arranged the sale of an office property located at 2831 Camino del Rio S in San Diego. An entity doing business as Camino Del Rio South LLC sold the asset to 2381 Camino Del Rio South LLC for $6.2 million. Tommas Golia, Jason Vieira and Colton Speas of Pacific Coast Commercial represented the seller, while the buyer was self-represented in the deal. Stewart Title Guaranty Co. handled escrow and title services for the transaction.

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CORAL GABLES, FLA. — The City of Coral Gables has purchased a medical office building located at 475–495 Biltmore Way in the city’s downtown district for $24 million. ShareMD sold the 53,029-square-foot property, which shares a city block with Coral Gables City Hall and the City’s Planning and Zoning Department. The City of Coral Gables, which now controls the entire block, has retained ShareMD’s property management affiliate, Medicus Asset Management LLC, to continue managing the building for an initial one-year term. Blanca Commercial Real Estate was the leasing agent for the property. In addition to the sale, ShareMD has announced it is rebranding to Parallel Medical Properties effective immediately. The firm owns and operates a 500,000-square-foot portfolio of medical office buildings in Florida and California.

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RESTON, VA. — Comstock Holding Cos. Inc. has obtained $299.1 million for the refinancing of the first three office towers within Reston Station, a 90-acre mixed-use development that surrounds the Wiehle-Reston East Metro Station in Northern Virginia. The office towers — 1900, 1902 and 1906 Reston Metro Plaza — were fully leased at the time of loan closing to firms including Google, ICF, CARFAX, FM and Amentum. Eastdil Secured Savills arranged the financing on behalf of Comstock Partners LC, a privately held affiliate of Comstock. Bank of America served as lead manager and sole bookrunner for the refinancing, which was used to fully repay a $292.9 million loan provided by Blackstone Real Estate Debt Strategies.

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2525-McKinnon-Dallas

DALLAS — HALL Group has acquired 2525 McKinnon Street, a 112,000-square-foot office building in Uptown Dallas. The eight-story building was constructed in 2003 at the nexus of McKinnon Street, Olive Street and Cedar Springs Road. HALL Group plans to make capital improvements to the building, including a refresh of the lobby and common areas, the addition of new spec suites and a modernization of building systems, as well as to rebrand the building as HALL Uptown. Eastdil Secured brokered the deal. The seller and sales price were not disclosed.

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GARDEN CITY, N.Y. — Stark Office Suites has expanded its coworking space in the Long Island community of Garden City. The provider of flexible workspace solutions now occupies 14,553 square feet within the building at 1225 Franklin Ave. The space features furnished private offices, professional receptionist services and conference room access. Stark now operates 11 coworking facilities in New York and two in Connecticut.

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DETROIT — Jarbou Ronnisch Construction (JRC) has acquired an office building located at 1265 Griswold St. in Detroit’s Capitol Park from Bedrock. The company is expanding its Detroit presence and will occupy 6,000 square feet of the building’s fourth floor. JRC, which anticipates moving into the space in the second quarter of 2027, will invest between $3 and $4 million in capital improvements, including façade renovations and tenant build-outs. Current tenants include Gensler. The historic property totals 35,000 square feet and rises six stories. Constructed in 1897, the building was designed by the Detroit architectural firm Spier & Rohns. In 2013, Bedrock purchased the asset, which was renovated by Neumann Smith Architects. JRC’s sister company, Symmetry Management, will serve as property manager.

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HOUSTON — HRSS CPAs has signed a 19,569-square-foot office lease in Houston’s Westchase district. The accounting firm will relocate from the building at 6671 Southwest Freeway to a full floor within Millennium Tower, a 21-story, 362,849-square-foot building. Lucian Bukowski and Kylee Antweil of Stream Realty Partners represented HRSS in the lease negotiations. J.P. Hutcheson of Cushman & Wakefield represented the landlord, an entity doing business as Millennium Tower LLC.

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NEW YORK CITY — JAMS, a provider of mediation and arbitration services for legal disputes, has signed an 11-year, 55,335-square-foot office headquarters lease in Midtown Manhattan. The space spans the top two floors at 3 Times Square, a 30-story, 925,000-square-foot tower. Ken Rapp, Brendan Herlihy and Ron Wade of CBRE represented JAMS in the lease negotiations. Ron LoRusso, Lou D’Avanzo, John Cefaly, Michael Burgio, Dan Organ and Paige Engeldrum of Cushman & Wakefield, along with internal agent Kevin Daly, represented the landlord, Rudin.

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148-Lafayette-St.-Manhattan

NEW YORK CITY — Tishman Speyer has sold 148 Lafayette Street, a 12-story office building in Manhattan’s SoHo neighborhood, for $132.5 million. The 153,000-square-foot building was constructed in 1913 and renovated in 2017. A the time of sale, the office space was fully leased to companies such as venture capital firm General Catalyst, cosmetics firm Charlotte Tilbury and AI code review platform Graphite. The building’s retail space is also fully leased to boxing gym Five Points Academy and clothing store 260 Sample. Adam Spies and Avery Silverstein of Newmark represented Tishman Speyer, which acquired the building in June 2025 for $105.5 million, in the transaction. The buyer was San Francisco-based Shorenstein Investment Advisers.

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NORTH CHARLESTON, S.C. — Atlanta-based SK Investment Group and locally based Weaver Capital Partners have acquired a two-building office portfolio in North Charleston for $21 million. The seller was not disclosed. The properties, Rivergate I and II, span 116,409 square feet and are located at 4975 and 4995 Lacross Road, adjacent to the $1.2 billion Roper St. Francis Healthcare campus project that is set to open in 2029. Rivergate I and II were 93 percent occupied at the time of sale.

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