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New York Life Provides $386M Loan for Refinancing of Midtown Manhattan Office Building

Taylor Williams — Fri, 25 Sep 2026 14:42:34 +0000

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.

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Gantry Secures $9M Permanent Loan for Office Building in Temecula, California

Amy Works — Fri, 25 Sep 2026 13:28:44 +0000

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.

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Tempus Realty Partners Acquires 546,548 SF Office Property in Minnesota for $66M

Kristin Harlow — Fri, 25 Sep 2026 13:11:27 +0000

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.

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Oil-Dri Renews Office Lease at Chicago’s Wrigley Building for 20,000 SF

Kristin Harlow — Fri, 25 Sep 2026 13:10:19 +0000

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.

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JLL Arranges $406M in CMBS Financing for Trammell Crow Center in Dallas

Abby Cox — Fri, 25 Sep 2026 11:04:00 +0000

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…

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

Taylor Williams — Wed, 23 Sep 2026 14:20:26 +0000

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.

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

Taylor Williams — Wed, 23 Sep 2026 14:11:24 +0000

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.

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

Amy Works — Wed, 23 Sep 2026 13:46:58 +0000

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.

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

Taylor Williams — Wed, 23 Sep 2026 13:28:03 +0000

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.

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

John Nelson — Wed, 23 Sep 2026 12:48:22 +0000

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.

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King & Spalding Signs 52,826 SF Office Lease in Uptown Dallas

Taylor Williams — Tue, 22 Sep 2026 14:42:45 +0000

DALLAS — King & Spalding has signed a 52,826-square-foot office lease in Uptown Dallas. The Atlanta-based law firm is taking the entire 12th and 13th floors of 23Springs, a newly constructed, 26-story building. John Izard, Carla Williams, Tom Sutherland and Ryan Hoopes of Cushman & Wakefield represented King & Spalding, which plans to take occupancy in the second quarter of next year, 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.

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Newmark Arranges Acquisition Financing for 1.7 MSF BRiC Office Campus in South Florida

John Nelson — Tue, 22 Sep 2026 14:19:07 +0000

BOCA RATON, FLA. — Newmark has arranged an undisclosed amount of acquisition financing for Boca Raton Innovation Campus (BRiC), a 1.7 million-square-foot office and research-and-development campus located at 5000 T-Rex Ave. in Boca Raton. West Palm Beach, Fla.-based Related Ross purchased the 124-acre property for an undisclosed price. According to South Florida Business Journal, the selling entity comprised locally based CP Group, DRA Advisors, Las Olas Capital Advisors and Rialto. Jordan Roeschlaub, Nick Scribani, John Caraviello and Josh King of Newmark arranged the acquisition financing through Ares Real Estate funds. The BRiC site used to serve as the regional headquarters campus for IBM. In addition to offices and laboratory space, BRiC features two cafés, an 800-seat presentation hall, multiple event spaces, a gym and direct shuttle service to the Boca Raton Tri-Rail station. Tenants at the campus include D-Wave Quantum Inc., Modernizing Medicine, Cinch Home Services, Allstar Recruiting Locums LLC and Everglades University.

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QSAC Signs 25,268 SF Office Lease in The Bronx

Taylor Williams — Tue, 22 Sep 2026 13:34:56 +0000

NEW YORK CITY — Quality Services for the Autism Community (QSAC) has signed a 25,268-square-foot office lease in The Bronx. The deal comprises 12,891 square feet of second-floor space and 12,377 square feet of outdoor space at 1200 Zerega Avenue, a two-story, 95,646 square-foot building. Josh Kleinberg of Colliers represented QSAC in the lease negotiations. Mathew Diana of DY Realty Group, in conjunction with in-house leasing agents, represented the owner, Simone Development Cos.

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CBRE Signs Three New Office Leases in Minneapolis Market

Kristin Harlow — Tue, 22 Sep 2026 12:55:28 +0000

MINNEAPOLIS — CBRE has signed three new office leases in the Minneapolis-St. Paul market. The brokerage firm signed a 15,586-square-foot lease at Arcadia in Edina for its advisory employees. CBRE’s John Ferlita and John Lorence represented the company. Opus is constructing the 118,000-square-foot, six-story building. CBRE is among the initial tenants scheduled to occupy the property upon delivery. CBRE also signed a 5,871-square-foot lease at U.S. Bancorp Center at 800 Nicollet Mall to provide a downtown option for its advisory employees. CBRE’s Brandon Megal represented the company in the transaction. The U.S. Bancorp Center is a 937,000-square-foot, 32-story building owned by Piedmont Realty Trust that has recently undergone extensive renovations. Additionally, CBRE inked a 27,331-square-foot lease at One Meridian in Richfield to house its BSO, property management accounting and investment accounting and reporting businesses. CBRE’s John Lorence represented the company in the lease. The 204,862-square-foot, eight-story building, also owned by Piedmont Realty Trust, is undergoing renovations. CBRE employees will relocate from Two MarketPointe in Bloomington into the three new office spaces in the first half of 2027. The new offices are part of CBRE’s Workplace360 program, which showcases the company’s “Future of Work” space standards, including technology and collaborative spaces…

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CBRE Arranges Sale of 91,306 SF Office Building in Camp Hill, Pennsylvania

Taylor Williams — Mon, 21 Sep 2026 13:28:48 +0000

CAMP HILL, PA. — CBRE has arranged the sale of West Shore Office Center, a 91,306-square-foot office building in Camp Hill, a southern suburb of Harrisburg. The seven-story building at 214 Senate Ave. was fully leased at the time of sale to tenants such as Morgan Stanley, Merrill Lynch, JEM Group, Hersha Hospitality and the U.S. Army Corp. of Engineers. Steve Marzullo, Adam Silverman, Jeremy Shyk and David Sickler of CBRE represented the undisclosed seller in the transaction and procured the buyer, locally based investment firm Linlo Properties.

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ProMedia Signs 27,780 SF Office Lease in Manhattan’s Hudson Square

Taylor Williams — Mon, 21 Sep 2026 13:03:44 +0000

NEW YORK CITY — ProMedia has signed a 27,780-square-foot office lease in Manhattan’s Hudson Square area. The production and media infrastructure company has committed to a full floor at 250 Hudson Street for the next 15 years. Gordon Ogden and Ava Beganovic of Bradford Allen represented ProMedia in the lease negotiations. Brett Greenberg and Adam Rappoport internally represented the landlord, Jack Resnick & Sons.

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JLL Arranges $113M in Financing for Office-to-Residential Conversion Project in Downtown Chicago

Taylor Williams — Mon, 21 Sep 2026 11:53:00 +0000

CHICAGO — JLL has arranged approximately $113 million in construction financing and joint venture equity for an office-to-residential conversion project located along downtown Chicago’s “Magnificent Mile” corridor. The sponsor, Commonwealth Development Partners, purchased the 25-story office building at 500 N. Michigan Ave. in August 2025 in partnership with Triangle Capital Group. That deal traded off-market and fetched a sales price of $5 million. Commonwealth is now in the process of converting the building into a 320-unit apartment community. Construction on the redevelopment began in May and is slated for a spring 2028 completion. The financing package consists of a $71.5 million nonrecourse construction loan from Santander Bank and $41.8 million in joint venture equity that was provided by Washington Capital Management on behalf of one of its institutional clients. Chris Knight, Ryan Planek and Annie Thomas of JLL secured both components of the package on behalf of Commonwealth. Upon completion, the adaptive reuse project will feature studio, one- and two-bedroom units, 64 of which will be designated as affordable housing. The development will offer amenities such as a rooftop pool, fitness center with a yoga room, coworking space, a multi-sport simulator, theater and concierge services. Residents at 500 N. Michigan…

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Worth & Associates Acquires 108,116 SF Office Complex in San Antonio

Taylor Williams — Fri, 18 Sep 2026 14:40:46 +0000

SAN ANTONIO — Locally based owner-operator Worth & Associates has acquired The Commons at Concord Park, a 108,116-square-foot office complex in San Antonio’s Stone Oak neighborhood. The property comprises four buildings with suites that range in size from 1,254 to 9,790 square feet. Todd Mills of Cushman & Wakefield represented the undisclosed seller in the transaction. Shawn Gulley represented Worth & Associates, which plans to make capital improvements to the property, on an internal basis.

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Whittier Comstock Acquires 135,308 SF Fairway Center II Office Property in Brea, California

Amy Works — Fri, 18 Sep 2026 13:13:22 +0000

BREA, CALIF. — The Whittier Comstock, a subsidiary of MW Investment and owned by Matt Waken, purchased Fairway Center II, an office property in Brea, from an undisclosed seller for $27.8 million. Anthony DeLorenzo, Sammy Cemo, Bryan Johnson and Jackson Marlow of CBRE represented the seller in the transaction. Shaun Moothart and Andrew Post of CBRE secured financing for the buyer. Located at 675 Placentia Ave., Fairway Center II offers 135,308 square feet of office space that was 70.5 percent leased at the time of sale. The County of Orange, Calif., occupies more than 61,000 square feet of the three-story building under a long-term lease. Situated on 7.8 acres, the asset also features 617 parking spaces in an onsite parking structure.

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Walker & Dunlop Arranges $293M Refinancing for Mixed-Use Property in Manhattan

Abby Cox — Fri, 18 Sep 2026 11:07:00 +0000

NEW YORK CITY — Walker & Dunlop (NYSE: WD) has arranged a $293 million loan for the refinancing of 40 Tenth Avenue, a 158,957-square-foot mixed-use building located in Manhattan. The property sits in the city’s Meatpacking District near Little Island, Hudson River Park and the Whitney Museum of American Art. 40 Tenth Avenue features 112,241 square feet of office space across floors three through 10, with 46,716 square feet of retail space situated on the first and second floors. Dustin Stolly, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Sean Reimer, Jordan Casella and Stanley Cayre of Walker & Dunlop secured the fixed-rate, permanent loan through Corebridge Financial on behalf of the borrower, a joint venture between Aurora Capital and William Gottlieb Real Estate. “40 Tenth Avenue stands out in building quality, location and experience — all elements that differentiate a property for tenants,” says Stolly, senior managing director of the Capital Markets Institutional Advisory team at Walker & Dunlop. “The fully leased office component, institutional tenant roster and substantial outdoor space demonstrate the continued demand for high-touch, well-located workplaces in New York.” According to Walker & Dunlop, the Meatpacking District is one of Manhattan’s most supply-constrained office and retail submarkets, making physical expansion and new commercial ground-up…

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