Office Archives - REBusinessOnline

Newmark Brokers Sale of 1 MSF Colonnade Office Campus in Addison, Texas

Taylor Williams — Wed, 04 Nov 2026 16:34:46 +0000

ADDISON, TEXAS— Newmark has brokered the sale of The Colonnade, an approximately 1 million-square-foot office campus located in the northern Dallas metro of Addison. The campus spans 12.4 acres and comprises three buildings that are connected by an enclosed, four-story atrium. The Colonnade was sold through the receivership process, with Stephen Schwalb, Chris Murphy, Robert Hill, Gary Carr and Austin Sheahan of Newmark representing the seller, a partnership between Trigild and CWCapital, in the transaction. The buyer, a partnership between Connecticut-based Cross Ocean Partners and Dallas-based Lincoln Property Co., has committed to investing approximately $100 million to reposition the campus. Initial property improvements are underway, with the first phase of upgrades expected to be completed throughout 2027.

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Partnership Acquires 828,784 SF Office Campus in Houston’s Energy Corridor

Taylor Williams — Wed, 04 Nov 2026 16:29:13 +0000

HOUSTON — A partnership between Connecticut-based Cross Ocean Partners and Houston-based Fuller Realty has acquired Eldridge Place, an 828,784-square-foot office campus in Houston’s Energy Corridor. Eldridge Place comprises three buildings that span 245,315, 275,283 and 308,186 square feet. Engineering and construction firm Fluor Corp. anchors the campus with a footprint of 413,000 square feet, including occupancy of the entire third building. Other tenants at Eldridge Place, which had a campus-wide occupancy rate of 94 percent at the time of sale, include SM Energy, Pemex Procurement International, BakerRisk, Certarus and Petrobras America. Amenities include a fitness center, pickleball courts, a deli and a conference facility. The seller and sales price were not disclosed.

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Northwind Group Provides $231M Construction Loan for Office-to-Residential Conversion Project in Manhattan

Taylor Williams — Wed, 04 Nov 2026 16:00:48 +0000

NEW YORK CITY — Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, has provided a $231 million construction loan for an office-to-residential conversion project in Manhattan. The borrower is joint venture between Metro Loft Management and David Werner Real Estate Investments, and the building in question is 675 Third Avenue, a 32-story, 337,000-square-foot tower in the Midtown East submarket. The conversion could add as many as 450 new apartments to the local supply, inclusive of a 25 percent affordable housing component. The joint venture, which acquired the building last spring, has tapped Gensler and Collaborative Construction Management as project partners. A construction timeline was not announced.

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Pacific Coast Commercial Brokers Sale of 30,887 SF Office Building in San Diego

Amy Works — Tue, 03 Nov 2026 16:15:55 +0000

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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City of Coral Gables Acquires Downtown Medical Office Building from ShareMD for $24M

John Nelson — Tue, 03 Nov 2026 15:09:40 +0000

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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Comstock Obtains $299.1M Refinancing for Office Towers at Reston Station in Northern Virginia

John Nelson — Mon, 02 Nov 2026 15:47:25 +0000

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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HALL Group Acquires 112,000 SF Office Building in Uptown Dallas

Taylor Williams — Mon, 02 Nov 2026 15:14:36 +0000

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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Stark Office Suites Expands Coworking Space in Garden City, New York

Taylor Williams — Mon, 02 Nov 2026 14:28:41 +0000

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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Jarbou Ronnisch Construction Buys Detroit Office Building from Bedrock

Kristin Harlow — Fri, 30 Oct 2026 13:47:12 +0000

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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HRSS CPAs Signs 19,569 SF Office Lease in Houston’s Westchase District

Taylor Williams — Thu, 29 Oct 2026 14:50:35 +0000

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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JAMS Signs 55,335 SF Office Headquarters Lease in Midtown Manhattan

Taylor Williams — Thu, 29 Oct 2026 14:31:06 +0000

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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Tishman Speyer Sells Manhattan Office Building for $132.5M

Taylor Williams — Wed, 28 Oct 2026 14:12:00 +0000

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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SK Investment, Weaver Capital Acquire Office Portfolio in North Charleston for $21M

John Nelson — Wed, 28 Oct 2026 13:47:35 +0000

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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CBRE Brokers $14.3M Sale of Office Property in La Palma, California

Amy Works — Wed, 28 Oct 2026 13:46:39 +0000

LA PALMA, CALIF. — CBRE has brokered the sale of an office building located at 20 Centerpointe Drive in La Palma. A local private investor acquired the property from an institutional seller for $14.3 million, or $255 per square foot. Anthony DeLorenzo, Sammy Cemo, Bryan Johnson and Jackson Marlow of CBRE represented the seller in the deal. Built in 1988 on 3.5 acres, the single-story property features 56,175 square feet of office space and 194 parking spaces. At the time of sale, the building was 84 percent leased. Current tenants include Convergint Technologies, ISEC Inc. and Telecare Corp.

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Dinerstein Sells 82,692 SF Office Building in Houston’s Greenway Plaza

Taylor Williams — Tue, 27 Oct 2026 14:42:46 +0000

HOUSTON — The Dinerstein Cos., a locally based owner-operator, has sold 3411 Richmond, an 82,692-square-foot office building in Houston’s Greenway Plaza district. The seven-story office building was constructed in 1968 (renovated in1996) and was 89 percent leased at the time of sale. Marty Hogan of JLL and David Anderson of Cresa co-represented The Dinerstein Cos. in the transaction. Evelyn Ward and Paula Musa of Transwestern represented the buyer, HRGI Development LLC.

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JLL Arranges Loan for Refinancing of 160,904 SF Office Building in Princeton

Taylor Williams — Tue, 27 Oct 2026 14:03:17 +0000

PRINCETON, N.J. — JLL has arranged a $15.3 million loan for the refinancing of a 160,904-square-foot office building in Princeton. The four-story building at 500 College Road E was constructed in 1984 and renovated in 2022 and now offers amenities such as a café, fitness center, employee lounge with games and a multimedia conference and training facility. Michael Klein, Gregory Nalbandian, Nazario Paragano and Kevin Badger of JLL arranged the four-year, fixed-rate loan through an undisclosed life insurance company. The borrower is a partnership led by Bergman Real Estate Group.

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Grover Corlew Purchases Office Tower in Fort Lauderdale for $69.7M, Plans $20M Overhaul

John Nelson — Tue, 27 Oct 2026 13:57:03 +0000

FORT LAUDERDALE, FLA. — Grover Corlew has purchased 200 East Broward, a 21-story, 235,211-square-foot office building in downtown Fort Lauderdale, for $69.7 million. The Boca Raton, Fla.-based firm plans to invest $20 million in capital improvements at the office building over the next two years, including overhauling the elevator bay and main lobby and building an amenity deck with a gym and conference facilities. Hermen Rodriguez and Ike Ojala of JLL represented the undisclosed seller in the transaction. Paul Stasaitis, also with JLL, arranged an undisclosed amount of acquisition financing through BridgeInvest.

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NYC Taxi & Limousine Commission Signs 39,000 SF Office Headquarters Lease in Lower Manhattan

Taylor Williams — Tue, 27 Oct 2026 13:27:13 +0000

NEW YORK CITY — The New York City Taxi and Limousine Commission has signed a 39,000-square-foot office headquarters lease in Lower Manhattan. The space spans the entire fourth floor and part of the fifth floor at 250 Broadway, a 31-story, 648,000-square-foot building. Gus Field of Cushman & Wakefield represented the tenant in the lease negotiations. Brad Gerla, Michael Rizzo and Alex Benisatto of CBRE, along with internal agent, Anne Holker, represented the landlord, AmTrust RE.

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Deloitte Renews 22,040 SF Office Lease in Downtown St. Louis

Kristin Harlow — Mon, 26 Oct 2026 13:03:01 +0000

ST. LOUIS — Longtime tenant Deloitte has renewed its office lease for 22,040 square feet at the Deloitte Building in downtown St. Louis. Additionally, owner Stanton Road Capital (SRC) has completed The Outpost, a new amenity center at the 12-story building. The Outpost includes a fully modernized fitness center, conference facility, lounge and grab-and-go food-and-beverage options. The amenity package is part of SRC’s broader repositioning of the 260,000-square-foot property. Andy Gooliak, John Salsberry and Aly Brooks of Colliers represented Deloitte. Tom Bajardi, Brandon Wappelhorst and Nick Fiquette of Sansone Group are the leasing brokers for the Deloitte Building.

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Virtu Signs 55,000 SF Office Lease at The Republic in Downtown Austin

Taylor Williams — Fri, 23 Oct 2026 14:22:41 +0000

AUSTIN, TEXAS — Virtu has signed a 55,000-square-foot office lease at The Republic, a 48-story office building in downtown Austin. The global financial services firm will occupy two high-rise floors. CBRE and Sage Realty NYC co-represented Virtu in the lease negotiations. A partnership between San Francisco-based DivcoWest, Phoenix Property Group and Lincoln Property Co. owns The Republic, and Lincoln also handles leasing efforts at the property.

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