Office Archives - REBusinessOnline

Three Tenants Sign Office Leases Totaling 36,548 SF at Frisco Station

Taylor Williams — Fri, 22 May 2026 15:36:08 +0000

FRISCO, TEXAS — Three tenants have signed office leases totaling 36,548 square feet at Frisco Station, a 242-acre mixed-use development located north of Dallas. The tenants — architecture and engineering firm Parkhill (26,254 square feet), cement manufacturer Ash Grove (5,174 square feet) and financial advisory group Raymond James (5,120 square feet) — will all occupy space at Offices Three at Frisco Station. A partnership between Hillwood, VanTrust Real Estate and The Rudman Partnership owns Frisco Station.

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PAGEWOOD Breaks Ground on Adaptive Reuse Project in Downtown Houston

Taylor Williams — Wed, 20 May 2026 14:45:22 +0000

HOUSTON — Local developer PAGEWOOD has broken ground on Phase I of East Blocks, an adaptive reuse project in Houston’s East Downtown neighborhood. Designed by Gensler and developed in partnership with Wile Interests, the project will transform a 10-block stretch of mid-20th century warehouses into a district of walkable restaurants, shops, offices and green spaces. Phase I involves the conversion of two 15,000-square-foot warehouses at 1107 Hutchins St. and 2202 Dallas St. Delivery of Phase I is slated for August.Phase I

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MiQ Digital USA Signs 18,600 SF Office Lease Expansion in Midtown Manhattan

Taylor Williams — Wed, 20 May 2026 13:58:22 +0000

NEW YORK CITY — MiQ Digital USA, an AI-powered advertising company, has signed an 18,600-square-foot office lease expansion at 261 Fifth Avenue, a 25-story, 450,000-square-foot building in Midtown Manhattan. A tenant at the building since 2018, MIQ will relocate from its spaces on the 25th and 26th floors to the entire 20th and 21st floors, as well as part of the 19th floor, yielding a total new footprint of 42,000 square feet. Chase Gordon and Tyler Marshall of Transwestern, along with Josh Kurstin of Colliers, represented MIQ in the lease negotiations. Andrew Wiener, Kyle Young and Tim Parlante represented the landlord, The Feil Organization, on an internal basis.

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Newmark Arranges Sale, Financing of 1.4 MSF Office Campus in Irving

Taylor Williams — Tue, 19 May 2026 14:43:42 +0000

IRVING, TEXAS — Newmark has arranged the sale and financing of The Towers at Williams Square, a 1.4 million-square-foot office campus in Irving’s Las Colinas district. The Towers at Williams Square consists of four buildings, three of which are interconnected, and that recently underwent $25 million in renovations across the lobbies, amenity spaces and other common areas. Chris Murphy, Gary Carr, Robert Hill and Austin Sheahan of Newmark represented the undisclosed seller in the transaction. Andrew Porteous, Clint Frease, Chris McColpin and Josh Francis, also with Newmark, arranged acquisition financing on behalf of the buyer, a joint venture between Vanderbilt Office Properties, Hillwood and TriPost Capital Partners. The campus was 76 percent leased at the time of closing.

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Colliers Brokers Sale of 45,800 SF Office Building in Warren, New Jersey

Taylor Williams — Tue, 19 May 2026 13:17:24 +0000

WARREN, N.J. — Colliers has brokered the sale of a 45,800-square-foot office building in the Central New Jersey community of Warren. The building at 45 Technology Drive was vacant at the time of sale. Jacklene Chesler, Patrick Norris and Brittany Leventoff of Colliers represented the seller and procured the buyer and future occupant, both of which requested anonymity, in the transaction.

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Steadfast Financial Signs 21,640 SF Office Lease Renewal in Midtown Manhattan

Taylor Williams — Tue, 19 May 2026 13:11:50 +0000

NEW YORK CITY — Steadfast Financial LP has signed a 21,640-square-foot office lease renewal in Midtown Manhattan. The investment advisory firm will continue to occupy the entire 20th and 21st floors at 450 Park Avenue, a 33-story building that was originally constructed in 1972. Ben Friedland and Taylor Scheinman of CBRE represented the tenant in the lease negotiations. The landlord, SL Green, was self-represented.

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A Winning Recipe for Office Conversions

Kristin Harlow — Tue, 19 May 2026 12:30:00 +0000

The number of underutilized office buildings being converted into apartment units continues to steadily rise, largely due to the acceptance that the post-COVID hybrid work format is here to stay. At the start of 2026, the national office-to-apartment conversion pipeline reached 90,300 units, up 28 percent year over year and nearly four times larger than in 2022, according to RentCafe, a sister company of Yardi Matrix. Office conversions now account for almost half (47 percent) of all planned adaptive reuse projects nationwide (roughly 90,300 apartments out of 193,900 planned projects). Behind New York City and Washington, D.C., Chicago ranks third on the list for the largest office-to-apartment conversions pipeline, according to RentCafe. Cleveland and Cincinnati round out the top 10. Five other Midwest markets — Detroit, Minneapolis, Kansas City, Milwaukee and St. Louis — are included in the top 20. These cities are deploying combinations of tax-increment financing (TIF), local tax abatements, Housing Trust Fund dollars and historic tax credits to support office conversions in their downtown districts, says Al Fiesel, commercial business unit leader at Chicago-based LJC Design & Engineering. “The specific tools differ by market, but the underlying premise recognizes that public participation is the mechanism that makes…

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The Dawn of Y’all Street: What the Texas Stock Exchange Means for Big D

Taylor Williams — Tue, 19 May 2026 12:08:00 +0000

By Garrett Karam, chief investment officer, EMBREY The Texas Stock Exchange (TXSE) represents the most serious attempt in 55 years to challenge the NYSE-Nasdaq duopoly and signals something that has not happened in generations: New York City’s monopoly on exchange infrastructure now has a credible challenger. As the TXSE prepares to launch in phases through 2026, EMBREY, a San Antonio-based investment and development firm, shares insights on how the exchange could further reinforce Dallas-Fort Worth’s (DFW) emergence as one of the country’s most important financial and economic centers. We also consider the direct implications for long-term economic growth and multifamily demand correlated to the launch of TXSE. Announced in 2024 and approved by the SEC in 2025, the TXSE has already raised more than $270 million from institutions including BlackRock, Citadel Securities, J.P. Morgan, Goldman Sachs, Bank of America and Charles Schwab. The exchange’s pitch to public companies centers around lower listing costs, fewer prescriptive requirements and a governance framework designed for operators. Combined with the state’s broader efforts to position itself as an increasingly attractive destination for business and corporate investment, the TXSE reinforces a larger shift already underway across North Texas. The exchange arrives at a time in…

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JLL Inks 70,000 SF of New Leases at Westside Paper Adaptive Reuse Development in Atlanta

Abby Cox — Mon, 18 May 2026 13:45:19 +0000

ATLANTA — JLL has inked five new leases totaling 70,000 square feet at Westside Paper, a 15-acre adaptive reuse development located along the Atlanta BeltLine. Packsize, an on-demand packaging and automation company, signed a lease for 30,000 square feet. Construction Resources, which is owned by The Home Depot, is adding to their existing 50,000-square-foot showroom with a 23,000-square-foot office lease for its new headquarters. Disguise, a global visual experience technology company, will occupy 10,000 square feet, while Luxe Bridal will occupy 3,000 square feet. In the past 20 months, 180,000 square feet of new leases have been signed at Westside Paper. The project is now 75 percent occupied. Andrew Walker and Lauren Curran of Colliers represented Disguise; Jeremy Krause and Ben Kronman of CBRE represented Packsize; and Jeff Pollock of Pollock Commercial represented Luxe Bridal. David Horne, Caroline Fisher and Randy Joering of JLL represented ownership for the office lease negotiations, while Shelbi Bodner of Bridger Properties represented ownership for the retail leases. Developed and owned by FCP, a subsidiary of Federated Hermes Inc., and Atlanta-based Westbridge, Westside Paper is a 70-year-old former industrial warehouse that spans 245,000 square feet of mixed-use space.

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Silicon Valley Initiative Partnership Receives $74.1M in Financing for Office-to-Residential Conversion Project in San Jose

Amy Works — Mon, 18 May 2026 13:44:30 +0000

SAN JOSE, CALIF. — Silicon Valley Initiative Partnership has received $74.1 million in financing for the conversion of the historic Bank of Italy building, located at 12 S. 1st St. in downtown San Jose, into a mixed-use residential and retail property. Deutsche Bank provided the financing. Originally constructed in 1926, the 13-story office tower will be transformed into a 126,000-square-foot multifamily and commercial space. The residential portion will feature 109 studio, one- and two-bedroom, market-rate apartments complemented by a fitness center, lounge and an outdoor terrace. Dave Karson, Chris Moyer, Alex Lapidus and Chris Meloni of Cushman & Wakefield arranged the financing on behalf of of the borrower.

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Trade Winds Properties Acquires Office Condos in Tucson for $1.8M

Amy Works — Mon, 18 May 2026 13:41:55 +0000

TUCSON, ARIZ. — Trade Winds Properties LLC has purchased 13,602 square feet of office condos within St. Mary’s Medical Plaza II, located at 1704 W. Anklam Road in Tucson. NWI St. Mary Medical Plaza Holdco LLC sold the assets for $1.8 million. Thomas Nieman and Bryce Horner of Cushman & Wakefield | PICOR represented the seller, while Timothy Redelsperger of Long Realty Uptown represented the buyer in the deal.

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Two Tenants Join Pennant Park Office Campus Near Atlanta Braves Stadium

Abby Cox — Mon, 18 May 2026 13:35:00 +0000

ATLANTA — Two tenant have joined the tenant roster at Pennant Park, a six-building, 763,465-square-foot office complex located adjacent to The Battery Atlanta, the mixed-use village surrounding Truist Park, the home ballpark of the Atlanta Braves. Chattanooga College, a for-profit post-secondary institution, has signed an 11-year lease for 27,000 square feet, while parking garage operator LAZ Parking has signed a 10-year, 5,700-square-foot office lease that will serve as its regional headquarters. Both tenants will occupy space in the 360 Building at Pennant Park. Atlanta Braves Holdings Inc. — owner and operator of the Atlanta Braves MLB team, the Battery Atlanta mixed-use development and Truist Park — purchased Pennant Park in April 2025.

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Latham & Watkins Signs 131,000 SF Office Lease Expansion in Midtown Manhattan

Taylor Williams — Mon, 18 May 2026 13:24:12 +0000

NEW YORK CITY — Latham & Watkins has signed an 11-year 131,000-square-foot office lease expansion in Midtown Manhattan. The law firm now occupies 251,000 square feet at 1285 Avenue of the Americas. Scott Gamber, Craig Reicher and Emily Chabrier of CBRE represented the tenant in the lease negotiations. Robert Alexander, Ryan Alexander, Taylor Callaghan, Alexander Benisatto and Walter Graham of CBRE, along with Patrick Murphy of JLL and internal agents William Elder and Daniel Birney, represented the landlord, RXR.

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Remedi SeniorCare Signs 10,248 SF Lease Renewal at Flex Building in Plano

Taylor Williams — Fri, 15 May 2026 14:02:59 +0000

PLANO, TEXAS — Remedi SeniorCare of Dallas has signed a 10,248-square-foot lease renewal at 2600 Research Drive, a flex building in Plano. Brian Pafford and Jared Laake of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Kennington Research LLC, in the lease negotiations. Jude Collins and Jake Griffin of Cushman & Wakefield represented the tenant.

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Colliers Brokers Sale of 321,000 SF Office Building in Kansas City

Kristin Harlow — Fri, 15 May 2026 13:22:57 +0000

KANSAS CITY, MO. — Colliers has brokered the sale of 2323 Grand Boulevard in Kansas City’s Crown Center submarket. Evan Warwick of Colliers represented the seller, Stanton Road Capital LLC. Bryan Johnson of Colliers represented the buyer, Crain Co., a multifamily acquisition and development company based in Wichita. Amenities at the property include a full-service cafeteria with outdoor seating, dedicated management and maintenance teams, 24-hour security and a fitness center. Recent capital enhancements included a renovated lobby, common areas and elevator systems. The 11-story building was developed in 1985. Stanton Road Capital acquired the property in 2017.

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CBRE Arranges 40,000 SF Office Lease at Tower Square in Midtown Atlanta

Abby Cox — Fri, 15 May 2026 13:16:24 +0000

ATLANTA — CBRE has arranged a 40,000-square-foot office lease at Tower Square, a 1.5 million-square-foot office complex located at 675 W. Peachtree St. in Midtown Atlanta. The tenant, locally based medical imaging technology company OXOS, is relocating from its nearby headquarters at 1100 Peachtree. This transaction marks the first lease at Tower Square since AT&T vacated the 45-story building in 2020. Tower Square underwent a comprehensive repositioning following AT&T’s departure, including a renovated lobby, an activated 28,000-square-foot outdoor plaza and the buildout of The Exchange at Tower Square, a 75,000-square-foot retail and patio complex that includes tenants such as Planet Fitness, Five Iron Golf and onsite dining options. In addition, Tower Square is Midtown’s only office building with direct in-building access to MARTA. Jessica Doyle and Graham Little of CBRE represented the landlord, Icahn Enterprises, in the transaction. Chris Campbell of Cecil Campbell Real Estate represented the tenant.

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Cushman & Wakefield Brokers Sale of 288,795 SF Office Campus in Wallingford, Connecticut

Taylor Williams — Fri, 15 May 2026 13:12:39 +0000

WALLINGFORD, CONN. — Cushman & Wakefield has brokered the sale of The Campus at Greenhill, a 288,795-square-foot office development in Wallingford, located roughly midway between Hartford and New Haven. The Campus at Greenhill was built in 2012 on a 100-acre site that includes land for future expansion and offers amenities such as a fitness center and a full-service cafeteria. Matt Torrance, Al Mirin and Bob Motley of Cushman & Wakefield brokered the deal. The seller was undisclosed, and the buyer was regional investment and development firm KS Partners.

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BRUNT Workwear to Open 56,000 SF Headquarters Facility in Wilmington, Massachusetts

Taylor Williams — Fri, 15 May 2026 12:55:32 +0000

WILMINGTON, MASS. — BRUNT Workwear will open a 56,000-square-foot headquarters facility in Wilmington, located north of Boston. The space is located within the 126,000-square-foot advanced manufacturing facility at 301 Ballardvale St. and includes lab and office space. Derek Losi and Nathaniel Heilbron of Cresa represented the tenant in its site selection and lease negotiations. Brian McKenzie and Christian Valli of CBRE represented the landlord, a partnership between Camber Development and GEM Realty Capital.

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Chimera Investment Corp. Signs 22,000 SF Office Lease in Midtown Manhattan

Taylor Williams — Fri, 15 May 2026 12:51:38 +0000

NEW YORK CITY — Chimera Investment Corp. has signed a 15-year, 22,000-square-foot office lease in Midtown Manhattan. The local REIT is relocating from a 15,000-square-foot space at 630 Fifth Avenue to the entire 32nd and parts of the 33rd and 34th floors at 1 Rockefeller Plaza, a 34-story building that was originally constructed in 1936. Conor Denihan and Connor DeSimone of CBRE represented the tenant in the lease negotiations. Blythe Kinsler and Kate Walker internally represented the landlord, Tishman Speyer.

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Vedder Signs 163,000 SF Headquarters Lease Extension in Downtown Chicago

Kristin Harlow — Thu, 14 May 2026 13:11:04 +0000

CHICAGO — Vedder has signed a 163,000-square-foot headquarters lease extension at 222 N. LaSalle Street, a 26-story office building in downtown Chicago. Vedder signed a 12-year extension to maintain its global headquarters at the building through 2041. The law firm, which has been headquartered at 222 N. LaSalle since 1988, will continue to occupy 163,000 square feet across five floors. Tishman Speyer serves as property manager and leasing agent at the property and was internally represented by Ellen May, Steve Golz and Bella Rapken. Joe Learner and Adam Southard of Savills represented Vedder. The 1 million-square-foot property recently received renovations and is now 87 percent leased. The renovated lobby features new food-and-beverage options, and the Zo Clubhouse features a new outdoor patio. All tenants have access to Zo Clubhouse, Tishman Speyer’s amenity network. Originally constructed in 1926, the building features unobstructed views of the Chicago River, flexible floorplates and convenient transit access.

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