Tuesday, May 20, 2025
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First-Citizens-Bank-Plaza_Charlotte-N.C
Leasing ActivityNorth CarolinaOfficeSoutheast

CBRE Negotiates 40,000 SF Office Lease in Uptown Charlotte for IWG

by Hayden Spiess

CHARLOTTE, N.C. — CBRE has arranged a 40,000-square-foot lease at First Citizens Bank Plaza, a 23-story office building in Uptown Charlotte. International coworking company IWG will occupy the 18th and 19th floors of the building beginning in February, with plans to expand its SPACES brand. Located at 128 S. Tryon St., the property was recently renovated and features a new lobby, a boutique fitness center, tenant amenity hub with lockers and showers, bicycle parking and storage, upgraded restrooms and a 5,000-square-foot ground-floor restaurant and bar space, currently occupied by MOA Korean BBQ. Kris Westmoreland, Stephanie Spivey and Joe Franco of CBRE represented the landlord, Dornin Investment Group, in the lease negotiations.

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AcquisitionsColoradoOfficeWestern

Confluent Development, Ascentris Buy 161,000 SF ParkRidge Six Office Building in Lone Tree, Colorado

by Amy Works

LONE PINE, COLO. — A joint venture between Confluent Development and Denver-based Ascentris has acquired ParkRidge Six, a five-story, Class A office building in Lone Tree, approximately 15 miles south of Denver. Terms of the transaction were not released. At the time of sale, the 161,000-square-foot building was fully leased. The property features a generous parking ratio, a third-party-operated cafeteria, large-format training rooms, a fitness center, small breakout rooms and outdoor amenity space. This acquisition is the first collaboration between Confluent Development and Ascentris. CBRE facilitated the acquisition.

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DevelopmentIllinoisMidwestOffice

Farbman Group Opens New Amenity Space at Chicago Office Building

by Kristin Harlow

CHICAGO — Farbman Group has opened “The LookOut,” an amenity space within its 100 N. LaSalle office building in Chicago. The space was formerly a 26th-floor penthouse suite. Key features of The LookOut include a lounge and dining space, views of downtown Chicago, a workout facility and artwork. Farbman partnered with Michigan-based Soul Studio, an art program and gallery by nonprofit Friendship Circle that provides adults with special needs a safe space to create and connect through art. Farbman commissioned a piece entitled “Rhythmic Grid Space” by Aislinn Wendrow as a mural for the amenity space.

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Parkway-Centre-IV-Plano
AcquisitionsOfficeTexas

Newmark Arranges Sale of 153,238 SF Office Building in Plano

by Taylor Williams

PLANO, TEXAS — Newmark has arranged the sale of Parkway Centre IV, a 153,238-square-foot office building in the northern Dallas suburb of Plano. The six-story building, which was constructed in 2006 and underwent a $2 million renovation in 2021, sits on a 6.6-acre site at 2701 Dallas Parkway. Chris Murphy, Robert Hill and Gary Carr of Newmark represented the seller, an affiliate of Goldman Sachs, in the disposition of the property to a California-based BH Properties. Both parties requested anonymity. Parkway Centre IV was 82 percent leased at the time of sale.

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23Springs-Dallas
Leasing ActivityOfficeTexas

Deloitte Signs Office Lease for Four Floors at 23Springs in Uptown Dallas

by Taylor Williams

DALLAS — Accounting giant Deloitte has signed an office lease at 23Springs, a 626,215-square-foot building in Uptown Dallas. The square footage was not disclosed, but the space encompasses four full floors. The deal, along with a 110,029-square-foot lease signed by Bank OZK, which also financed the building’s construction, in spring 2022 brings 23Springs to 34 percent occupancy. Robert Jimenez, Burson Holman and Elizabeth Fortado represented the landlord, Granite Properties, in the lease negotiations on an internal basis. Deloitte plans to relocate from Dallas Arts Tower to its new offices in spring 2026.

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Leasing ActivityOfficeTexas

Partners Real Estate Negotiates 44,258 SF Office Lease in Northwest San Antonio

by Taylor Williams

SAN ANTONIO — Partners Real Estate has negotiated a 44,258-square-foot office lease at City View, a 221,373-square-foot building in northwest San Antonio. The 10-story building was constructed in 1986 at the corner of Interstate 10 and Huebner Road. Lindsey Tucker of Partners represented the landlord, California-based investment firm KBS, in the lease negotiations. Steve Garza, also with Partners, along with Mark McGranahan of Avison Young, represented the tenant, Wells Fargo.

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Company NewsNortheastOfficePennsylvania

Spiezle Architectural Group Opens 6,200 SF Office in Downtown Philadelphia

by Taylor Williams

PHILADELPHIA — Spiezle Architectural Group has opened a 6,200-square-foot office at 615 Chestnut St. in downtown Philadelphia. The space features 30 seats and 26 open workstations for collaboration, as well as views of the Liberty Bell and Independence Hall. Bob Reid will lead the new office as principal. Spiezle now operates six offices across the country.

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Leasing ActivityOfficeTexas

United Football League Signs 19,768 SF Office Lease in Bedford, Texas

by Taylor Williams

BEDFORD, TEXAS — The United Football League (UFL), the entity created by the merger of semi-professional football leagues XFL and USFL, has signed a 19,768-square-foot office lease in the central metroplex city of Bedford. The building at 3301 Airport Blvd. spans 69,556 square feet, and the space will house the operations of two of the league’s eight teams, the San Antonio Brahmas and Michigan Panthers. Dean Collins of Cushman & Wakefield represented the UFL in the lease negotiations. Trevor Brown and Theron Bryant of Transwestern represented the landlord, SkyWalker Property Partners.

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Leasing ActivityNew YorkNortheastOffice

Caudalie Signs 14,000 SF Office Lease in Midtown Manhattan

by Taylor Williams

NEW YORK CITY — French skincare company Caudalie Inc. has signed a 14,000-square-foot office lease at 381 Park Avenue South in Midtown Manhattan. Caudalie relocated from 70 W. 36th St. to a full floor at the 17-story, 228,000-square-foot building earlier this month. Jonathan Moss of M&M Retail Luxury Consulting Inc. represented the tenant in the lease negotiations. Robert Tunis, Kyle Berlinsky and Joseph Mangiacotti of Colliers represented the landlord, ATCO Properties & Management.

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AcquisitionsCaliforniaOfficeWestern

CBRE Brokers $8M Sale of Office Building in San Diego Tech Park

by Amy Works

SAN DIEGO — CBRE has arranged the sale of an office building located at 17075 Camino San Bernardo within Rancho Bernardo’s Tech Park in San Diego. Dominguez Channel LLC, an overseas private buyer undergoing a 1031 exchange, acquired the asset for $8 million, or $314 per square foot. Matt Pourcho, Anthony DeLorenzo, Matt Harris and Chris Williams of CBRE Investment Properties represented the San Diego-based private seller, while George Rehab represented the buyer in the transaction. The remodeled modern office building features 115 parking spaces and an outdoor patio on the corner of Rancho Bernardo Road and Camino San Bernardo. The building is fully gross leased with no pass-throughs. Situated on two acres, the two-story building offers 25,475 square feet of office space.

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