Thursday, December 11, 2025
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Westlake-Gardens-Thousand-Oaks-CA
AcquisitionsCaliforniaOfficeWestern

Atlantic Pearl Investments Buys Two-Building Office Campus in Thousand Oaks, California for $19.2M

by Amy Works

THOUSAND OAKS, CALIF. — Atlantic Pearl Investments, a Ghassemieh family investment vehicle, has purchased Westlake Gardens, a two-building office campus in Thousand Oaks. A private seller sold the property for $19.2 million, or $193 per square foot. Located at 2535 and 2555 Townsgate Road, the asset offers 99,545 square feet of Class A office space. Sean Fulp, Mark Schuessler, Blake Hammerstein and Jordan Garcia of Colliers represented the seller. Jason Roth, also of Colliers, arranged acquisition financing for the buyer.

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Market ReportsMidwestMidwest Market ReportsOfficeWisconsin

Milwaukee Office Market Proves That Resilience Sparks Reinvention

by Kristin Harlow

By Matt Hunter, Hunter Real Estate Milwaukee’s office market, like many others across the country, is in flux. Rising costs, shifting tenant demands and looming debt maturities are all testing the market’s strength. But out of that pressure comes reinvention, and Milwaukee is proving it’s up for the challenge. High-quality, well-located, amenity-rich office buildings are more important than ever. They’re essential to attracting and retaining top talent. Office buildings don’t just serve the tenants that occupy them, they grow the tax base, support local businesses, drive housing demand and help build a more vibrant and economically resilient city. One of the most defining features of Milwaukee’s current office market is what’s not happening: there’s virtually no new construction. With high interest rates, continually increasing construction costs and economic uncertainty, ground-up office development has largely stalled. This has created a limited supply of modern, Class A office space, just as tenants are placing greater emphasis on quality. That supply-demand imbalance is driving increased competition for top-tier buildings and putting upward pressure on rents in this high-end segment. Tenants want less space but better-quality space, and they’re willing to pay a premium for it. This is a significant opportunity for landlords of …

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40-Tenth-Ave.-Manhattan
FeaturesOffice

Sell Smarter, Not Harder: Where Workplace Design, Sales Performance Intersect

by Taylor Williams

By Aron Schreier of Cresa and Gabe Hernandez of Design Republic Leaders often obsess over KPIs (key performance indicators) and will spend six figures on Salesforce licenses and sales training boot camps. But walk into most offices in 2025, and you’ll find sales teams working in spaces that actively undermine everything those investments are meant to achieve. Having spent careers straddling both worlds — commercial real estate and sales training — it’s easy to see how the right environments can create positive energy and how the wrong ones quietly drain it. Let’s review why space is perhaps the most strategic asset in all of sales. Space Drives Mindset Sales is a game of psychology as much as skill. Top performers need natural light that regulates energy throughout the day, sight lines that create productive visibility without surveillance and collision spaces where quick wins get celebrated spontaneously. These aren’t luxury amenities; they’re pieces of performance infrastructure. Contrast that with fluorescent-lit cubicle farms with tall, opaque barriers. These spaces don’t just fail to inspire — they actively communicate that energy should be contained. They set a tone that seeps into calls and meetings and ultimately erodes confidence over time. Your office layout either …

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AcquisitionsIndustrialOfficeTexas

Avison Young Brokers Sale of Two Industrial Flex Buildings Totaling 73,646 SF in Metro Dallas

by Taylor Williams

RICHARDSON, TEXAS — Avison Young has brokered the sale of two industrial flex buildings totaling 73,646 square feet in Richardson, a northeastern suburb of Dallas. The buildings sit on a combined 4.7 acres at 1200-1300 S. Sherman St. and were fully leased at the time of sale to a single tenant. John Bowles, Susan Gwin Burks and Bruce Butler of Avison Young represented the seller, an affiliate of Mohegan Capital, in the transaction. The buyer was Elegant Investment Group Inc.

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AcquisitionsOfficeTexas

United Way of Greater Houston Acquires 51,900 SF Office Building in Conroe, Texas

by Taylor Williams

CONROE, TEXAS — The United Way of Greater Houston has acquired a 51,900-square-foot office building in Conroe, about 40 miles north of Houston. The nonprofit organization is relocating and more than doubling its footprint from its existing facility in the nearby community of The Woodlands. United Way plans to take occupancy of the Conroe building in early 2026, and The Woodlands building is currently on the market. The seller and sales price were not disclosed.

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AcquisitionsMidwestOfficeOhio

CBRE Negotiates Sale of 182,700 SF Office Building in Downtown Cincinnati

by Kristin Harlow

CINCINNATI — CBRE has negotiated the sale of the Sawyer Point Building, a 182,700-square-foot office building in Cincinnati’s central business district. Matrix Holdings LLC purchased the property from Colonial Life & Accident Insurance Co. CBRE’s Steve Timmel, Will Roberts, John Eckert and Travis Likes represented the seller. Building amenities include a rooftop deck, two-story atrium, fitness center, conference center, electric vehicle charging stations, a self-service Company Kitchen market and a 100-stall, underground parking garage. Originally built in 1916, the four-story property was converted into office use in 2001 and underwent renovations from 2020 to 2024.

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DevelopmentHospitalityLoansMixed-UseMultifamilyOfficeSoutheastTennessee

Vastland Obtains $130M Construction Financing for VOCE Hotel & Residences Project in Nashville

by John Nelson

NASHVILLE, TENN. — Vastland Co. has obtained a $130 million construction loan for VOCE Hotel & Residences, a 25-story mixed-use development located at 1717 Hayes St. in Midtown Nashville. BayBridge Real Estate Capital arranged the loan through Atlanta-based Peachtree Group. Upon completion, VOCE Hotel & Residences will feature 192 private residences, 114 luxury hotel rooms, 60,000 square feet of boutique office space and more than 40,000 square feet of amenities, including a rooftop dining experience. The design-build team includes BL Harbert International (general contractor), The Preston Partnership (architect), ID & Design International (interior design), RH (custom design), Civil Site Design Group (civil engineer) and HDLA (landscape architect). Vastland and the project team plan to break ground next week and deliver the project in fall 2027. Christy Fewin of Vastland is leading sales for the residences, which at full capacity has a total sellout value of $360 million. Pre-sales have already eclipsed 50 percent of available units, according to Vastland.

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AcquisitionsMidwestOfficeOhio

Real Capital Solutions Acquires First Financial Center in Cincinnati for $59M

by Kristin Harlow

CINCINNATI — Real Capital Solutions (RCS) has acquired First Financial Center, a 31-story office tower located at 255 E. Fifth St. in downtown Cincinnati, for $59 million. The 551,836-square-foot property includes 523,213 square feet of office space and 28,623 square feet of retail space. The acquisition also includes a seven-story, 1,233-space parking garage. First Financial Center is 91.7 percent leased to 17 tenants, including three headquarters users that collectively occupy 65 percent of the building’s leased space. Those include First Financial Bank, Dinsmore & Shohl LLP and Chemed Corp., which recently signed a 10-year renewal. More than 75 percent of the leased space is occupied by financial and legal services firms. The acquisition price represents a discount of more than 75 percent to estimated replacement cost.

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50-Danbury-Road-Wilton-Connecticut
AcquisitionsConnecticutNortheastOffice

CBRE Negotiates $24.7M Sale of Office Building in Wilton, Connecticut

by Taylor Williams

WILTON, CONN. — CBRE has negotiated the $24.7 million sale of a 221,070-square-foot office building in the southern coastal Connecticut city of Wilton. The two-story building at 50 Danbury Road is home to tenants such as AIG, ASML and Hartford Health Care. Jeff Dunne, Steve Bardsley and Travis Langer of CBRE represented the seller, a partnership that includes an entity managed by Taconic Capital Partners, in the transaction. Shawn Rosenthal and Jason Gaccione, also with CBRE, arranged acquisition financing on behalf of the buyer, Melrose Pfeiffer Holding LLC.

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Leasing ActivityNew YorkNortheastOffice

Moroccanoil Signs 39,799 SF Office Lease in Midtown Manhattan

by Taylor Williams

NEW YORK CITY — Moroccanoil has signed a 39,799-square-foot office lease at 1185 Avenue of the Americas in Midtown Manhattan. The cosmetics company will occupy part of the 32nd and all of the 33rd floor at the 42-story building. Deborah Van Der Heyden, Yarden Drimmer, Tamar Wartanian and Andrew Chase of Cushman & Wakefield represented the tenant in the lease negotiations. Brian Waterman, John Fanuzzi, Brent Ozarowski, David Waterman and Kevin Sullivan of Newmark represented the landlord, SL Green.

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