Office

300-Four-Falls-Conshohocken-Pennsylvania

CONSHOHOCKEN, PA. — JLL has arranged a $58 million loan for the refinancing of 300 Four Falls, a 298,564-square-foot office building in Conshohocken, a northern suburb of Philadelphia. Built in 2003, 300 Four Falls is a seven-story building that features a redesigned lobby, conference center, café, fitness center and a designated tenant amenity space. At the time of the loan closing, the building was 91.6 percent leased. Chad Orcutt led the JLL team that arranged the five-year, fixed-rate loan through Barclays and an entity managed by Argentic Investment Management LLC. The borrower was Maguire Hayden Real Estate Co.

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NEW YORK CITY — TransUnion has signed a 30,140-square-foot office lease in Midtown Manhattan. The provider of credit reporting and monitoring services will occupy the entire sixth floor at 1155 Avenue of the Americas, according to a LinkedIn post by the landlord, The Durst Organization. Tom Bow, Rocco Romeo and Nora Caliban internally represented Durst in the lease negotiations. David Wilson, Jonathan Zeitler, Michael McKenna and Barry Spagna of Cresa, along with internal agent Harriet Gleason, represented TransUnion.

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CITYCENTRE-Six-Houston

HOUSTON — Locally based developer Midway has completed CITYCENTRE Six, a 320,000-square-foot office building in West Houston. The 19-story building was developed adjacent to a new half-acre urban plaza, which was designed by OJB Landscape Architecture, within the 47-acre mixed-use development of the same name. Building materials supplier Dow is the anchor tenant at CITYCENTRE Six, and the building was delivered 90 percent preleased. Other tenants include VoltaGrid, Octave and Enverus. Construction began in early 2024 and topped out last summer.

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HOUSTON — Woodside, a Texas-based real estate private equity firm, has purchased Saddlebrook Place, a four-building, 200,155-square-foot office campus in northwest Houston. Woodside plans to renovate the campus, which was previously known as Heron Lakes, by refreshing common areas and introducing move-in-ready spec suites. Woodside has also tapped Stream Realty Partners to lease Saddlebrook Place. The seller and sales price were not disclosed.

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6760-University-Ave-San-Diego-CA.jpg

SAN DIEGO — Marcus & Millichap has arranged the sale of La Mesa Mixed-Use, a mixed-use property in San Diego. Ross Sanchez and Nick Totah of Marcus & Millichap represented the seller and buyer in the deal. Located at 6760 University Ave., the 12,196-square-foot property features 13 suites with a mix of office and retail uses, 28 parking spaces, dual access points and high-visibility frontage. At the time of sale, the building was occupied by service-oriented tenants, including beauty, auto, legal and entertainment uses. The property was built in 1976.

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ATLANTA — Newmark has arranged a 40,124-square-foot office lease at 1375 Peachtree, a seven-story, 412,000-square-foot office building in Midtown Atlanta. The tenant, Drew Eckl & Farnham, will move into its new space on the sixth floor this December. The law firm is consolidating and relocating from nearby Truist Plaza. Craig Kalinowski, Stewart Thrash, Brad Kirschner, R.J. Zurak and Lindsay Kalski of Newmark represented the landlord, Toronto-based FullG CRE Investments Inc., in the lease transaction. John Winter and L.J. Wilhelmi of Stream Realty Partners represented the tenant. 1375 Peachtree recently underwent a capital improvement program that included a modernized façade, lobby transformation, new fitness center and two new food-and-beverage concepts by Hospitality HQ: a modern French brasserie, Brasserie Lundi, and a chef-driven food hall, The Peacherie, both of which are now open.

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MALVERN, PA. — Newmark has arranged an office headquarters lease renewal and extension in Malvern, a western suburb of Philadelphia. The square footage was not disclosed. The tenant is building materials supplier Saint-Gobain, and the space is located within the buildings at 18-20 Moores Road. Craig Scheuerle of Newmark represented Saint-Gobain in the lease negotiations. The landlord, a partnership between Dubai-based Arzan Wealth and Chicago-based 90 North Real Estate Partners, was self-represented.

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NEW YORK CITY — MTS Health Partners has signed a 29,166-square-foot office lease in Midtown Manhattan. The financial advisory and brokerage firm for the healthcare industry will occupy the entire 34th floor at 1185 Avenue of the Americas, a 42-story building. Stephen Siegel and Sinclair Li of CBRE represented the tenant in the lease negotiations. Brian Waterman, Jonathan Fanuzzi, Brent Ozarowski, David Waterman and Kevin Sullivan of Newmark represented the landlord, SL Green.

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NEW YORK CITY — UHY Advisors NY Inc. has signed a 27,508-square-foot office lease in Midtown Manhattan. The financial advisory firm will occupy the entire ninth floor at 1185 Avenue of the Americas, a 42-story building, via a 10-year deal. Silvio Petriello and Tamika Kramer of CBRE represented the tenant in the lease negotiations. Brian Waterman, Jonathan Fanuzzi, Brent Ozarowski, David Waterman and Kevin Sullivan of Newmark represented the landlord, SL Green.

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RALEIGH, N.C. — Kane Realty Corp. has signed Couchbase Inc. to a roughly 20,000-square-foot lease at The Offices at North Hills in Raleigh’s North Hills district. The San Jose-based AI data platform operator has six offices internationally and will use the Raleigh office as a “center for excellence.” Couchbase will occupy a full floor at 4350 Lassiter, a three-story building within The Offices at North Hills complex. Ben Litke and Kristine Smith of Cushman & Wakefield represented Couchbase in the lease negotiations. Hooker Manning and Alex Mikels represented Kane Realty internally.

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