Property Type

Cousins Signs Oracle to 116,000 SF Office Lease in Nashville

by John Nelson March 31, 2026

NASHVILLE, TENN. — Cousins Properties has signed tech giant Oracle to a 116,000-square-foot office lease in Nashville’s Germantown neighborhood. Oracle will move into its space in the second half of the year within the Neuhoff mixed-use development, which Atlanta-based Cousins owns in a 50/50 joint venture with an unnamed institutional investor. Oracle’s offices will overlook the construction of its new global headquarters campus that is being developed on the other side of the Cumberland River. At completion, Neuhoff will connect to the Oracle campus via a pedestrian bridge. Neuhoff comprises 395,000 square feet of office space, 55,000 square feet of retail space and 542 apartments. According to Cousins, the office portion of Neuhoff is currently 84 percent leased, the retail component is 46 percent leased and the apartments are 92 percent leased. Atlanta-based New City Properties is developing Neuhoff on behalf of the ownership group.

March 31, 2026

Acquisitions Louisiana Office Southeast

Skysoar Capital Buys 32-Story One Canal Place Office Tower in New Orleans

by John Nelson March 31, 2026

NEW ORLEANS — Skysoar Capital Partners has purchased One Canal Place, a 32-story office tower located at 365 Canal St. in New Orleans. The sales price was not disclosed. Johnny Lamberson and Terry Radford of CBRE’s Memphis represented the seller, OCP Office Owner LLC, a partnership formed by Loeb Partners Realty LLC and Aetna. The seller has owned One Canal Place since 2002, according to Corporate Realty, which served as the Louisiana broker of record in the transaction. Corporate Realty will continue to provide property management and leasing services at the tower on behalf of One Canal Place Leasing LLC, a limited liability corporation created by Skysoar Capital. Completed in 1979 near the Mississippi River, One Canal Place encompasses 630,581 rentable square feet of office space and is part of a mixed-use complex that includes The Shops at Canal Place, The Westin New Orleans Hotel and a 1,650-space parking garage. Office tenants include law firm Baker Donelson, which recently signed a nearly 40,000-square-foot lease to occupy the top two floors, as well as Phelps Dunbar LLP; The New Orleans Passport Center; Schouest, Bamdas, Soshea & BenMaier PLLC; Foley & Judell LLP; Salley, Hite, Mercer & Resor LLC; and La Petite …

March 31, 2026

Acquisitions Georgia Multifamily Southeast

TruAmerica Purchases 20-Story Apartment High-Rise in Atlanta’s Buckhead District

by John Nelson March 31, 2026

ATLANTA — Los Angeles-based TruAmerica Multifamily has purchased The Tower on Piedmont, a 20-story high-rise apartment tower in Atlanta’s Buckhead district. The seller and sales price were not disclosed, but TruAmerica says that the previous owner invested $3 million in capital improvements at the 155-unit tower prior to the sale. Colleen Hendrix, Shea Campbell and Ashish Cholia of CBRE represented the seller in the transaction. Ryan Greer and Troy Tegeler of CBRE arranged an undisclosed amount of acquisition financing for TruAmerica. Completed in 2009, The Tower on Piedmont features high-end finishes and amenities, including a penthouse-level sky lounge with a catering kitchen, rooftop pool and sundeck, outdoor social lounge, fitness center and 24-hour concierge services. The acquisition grows TruAmerica’s metro Atlanta holdings to approximately 3,000 units (owned and managed). The buyer plans to further invest in upgrading the property’s amenities and common spaces.

March 31, 2026

Acquisitions Kentucky Southeast Student Housing

Vesper Acquires 385-Bed Student Housing Community Near University of Louisville

by John Nelson March 31, 2026

LOUISVILLE, KY. — Vesper Holdings has acquired Yugo Louisville Nine, a 385-bed student housing community located near the University of Louisville campus. The property — now dubbed ‘The Nine’ — was developed in 2016 and offers units in two-, three, four- and five-bedroom configurations with bed-to-bath parity. Shared amenities at the six-story community include a 24-hour fitness center, study center, yoga and spin room, coffee bar, game room, resort-style pool, sun deck, fire pit, dog park and group study lounges. CBRE represented the undisclosed seller in the transaction. The sales price was also not disclosed. Aaron Moll of Berkadia arranged an undisclosed amount of acquisition financing on behalf of Vesper.

March 31, 2026

Leasing Activity New York Northeast Office

EliseAI Signs 109,000 SF Office Headquarters Lease in Midtown Manhattan

by Taylor Williams March 31, 2026

NEW YORK CITY — EliseAI has signed a 10-year, 109,000-square-foot office headquarters lease in Midtown Manhattan. The startup that serves the housing and healthcare industries will relocate from a nearby location to the 240,000-square-foot building at 401 Fifth Avenue. Evan Margolin, Valentin Stobetsky, Calum Waddell, Will McGarry and Hale King of JLL represented the tenant in the lease negotiations. Brian Waterman, David Waterman and Alex Kesseler of Newmark represented the landlord, The Chetrit Organization.

March 31, 2026

Development Hospitality Loans Utah Western

Domain Cos., Cottonwood Group Receive $102M in Financing for Development of Kimpton Hotel in Salt Lake City

by Amy Works March 31, 2026

SALT LAKE CITY — The Domain Cos., in partnership with Cottonwood Group, has closed on $102 million in financing for the development of hotel at 370 S. West Temple in downtown Salt Lake City. Completion is slated for first-quarter 2028. Slated to operate under IHG Hotels & Resorts’ Kimpton brand, the 10-story hotel will feature 216 guest rooms, food-and-beverage options, including upscale and casual dining and a rooftop bar. Additional hotel amenities will include a fitness center, 7,000 square feet of meeting space, valet parking and indoor and outdoor terraces for year-round social and corporate gatherings. The hotel will be within walking distance of major city landmarks, such as Delta Center, Salt Pace Convention Center, City Creek Center and Restaurant Row. The project team includes Solomon Cordwell Buenz as project architect, Goodrich and Studio Mainer as interior designer and Wadman as general contractor. Stonebridge Cos. will manage the project. Matt Weiner, Jay Morrow and Dustin Stolly of Walker & Dunlop handled the financing transaction.

March 31, 2026

Leasing Activity New York Northeast Retail

United Hospital Fund Renews 22,083 SF Office Headquarters Lease in Midtown Manhattan

by Taylor Williams March 31, 2026

NEW YORK CITY — United Hospital Fund has renewed its 22,083-square-foot office headquarters lease in Midtown Manhattan. The nonprofit organization is relocating from the 12th to seventh floor of 1411 Broadway. Josh Kuriloff, Matthias Li and Heather Thomas of Cushman & Wakefield represented the tenant in the lease negotiations. Paul Amrich, Neil King and Emily Chabrier of CBRE represented the landlord, La Caisse.

March 31, 2026

Colorado Loans Multifamily Western

CBRE Secures $70M Refinancing for 24Fifty at University Park Multifamily Property in Denver

by Amy Works March 31, 2026

DENVER — CBRE has arranged a $70 million refinancing for 24Fifty at University Park, a multifamily community in Denver. Brad Zampa, Mike Walker, Brady O’Donnell and Jill Haug of CBRE secured the five-year, floating-rate loan from a national debt fund for the borrower, DivcoWest. Located at 2450 S. University Blvd., 24Fifty features 252 studio, one- and two-bedroom units with modern finishes, stainless steel appliances, quartz countertops and in-unit washers/dryers. Community amenities include a rooftop pool and spa, an indoor lap pool, an outdoor terrace and grilling area, a fitness center, resident lounge and structured parking, as well as fully leased ground-floor retail space. The mid-rise community was built in 2019.

March 31, 2026

Acquisitions California Industrial Western

H.G. Fenton Buys 210,871 SF Kearny Mesa West Industrial Park in San Diego

by Amy Works March 31, 2026

SAN DIEGO — H.G. Fenton has purchased Kearny Mesa West, a multi-tenant industrial business park in San Diego, from CIM Group for an undisclosed price. Hunter Rowe, Joe Cesta, Eric Cox and Matt Carlson of CBRE represented the seller in the deal. Spanning 14 acres, the 210,871-square-foot Kearny Mesa West consists of 16 standalone industrial buildings located along Opportunity, Engineer and Ronson roads in the Kearny Mesa submarket. At the time of sale, the business park was approaching 90 percent occupancy with nearly 60 tenants at the time of sale.

March 31, 2026

Acquisitions Office Property Type Utah Western

Manova Partners Acquires 143,806 SF Office Building in Salt Lake City

by Amy Works March 31, 2026

SALT LAKE CITY — Manova Partners has purchased 60 Park Ave, a Class A office building in the Sugar House live-work-play neighborhood in Salt Lake City. Terms of the transaction were not released. CBRE marketed the property for sale. Situated on 4 acres, the six-story building offers 143,806 square feet of office space. At the time of sale, the property was 97 percent occupied by a variety of tenants, including FTP Power, Filevine, Arena Communications, RBC Capital Markets and Sotheby’s Realty. Built in 2020, the property is LEED Gold O&M certified. The property features floor-to-ceiling glass curtain walls and 360-degree views of the Wasatch mountain range and downtown skyline. Building amenities include a tenant lounge with phone pods, TV, a pool table and vending machines, a secure bike room and a 24/7 fitness center.

March 31, 2026

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