PARSIPPANY, N.J. — Tilcon has signed a 35,000-square-foot office lease extension in the Northern New Jersey community of Parsippany. The provider of construction materials will remain a tenant at the 200,000-square-foot building at 9 Entin Road. Josh Cohen and Ben Brenner of Cushman & Wakefield represented the tenant in the lease negotiations. Jamie Drummond, Andrew Perrotti and Luke Reid of Newmark represented the landlord, American Equity Partners.
COLUMBUS, OHIO — Nationwide Realty Investors has unveiled plans to redevelop the 18-story office tower at 280 High, formerly known as Two Nationwide Plaza, in downtown Columbus. In celebration of Nationwide’s 100-year anniversary, the building will be renamed The Centennial on High. Residential plans call for 148 upscale units across 15 floors, including a newly created penthouse level. Each residential floor will feature five balcony-adorned units. Amenities will include a fitness center, lounge, clubroom and a courtyard along High Street positioned 15 feet below plaza level. The project will also preserve and enhance the building’s office component, with approximately 75,000 square feet of dedicated office space. Anchor tenants include Carpenter Lipps LLP and the Ohio Farm Bureau. Nationwide began 100 years ago as the Farm Bureau Mutual Automobile Insurance Co. serving Ohio farmers. The commercial spaces are operational today, and Nationwide Realty Investors anticipates completing the first residences by mid-2027.
PLEASANT PRAIRIE, WIS. — Berkadia has arranged the sale and $69 million in acquisition financing for Cobblestone Creek and Fountain Ridge, two multifamily properties in Pleasant Prairie within Kenosha County. Pete Evans and Richard Evans of Berkadia represented the undisclosed seller, while Laura Cathlina, Chris Blechschmidt and Emily Stang of Berkadia arranged Freddie Mac financing on behalf of the buyer, Illinois-based Santefort Real Estate Group. Cobblestone Creek is a four-building, 164-unit community built from 2013 to 2015. Fountain Ridge consists of 262 units across 13 buildings and was built from 2017 to 2019. Both properties have been consistently fully occupied and present value-add upside, according to Berkadia.
LONDONDERRY, N.H. — BGO, the institutional investment firm formerly known as BentallGreenOak, has acquired a 30,000-square-foot healthcare clinic in Londonderry, located near the Massachusetts-New Hampshire border. Known as Lahey Medical Center, the building was completed in 2025 as a purpose-built facility for regional provider Beth Israel Lahey Health. Practices housed within the facility include oncology, infusion, cardiology, gastroenterology and neurology.
DETROIT — This April, Michigan Central will open The Michigan Central Mezz, a new work and collaboration space that expands access to the innovation district in Detroit. The Mezz spans 17,000 square feet on the mezzanine level of Michigan Central Station. The workspace offers a variety of desks and work setups, meeting rooms, quiet zones, a kitchen and private wellness rooms. Access to The Mezz requires Michigan Central membership. The network at Michigan Central includes founding partners Ford Motor Co., Google, the State of Michigan, the City of Detroit, Henry Ford Health and Newlab, a venture platform that partners with Michigan Central to support the mobility, energy and manufacturing startups that are part of the district. More than 2,000 professionals and 240 companies work across the 30-acre Michigan Central.
CHICAGO — Fine dining restaurant and bar concept Espiritu has signed a lease to open a roughly 10,000-square-foot ground-floor space at One East Wacker, a Chicago office building owned by AmTrustRE. Espiritu comes from the restaurateurs behind Chicago Cut Steakhouse and Cerdito Muerto, Matt Moore and Emidio Oceguera. The dining concept blends classic Chicago dishes with a modern Mexican flair. In addition to 10,000 square feet of indoor space, the restaurant will include 2,200 square feet of adjoining outdoor patio area along Wacker Drive. Dana Moyles of Dana Moyles Real Estate Services represented Espiritu in the lease, while John Vance and Will Winter of Stone Real Estate represented the landlord. AmTrustRE has also secured three new office leases at the property, including Flight Centre Travel Group (USA) Inc., the Trade Commission of Spain in Chicago and the Consulate General of Bosnia and Herzegovina in Chicago. Signed to 7,216 square feet of office space on the 13th floor, Flight Centre Travel Group is one of the world’s largest global travel agencies. JLL’s Sarah Silva and Bess Cooney represented the tenant. The Trade Commission Office of Spain, of the Government of the Kingdom of Spain, will occupy 4,326 square feet on the …
NEW YORK CITY — American Express (NYSE: AXP) has unveiled plans to build a new global headquarters at 2 World Trade Center in Lower Manhattan. The credit card giant will be the sole owner and occupant of the new building, which is slated for completion in 2031. Spanning nearly 2 million square feet across 55 floors, the tower will have capacity to host up to 10,000 colleagues across flexible and modern workspaces. The project will feature more than an acre of outdoor space with several greenery-filled terraces and gardens that will offer views of the Manhattan skyline. “This is an investment in our company’s future, our colleagues and the Lower Manhattan community, reaffirming our deep commitment to the neighborhood we’ve called home for nearly two centuries,” says Stephen Squeri, chairman and CEO of American Express. Silverstein Properties is the developer, and Foster + Partners is the design architect. Fried Frank advised American Express on the development agreement. The project team is pursuing LEED certification and integrating smart-building technology and fully electric, energy-efficient mechanical systems. Located at 200 Greenwich St., the building will be developed on land owned by The Port Authority of New York and New Jersey (PANYNJ) under a …
AUSTIN, TEXAS — General contractor and project manager Vaughn Construction is underway on Autry C. Stephens Engineering Discovery Building, a 210,000-square-foot academic project at the University of Texas at Austin (UT). Designed by Los Angeles-based CO Architects and Austin-based BGK Architects, the seven-story structure will be located on the eastern edge of campus and will be able to accommodate up to 32 faculty researchers and 335 graduate students and postdoctoral fellows. The building, which will house the operations of UT’s petroleum/geosystems and chemical engineering programs, will also feature dedicated tutoring areas and conference/meeting rooms, as well as an outdoor pavilion. The project is expected to be complete this fall.
SAN ANTONIO — Marcus & Millichap has brokered the sale of The Alto, a 108-unit apartment complex in northwest San Antonio. Built on 5.7 acres in 1984, The Alto offers one- and two-bedroom units and amenities such as a pool, clubhouse and outdoor lounge areas. Ben Kalter, Drew Garza and Will Balthrope of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
TEXARKANA, TEXAS — Texarkana College has signed a 19,040-square-foot industrial lease at TexAmericas Center (TAC), a 12,000-acre mixed-use and industrial park located near the Arkansas-Texas border. The term is two years followed by optional terms of 12 months each. The school, which is a long-term tenant at TAC and also leased an 8.9-acre parking lot as part of the deal, will use the space for satellite classes.