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Miami Is 'Desperate' For A New Office Tower. It's About To Get 2There will be multiple new Brickell towers going up for the first time in more than 15 years.
Center City Office Owners Secure $50M For Lease-Up Effort: The Philadelphia Deal SheetCSB Holdings and Tide Realty Capital obtained a $50M loan from Citadel Credit Union for the 2000 Market St. tower.
Industrious Adds 19th L.A.-Area Location at Caruso’s Masonic TempleCoworking giant Industrious is adding another location in Southern California, this time at one of the more recognizable office properties in Glendale.
Fintech Firm Stash Financial Leases 12K SF at 641 Avenue of the AmericasThis fintech firm is stashing away some new office space.
Bank OZK Lends $76M for Connecticut Office-to-Resi ConversionA joint venture between Saber-Hightower and Granoff Real Estate has sealed $75.5 million of construction financing for an office-to-residential conversion project in Connecticut’s Fairfield County, Commercial Observer has learned.
18-Story Houston Office Tower Changes HandsSerac Capital Partners, in partnership with National Real Estate Advisors, acquired 3737 Buffalo Speedway in Greenway Plaza. Madison Marquette was the seller.
Representative imageAffinius Capital Provides $35M Loan for Refinancing of Metro Houston Retail, Office PropertyCYPRESS, TEXAS — New York City-based Affinius Capital has provided a $35 million loan for the refinancing of Village Green at Bridgeland Central, a 198,000-square-foot retail and office property located in the northwestern Houston suburb of Cypress.
Representative imageJoint Venture Acquires 95,551 SF Office Building in San Marcos, CaliforniaSAN MARCOS, CALIF. — A joint venture between Newport National Corp., Bluebird Capital Group and Salt Lake City-based Sundance Bay has acquired Civic View Corporate Centre, an office building located at 300 Rancheros Drive in San Marcos a northern suburb of San Deigo.
Bluerock Affiliate Acquires Sunnyvale Office Hub For $330.7MBluerock's Sunnyvale office play included a 20-year leaseback to Juniper Networks. The price signals ongoing confidence in Bay Area office properties.
Midtown Office Tower Scores Leases Totaling 182K SFA trio of companies have inked leases totaling more than 182,000 square feet at The Swig Company’s 1411 Broadway following a $100 million renovation of the Midtown office tower.
Downtown Office Building Approved For Conversion Trades For $8.5M: The Boston Deal SheetThe 85 Devonshire St. property sold to a local developer. Also in the Deal Sheet, multiple downtown buildings get financing and Constitution Marina sells.
Tishman Misses Payment Deadline On $450M International Square LoanLandlord Tishman Speyer didn't pay back its $450M CMBS loan on a massive D.C. office complex when it matured last month.
17-Story Denver Office Tower Trades for $3.6MA number of Denver office towers continue to suffer profitability issues. The 17-story tower, once known as Columbine Place, has been bought for $3.63 million. The Denver Business Journal reports building values in downtown Denver have dropped significantly since then.
Representative imageVeeva Signs 62,223 SF Office Lease at The PENN District in Midtown ManhattanNEW YORK CITY — Veeva has signed a 62,223-square-foot office lease at The PENN District, a two-building, 4.4 million-square-foot development in Midtown Manhattan.
Chicago's Slow Apartment Pipeline Fueling Deals And Adaptive ReuseChicago's tight apartment market is spurring creative deals and office conversions.
El Segundo Rivian R&D Facility Acquired for $27.25MNewmark arranged the $27.25 million sale of 401 Coral Circle, a 56,815-square-foot R&D office facility located in El Segundo, California. The property is 100% leased on a triple-net (NNN) basis to Rivian. The buyer was Majestic Realty.
Financial Services Firm Aegon Takes 21K SF at 125 West 57th StreetInternational financial services firm Aegon is moving its office kingdom to New York City.
Citadel Credit Union Provides $50M Refi on Philly Office TowerA joint venture between CSB Holdings and Tide Realty Capital has sealed a $50 million loan to refinance a newly acquired Philadelphia office tower, Commercial Observer has learned.
Gatsby Florida Lands $119M Loan to Build Spec Palm Beach Gardens OfficeDevelopment and investment firm Gatsby Florida has secured a $118.6 million loan from Cirrus Real Estate Partners to build a speculative luxury office complex in Palm Beach Gardens, Fla., Commercial Observer has learned.
Developer Team Begins Work on Mansfield MidriseAdmiral Legacy Investments and Foundry Commercial started work on a five-story, 152,894-square-foot office building at Heritage and Regency Parkways in the city between Fort Worth and Dallas.