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Office news – page 18
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Stream Lands Cummins Station Leasing AssignmentStream Realty Partners has been awarded the leasing assignment for Cummins Station, a more than 400,000-square-foot adaptive reuse office property located at 209 10th Ave. S in Nashville’s Urban Core.
Eldridge Capital Provides $278M Loan for Refinancing of Midtown Atlanta Office TowerATLANTA — Eldridge Capital Management has provided a $278 million loan to refinance Ten Twenty Spring, a 540,000-square-foot office tower located in Midtown Atlanta.
Amazon Renews 300K SF Office Lease In Downtown San FranciscoAmazon renews its 300K SF lease at 525 Market St. and plans additional growth in San Francisco office and robotics spaces.
Innocean USA Signs 100K-SF lease with Hackman Capital in Headquarters RelocationAdvertising agency Innocean USA has signed a new 101,000-square-foot office lease at Hackman Capital Partners’ 888 N. Douglas property in El Segundo. The space will serve as the company’s U.S.
Representative imageAd Agency Doubles Office HQ Space in Move to Hackman Campus in L.A.An international advertising agency is more than doubling its office footprint with a new headquarters lease in El Segundo, Calif.
BPS Purestone Hurries To Disrupt Undervalued London Market In £500M PushBPS Purestone bets £500M to disrupt London's office market with swift value-add asset acquisitions.
BH Picks Up Nearly 300K-SF Plano Office ParkBH Properties, a value-add real estate investment firm with regional offices in Dallas, Austin, and Houston, completed the acquisition of Tollway North Office Park, a 297,591-square-foot, seven-building business park in Plano, Texas.
PRP Acquires 116,385 SF Office Tower in Downtown D.C.WASHINGTON, D.C. — PRP Real Assets has acquired 900 19th Street NW, a 116,385-square-foot office tower located in Washington D.C’s Central Business District, roughly three blocks west of the White House.
Tishman Speyer’s 6 Grand Central Hits the Market for Roughly $450MFancy adding a 770,386-square-foot trophy office property to your portfolio? You’re in luck. Tishman Speyer is marketing 6 Grand Central for sale, sources told Commercial Observer, with an asking price somewhere around $450 million.
PSRS Arranges $11.2M Loan for Refinancing of Office Building in San Bernardino, CaliforniaSAN BERNARDINO, CALIF. — Commercial mortgage banking firm PSRS has arranged a $11.2 million loan for the refinancing of a nine-story office building in San Bernardino.
OPI Sells Vacant Philly Office Building For $42MA REIT sold its only Philadelphia office, 8800 Tinicum Blvd., for $42M. The 441K SF building is now owned by the city.
Landlords Are Pushing Rents In Houston's Split Office MarketHouston office rental rates are on the rise as quality buildings see more than 90% occupancy, but lower-class buildings suffer.
AI Employee Management Platform Warp Triples Footprint at 156 Fifth AvenueWarp, an artificial intelligence-driven employee management platform, has more than tripled its office footprint for the second time in 12 months.
Rudin Taps Global Holdings SVP Craig Panzirer as Office Leasing HeadRudin has hired Craig Panzirer as senior vice president for office leasing, Commercial Observer has learned. Panzirer began the new role in July.
Stena Real Estate to Renovate 580,558 SF Office Campus in Houston’s Energy CorridorHOUSTON — Stena Real Estate AB, the American ownership arm of Swedish investment company Stena Property, will renovate Woodbranch Plaza, a 580,558-square-foot office campus located in the Energy Corridor submarket of West Houston.
Representative imageNewmark Brokers Sale of 376,259 SF Office Campus in North DallasDALLAS — Newmark has brokered the sale of Tollway Plaza, a 376,259-square-foot office campus located at 16000 Dallas Parkway in North Dallas. The campus comprises two eight-story buildings on a 7.4-acre site that were constructed in the late 1990s.
Representative imageRatio Therapeutics Signs 17,000 SF Office Lease Expansion in Boston’s Seaport DistrictBOSTON — Ratio Therapeutics has signed a 17,000-square-foot office lease expansion in Boston’s Seaport District.
Olson Co. Buys Office Property in Monterey Park, California for $24.8M, Plans Residential ConversionMONTEREY PARK, CALIF. — The Olson Co. has acquired a 7.9-acre office campus in Monterey Park, located east of downtown Los Angeles, for $24.8 million. The buyer plans to redevelop the two-building, 120,191-square-foot property into a residential community.
Former Blue Shield of CA Offices Trade for Residential ConversionNAI Capital Commercial executive managing director Ryan Campbell, SIOR, represented The Olson Company in its $24,850,000 acquisition of a 7.9-acre office campus at 601 Potrero Grande Dr. and 2100 Saturn St. in Monterey Park.
Docusign Headquarters Hits the Market at Reported $250MAn office property in San Francisco’s South Financial District that’s home to software firm Docusign Inc. is hitting the market with one of the highest asking prices seen locally since the pandemic, the San Francisco Business Times reported.