Office news – page 24

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Representative imageOfficeAI Job Displacement Risk, AI Office Demand DovetailJul 22, 2026U.S. markets defined by sectors most exposed to AI-driven job displacement are also seeing the strongest real estate demand from AI companies, according to new research from JLL.OfficeMamdani Names Anthony Shorris CEO, Lina Khan Chair Of EDCJul 22, 2026More than seven months after taking office, New York City Mayor Zohran Mamdani has finally announced the new leader of the city's Economic Development Corp., tapping a city government veteran who most recently worked as a private consultant.Representative imageTenantsOfficeCorbus Pharmaceuticals Signs 36,471 SF Office Lease Renewal in Norwood, MassachusettsJul 22, 2026NORWOOD, MASS. — Corbus Pharmaceuticals has signed a 36,471-square-foot office lease renewal in Norwood, a southern suburb of Boston. The space is located within the building at 500 River Ridge Drive, which according to LoopNet Inc.DealOfficeFinmarc Sells Office Building, Land in Northern Virginia to Pulte Homes for $26.4MJul 22, 2026CHANTILLY, VA. — Finmarc Management Inc. has sold an 83,300-square-foot office/flex building and an adjacent 6.4-acre parcel within Park East Corporate Center in Chantilly, about 28 miles west of Washington, D.C.Representative imageDealOfficeKing Realty Advisors, Colliers Arrange Sale of 217-Acre Office Campus in St. LouisJul 22, 2026ST. LOUIS — King Realty Advisors and Colliers have arranged the sale of the 217-acre office campus at 8000 W. Florissant Ave. in St. Louis. Bryan King of King Realty Advisors represented the buyer, Jim Onder. Joe Hill of Colliers represented the seller. According to the St.TenantsOfficePhoenix Office Vacancy Continues Decline Despite Sluggish LeasingJul 22, 2026Phoenix's office market is showing signs of improving health.OfficeThe Crown Estate Unveils Nearly 170K SF Of West End RedevelopmentJul 22, 2026The Crown Estate has unveiled the largest-ever phase of its West End development pipeline with two major projects at 10 Piccadilly and 21-29 Glasshouse Street that will create 169K SF of new office, retail and hospitality space. At 10 Piccadilly, The...DealOfficePearlmark Closes $24M Debt Investment for Fulton Market Office BuildingJul 21, 2026Pearlmark announced that it closed on a $24.2 million debt investment for the acquisition of 1201 W Lake Street, a seven-story, 141,771 square foot office building located in Chicago, Illinois.TenantsOfficeInvestment Firm T7 Capital Signs 4K-SF Lease at GFP’s 515 Madison AvenueJul 21, 2026GFP Real Estate has signed three new deals at its Midtown office tower at 515 Madison Avenue, totaling nearly 9,000 square feet of space, the landlord announced Tuesday.Representative imageOfficePfizer Incident or Not, New York Still Has a Lot of Office Conversions Left to GoJul 21, 2026For a few days last week, two buckling steel columns at the Pfizer Building became the biggest real estate story in America. If you only read the headlines, you might conclude that office-to-residential conversions are suddenly in trouble. The opposite is closer to the truth.OfficeMarx Realty CEO Craig Deitelzweig Spied the Office-Hospitality Connection EarlyJul 21, 2026When he isn’t home tending to his alpacas — yes, he has alpacas — Craig Deitelzweig, the chief executive officer of owner Marx Realty, is working out ways to beautify the company’s office portfolio, intent on making where people go to work a destination, not a chore.OfficeChicago Ranks No. 3 For AI Job Growth As Office Market Stands To BenefitJul 20, 2026The number of roles tied to artificial intelligence is picking up in the Chicago market, with companies’ bets on new hires potentially bolstering the city’s office market in the coming years. Hiring momentum for AI-related roles has picked up in...OfficeCreative Industries Keep LA's Office Recovery Stalled While Westside Finance And Law Power AheadJul 20, 2026Los Angeles is once again the outlier in the national office recovery. While vacancy tightened in more than half of major U.S. markets in Q2, LA’s rate climbed to 25.8%, driven by steep emptying in Downtown and Hollywood even as Century City pulls...TenantsOfficeHarbourVest Will Open First NYC Office at 9 West 57thJul 20, 2026JLL represented global private markets investment firm HarbourVest Partners in securing its first New York City office at Soloviev Group’s 9 W. 57th St. The 10-year lease is for 19,752 square feet on a portion of the building’s 49th floor.TenantsOfficeInfinium Wall Systems Takes 30K SF of Office, Retail Space at ESRT’s 1359 BroadwayJul 20, 2026If these walls could talk, they’d talk about all the new leasing in Midtown.OfficeRyan Demadis Joins IPA Capital Markets in BostonJul 20, 2026IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients, has hired Ryan Demadis as a managing director in its Boston office.OfficePharma Company Moving Headquarters From Suburbs To Downtown BostonJul 20, 2026DivcoWest has lured a pharmaceutical company from the suburbs to its One Lincoln office tower downtown.LendingOfficeRialto, Hines Refi 295 Fifth With $229M LoanJul 20, 2026A joint venture consisting of PGIM, Tribeca Investment Group and Meadow Partners has landed a $228.9 million loan to refinance a newly-renovated 19-story office tower in Manhattan’s Midtown South neighborhood.DealOfficeSchnitzer West to Purchase Office Complex in Downtown BellevueJul 20, 2026Schnitzer West is under exclusive agreement to purchase The Bravern Office Commons and Garage, a two-tower, 749,694-square-foot office property that the company originally developed in downtown Bellevue.LendingOfficeLandmark Textile Building Refinanced for $229MJul 20, 2026Walker & Dunlop, Inc. arranged $228.9 million in financing to refinance 295 Fifth Ave., a newly redeveloped, 19-story Class A office tower in Manhattan’s Midtown South submarket.