Office news – page 25

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Representative imageOfficeUnited Talent Agency Consolidates to 101K SF at ESRT’s Empire State BuildingJul 20, 2026Los Angeles-based United Talent Agency (UTA), known for its high-profile clients, has aptly selected New York City’s most famous office building for its new East Coast headquarters.Representative imageTenantsOfficeCoStar Opens $460M Expanded Office Campus in Downtown RichmondJul 20, 2026RICHMOND, VA. — CoStar Group has opened Foundry Park, its newly expanded, $460 million corporate office campus located along the James River in downtown Richmond. The expansion added 750,000 square feet of office and retail space to the riverfront.Representative imageLendingOfficeAxonic Capital Receives $72M Loan for Refinancing of Midtown Manhattan Office BuildingJul 20, 2026NEW YORK CITY — Investment management firm Axonic Capital has arranged a $72 million senior loan for the refinancing of the leasehold interest of 430 Park Avenue, a 19-story office building in Midtown Manhattan.Representative imageDealOfficeBradford Allen Negotiates Two Office Leases for Illinois Retina in Chicago MarketJul 20, 2026SKOKIE, ILL. AND MUNSTER, IND. — Bradford Allen has negotiated two leases on behalf of Illinois Retina in the Chicago market.OfficeConversions Likely Face Higher Costs, More Scrutiny After Former Pfizer HQ's Near CollapseJul 17, 2026A near collapse at the largest office-to-residential conversion in the U.S. figures to have substantial ramifications for the dozens of other large-scale conversions in the pipeline.DealOfficeUCHealth Acquires Two Greenwood Village Office BuildingsJul 17, 2026UCHealth purchased Greewood Plaza, a two-building office pair at 6550 and 6560 Greenwood Plaza Blvd., in Greenwood Village. The Denver Business Journal reports the healthcare company paid $19.3 million for the properties.LendingOfficeHudson Bay Capital Supplies $60M Refi for Redeveloped N.J. Office CampusJul 17, 2026A joint venture between Somerset Development and HIG Capital has sealed a $60 million loan to refinance a repurposed New Jersey mixed-use office campus that will soon be home to sandwich chain Jersey’s Mike’s headquarters, Commercial Observer has learned.DealOfficeVerizon To Sell 274 Retail Locations, Lay Off 500 Office WorkersJul 17, 2026Verizon is shrinking its corporate-owned retail footprint and laying off roughly 500 office employees, a year after it kicked off a broader corporate restructuring.Representative imageTenantsOfficeSwanson, Martin & Bell Inks 56,760 SF Office Lease in ChicagoJul 17, 2026CHICAGO — Swanson, Martin & Bell LLP has signed a long-term headquarters lease restructure and renewal at 330 N. Wabash Ave. in Chicago. The 52-story riverside office tower is the last building in the U.S. designed by renowned architect Ludwig Mies van der Rohe.Representative imageDevelopmentOfficeCaddell Construction Opens New Office in Columbus, OhioJul 17, 2026COLUMBUS, OHIO — Caddell Construction has opened a new corporate office in Columbus within Grandview Yard. Despite launching its first corporate office in the state, the company is not new to Ohio — its first job dates back to 1989.TenantsOfficeSilicon Valley Cities See Spike In Office DemolitionsJul 16, 2026A wave of upzoning across the San Francisco Peninsula is cracking open some of the region’s most supply‑starved housing markets, prompting multifamily developers to target obsolete office sites in Sunnyvale, San Mateo and Menlo Park for hundreds of...TenantsOfficeNew Transamerica Pyramid Owner Inks 113K SF Of New LeasesJul 16, 2026The new owner of one of San Francisco’s most iconic high-rise office towers announced seven new leases totaling 113K SF, including five deals inked since Yoda PLC of Cyprus acquired the Transamerica Pyramid in March. The leases are the first announced...TenantsOfficeAI Firm Isara Laboratories Inks 6K-SF Lease at 515 West 20th StreetJul 16, 2026Isara Laboratories, an artificial intelligence startup platform, has taken 6,009 square feet at the boutique office building at 515 West 20th Street, Commercial Observer has learned.OfficeInvestor Duo Spending $20M on Charlotte Office Tower RevampJul 16, 2026Trinity Capital Advisors and Town Lane kicked off the makeover of the 15-story, 388,657-square-foot office tower at 440 S. Church St.TenantsOfficeJaneese Lewis George Wants To Stabilize Rent. The Question Is HowJul 15, 2026Presumptive D.C. mayor-elect Janeese Lewis George will come into office next year with a slate of policy priorities aimed at protecting tenants and stabilizing rent. But she hasn’t yet offered specifics on how exactly she would accomplish those goals...LendingOfficeStreetLights Advancing Apartment Venture at Former Plano Office CampusJul 15, 2026StreetLights Residential has secured $54 million in equity, along with $111.5 million in construction loans, for a new 22-story Plano apartment complex expected to open in 2029.DevelopmentOfficeTrinity Capital, Town Lane Begin Renovations for 15-Story Office Building in Uptown CharlotteJul 15, 2026CHARLOTTE, N.C. — Trinity Capital Advisors and Town Lane have begun renovations on 440 South Church, a 15-story, 388,657-square-foot office building in Uptown Charlotte. Current tenants at the Class A property include Driven Brands and HDR Engineering.Representative imageDealOfficeReports: Airbnb Buys Midtown Manhattan Office Building for $81.5MJul 15, 2026NEW YORK CITY — San Francisco-based Airbnb has purchased 281 Park Avenue South, an office building in Midtown Manhattan, for $81.5 million, according to reports from multiple news outlets, including The Wall Street Journal (WSJ) and the New York Post.LendingOfficeSlatt Capital Arranges Life Company Loan for Rohnert Park OfficesJul 14, 2026Slatt Capital arranged a $12,000,000 non-recourse acquisition loan for a 68,094-square-foot multi-tenant office building located at 5900 State Farm Dr. in Rohnert Park.DealOfficeFinmarc Sells Land, Building to Pulte Homes for $26MJul 14, 2026Finmarc Management, Inc. has completed the $26.36 million sale of an 83,300 square foot flex and office building, as well as an adjacent 6.4-acre parcel located within the Park East Corporate Center in Chantilly, Virginia, to Pulte Homes.