Office news – page 27

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Representative imageTenantsOfficeRalph Lauren Signs 22,000 SF Office Lease Expansion in Manhattan’s Gramercy DistrictJul 10, 2026NEW YORK CITY — Ralph Lauren has signed a 22,000-square-foot office lease expansion in Manhattan’s Gramercy district. The lease term is 13 years, and the fashion designer now occupies 280,000 square feet across portions of four different floors within the building at 601 W.LendingOfficeJemal Equities Refinances D.C. Office Building With $27M CMBS LoanJul 10, 2026Jemal Equities has landed a $27 million commercial mortgage-backed securities loan for 1750 H Street NW in Washington, D.C., Commercial Observer has learned.TenantsOfficeReport: Seattle Office Leasing Activity Exceeds 2.4M SF in Q2 2026Jul 9, 2026The Seattle area office market continued to gain momentum in Q2 2026, with quarterly leasing activity reaching 2.4 million square feet, surpassing Q1 levels and bringing first-half activity to 4.6 million square feet, according to a recent report by Savills.TenantsOfficeNvidia Signs Downtown D.C. Office Lease as Trophy Buildings OutperformJul 9, 2026The most valuable company in the country is expanding its presence in the nation’s capital. Nvidia signed an office lease in Washington, D.C., to become the latest technology company to take space in the District while demand concentrates in the market’s premier buildings.Representative imageTenantsOfficeNBCUniversal Renews 244K-SF Offices at 1221 Avenue of the AmericasJul 9, 2026NBCUniversal is keeping its massive office near Rockefeller Center. The mass media and entertainment conglomerate has renewed its 244,185-square-foot lease at Rockefeller Group’s 1221 Avenue of the Americas, according to a second-quarter office report from CBRE.DevelopmentOfficePhilly Office Construction Pipeline Hits Zero, Conversion Activity SlowsJul 9, 2026More than six years after the pandemic cratered demand for greater Philadelphia office space, the region’s construction pipeline has officially hit zero. The delivery of Chubb’s long-awaited 438K SF build-to-suit space at 2000 Arch St. last quarter...OfficeHeart to Heart Homecare Takes 13K SF for Office in South BronxJul 9, 2026Heart to Heart Homecare, a home health and personal care provider, is bringing its services to the South Bronx.DealOfficeConstruction Begins On AmEx's World Trade Center HQ As Campus Enters 'Momentous' New EraJul 9, 2026Nearly a quarter century after the 9/11 terrorist attacks leveled the World Trade Center towers, work on the new campus’ final new office tower is underway.OfficeOffice Vacancy Falls In More Than Half Of Major U.S. CitiesJul 9, 2026It’s not just New York and California — the office market is getting healthier across the country.DealOfficeAirbnb Strikes $82M Deal to Buy 281 Park Avenue South for NYC OfficeJul 9, 2026Airbnb has been revealed as the mystery buyer of 281 Park Avenue South, a landmarked building in Manhattan’s Gramercy neighborhood that is famous for its association with scammer Anna Delvey.DealOfficeAirbnb Buys Opulent NYC Office As It Battles Short-Term-Rental BanJul 9, 2026Airbnb is reestablishing its New York foothold with an $81.5M purchase of a Gramercy Park office building, acquiring a property so lavish it feels less like a workplace than one of the company’s luxury rental listings.OfficeStanhope And Norges Go Hunting As Sovereign Fund Pivots StrategyJul 9, 2026UK developer and asset manager Stanhope has won a mandate to manage a £4B portfolio of London and Paris office assets on behalf of Norges Bank Investment Management, the world’s largest sovereign wealth fund. The companies will also partner up to look...DealOfficeNewmark Arranges Sale of 120,923 SF Office Building in North DallasJul 9, 2026DALLAS — Newmark has arranged the sale of 8020 Park Lane, a 120,923-square-foot office building located within The Shops at Park Lane mixed-use district in North Dallas. Built in 2015, the five-story building was fully leased at the time of sale to Energy Transfer LP.Representative imageDealOffice9-Story Richardson Offices Picked Up by HarkinsonJul 9, 2026Harkinson Investment Group acquired Tower 2600, a 229,000-square-foot office building in Richardson. Newmark’s Gary Carr, Robert Hill, Chris Murphy and Austin Sheahan represented the seller, Development Ventures Group. Located at 2600 N.LendingOfficeJLL Arranges $352M Loan for Refinancing of Midtown Manhattan Office BuildingJul 9, 2026NEW YORK CITY — JLL has arranged a $352 million loan for the refinancing of 425 Lexington Avenue, a 750,000-square-foot office building in Midtown Manhattan.Representative imageTenantsOfficeRobinson + Cole Signs 48,451 SF Office Lease in Midtown ManhattanJul 9, 2026NEW YORK CITY — Robinson + Cole has signed a 48,451-square-foot office lease in Midtown Manhattan. The law firm has committed to the entire 16th and 17th floors at 100 Park Avenue for the next 15 years. Greg Taubin of Savills represented the tenant in the lease negotiations.LendingOfficeMMCC Arranges Financing for Northridge OfficesJul 8, 2026Marcus & Millichap Capital Corporation (MMCC) arranged $5.7 million in financing for a 48,954-square-foot office property located at 9221 Corbin Ave. in the Northridge neighborhood of Los Angeles.OfficeOne Project's Buckling Beams And Sagging Floors Rattle NYC's 19M SF Conversion PipelineJul 8, 2026The buckling of two support columns at the former Pfizer headquarters in Midtown Manhattan on Tuesday morning rattled more than the nation's largest office-to-residential project. It jolted a real estate industry that has been looking to the building...OfficeRalph Lauren Expands to 280K SF at RXR’s Starrett-Lehigh BuildingJul 8, 2026Iconic fashion brand Ralph Lauren has tacked on 22,000 square feet to its already giant office footprint in Manhattan’s Chelsea neighborhood, Commercial Observer has learned.TenantsOfficeChipmaker Nvidia Leases Office Space In Downtown D.C.Jul 8, 2026Artificial intelligence chip behemoth Nvidia is opening a new office in the center of the nation’s capital.