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Office news – page 28
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SDC Capital Partners Inks 23K-SF Lease at Savanna’s 799 BroadwaySDC Capital Partners has signed a new office lease just south of Manhattan’s Union Square, Commercial Observer has learned.
Reports: Midtown Manhattan Office Building ‘Stable’ Following Yesterday’s EvacuationNEW YORK CITY — The Midtown Manhattan office building that is under construction on East 42nd Street and was evacuated on Tuesday, July 7 following reports of buckling columns, sagging floors and falling debris is in “stable” condition, according to reports from USA Today and…
RCS, Lamar Acquire 368,049 SF Office Building in Jersey CityJERSEY CITY, N.J. — A partnership between Real Capital Solutions (RCS) and Lamar Cos. has acquired 30 Montgomery, a 368,049-square-foot office building in Jersey City.
MMCC Arranges $5.7M in Financing for Office Property in Los AngelesLOS ANGELES — Marcus & Millichap Capital Corp. (MMCC) has arranged $5.7 million in financing for an office building located at 9221 Corbin Ave. in the Northridge neighborhood of Los Angeles.
Partnership Acquires Coral Gables Office Portfolio in South Florida for $97.8MCORAL GABLES, FLA. — A partnership between Intalex Capital, Itero Investments and Greenwall has acquired The Ponce, a three-building office portfolio spanning 365,000 square feet in Coral Gables.
Representative imageQuest Diagnostics Extends 131,000 SF Office Headquarters Lease in Secaucus, New JerseySECAUCUS, N.J. — Quest Diagnostics has extended its 131,000-square-foot office headquarters lease in the Northern New Jersey community of Secaucus. The space is located within the 11-story, 465,000-square-foot building at 500 Plaza Drive, which was originally constructed in 1985.
Representative imagePwC’s Move to Century City Is Another Blow to Downtown L.A.The Los Angeles office market has shown measurable signs of recovery in recent months, but Downtown L.A. just suffered another high-profile setback.
Newmark Lands Listings to Sell 3 Phoenix-Area Class A Office PropertiesNewmark has the listings for three Class A office properties in the Phoenix Metro area. The Phoenix Business Journal reports the offices, totaling 545,000 square feet, are situated in Chandler, Scottsdale and Phoenix.
PwC Plans Relocation from DTLA to Century City in 2028Longtime Downtown Los Angeles office tenant PwC is relocating to Century City. The Los Angeles Times reported that the accounting and professional services firm has signed a 15-year lease to occupy 150,000 square feet at Irvine Company’s 2121 Ave. of the Stars.
Top Brokerage Expands With Downtown D.C. Office MoveColliers is relocating to a bigger office in downtown D.C. and committing to the city’s central business district for another 12 years.
JVP Starts Work on 110K-SF Office Building at Frisco’s The MixJVP Development broke ground on the first office building at The Mix (shown), a mixed-use development located in Frisco’s North Platinum Corridor.
Representative imageLargest U.S. Office-To-Resi Conversion Under Threat of Structural CollapseThe largest office-to-residential conversion project in the U.S. is facing a structural emergency.
Newmark Arranges $515M Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — Newmark has arranged the $515 million refinancing of 31 West 52nd Street, a 785,000-square-foot office building in Midtown Manhattan.
CBRE Arranges Sale of 16-Story Moore Office Building in NashvilleNASHVILLE, TENN. — CBRE has arranged the sale of The Moore Building, a 16-story office building located at 827 19th Ave. S in Nashville. Shorenstein Investment Advisors purchased the 245,826-square-foot building from Atlanta-based Portman Holdings.
Former Pfizer HQ At Risk Of Collapse, Midtown Offices EvacuatedSeveral Midtown Manhattan office buildings were evacuated Tuesday morning following reports of a compromised steel beam at the site of New York City’s largest office-to-residential conversion.
CBRE Opens 19,500 SF Office in Downtown Columbus, OhioCOLUMBUS, OHIO — CBRE has opened its new 19,500-square-foot office on the fifth floor at 10 W. Nationwide Blvd., a trophy office building within the Arena District owned and developed by Nationwide Realty Investors in downtown Columbus.
Shorenstein, Portman Agree to Terms on Nashville Office SaleShorenstein Investment Advisers has purchased the Moore Building, a 245,826-square-foot office property in Nashville, Tenn. Portman Holdings was the seller.
CoreWeave Doubles Headquarters Space to 62K SFCoreWeave has signed a 31,000-square-foot, long-term expansion of its office space at Eastman Companies’ The Eisenhower at 290 W. Mount Pleasant Ave. in Livingston, NJ, less than a year after its initial 31,000-square-foot lease.
PGIM Sells Coral Gables Office Complex for $98MInsurance giant PGIM has sold the 717,805-square-foot Ponce office complex in Coral Gables, Fla., for $97.8 million.
Representative imageLaw Firm Loeb & Loeb Expands to 179K SF at Rudin’s 345 Park AvenueA global law firm is growing its office footprint to 178,959 square feet in Midtown East. Loeb & Loeb, which has more than 450 attorneys across the U.S.