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Office news – page 3
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Unpaid $79M Loan Puts Downtown Dallas Office Tower At Risk of ForeclosureA Dallas office tower may face foreclosure over an unpaid $79M loan, threatening its future.
Buchanan Acquires Dallas Office TowerBuchanan Capital Partners purchased the Churchill Tower, a 277,268-square-foot Class A office tower in Dallas’s Park Central submarket. TXRE was the seller. The 12-story tower is located at 12400 Coit Road.
Adolfson & Peterson Completes Dallas Office to Retail ConversionAdolfson & Peterson Construction (AP) recently completed the shell construction of The Seam, Asana Partners’ 160,000-square-foot upscale shopping and dining destination in Dallas’ Design District.
New York Life Provides $386M Loan for Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — New York Life Insurance has provided a $386 million loan for the refinancing of 200 Madison Avenue, a 750,000-square-foot office building in Midtown Manhattan. The 26-story building was originally constructed in 1926.
Winston-Salem Office Tower For SaleThe One West Fourth building in Winston-Salem is up for sale. Ardent Companies is the owner of the 14-story, 439,000 square foot office tower. JLL has the marketing assignment. The property sits on about 2.3 acres and has an on-site fitness center and attached parking garage.
Gantry Secures $9M Permanent Loan for Office Building in Temecula, CaliforniaTEMECULA, CALIF. — Gantry has secured a $9 million life company loan to retire a CMBS loan on Vail Ranch Town Square, a low-rise office building in Temecula.
Tempus Realty Partners Acquires 546,548 SF Office Property in Minnesota for $66MHOPKINS, MINN. — Tempus Realty Partners, an Arkansas-based real estate investment firm, has acquired Excelsior Crossings, a two-building office property totaling 546,548 square feet in Hopkins. The purchase price was $66 million.
Oil-Dri Renews Office Lease at Chicago’s Wrigley Building for 20,000 SFCHICAGO — JLL represented Oil-Dri Corp. of America (NYSE: ODC) in a long-term lease renewal at the Wrigley Building, where the company has been headquartered since 1993. Oil-Dri will now relocate within the building to a newly built-out floor totaling 20,000 square feet.
50% Of LA Office Sales Closed At A Loss In The Last YearFifty percent of LA metro office sales between Q2 2025 and Q2 2026 incurred losses due to lender-driven distress in the market.
Quality Doesn’t Always Mean Newer Office Space“Flight to quality” has been a recurring theme in the office market. As companies consolidate and upgrade workspaces, they’re looking for newer, flashier, heavily amenitized buildings to lure workers back to the office. Or so the headlines suggest.
Newmark Arranges $85M Refi on Mixed-Use SoHo PropertyNewmark arranged an $85-million loan on behalf of InterVest Capital Partners to refinance 300 Lafayette St., a boutique mixed-use office and retail property in Manhattan’s SoHo neighborhood. Hudson Bay Capital provided the financing.
Alexandria Lands Cambridge's Largest Office Lease Of The YearCambridge is gaining AI momentum with Blitzy's 52K SF lease at One Kendall Square, owned by Alexandria Real Estate Equities.
Pistola Denim Takes Nearly 18K SF at ROW DTLADenim and womenswear company Pistola Denim has signed a 17,922-square-foot office lease at Atlas Capital Group’s ROW DTLA, adding another fashion company to the nearly 2 million-square-foot Downtown Los Angeles complex. Grace Na founded Pistola in 2013.
Charlotte Office Park Sells For $64M With Plans For Food And Beverage SpaceInvesticore Holdings USA LLC acquires ThExchange office park in Charlotte for $64M, eyeing growth in the city's thriving real estate market.
Moishe Mana Buys Discounted Fort Lauderdale Office Tower for $89MMoishe Mana has ventured out of Miami and into Fort Lauderdale, nabbing a discount to buy a 30-story office building for $89 million, property records show.
KBS Acquires 26-Story Austin Office TowerKBS completed the sale of 515 Congress, a 26-story, 267,956-square-foot Class A office tower at the corner of Congress Avenue and Sixth Street in downtown Austin, Texas. A joint venture of Palmatum Ventures, AQUILA and Glendon Capital Management acquired the property.
Fred Hutch Cancer Center Buys $18M Federal Way Office BuildingFred Hutchinson Cancer Center has completed the $18 million acquisition of a former DaVita office building in Federal Way. Realty Income sold the building, which it acquired from Weyerhaeuser for $19.
George Comfort & Sons Refinances 200 Madison for $386MGeorge Comfort & Sons, and its partners Loeb Partners Realty and Jamestown, completed a $386-million refinancing of 200 Madison Ave., a 750,000-square-foot Grand Central district office tower.
Zurich Affiliate Acquires San Francisco Offices with Leasing UpsideCushman & Wakefield has arranged the sale of 410 Townsend, a historic 78,455-square-foot office building in downtown San Francisco.
Nomic AI Inks 5K-SF Deal at 99 University Place Near Union SquareFour tenants have signed office deals adding up to 15,593 square feet at a 10-story office building near Manhattan’s Union Square, Commercial Observer has learned.