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Apple Pays $162M for Sunnyvale Offices It Had SubleasedApple has paid $162.2 million for a Sunnyvale office building after signing a sublease for the property last year, the Silicon Valley Business Journal reported. The property at 684 W. Maude Ave.
Newmark Arranges $280M Financing for Long Island Office PortfolioNewmark arranged the $280-million financing for a 14-property medical office and suburban office portfolio totaling approximately 1.51 million square feet across Long Island.
Representative imageNYC Alliance Signs 50,000 SF Office Lease at 1441 Broadway in Midtown ManhattanNEW YORK CITY — NYC Alliance, the apparel company behind brands like Juicy Couture, Frye and 525 America, has signed a 10-year, 50,000-square-foot office lease, inclusive of showroom space, at 1441 Broadway in Midtown Manhattan.
Quill Signs 60,000 SF Office Lease Renewal in Lincolnshire, IllinoisLINCOLNSHIRE, ILL. — Quill, a provider of office equipment, supplies and technology products, has signed a 60,000-square-foot office lease renewal at 300 Tri State International Drive in the northern Chicago suburb of Lincolnshire.
Shorenstein Picks Up 273K-SF Plano Office CampusShorenstein Properties acquired The Tennyson, a two-building, Class A office campus totaling approximately 273,574 square feet in Plano, Texas. Spear Street Capital was the seller of the property, built in 2012.
Downtown Boston Office Sells for 71% Discount on 2019 PriceAn 11-story office building in downtown Boston has sold for $30 million, representing a 7% discount and a major loss for the owner that paid $103 million in 2019, the Boston Business Journal reported.
Representative imageVMG Health Signs 30,203 SF Office Lease in Downtown DallasDALLAS — VMG Health, a healthcare consulting firm, has signed a 30,203-square-foot office lease in downtown Dallas. The space is located within One Victory Park, a 20-story, 435,606-square-foot building.
Representative imageNationwide Mortgage Bankers Opens 30,000 SF Office Headquarters in Melville, New YorkMELVILLE, N.Y. — Nationwide Mortgage Bankers (NMB), a locally based financial institution, has opened a 30,000-square-foot office headquarters at 1305 Walt Whitman Road in Melville, a community located on Long Island.
Boutique Office and Retail Property Fetches $31M in Flatiron DistrictAtlantic Capital Partners closed the $31-million sale of 893 Broadway, a boutique office and retail building located in Manhattan’s Flatiron District.
AI Agent Platform Parloa Quickly Snaps Up More Office Space at 1245 BroadwayArtificial intelligence customer service provider Parloa is expanding its Midtown offices after only six months in the building.
Recruiting Firm Zeal Talent Ventures Takes 9K SF at 419 Lafayette StreetA recruiting firm has expanded to a new office in Manhattan’s NoHo neighborhood.
ACORE Capital Provides $110M Loan for Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — ACORE Capital has provided a $110 million loan for the refinancing of 370 Lexington Avenue, a 317,000-square-foot office building located in the Grand Central submarket of Midtown Manhattan.
Representative imageRayonier Signs 36,000 SF Office Lease in Atlanta for New Corporate HeadquartersATLANTA — Rayonier Inc., a publicly traded land resources REIT, has signed a lease to occupy 36,000 square feet at Terminus 100, a mixed-use tower in Atlanta’s Buckhead district.
Vornado Brings Redeveloped PENN 2 to 90% LeasedVornado Realty Trust announced that PENN 2, its reimagined office tower in the Penn District campus, is now 90% leased after completing full-floor leases with both Altana AI and Veeva.
NAI Hiffman Achieves Full Occupancy at 137K-SF O’Hare Office BuildingNAI Hiffman announced the completion of a new 2,748-square-foot lease with Horn-McGowan Insurance Agency at 5500 Pearl Street in Rosemont, Illinois, bringing the four-story office building to 100% occupancy.
Kings Capital Files Plans to Convert FiDi’s 61 Gold Street Into 108 ApartmentsManhattan’s Financial District has become the office-to-residential conversion capital of New York City, as thousands of new units have entered the pipeline over the last few years.
Gillett Commercial Eyeing 109K-SF Allen Office/Flex ProjectGillett Commercial is adding to its Allen portfolio. It purchased 6.64 acres of land located along US 75 from the Allen Economic Development Corp. for a 109,000-square-foot project named Allen Place.
Representative imageSkyWalker Buys 73,747 SF Office Building in North Fort WorthFORT WORTH, TEXAS — Local investment firm SkyWalker Property Partners has purchased Alliance Commerce Center, a 73,747-square-foot office building in North Fort Worth. The building is located within AllianceTexas and was 90 percent leased at the time of sale.
Flournoy Acquires Charlotte Parcel, 351-Unit Rental Community on WayCousins is foregoing its plans to build a 17-story office highrise and a 19-story apartment building at West Tremont and Doggett in Charlotte, instead selling the parcel to Flournoy so Flournoy can develop it.
Representative imageBMC Investments Sells 100,000 SF Mixed-Use Property in DenverDENVER — BMC Investments has sold 255 Fillmore, a Class A mixed-use building in Denver’s Cherry Creek neighborhood. A high-net-worth family office acquired the asset for an undisclosed price. Tim Richey of Newmark represented the seller in the deal, while Lincoln Property Co.