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FCCU Buys 470,623 SF Office Building in Northwest Houston for New HeadquartersHOUSTON — First Community Credit Union (FCCU) has purchased Noble Energy Center Two, a 470,623-square-foot office building in northwest Houston, for its new headquarters.
Representative imageJLL Brokers Sale of 171,510 SF Office Building in Houston’s Galleria DistrictHOUSTON — JLL has brokered the sale of 1800 Bering, a 171,510-square-foot office building in Houston’s Galleria district.
Representative imageYardi Signs 70,106 SF Office Lease at 7900 Windrose in PlanoPLANO, TEXAS — Yardi has signed a 70,106-square-foot office lease in Plano. The real estate technology firm is taking space at 7900 Windrose, a 19-story, 1 million-square-foot building.
Representative imagePottery Barn Outlet to Open 25,027 SF Store in Grapevine, TexasGRAPEVINE, TEXAS — Pottery Barn Outlet will open a 25,027-square-foot store in Grapevine, located in the northern-central part of the metroplex. The store will be situated within one of the anchor spaces at Grapevine Towne Center.
BSC Razing Greensboro Parking Structure to Build Apartment CommunityDemolition is underway on the Davie Street Parking Deck in downtown Greensboro (shown). The Triad Business Journal reports the move will make way for a new luxury apartment community with restaurant and retail space.
Rolex Nears Completion of 30-Story, Namesake Office Building in Midtown ManhattanNEW YORK CITY — Luxury watchmaker Rolex is nearing completion of construction of a 30-story namesake office building in Midtown Manhattan. Designed by architect Sir David Chipperfield, The Rolex Building will be located at 665 Fifth Ave. and will span 165,000 square feet.
Representative imageRockpoint Picks Up North Carolina PortfolioThe six-building collection is located in two high-growth industrial markets. The post Rockpoint Picks Up North Carolina Portfolio appeared first on Commercial Property Executive.
Representative imageJoint Venture Receives $175M Construction Loan for Office-to-Residential Conversion in Lower ManhattanNEW YORK CITY — A joint venture between Broad Street Development, Los Angeles-based PCCP and One Investment Management has received a $175 million construction loan for an office-to-residential conversion project in Lower Manhattan.
Cousins Signs Oracle to 116,000 SF Office Lease in NashvilleNASHVILLE, TENN. — Cousins Properties has signed tech giant Oracle to a 116,000-square-foot office lease in Nashville’s Germantown neighborhood.
Skysoar Capital Buys 32-Story One Canal Place Office Tower in New OrleansNEW ORLEANS — Skysoar Capital Partners has purchased One Canal Place, a 32-story office tower located at 365 Canal St. in New Orleans. The sales price was not disclosed.
Jax McDonald’s Distribution Center Sells for $66.9MVanTrust Real Estate sold a recently delivered Anderson-DuBose warehouse in Jacksonville. An affiliate of US Realty Advisors paid $66.9 million for the 153,000-square-foot facility, a food-service distribution center for McDonald’s restaurants in the region.
TruAmerica Purchases 20-Story Apartment High-Rise in Atlanta’s Buckhead DistrictATLANTA — Los Angeles-based TruAmerica Multifamily has purchased The Tower on Piedmont, a 20-story high-rise apartment tower in Atlanta’s Buckhead district.
Vesper Acquires 385-Bed Student Housing Community Near University of LouisvilleLOUISVILLE, KY. — Vesper Holdings has acquired Yugo Louisville Nine, a 385-bed student housing community located near the University of Louisville campus.
Representative imageEliseAI Signs 109,000 SF Office Headquarters Lease in Midtown ManhattanNEW YORK CITY — EliseAI has signed a 10-year, 109,000-square-foot office headquarters lease in Midtown Manhattan. The startup that serves the housing and healthcare industries will relocate from a nearby location to the 240,000-square-foot building at 401 Fifth Avenue.
Domain Cos., Cottonwood Group Receive $102M in Financing for Development of Kimpton Hotel in Salt Lake CitySALT LAKE CITY — The Domain Cos., in partnership with Cottonwood Group, has closed on $102 million in financing for the development of hotel at 370 S. West Temple in downtown Salt Lake City. Completion is slated for first-quarter 2028.
Representative imageUnited Hospital Fund Renews 22,083 SF Office Headquarters Lease in Midtown ManhattanNEW YORK CITY — United Hospital Fund has renewed its 22,083-square-foot office headquarters lease in Midtown Manhattan. The nonprofit organization is relocating from the 12th to seventh floor of 1411 Broadway.
CBRE Secures $70M Refinancing for 24Fifty at University Park Multifamily Property in DenverDENVER — CBRE has arranged a $70 million refinancing for 24Fifty at University Park, a multifamily community in Denver. Brad Zampa, Mike Walker, Brady O’Donnell and Jill Haug of CBRE secured the five-year, floating-rate loan from a national debt fund for the borrower, DivcoWest.
H.G. Fenton Buys 210,871 SF Kearny Mesa West Industrial Park in San DiegoSAN DIEGO — H.G. Fenton has purchased Kearny Mesa West, a multi-tenant industrial business park in San Diego, from CIM Group for an undisclosed price. Hunter Rowe, Joe Cesta, Eric Cox and Matt Carlson of CBRE represented the seller in the deal.
Representative imageInside Industrial: Automation, Power & ProximityCBRE’s John Morris joins CPE’s Diana Firtea to discuss how automation, power constraints and supply chain shifts are reshaping industrial facility requirements and investment strategy.
Representative imageLife Science Construction Falls, Deals ReboundDevelopment and new starts are declining in the life science sector, mirroring national office trends as the sector adjusts. The post Life Science Construction Falls, Deals Rebound appeared first on Commercial Property Executive.