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Office news – page 45
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Franklin Street Properties Adds BofA, JLL Securities to Strategic ReviewWakefield, MA-based office REIT Franklin Street Properties Corp. has expanded its ongoing strategic alternatives review process to include BofA Securities and Jones Lang LaSalle Securities, LLC as co-financial advisors in an expansion of its ongoing strategic review process.
Triad Development Team Eyeing Mixed-Use Project Near AirportPhillips Management, with Signature Property Group, is developing a mixed-use community with more than 700 multifamily units, commercial and office space near Piedmont Triad International Airport.
Riverside-Led Team to Redevelop Charlotte Office TowersRiverside Investment & Development and Singerman Real Estate acquired the former Two Wells Fargo Center at 301 S. Tryon St. The Charlotte Business Journal reports the joint venture paid $36.5 million.
U.S. Office Begins to Stabilize as More Markets Record Positive AbsorptionDespite a first quarter of 2026 that saw negative absorption, the U.S. office market is beginning to stabilize, Cushman & Wakefield reported.
What Drives Office Use and Occupancies? Hint: It’s Not About ClassTerms like “flight to quality” and “bifurcation” have been part of the office discussion since the pandemic. The belief is that tenants prefer newer, amenity-filled Class A buildings to older, Class B or C buildings. Chase Garbarino’s reaction? Not so fast.
Hoar Construction, American Real Estate Partners Complete Alexandria Office-to-Residential ConversionHoar Construction announced the completion of construction on CityHouse Old Town for American Real Estate Partners (AREP). CityHouse Old Town is a seven-story, office-to-residential conversion project on King Street in Alexandria, Virginia.
Not-for-Profit Insurance Carrier Acquires Pasadena OfficesState Compensation Insurance Fund has purchased a 158,785-square-foot Class A office building at 35 N. Lake Ave. in Pasadena, CBRE announced. Los Angeles Business First reported the purchase price as $33 million.
Robinson + Cole Commitment Means Full Occupancy at 100 Park Ave.SL Green Realty Corp. said Thursday that Robinson + Cole, one of the oldest law firms in the U.S., has signed a new 15-year lease covering 48,451 square feet on the entire 16th and 17th floors at 100 Park Ave. The 36-story, 905,000-square-foot office building is now 100% leased.
Family Office Heyman Enterprise Relocates to 7K SF at 499 Park AvenueThe Heyman Enterprise, a single-family office and investment firm led by CEO Larry Heyman, is relocating its offices to 499 Park Avenue in Manhattan’s Plaza District, Commercial Observer has learned.
Representative imageJoint Venture Acquires 53,000 SF Office, Retail Building in San AntonioSAN ANTONIO — A joint venture between two retail owner-operators, Houston-based Fifth Corner and San Antonio-based Headwall Investments, has acquired a 53,000-square-foot office and retail building in San Antonio’s Alamo Heights submarket.
Representative imageReturn-to-Office Momentum Marches OnVisits reached their highest March level since the pandemic, boosted by a recovery on the West Coast. The post Return-to-Office Momentum Marches On appeared first on Commercial Property Executive.
Moinian Group to Convert Office Portion of 17 Battery Place Into Residential UnitsThe Financial District is about to make room for even more residents, as the Moinian Group announced Wednesday its latest office-to-residential conversion project at 17 Battery Place.
First Cherry Creek West Office Building Launches Lease EffortEast West Partners and private equity partner Ascentris launched leasing for the first office building at Cherry Creek West, a 13-acre mixed-use redevelopment project.
Dreamscape Advancing Nashville Office ConversionSince buying the Fifth Third Center office building at a deep discount in August, Dreamscape has been working to transform the 33-story building.
MetroNational Buys 218,000 SF Office, Retail Development in Houston’s Heights DistrictHOUSTON — Local owner-operator MetroNational has purchased M-K-T Heights, a 218,000-square-foot office and retail development located just west of downtown Houston.
Coreforce Signs 32,945 SF Office Lease at Uptown Atlanta Mixed-Use DevelopmentATLANTA — Coreforce, a public safety tech firm based in Decatur, Ga., has signed a 32,945-square-foot office lease at Uptown Atlanta, a mixed-use development by Rubenstein Partners LP that straddles Atlanta’s Buckhead and Midtown submarkets.
United Atlantic Capital Expands to 10K SF at RFR’s 475 Fifth AvenueUnited Atlantic Capital, a New York City-based financial services company, is staying put at RFR Holding’s Midtown office building at 475 Fifth Avenue, Commercial Observer has learned.
NewForm Completes Revitalization of Vintage Houston Office TowerNewForm Real Estate completed a multi-million-dollar restoration of 917 Franklin, the historic Commercial National Bank Building. One of the earliest skyscrapers in Houston’s original financial district, the six-story building has just over 50,000 square feet of space.
Retail Performance, Office Recovery Vary by MarketOverall U.S. shopping center foot traffic increased across most states in 2025, although some regions are softer and the level of performance is format-specific, led by convenience retailers, Placer.ai says in a new white paper.
Joint Venture Acquires 310,943 SF Office Building in North DallasDALLAS — A joint venture between Dallas-based Pillar Commercial and New York-based Ascent Real Estate Advisors has acquired Rambler Park, a 310,943-square-foot office building in North Dallas.