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Joint Venture Pays $41M for Chinatown OfficesLimited liability company ASB George Canal sold its Chinatown office and retail building to a joint venture for $40.5 million, after purchasing the building for nearly $62 million in 2013.
Irving Buys 260K-SF Office Midrise for Police, Fire ServicesThe City of Irving has purchased MacArthur Ridge II, a 260,796-square-foot office building for police and fire department services.
Newmark Brokers Sale of Seven-Building Stonemill Design Center Flex Office Campus in Costa MesaCOSTA MESA, CALIF. — Newmark has arranged the sale of Stonemill Design Center, a flex office campus on 8.3 acres at 2915 Red Hill Ave. in Costa Mesa.
Representative imagePhoenix’s Office Sector Enters 2026 With Lower VacanciesSee which other metrics improved in The Valley, according to Yardi Matrix. The post Phoenix’s Office Sector Enters 2026 With Lower Vacancies appeared first on Commercial Property Executive.
CIM Group Divests Greenwich Village Boutique Offices for $46MNewmark arranged the sale and financing of 88 University Pl., a 100,000-square-foot Beaux-Arts office building with ground-floor retail located in Greenwich Village.
Skanska’s 25-Story Office Tower in Downtown Bellevue Signs Retail TenantsSkanska’s 25-story office tower in downtown Bellevue, The Eight, has signed two retail tenants.
Developer Planning $60M Arlington Mixed-Use VentureWolverine Interests is hoping to package apartments, retail and office space into a 3.41-acre spot near the University of Texas at Arlington.
Representative imageAscentris-Led Partnership Sells Two South Florida Office Buildings, Launches Multifamily Conversion ProjectDORAL, FLA. — Ascentris, in partnership with Highline Real Estate Capital and Square2 Capital, has completed a multi-phase repositioning of Westside Plaza, a three-building, 382,637-square-foot office complex in Doral, a western suburb of Miami.
Bucksbaum Acquires Mixed-Use Office Campus in Coachella ValleyNewmark arranged the $25.75-million sale of One El Paseo Plaza, a three-building, 86,835-square-foot mixed-use office campus located at 74-199 El Paseo Dr. and 74-225 & 74-245 Hwy. 111 in Palm Desert.
Representative imageCapital Group Buys L.A. Office Tower for Around $210M: SourcesCapital Group, one of the largest investment management firms in the world, announced it has entered an agreement to acquire the Bank of America Plaza office tower in Downtown Los Angeles.
Data Security Firm AvePoint Inks 8K-SF Lease at Vornado’s Penn 2AvePoint, a tech company specializing in data protection, security and compliance, has signed an 8,000-square-foot lease for its first New York City office at Vornado Realty Trust’s Penn 2 office tower, Commercial Observer has learned.
LA Angels Owner Buys Luxury Phoenix Rental CommunityLos Angeles Angels owner Arte Moreno paid $125 million for the Cortland Biltmore, nearly $500,000 per unit. Moreno has a history of purchasing real estate in the area. Moreno recently bought a 12-acre office complex in the Biltmore area for $60 million.
Representative imageRPT Alliance Signs 11,847 SF Office Lease Expansion in Northwest HoustonHOUSTON — RPT Alliance has signed an 11,847-square-foot office lease expansion in northwest Houston. The oil-and-gas services provider now occupies 25,244 square feet at Sam Houston Crossing II, a 159,056-square-foot building.
Boutique Chelsea Office Building Reaches 100% OccupancyCushman & Wakefield announced that 28&7, a boutique Class A office building located at 205 W. 28th St. in Manhattan’s Chelsea neighborhood, has reached 100% occupancy with two new office leases.
Thor Equities Pays $56M for 1165 BroadwayThor Equities has purchased David Haddad’s 1165 Broadway for $56 million, Commercial Observer has learned. The 58,000-square-foot office and retail building is in Manhattan’s NoMad district, at the corner of Broadway and 27th Street.
Gordon Brothers to Market Historic Office Building in Cleveland for SaleGordon Brothers has been retained to lead the sale of the 925 Euclid Avenue building, a historic landmark office known as the Huntington Building. The property spans nearly 1.5 million square feet in the heart of downtown Cleveland’s central business district.
Melius AI Leases 5K SF at 205 West 28th StreetClass A office building 28&7, at 205 West 28th Street in Manhattan’s Chelsea neighborhood, is now fully occupied thanks to a pair of leases totaling 6,636 square feet, landlord brokerage Cushman & Wakefield announced Wednesday.
SL Green Secures $1.65B Refi for Historic NYC Office TowerOne of SL Green Realty’s prime New York City office properties just got a new round of capital.
CRE Veteran Launches Private REIT Targeting Multifamily, Office ConversionsJonathan Morris, a former executive at three publicly traded real estate investment trusts and longtime Georgetown University real estate investment trust professor, has formed a new investment vehicle aimed at seizing on discounted multifamily assets.
Representative imageJohn Moore LLC Signs 16,234 SF Office Lease in Northwest HoustonHOUSTON — John Moore LLC has signed a 16,234-square-foot office lease in northwest Houston. The provider of home services has committed to Sam Houston Crossing II, a 159,056-square-foot building.