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Bank of Hope Relocates Headquarters to DTLA’s Aon CenterColliers and Carolwood LP secured a lease for approximately 50,000 square feet of office space at the Aon Center, 707 Wilshire Blvd. in Downtown Los Angeles.
L.A.’s Bank of Hope Moves HQ to Aon Center DowntownDowntown Los Angeles’ office market has struggled since the pandemic, but a slew of new leases in the central business district over the past few years reveal growing signs of recovery.
Representative imageFaraday Future to Downsize HQ With 99K-SF Office in El SegundoLos Angeles County’s South Bay is buzzing again with tech, aerospace and defense activity, but that doesn’t mean that every company that calls it home is growing.
Representative imageKen Griffin and Goldman Properties Land $118M for Wynwood OfficeThree months after purchasing an office building in Miami’s Wynwood neighborhood, billionaire Ken Griffin and developer Goldman Properties nabbed a $118 million loan from J.P. Morgan Chase, property records show.
Onward Takes Ownership of 306,000 SF Office Property in AlpharettaALPHARETTA, GA. — Onward Investors, an alternative investment firm based in Minneapolis, has recently taken ownership of a 306,000-square-foot office property in Alpharetta, a northern suburb of Atlanta.
Speaker Spotlight: Peter Riguardi of JLLPeter Riguardi, chairman and president of JLL’s New York tri-state region, joined Commercial Observer’s Future of New York Forum to discuss the city’s commercial real estate rebound, the flight to quality in office, and how emerging industries like artificial intelligence are…
Meridian Investment Sales Team on the Market With 504K-SF Best-in-Class Queens Office Fully Leased With Investment-Grade TenantsMeridian Capital Group announced that its Institutional Investment Sales Group, led by Helen Hwang, has been retained to market for sale 80-02 Kew Gardens Road, a premier 12-story, 504,000-square-foot Class A office building in the heart of Kew Gardens, Queens.
Berkshire Blanket & Home Renews 10K-SF Office at 60 Madison AvenueBerkshire Blanket & Home, a sleepwear and bedding retailer, has signed a 10-year lease renewal for its 10,000-square-foot offices at 60 Madison Avenue, building owner the Moinian Group announced Tuesday.
Ford Models Inks 12K-SF Office Lease at 36 East 31st StreetMore passion, more energy, more footwork is coming to Midtown South. Modeling agency Ford Models has signed an 11,986-square-foot lease at the Rosen family’s 36 East 31st Street, building manager Koeppel Rosen announced Tuesday. Asking rent was $48 per square foot.
Pebb Enterprises Refis Boca Offices With $35M From CitibankPebb Enterprises nabbed $35 million from Citibank to refinance two office properties in Boca Raton, Fla., the developer announced.
Representative imageWells Fargo Provides $145M CMBS Loan for Silicon Valley Office ComplexPrometheus Real Estate Group has secured a $145 million loan to refinance The Towers at Cupertino City Center, a two-building, recently renovated office center in Cupertino, Calif., in Silicon Valley, according to a release.
Sage Expands Office Footprint at Ponce City Market in AtlantaATLANTA — Sage, an accounting, HR and finance tech firm, has expanded its office footprint at 619 Ponce, a four-story, mass-timber loft office building at Ponce City Market.
GFP Receives $86.5M Loan for Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — Local owner-operator GFP Real Estate has received an $86.5 million loan for the refinancing of 515 Madison Avenue, a 42-story office building in Midtown Manhattan.
Representative imageNorthmarq Arranges $145M Refinancing for Two-Building Office Campus in Cupertino, CaliforniaCUPERTINO, CALIF. — Northmarq has arranged $145 million in refinancing for The Towers at Cupertino City Center, a two-building office campus in Cupertino. Prometheus Real Estate Group owns and operates the Class A property.
BXP Secures 230K SF of Leases at 360 Park Ave. SouthBXP on Monday announced a series of long-term leases at 360 Park Ave. South, a 450,000-square-foot office building in Midtown South.
Largest Office-to-Resi Conversion in Massachusetts Secures FinancingMassDevelopment has partnered with primary lender The Washington Trust Company to provide $51,170,000 in loan financing to OCP Worcester Owner LLC, an affiliate of real estate development company and property owner Synergy, for the largest office-to-residential conversion in…
Representative imageBank of America to Grow Footprint to 2.4M SF at One Bryant ParkBank of America is taking over almost the entire 2.44 million-square-foot office tower at One Bryant Park, which it owns in a joint venture with the Durst Organization.
Industrious Balloons to 292K SF at Kato International’s Tower 49Now that’s a big flex! Coworking firm Industrious will expand its presence at Kato International’s Tower 49 from 240,000 square feet across 16 floors to 291,600 square feet across 18 floors, with the landlord declaring the tower is now the largest flexible office location in the…
TXRE Offloads 83K-SF Arlington Office BuildingTXRE Properties sold the Arlington Interlink at 1701 E. Lamar Boulevard to Hielan Real Estate. The Dallas Business Journal reports Hielan secured a $10.5 million loan from Plains Capital Bank.
To Bring Employees Back to Office, Understand Attendance DriversFor employers seeking to boost office attendance, along with owners, retailers and cities looking to maximize today’s visitation patterns, understanding what actually drives employee behavior has become more critical than ever, Placer.ai says in a new white paper.