Office news – page 55

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OfficeAccesso to Undertake Mixed-Use Redevelopment of 911,574 SF Office Campus in Northwest AustinMar 16, 2026AUSTIN, TEXAS — Accesso, a Florida-based owner-operator, will undertake a mixed-use redevelopment of 7700 Parmer, a 911,574-square-foot office campus in northwest Austin.Representative imageDealOfficeNewmark Brokers Sale of 32,400 SF Office, Retail Building in Manhattan’s SoHo DistrictMar 16, 2026NEW YORK CITY — Newmark has brokered the sale of a 32,400-square-foot office and retail building in Manhattan’s SoHo district. The landmark five-story building at 61–63 Crosby St.Representative imageDealOfficeSouthwest Autism Research Buys 10,628 SF Office Building in TucsonMar 16, 2026TUCSON, ARIZ. — Southwest Autism Research & Resource Center has purchased a freestanding office building, located at 3100 N. Campbell Ave. in Tucson, from Siempre Juntos for $2.1 million.TenantsOfficeMarket Insights Firm Optiver Expands by 92K SF at BXP’s 360 Park Avenue SouthMar 16, 2026Real estate investment trust BXP has four new tenants and an expansion coming to one of its Midtown South buildings. Together, the four office leases cover 184,000 square feet.DealOffice$500M Berkeley Heights Redevelopment Adds Six New RetailersMar 13, 2026The Park, a 185-acre mixed-use campus in Berkeley Heights, NJ, announced six new retailers that will occupy The District at The Park beginning in July. The tenants have been signed as the former office campus undergoes a $500-million redevelopment.DealOfficeBuchanan Partners Acquires Inova’s Former Merrifield HQ for $13MMar 13, 2026Inova Health System has sold a 240,000-square-foot Merrifield office building, its former corporate headquarters, to a Bethesda firm that plans a long-term redevelopment project.DealOfficeIrvine Company Trades Pasadena Office for 32% DiscountMar 13, 2026Southern California’s largest owner of multifamily units is trading off many of its office assets across the region, and one of the state’s fastest-growing banks is stepping up to take advantage in Pasadena.LendingOfficeCrestline Refis Coral Gables Office Building With $25M LoanMar 13, 2026Westside Capital Group has landed a $24.7 million loan to refinance its newly acquired headquarters in suburban Miami, Commercial Observer has learned.Representative imageTenantsOfficeBaymark Health Signs 30,388 SF Office Lease Renewal in Lewisville, TexasMar 13, 2026LEWISVILLE, TEXAS — Baymark Health Services has signed a 30,388-square-foot office lease renewal in Lewisville, a northern suburb of Dallas.LendingOfficeGantry Secures $13.5M Loan for Refinancing of Historic Office Building in Palo Alto, CaliforniaMar 13, 2026PALO ALTO, CALIF. — Gantry has secured a $13.5 million permanent loan to refinance a timely maturity on a historic office building in Palo Alto.DealOfficeSimon Singer’s FTK Capital Acquires Chicago Office Building for $25M via Note SaleMar 12, 2026A Chicago office building has changed hands and is beginning a new chapter, Commercial Observer has learned.LendingOfficeCMBS Special Servicing Rate Dips in February, but Retail Sees Big IncreaseMar 12, 2026The Trepp CMBS Special Servicing Rate declined modestly by 18 basis points in February to 10.73%. The decline resulted from seven office and three mixed-use loans transferring out of special servicing, but was nearly negated by a large retail loan’s transfer to special servicing.OfficeTrammell Crow Kicks Off Charlotte Foundry Redevelopment ProjectMar 12, 2026Trammell Crow Co. pulled its first permit for a Charlotte mixed-use project featuring apartments, a hotel, office and retail at the former Charlotte Pipe and Foundry site.Representative imageTenantsOfficePrime Controls Signs 49,715 SF Office Lease in Lewisville, TexasMar 12, 2026LEWISVILLE, TEXAS — Prime Controls has signed a 49,715-square-foot office lease in Lewisville, a northern suburb of Dallas. The supplier of industrial equipment is taking space within Corporate Pointe, a two-building development that is now 90 percent leased.LendingOfficeWaterfall Provides $127M Loan for Refinancing of Metro Philadelphia Office CampusMar 12, 2026KING OF PRUSSIA, PA. — Waterfall Asset Management, a New York City-based lender, has provided a $127 million loan for the refinancing of Chesterbrook, a 1.1 million-square-foot office campus located northwest of Philadelphia in King of Prussia.DealOfficeColliers Arranges $156M Sale of Huntington Tower in Downtown DetroitMar 12, 2026DETROIT — Colliers has arranged the sale of Huntington Tower, a 21-story office building located at 2025 Woodward Ave. in downtown Detroit.DevelopmentOfficeAccesso to Start Work on Expansive Austin Redevelopment ProjectMar 11, 2026Accesso will break ground on the multi-phase mixed-use project at the property at 7700 Parmer Lane in 2027, and will also renovate the existing office buildings on the campus, currently the fourth-largest office campus in the metro at 911,573 square feet.Representative imageTenantsOfficeMelton & Melton Signs 31,013 SF Office Lease in Houston’s Westchase DistrictMar 11, 2026HOUSTON — Melton & Melton has signed a 31,013-square-foot office lease in Houston’s Westchase district. The accounting firm is relocating to Westchase Park I, which is part of a two-building, 579,032-square-foot campus.TenantsOfficeSHoP Architects Renews, Expands Lease at Woolworth BuildingMar 10, 2026Cammeby’s announced that long-term office tenant SHoP Architects has signed a 15-year lease renewal and expansion totaling approximately 56,000 square feet at the historic Woolworth Building, 233 Broadway in Lower Manhattan.OfficeAlex Heim Joins CBRE as SVP in Ontario OfficeMar 10, 2026CBRE said Tuesday that Alex Heim has joined the firm as an SVP in the Ontario office.