CBTS Technology Solutions Takes 4K SF at 1261 Broadway
Why this matters
Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed office deal value tracked in October 2026: $3.4B across 16 reported transactions. All Office coverage →
Computed from Real Estate Trail’s own tracked coverage
CBTS Technology Solutions , a tech service provider, has inked a 3,612-square-foot lease at the Rosen family’s office property at 1261 Broadway , according to Koeppel Rosen , the landlord’s leasing and management agen…
External link. Real Estate Trail does not republish source content.
Related coverage — Office
Terra Secures $184M Refi for New Tom Brady-Leased Office Near Miami
Terra has secured a $183.8 million loan to refinance a newly completed, wellness-focused office complex in Bay Harbor Islands, Fla., which counts Tom Brady ’s family office as a tenant. The financing from Monroe Capit…
The Next Great Workplace Will Be Designed for Attention
The office today is filled with noise. Our attention is steadily given over to a barrage of notifications, messages, endless scrolls and side chats. We are conditioned to respond immediately, putting us in a state of…
Finance App Lucid Trading Signs 8K-SF Lease at 260 Spring Street
Lucid Trading , an app that lets users manage their trading accounts, has taken 8,263 square feet at 260 Spring Street in Manhattan’s SoHo neighborhood, according to tenant broker Douglas Elliman . The office lease wa…
ONE Street Secures $38M for Georgetown Office-to-Condo Conversion
Digital bank OakNorth and commercial real estate lender Hickory CRE Lending have provided a $37.8 million co-loan to ONE Street Commercial Properties to support the redevelopment of 3333 K Street NW in Washington, D.C…