Commercial real estate listings: 24,000-square-foot office building bought for $3.6 million
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: $6.1B across 27 reported transactions. All Office coverage →
Computed from Real Estate Trail’s own tracked coverage
External link. Real Estate Trail does not republish source content.
Related coverage — Office
10-Building Chandler Office Campus Trades for $30.5M
CBRE arranged the $30.5 million sale of Chandler Center Commons, a 120,516-square-foot, 10-building office campus at 5500-5590 West Chandler Blvd., in Chandler, Arizona. CBRE’s Geoffrey Turbow represented the seller,…
National Real Estate Advisors Opens Office-to-Residential Conversion Project in D.C.
WASHINGTON, D.C. — National Real Estate Advisors has opened Aviator House, an office-to-residential adaptive reuse development located in the Dupont Circle neighborhood of Washington, D.C. The former Air Line Pilots A…
Commercial real estate lobby warns Healey against £1bn London office tax
Limited Fort Lauderdale Office Deliveries Tighten Market
Marcus & Millichap (NYSE: MMI) published its fourth quarter 2026 Fort Lauderdale Office Market Report . Deliveries are down, vacancy rates are falling, and rents are up, all good signs for Fort Lauderdale office inves…
Walker & Dunlop Arranges $216M Loan for Refinancing of Manhattan Office, Retail Building
NEW YORK CITY — Walker & Dunlop has arranged a $216 million bridge loan for the refinancing of 568 Broadway, a 390,745-square-foot office and retail building in Manhattan’s SoHo neighborhood. The 12-story building’s r…
Netflix Studios Extends Nearly 10K-SF Lease at 817 Broadway
A major streaming platform has renewed its office space just south of Manhattan’s Union Square , Commercial Observer has learned. Netflix Studios extended its lease spanning 9,943 square feet at Taconic Partners ’ 817…