Meridian Group JV Pays $67M for DC-Area Office Portfolio
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 August 2026: $16.9B across 67 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
Sunday Summary: It’s a Forever 9 to 5 World
While she might have been best known as the great country troubadour of love , betrayal , heartbreak and her coat of many colors , did any singer offer a better anthem of the office grind than Dolly Parton in her immo…
BFSI firms drive India’s GCC office leasing as demand shifts beyond tech
Foreign BFSI firms drive GCC office leasing to record 7.32 mn sq ft: Report
Flexible workspace operators account for nearly 20% of office leasing in H1 2026
News | Texas Roadhouse expands Kentucky campus with purchase of iconic office tower
CBRE Arranges $11M Refinancing for Minnesota Office Property
CBRE has arranged $11 million in refinancing for Grandview Square, a 98,561-square-foot office property in Edina, Minnesota. Billy Mork, Joel Torborg and Mike Vannelli of CBRE Capital Markets’ Debt and Structured Fina…