Newmark 180,000 square feet of new office leasing activity in Spring property
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 September 2026: $9.6B across 46 reported transactions. All Office coverage →
- 86 stories mentioning Newmark on the wire in the past 90 days. Newmark coverage →
Computed from Real Estate Trail’s own tracked coverage
External link. Real Estate Trail does not republish source content.
Related coverage — Office
King & Spalding Signs 52,826 SF Office Lease in Uptown Dallas
DALLAS — King & Spalding has signed a 52,826-square-foot office lease in Uptown Dallas. The Atlanta-based law firm is taking the entire 12th and 13th floors of 23Springs, a newly constructed, 26-story building. John I…
Investicore Acquires 14-Building Charlotte Office Complex
Investicore Holdings purchased a 14-building 568,811-square-foot Charlotte complex for $64 million. Ares was the seller. The Charlotte Business Journal reports the 42-acre park, called ThExchange, is 60% occupied. One…
Newmark Arranges Acquisition Financing for 1.7 MSF BRiC Office Campus in South Florida
BOCA RATON, FLA. — Newmark has arranged an undisclosed amount of acquisition financing for Boca Raton Innovation Campus (BRiC), a 1.7 million-square-foot office and research-and-development campus located at 5000 T-Re…
NoVa Office Portfolio Changes Hands
QSAC Signs 25,268 SF Office Lease in The Bronx
NEW YORK CITY — Quality Services for the Autism Community (QSAC) has signed a 25,268-square-foot office lease in The Bronx. The deal comprises 12,891 square feet of second-floor space and 12,377 square feet of outdoor…
CBRE Signs Three New Office Leases in Minneapolis Market
MINNEAPOLIS — CBRE has signed three new office leases in the Minneapolis-St. Paul market. The brokerage firm signed a 15,586-square-foot lease at Arcadia in Edina for its advisory employees. CBRE’s John Ferlita and Jo…