10Y UST5.10%-1.73%30Y MTG7.40%SOFR3.89%+0.26%VNQ$91.76+0.35%XLRE$42.16+0.40%FED FUNDS3.88%
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Institutional Press Wire
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Office

The most disrupted CRE sector of the decade. Trophy outperforms, commodity underperforms, and the basis at which capital re-enters Class B will define the next cycle.

State of the Market

Office at a glance

Updated continuously
Tracked items
04
Most active: New York
10Y UST▼ −1.73%
0.00%
30Y MTG—
0.00%
SOFR▲ +0.26%
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Analyst’s read

The office sector continues to navigate a complex landscape shaped by evolving work patterns and shifting tenant demands. While some markets exhibit resilience, others face challenges related to vacancy rates and tenant retention, prompting a reevaluation of space utilization strategies. Lenders remain cautious, with a selective approach to financing, reflecting broader economic uncertainties and the need for adaptive reuse of existing assets. Allocators are increasingly discerning, favoring opportunities that align with long-term trends in hybrid work and sustainability, while remaining vigilant about potential risks in the broader economic environment.

Most active markets
  • New York9
  • San Francisco6
  • Washington3
  • Chicago2
  • Seattle1
  • Denver1
Coverage velocity

Items added to the wire per week · last 12 weeks

Latest activity

News Wire — Office

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Connect CRE · San Francisco · Office

TMG, KKR Acquire San Jose’s Skyport Plaza from Hudson Pacific

TMG Partners has acquired Skyport Plaza, a 435,000-square-foot office and retail complex located at 1650 Technology Dr., 1700 Technology Dr., 50 Skyport Dr. and 90 Skyport Dr. in San Jose. TMG Partners acquired the as…

Oct 16
Connect CRE · Office

Ross Stores Leases 115K SF for West Coast Merchandising Hub

Ross Stores, Inc. has signed an approximately 115,000-square-foot office lease at ROW DTLA, relocating from Downtown’s CBD. The lease will encompass approximately 110,000 square feet of creative office and 5,000 squar…

Oct 16
Connect CRE · 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,…

Oct 16
Connect CRE · Office

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…

Oct 16
Commercial Observer · New York · Office

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…

Oct 16
Connect CRE · New York · Office

SoHo Office and Retail Property Refinanced Through ACORE Capital

Walker & Dunlop, Inc. has arranged $216 million in bridge financing to refinance 568 Broadway, a mixed-use trophy asset located in Manhattan’s SoHo neighborhood. The Walker & Dunlop Capital Markets Institutional Advis…

Oct 15
Commercial Observer · Office

BridgeCity Lends $84M on Midtown East Office-to-Resi Conversion

CSC Real Estate has landed $83.5 million of acquisition and construction financing to reposition a Midtown East office property into luxury apartments, Commercial Observer has learned. BridgeCity Capital provided the…

Oct 15
Connect CRE · Office

CBRE: Hybrid Work Can Mean Hidden Risks for Office Incentives

Hybrid work might be a good strategy for some companies. It keeps employees happy, which can lead to better retention rates. However, a recent CBRE report said that the rapid adoption of the hybrid work model also mea…

Oct 15
Connect CRE · Dallas · Office

Texas People & Companies, October 16, 2026

Chris Grabinski has joined Stockdale Capital Partners as Vice President of Acquisitions, Healthcare. Based in Stockdale’s Dallas office, Grabinski will focus on sourcing, underwriting, and executing healthcare real es…

Oct 15

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ACQUISITION · Minneapolis · Office

Laurus Corporation Acquires Woodlake Centre in Minneapolis, MN

Laurus Corporation announced its first acquisition in the Minneapolis area with the 190,000 sq ft Woodlake Centre, a high profile destination for medical and professional services in Richfield.

Source: PR Newswire|Feb 13, 2014|Laurus Corporation