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.
Office at a glance
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.
- San Francisco6
- Boston3
- Chicago2
- Denver1
- New York1
- Charlotte1
Items added to the wire per week · last 12 weeks
- News | General Atlantic pursues anchor lease at Related’s 625 Madison office towerCoStar · Jul 17
- Largely Vacant Santa Monica Offices Get New Life as School Campus
Colliers arranged the all-cash sale of Ocean Park Plaza, a two-story, 100,700-square-foot office and medical building at 2701 Ocean Park Blvd. in Santa Monica. The buyer, an undisclosed co-educational school, plans to…
Connect CRE · Jul 17 - Shorenstein Acquires 550 Allerton, 77,000 SQFT Redwood City Office, for $78MM
Shorenstein has purchased 550 Allerton, a six-story Class A office building anchored by law firm Gunderson Dettmer, betting on one of the Peninsula’s tightest and best-performing office submarkets as Bay Area demand r…
The Registry · Jul 17 - How One Office Tower Was Reimagined as a Downtown DestinationUrban Land Magazine · Jul 17
- UCHealth Acquires Two Greenwood Village Office Buildings
UCHealth purchased Greewood Plaza, a two-building office pair at 6550 and 6560 Greenwood Plaza Blvd., in Greenwood Village. The Denver Business Journal reports the healthcare company paid $19.3 million for the propert…
Connect CRE · Jul 17 - Hudson Bay Capital Supplies $60M Refi for Redeveloped N.J. Office Campus
A joint venture between Somerset Development and HIG Capital has sealed a $60 million loan to refinance a repurposed New Jersey mixed-use office campus that will soon be home to sandwich chain Jersey’s Mike’s headquar…
Commercial Observer · Jul 17
News Wire — Office
Full wire →Largely Vacant Santa Monica Offices Get New Life as School Campus
Colliers arranged the all-cash sale of Ocean Park Plaza, a two-story, 100,700-square-foot office and medical building at 2701 Ocean Park Blvd. in Santa Monica. The buyer, an undisclosed co-educational school, plans to…
Shorenstein Acquires 550 Allerton, 77,000 SQFT Redwood City Office, for $78MM
Shorenstein has purchased 550 Allerton, a six-story Class A office building anchored by law firm Gunderson Dettmer, betting on one of the Peninsula’s tightest and best-performing office submarkets as Bay Area demand r…
How One Office Tower Was Reimagined as a Downtown Destination
UCHealth Acquires Two Greenwood Village Office Buildings
UCHealth purchased Greewood Plaza, a two-building office pair at 6550 and 6560 Greenwood Plaza Blvd., in Greenwood Village. The Denver Business Journal reports the healthcare company paid $19.3 million for the propert…
Hudson Bay Capital Supplies $60M Refi for Redeveloped N.J. Office Campus
A joint venture between Somerset Development and HIG Capital has sealed a $60 million loan to refinance a repurposed New Jersey mixed-use office campus that will soon be home to sandwich chain Jersey’s Mike’s headquar…
Turnbaugh Group Acquires 18,000 SQFT Downtown Martinez Office Building for $1.4MM
An out-of-the-spotlight county-seat purchase became the quarter’s clearest signal that price, not prestige, is drawing buyers deeper into the North I-680 Corridor’s office market. Turnbaugh Group has acquired 531-537…
Public Employees Union Acquires 25,000 SQFT Concord Office Building for $3.4MM
A labor union has purchased its own building in Concord, joining a wave of owner-users reshaping who buys office space in the East Bay. The Public Employees Union has acquired 2520 Stanwell Drive, a 24,602-square-foot…
Kolkata sees early gains as GCCs redraw office-leasing map
Swanson, Martin & Bell Inks 56,760 SF Office Lease in Chicago
CHICAGO — Swanson, Martin & Bell LLP has signed a long-term headquarters lease restructure and renewal at 330 N. Wabash Ave. in Chicago. The 52-story riverside office tower is the last building in the U.S. designed by…
Marcus & Millichap Brokers $5.8M Sale of Medical Office Property in Davison, Michigan
DAVISON, MICH. — Marcus & Millichap has brokered the $5.8 million sale of a 50,017-square-foot medical office property in Davison, a suburb of Flint. The two-suite office building is situated on 3.3 acres at 1515 Cal…
Caddell Construction Opens New Office in Columbus, Ohio
COLUMBUS, OHIO — Caddell Construction has opened a new corporate office in Columbus within Grandview Yard. Despite launching its first corporate office in the state, the company is not new to Ohio — its first job date…
Alejandro Cuadra Acquires 28,000 SQFT Concord Office Building for $4MM
A single owner-user buyer has claimed the largest office trade of the quarter in Concord, betting on long-term occupancy control in a submarket still wrestling with vacancy above 31 percent. Alejandro Cuadra has acqui…
This downtown Boston office tower sold for one-third less than it did 20 years ago
This downtown Boston office tower sold for one-third less than it was 20 years ago.
Synergy, Axonic Acquire 358,406-Square-Foot Office Tower at 265 Franklin St. in Downtown Boston
Bauen Capital Moves to Carve Two Downtown Sacramento Office Buildings Totaling 197,000 SQFT Into For-Sale Condominiums
Seven years after Bauen Capital bought a pair of derelict K Street landmarks on the thesis that California state agencies would fill them, the developer is asking Sacramento to let it sell the buildings off one floor…
Yoda PLC Secures 113,000 SQFT of Leasing at Transamerica Pyramid Center After $692MM San Francisco Acquisition
Four months after paying nearly $692 million for San Francisco's most recognizable tower, Cyprus-based Yoda PLC has signed more than 113,000 square feet of new office leasing at the Transamerica Pyramid Center and is…
U.S. office vacancy declines for second straight quarter
Contra Costa County-Anchored 45,000 SQFT Richmond Office Lists for $7.75MM
A two-story office building anchored by Contra Costa County’s government offices has hit the market in Richmond’s Hilltop submarket, offering investors a rare, nearly fully leased public-sector asset just as the surro…
Pune office leasing surges 54% QoQ in Q2 2026, fueled by GCC expansion: Report
U.S. office vacancy dips as recovery spreads to more markets
Bengaluru, Hyderabad lead GCC-led office leasing boom in first half of 2026: ANAROCK
Cushman & Wakefield : Cologne Office Leasing Market Loses Momentum in Q2 2026
GCCs account for 45% of office leasing in H1 2026 as India's Grade A office leasing hits 42.6 million sq. ft.: Anarock
SkyCity sells office tower, three other properties for $74.5 million
Live Shopping Marketplace Storefront Takes 5K SF at 555 West 25th Street
Storefront , a new e-commerce platform and live shopping marketplace for brands and independent sellers, has signed a 4,700-square-foot lease at Mactaggart Family & Partners ’ office building at 555 West 25th Street ,…
AI Firm Isara Laboratories Inks 6K-SF Lease at 515 West 20th Street
Isara Laboratories , an artificial intelligence startup platform, has taken 6,009 square feet at the boutique office building at 515 West 20th Street , Commercial Observer has learned. The company, which builds softwa…
Simpson, Cleary Drive NYC Office Leasing Comeback
Sherrill Administration Extends Mental Health Partnership to Bolster Support for New Jersey College Students
State of New Jersey's partnership with Uwill has delivered more than 114,000 teletherapy sessions for students across 45 institutions TRENTON, N.J., July 16, 2026 /PRNewswire/ -- The New Jersey Office of the Secretary…
JV of Synergy, Axonic Acquires Downtown Boston Office Tower
Locally based Synergy and New York-based Axonic Capital have acquired 265 Franklin St., a 21-story Class A office tower in Downtown Boston. The acquisition marks the first joint venture between the two firms. The sell…
Report: Downtown Portland office vacancy declines again in Q2
Cybersecurity Firm PKI Solutions Opens New Downtown Portland Office
PKI Solutions has relocated its corporate headquarters to downtown Portland, occupying a larger space at 1000 SW Broadway. The company cited gaining new customers and users, as well as expanding its team, as factors i…
Vintage East Loop office tower sold for conversion to apartments
India's Office Leasing Reaches Record 23.9 Mn Sq Ft in Q2 2026 as Rentals Rise: Vestian Report
Synergy buys another downtown office building at a steep discount
NYC Office Leasing, Development Rebounds In Q2, JLL Says
SARONIC TECHNOLOGIES' INVESTMENT MARKS A TRANSFORMATIONAL OPPORTUNITY FOR BROWNSVILLE'S ECONOMY AND WORKFORCE
As announced Thursday by the Governor's Office, Saronic Technologies has selected Brownsville for a planned $3.2 billion investment that will create 10,000 jobs and generate lasting economic benefits for the region. B…
Is the suburban Chicago office exodus ending? Vacancy rates edge lower
20-story Cambridge tower, struggling with empty office space, sells for $1
Archive — Office
Full archive →Laurus Corp. Taps Transwestern to Lease and Manage 36 S. Charles St.
Transwestern has been retained by Laurus Corp. to provide leasing and management services for the 318,684-square-foot 36 S. Charles St. office building in Baltimore's CBD.
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.