Office CRE Wire — June 23, 2026
9 Office stories on the commercial real estate wire for June 23, 2026, spanning San Francisco. Each links to its original source.
Lee & Associates Negotiates Sale of 70K-SF Oak Brook Office Property
Lee & Associates has negotiated the sale of the 70,497-square-foot commercial office property at 915 Harger Road, located in the heart of Oak Brook’s business corridor. Tony Russo, Executive Vice President at Lee & As…
Heitman seizes downtown Oakland office building from KKR, TMG
CMBS Distress Rate Jumps to 11.86% in May as Office Pain Deepens and April Dip Evaporates
A one-month improvement in April proved fleeting as CRED iQ’s combined CMBS distress rate snapped back to 11.86 percent in May 2026, with special servicing, delinquency and office stress all climbing in tandem and res…
AH Realty Trust CEO Highlights Shift to Open-Air Retail, Mixed-Use Office
Image CEO Shawn Tibbetts describes how progress has been made “from top to bottom.”
Pennymac to close Tennessee office, lay off staff
Pennymac will close its office in Franklin, Tennessee, and lay off staff within its consumer direct lending operations, citing challenging macroeconomic conditions, the company confirmed on Monday. “Given the current…
Veris Completes Transformative Journey in Top-Tier Multifamily Sector
A multi-year overhaul transformed the REIT from a suburban office landlord into a focused, resilient multifamily operator.