Diana Sabau
Senior Content Writer, CRE News & Market Analysis
Drawing on years of intense research in the U.S. commercial real estate market at Yardi Matrix, Diana now applies her expertise as a writer for the CommercialCafe blog. Her articles focus on CRE investment, labor market trends, and technology, and have been picked up by prestigious publications including the New York Times, GlobeSt, The Real Deal, NAIOP, MSN, and Bisnow.
CIRE Acquires Van Nuys Industrial Campus in $116 Million Deal
CIRE Equity — a San Diego-based private equity firm — has completed a significant $116 million acquisition of two adjacent industrial buildings in Los Angeles’ Van Nuys neighborhood. This deal, which stands as one of the largest in the company’s history, involved assembling a 19-acre portfolio located at 16200 Roscoe Blvd. and 8201-8221 Woodley Ave.
Office Pipeline 2026: Strategic Agility Amid Construction Reset
Agility has become the defining strategy in the current office landscape. That’s because developers who can pivot quickly are better-positioned to mitigate losses and adapt to shifting demand. This trend is evident not only in the ongoing contraction of construction volumes across major U.S. markets, but also in the strategic pausing of high-profile projects.
Azora Private Buys Distressed Office Building in Miami’s Coconut Grove
Torose Equities and Sabal Investment Holdings secured a $28 million profit on the five-story building at 3480 Main Highway in Miami’s Coconut Grove, just one year after acquiring it out of distress.
Carr Bethesda Office Reaches Full Occupancy Following Geico Expansion
Carr Properties has successfully reached 100% occupancy at The Wilson, its landmark 348,000-square-foot office space in Bethesda, Md., located at 7272 Wisconsin Avenue. This milestone was finalized following an expansion agreement with insurance giant Geico, which added 21,000 square feet to its existing footprint.
Paramount Signs Lease at Recently Completed Film Studio in Manhattan, N.Y.
Paramount Television Studios has leased 70,000 square feet at the facility to film the second season of “Dexter: Resurrection” for the Paramount+ streaming service. The Gensler-designed project features six soundstages and production support areas alongside specialized office space in Manhattan.
Shvo Secures New Tenant for San Francisco Office in Record-Breaking Lease Deal
The Transamerica Pyramid in San Francisco has reportedly secured a record-breaking rental rate for the West Coast. While many local landlords continue to navigate high vacancy rates, this recently revitalized, 48-story office tower has attracted a tenant paying more than $300 per square foot.
Breakthrough Properties Secures CMBS Loan for Torrey Heights Development
Breakthrough Properties — a joint venture specializing in life sciences assets that was established in 2019 by Tishman Speyer and Bellco Capital — has successfully finalized a $465 million refinancing package for its premier Torrey Heights development.
Stiles & Shorenstein Nail Down $185 Million Refi for Fort Lauderdale Office Tower
A joint venture between Stiles and Shorenstein Investment Advisors has successfully obtained $185 million in financing for The Main — a 25-story, premier office space in Fort Lauderdale, Fla. Provided by the Japanese financial services firm Nomura, the senior floating-rate loan was brokered by a JLL capital markets team consisting of Paul Stasaitis, Geoff Goldstein and Blake Koletic.
ING Group Renews & Expands Lease at Durst-Owned Office Tower
ING Group — the Amsterdam-based global banking and financial services firm — not only renewed its existing, 132,400-square-foot office, but also tacked on an additional 21,515 square feet. This move brings the company’s total footprint at the Manhattan office tower to 153,915 square feet, encompassing the seventh through 11th floors.
Apple Grows Midtown Footprint in 95,000-Square-Foot Lease Deal
Apple is significantly expanding its presence in the Penn District, signaling a major commitment to Midtown. The tech giant is adding 95,000 square feet across two additional floors of Vornado Realty Trust’s Penn 11, bringing its total occupancy within this premium Manhattan office space to 550,000 square feet.
