Deals
Focusing on commercial property transactions? Stay up to date with the latest investment sales and lease agreements across all major commercial property types: Both traditional and flexible office space properties, retail spaces, industrial real estate, life sciences, data centers, and more.
Solow Building Sets New Record for Manhattan Office Rent
The iconic Midtown Manhattan office building on Billionaire’s Row reached a historic high in average rent, marking a likely record for the New York City office market.
Law Firm Signs 29,000-Square-Foot Deal to Move Operations to Arts District Office
Global law firm Goodwin has announced a relocation to LA’s Arts District. This move from a traditional high-rise workspace to a low-rise, industrial-style environment highlights evolving preferences for office space in Los Angeles.
Sage Expands HQ Office Space in Atlanta
TSage expanded its Atlanta office lease by 32,000 square feet, adding another floor to its footprint in the Ponce City Market building and bringing occupancy up to 100% at 619 Ponce.
Point72 Inks Lease at Tishman Speyer’s Hudson Yards Office
Point72 has secured 59,746 square feet of office space in Manhattan, N.Y., within Tishman Speyer’s 66-story tower located at 66 Hudson Blvd. This expansion covers the entire 31st floor and a portion of the 21st floor. While the duration of the agreement was not disclosed, the starting rent was reported at $130 per square foot. Although the deal was finalized in December, it was previously unreported until now.
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.
Stockbridge Locks In Tech Tenant for Final Parcels at Bay Meadows in San Mateo, Calif.
In addition to premium San Mateo office space, the Bay Meadows development includes nearly 1,000 homes, 18 acres of park space, a private high school, and more than 40,000 square feet of retail.
Prominent Seattle Law Firm Inks Office Lease at West8
The prominent local law firm has signed a lease for 52,000 square feet of premium Seattle office space at West8, previously known as The Amazon Tower, located in the Denny Triangle submarket of Seattle.
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 ExpansionÂ
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.
Brookfield Sells Chicago Loop Office Building at Significant Markdown
Brookfield sold the Chicago office building it previously acquired from Extell in 2018. Notably, the most recent transaction of the property asked for a significantly lower price than the previous time the building changed hands.
