Office News
Commercial Real Estate News
Berkadia Arranges $118.6M Construction Loan for Gatsby Florida's The Palm in Palm Beach Gardens
Newmark Arranges $27.25 Million Sale of Rivian-Leased R&D Facility in El Segundo to Majestic Realty Co.
Newmark Arranges Sale and Financing of 346,335-SF Class A Office at 100 Bayview in Newport Beach
Trademark and Harrison Street Form Joint Venture for 40-Acre Shivers Farm Mixed-Use Development in Southlake
General Atlantic Signs 150,000-Square-Foot Anchor Lease at Related Companies' 625 Madison Avenue
CBRE Arranges $147.5 Million Refinancing for Fully Leased Class A Office Building in Mountain View

MCB Real Estate Secures $420 Million TIF Authorization to Launch $2.7 Billion VIVA White Oak Development in Silver Spring
Montgomery County Executive Marc Elrich signed legislation on August 28, 2026, authorizing up to $420 million in Tax Increment Financing bonds for MCB Real Estate's VIVA White Oak development in Silver Spring, Maryland. The 280-acre, $2.7 billion mixed-use project will span up to 12.1 million square feet and marks the county's first-ever TIF district.

Aegon Selects 125 West 57th Street for U.S. Headquarters in 20,600-SF Plaza District Lease
Aegon Ltd. has signed a 20,600-square-foot lease across two full floors at 125 West 57th Street in Manhattan's Plaza District, selecting the newly delivered Class A tower as its future international headquarters. The deal follows a $321 million refinancing of the 30-story building provided by JPMorgan Chase and Hudson Bay Capital.

Montclif and FCP Acquire Hamilton Square in Downtown Washington, D.C. for $126 Million
Montclif and FCP have acquired Hamilton Square, a nine-story, 278,000-square-foot Class-A mixed-use office property in downtown Washington, D.C., for $126 million. The deal, financed with an $84.6 million loan from an affiliate of Apollo Global Management, marks Montclif's first joint venture since its April 2026 launch.

Arada and Syrian Sovereign Fund Form $7 Billion JV to Develop Mixed-Use Megaproject in New Damascus
UAE-based master developer Arada has entered Syria through a joint venture with the Syrian Sovereign Fund to develop a $7 billion mixed-use megaproject spanning four million square meters west of Damascus. The project, known as New Damascus, will deliver 11,000 homes alongside hospitality, healthcare, education, and commercial facilities.
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Millennium Partners Secures $281 Million PACE Financing for Winthrop Center in Downtown Boston
Millennium Partners has secured $281 million in Commercial Property Assessed Clean Energy financing for the Millennium Residences at Winthrop Center in downtown Boston, marking the largest commercial PACE transaction ever completed in New England. Nuveen Green Capital provided the capital under the PACE Massachusetts program administered by MassDevelopment.

HRSS CPAs Signs 19,569-Square-Foot Full-Floor Lease at Houston's Millennium Tower, Represented by Stream Realty Partners
Houston-based accounting firm HRSS CPAs has signed a long-term, full-floor lease for approximately 19,569 square feet at Millennium Tower in Houston's Westchase Business District. Stream Realty Partners represented the tenant, while Cushman & Wakefield represented landlord Millennium Tower LLC.

The Meridian Group and Harrison Street Acquire 431,000-SF Office Portfolio in Chantilly's National Security Corridor
The Meridian Group and Harrison Street Asset Management, in partnership with HLM Associates, have acquired the Stoneleigh and Newbrook campuses, a five-building, 431,000-square-foot office portfolio in Chantilly, Virginia. The joint venture plans to invest additional capital to expand secure-facility capabilities and modernize infrastructure serving the defense and intelligence communities.

JLL Closes $856M Financing for Winthrop Center, Including Record $281M C-PACE Loan from Nuveen Green Capital
JLL's Capital Markets group has arranged $856 million in total financing for Winthrop Center, Millennium Partners' mixed-use tower in downtown Boston, pairing a $281 million C-PACE residential loan from Nuveen Green Capital with a $575 million securitized office loan from Morgan Stanley and Barclays. The transaction, announced Aug. 26, marks the largest C-PACE-financed deal in New England.

Trammell Crow Company Delivers 181,000-Square-Foot Sprouts Farmers Market Campus in Phoenix
Trammell Crow Company has completed a 181,000-square-foot mixed-use development in Phoenix that serves as Sprouts Farmers Market's new corporate headquarters, flagship grocery store, and retail space. The project, located within the CityNorth development near 56th Street and Loop 101, was delivered in August 2026.

Southern Land Company Closes $165.9 Million Bank OZK Construction Loan for Houston's 2811 Kirby Mixed-Use Tower
Southern Land Company has closed a $165.9 million senior construction loan from Bank OZK for 2811 Kirby, a nearly 953,000-square-foot mixed-use development in Houston's Upper Kirby neighborhood. The project marks the Nashville-based developer's first Houston development and includes a 38-story luxury residential tower and a 10-story Class AA office building.

Canyon Creek Acquires One Eleven Congress for $208 Million in Downtown Austin Office Deal
Canyon Creek Real Estate has acquired One Eleven Congress, a 30-story Class A office tower at 111 Congress Avenue in Downtown Austin, for approximately $208 million. The Fort Worth-based firm purchased the 519,653-square-foot asset from Cousins Properties, with plans to invest in the property's interior, exterior, and ground-floor food hall.