Office

Office real estate news and analysis covering the trends, strategies, and challenges redefining workplaces, from trophy towers to adaptive reuse and flexible office spaces. With insights on leasing activity, capital flows, and market dynamics, Commercial Observer is the definitive resource for CRE professionals navigating the evolving office landscape.

Charles Cohen and 3 East 54th Street.
Finance  ·  Distress
New York City

Cohen Brothers Facing Foreclosure at 3 East 54th Street Amid High Debt

By Isabelle Durso
The CMBS market is improving in 2024, despite more distress in office.
Capital Markets  ·  Finance
National

CMBS Issuance Hits 2021 Highs, Even If Office Health Remains Precarious

By Brian Pascus
Adam Spies and 511 West 25th Street.
Investments & Sales
New York City

Robert Moser’s Prime Group Buys Chelsea Ironworks at $98M Discount

By Isabelle Durso
A view of Rome that includes older and newer buildings.
Columnists
New York City

To Improve New York City, Build As the Romans Do

By Richard Olcott
Anna Squires Levine
Players
New York City

Industrious Promotes Anna Squires Levine to President

By Isabelle Durso
Ross Mezzo, president Global Advisory, and 9 Times Square.
Investments & Sales
New York City

Office Building at 9 Times Square Sells for $98M Less Than 2014 Price

By Isabelle Durso
Roy Lapidus of GFP Real Estate and 40 Worth Street.
Leases  ·  Office Leases
New York City

Tribeca’s 40 Worth Street Hits Max Occupancy After 15K-SF Worth of Leases

By Amanda Schiavo
Robin Carnahan, administrator of the General Services Administration, and the GSA headquarters.
Investments & Sales
Maryland

GSA to Unload 337K-SF Office Near University of Maryland

By Nick Trombola
Irvine Company Chairman Donald Bren and the MacArthur Court office complex.
Development  ·  Conversion
California

Irvine Company Plans to Convert Newport Beach Offices Into 700 Apartments

By Nick Trombola
People working at their desks in an exterior night view of an office building.
Finance  ·  Investments & Sales
National

National Office Vacancy Hits 19%, Sales Decline by 39M SF: Report

By Brian Pascus
City of Hope President Annette Walker and the City of Hope Orange County Lennar Foundation Cancer Center.
Investments & Sales  ·  Development Site Sale
California

City of Hope Buys 52 Acres in Orange County for $89M

By Nick Trombola
Jason Alderman, senior managing director at Hines, and 160 Varick Street.
Leases  ·  Office Leases
New York City

Marketing Firm Red Antler Moving to 10K SF at Hudson Square’s 160 Varick Street

By Isabelle Durso
Jonathan Landau, CEO of Landau Properties, and a rendering of One Kane Concourse, Miami.
Finance  ·  Construction
Florida

Landau Secures $74M to Build Luxe Boutique Office Near Bal Harbour Shops in Florida

By Julia Echikson
Flagstar Financial CEO Joseph Otting and 220 Fifth Avenue.
Finance  ·  Loan Sale
New York City

Flagstar Bank Unloading $343M of Struggling NYC Loans

By Andrew Coen
Charles Bendit, co-CEO of Taconic Partners, and 202 Broome Street.
Investments & Sales
New York City

Office Condos of Two Essex Crossing Buildings Sell for $222M

By Mark Hallum
Joe Simone, president Simone Development, and 170 East 77th Street.
Leases  ·  Office Leases
New York City

Northwell Health Renews 6K-SF Lab at Simone’s 170 East 77th Street

By Isabelle Durso
Justin Elghanayan, president of Rockrose, and Lincoln Square at 555 11th Street NW, Washington, D.C.
Finance  ·  CMBS
Washington DC

Rockrose Development Lands 4-Year Extension on $227M D.C. Office Loan

By Nick Trombola