property type: Office

Rithm Capital Corp., which last year acquired Paramount Group, giving it ownership of Manhattan's 1301 Ave. of the Americas, has brought on DRA Advisors as an equity partner in the 1.75 million-square-foot office building. Rithm's Paramount unit, which it has ...

Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev. The Las Vegas developer expects that the project will cost ...

New York Business Journal Morgan, Lewis & Bockius has leased 205,000 square feet of office space at 1251 Avenue of the Americas in Midtown Manhattan. The Philadelphia law firm is relocating from 101 Park Ave., also in Manhattan, where it ...

Houston Business Journal Interra Capital Group has bought Park Towers, a 552,250-square-foot office complex in Houston's Uptown area. The local private equity firm acquired the property from Regent Properties, which had owned it since 2019. JLL brokered the latest deal. ...

The modification of the $425 million mortgage against the 1.19 million-square-foot JACX office complex atop the Queens Plaza commuter hub in Queens, N.Y., has been completed, with its term extended by at least three years to September 2029.

Underwriters led by JPMorgan Securities are preparing to launch a massive single-borrower CMBS transaction that would allow for the refinancing of a $1.77 billion debt package against the 1.78 million-square-foot office building at 245 Park Ave. in Midtown Manhattan.

Washington Business Journal Bozzuto Group has leased nearly 60,000 square feet of office space at 8160 Maple Lawn Blvd. in Fulton, Md., for its new corporate headquarters. The Greenbelt, Md., developer will occupy more than two floors at the 100,000-sf ...

Denver Business Journal Pauls Corp. has paid $57.25 million, or $170.43/sf, for Regency Plaza, a 335,908-square-foot office property in Denver. The local investor, which had previously owned the property in the 1990s, acquired it from Granite Properties, which bought it ...