CRE-sources’ Top 5 Most Popular Stories This Week
Read on for the most popular news headlines this past week on CRE-sources.
Read on for the most popular news headlines this past week on CRE-sources.
Colliers’ Jake Freeman, Kevin Gonzalez, and Maggie Guajardo Kurtz oversee office and retail leasing activity for both projects.
The deal was facilitated by Tony Arellano and Devlin Marinoff of DWNTWN Realty Advisors.
The seller originally acquired the property in 2017 for $12.2 million.
The Main was fully leased within two years of delivery and remains 100% occupied today with a high-quality tenant roster of national financial institutions, leading law firms and corporate headquarters.
The two properties sold for more than $400 and $800 per square foot.
Renewing the lease would have resulted in rent increasing by roughly three times the firm’s prior rate.
Read on for the most popular news headlines this past week on CRE-sources.
DWS Group initially brought the property to market in July 2025, seeking approximately $125 million. The complex last sold in 2015 for $118.55 million.
Previously, the space served as the headquarters for Parbel, a fragrance and cosmetics subsidiary of L’Oréal. The current lease runs through August 2027.
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