Episode Details

A massive 100K+ sq ft office building on North Carpenter Street, completed in 2020 and now hitting the market with big brokers, is up for grabs after a $43M loan matured — with the original lender reportedly helping push it. Mostly leased at 78% occupancy, it’s home to a logistics software giant (who subleased to an AI firm) and a failed jazz club. Nearby competition looms: a rival office tower across the street is losing tenants, while a major tech firm may relocate downtown. The developer, who recently faced foreclosure on another office property, has rebounded with a successful luxury residential project after years of delays.

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