Office Building Financing

Office property financing serves Class A through C buildings, from single-tenant headquarters to multi-tenant towers. While the office sector has faced headwinds from remote work trends, well-located assets with strong tenancy continue to attract competitive financing from banks, life insurance companies, and CMBS lenders.

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Office Building Financing

Office financing underwriting focuses heavily on tenant quality, lease rollover risk, and market fundamentals. Properties with long-term leases to creditworthy tenants and located in strong submarkets with low vacancy continue to access favorable terms. CLS CRE helps office investors navigate the current lending landscape to secure optimal financing, whether for stabilized holdings, value-add repositioning, or owner-occupied acquisitions.

Office Subtypes

  • Class A Trophy Office
  • Class B Value-Add Office
  • Creative / Flex Office
  • Medical & Dental Office
  • Co-Working & Shared Space
  • Owner-Occupied Office
  • Government & GSA-Leased
  • Suburban Office Campus

Financing Options

  • Bank Permanent Loans
  • Life Insurance Company Loans
  • CMBS
  • Bridge Loans
  • SBA 504 / 7(a) (Owner-Occupied)
  • Construction

Office Transactions

A selection of office deals we have closed nationwide.

Office Building - New York, NY
Construction
$65,000,000
Office Building
New York, NY
Construction financing for a Class A office development in Long Island City, Queens, catering to tech and media tenants seeking modern amenity-rich space with Manhattan skyline views and excellent transit access.
Office Building - Washington, DC
Bridge
$42,000,000
Office Building
Washington, DC
Bridge financing for a Class A office repositioning in Washington DC’s East End submarket, targeting government contractors and lobbying firms with a full-building modernization near the Capitol Hill corridor.
Office Building - Pittsburgh, PA
Permanent
$23,000,000
Office Building
Pittsburgh, PA
Permanent financing for a tech-oriented office building in Pittsburgh’s Oakland Innovation District, anchored by tenants tied to Carnegie Mellon University’s robotics and AI research ecosystem.
Life Sciences R&D - Boston, MA
Permanent
$22,500,000
Life Sciences R&D
Boston, MA
Permanent financing for a Class A life sciences and R&D facility in the Greater Boston market, one of the nation's most competitive lab and biotech corridors along Route 128.
Office - Los Angeles, CA
Permanent
$19,500,000
Office
Los Angeles, CA
Class A office building refinancing in a premier Los Angeles submarket with strong institutional tenancy.
Office Building - Miami, FL
Permanent
$19,500,000
Office Building
Miami, FL
Permanent financing for a Class A office building in the Coral Gables business district, benefiting from Miami’s emergence as a major financial services and tech hub with record-low vacancy rates.

Financing Programs

Office properties qualify for a variety of commercial loan programs. Explore your options.

Related Insights

Office Financing FAQ

Yes. While office lending has tightened since the pandemic, well-located office properties with strong tenancy, long-term leases, and low vacancy continue to attract financing from banks, life companies, and CMBS lenders. The key is demonstrating stable cash flow and tenant quality.
Office building loan rates range from 5.75% to 8.50% for permanent financing, depending on property quality, tenancy, and market. Class A office in strong submarkets commands better terms than Class B/C in weaker markets.
Key challenges include remote work uncertainty, higher vacancy rates in many markets, tenant downsizing trends, and increased lender scrutiny of lease rollover risk. Properties with long-term leases to creditworthy tenants in strong submarkets remain financeable.
Yes. SBA 504 and 7(a) loans are excellent options for businesses purchasing their own office space. With up to 90% financing and below-market rates, SBA programs are ideal for professional service firms, medical practices, and other owner-occupiers.
Medical office is underwritten more favorably than general office due to higher tenant stickiness (practices invest heavily in buildout), longer lease terms, and recession-resistant demand. Lenders may offer higher LTV and lower rates for medical office compared to general office.

Finance Your Office Property

Contact CLS CRE for a free, no-obligation quote on office financing. We respond within 24 hours.

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Or call us: 310.758.4042

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