Commercial Real Estate News
Your go-to source for news in the commercial real estate industry, covering all property types and asset classes across the most sought-after markets in the U.S. Stay up to date with news about notable lease deals and the newest sale transactions, recent ground-up construction, as well as redevelopment projects, and more.
Q1 Chicago Commercial Report: Office Sales Volume Rises 41% Y-o-Y, Industrial Prices Close Best Q1 in 5 Years
Executive Summary Q1 Office Overview Office sales volume rises 41% y-o-y to $1.3B Average prices close Q1 2018 at $218 per square foot Sterling Bay shells out $510M…
Media iQ Digital Triples Manhattan Office Presence
Media iQ Digital, a global analytics and technology company, is tripling its office footprint in Manhattan. The independently funded organization has decided to leave its headquarters in…
Here Are the 50+ Most Pet-Friendly Coworking Spaces in the US
The traditional workplace, career trajectory and employees’ overall attitude towards work have changed dramatically over the past years, and we have Millennials to thank for that. We can…
White Plains Office Landmark Revamped as Mixed-Use Gem
The Westchester Financial Center, a renowned office complex in White Plains, N.Y., is set to undergo an extensive makeover, following its acquisition by Ginsburg Development Cos. (GDC)….
California Q1 2018 Office Sales: Smaller Markets Pick Up the Slack for LA, San Francisco
Executive Summary Q1 Overview: Sacramento posts highest growth in dollar volume, average prices Los Angeles on cooldown after hot Q4 2017 Bay Area office sales drop below $1B after…
10+ Productivity Inducing Coworking Spaces in Columbus
Major cities such as New York, Los Angeles, Chicago or Miami may be bursting with opportunities, but they are also expensive places to live in. Fortunately, there…
Downtown Baltimore Office Tower Gets New Owner
Wells Fargo Tower, an iconic commercial high-rise in the central business district of Baltimore, Md., has found a new owner in Hertz Investment Group. To finance the…
Manhattan Office Sales Volume Holds Steady in Q1, Even With No Foreign Buyers
Executive Summary Office sales volume closes Q1 2018 at $4.5B Average prices reach 4-year high of $1,266 per square foot Google buys Chelsea Market in record-setting $2.4B deal…
Pfizer To Relocate Global HQ to New Hudson Yards Office Gem
After almost 60 years of residing at 235 East 42nd St., Pfizer is ready to move on. The leading pharmaceutical company is going to leave its global…
Hines Tops Out Tallest Multi-Tenant Office Building in Chandler
Hines, a privately-held real estate firm, has placed the last concrete beam atop The Offices at Chandler Viridian. Upon completion, scheduled for November 2018—per Yardi Matrix data—the…
