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.
Vacasa to Move Corporate HQ to Portland’s The Heartline
Vacasa, a leading vacation rental management company, is going to move its corporate headquarters to The Heartline, a mixed-use development currently under construction in Portland’s historic Pearl…
Arch Street Capital Snags Phoenix-Area Tech Center
The El Dorado Tech Center in Gilbert, Ariz., an office building 100% leased to GoDaddy.com, has a new owner. Arch Street Capital Advisors, a real estate investment advisory…
Chicago RE Firm Snatches San Diego Medical Asset
Excel Centre, a medical office building in San Diego, Calif., has recently been acquired by a Chicago-based real estate firm. MBRE Healthcare bought the 82,157-square-foot property from…
Third-Tallest Orange County High-Rise Sells for $147M
City Tower, the third-tallest office building in Orange County, Calif., has recently found a new owner. The 20-story high-rise was acquired by KBS Capital Advisors from Torchlight…
The Story of US CRE Gaining High Status—Best-Selling Properties of the Past 20 Years
Institutional investment portfolios did not include commercial real estate before 1980, but now a $2 billion commercial property price tag no longer stands out the way it used to.
Century-Old Durham Office Gem Gets New Owner
The historic Trust Building in the heart of downtown Durham, N.C., has changed its owner. Akridge, a real estate services company that has only recently entered the…
LA Trophy Office Building Changes Hands for $196M
Wedbush Center, a 21-story trophy office building located at 1000 Wilshire Blvd. in the heart of downtown Los Angeles, has a new owner. Cerberus Real Estate Capital…
Workspace Survey: Office Workers Pick Privacy as Most Craved Perk
What is the most highly desired workplace perk for U.S. employees? We surveyed full-time employees to find out what they feel is the best perk for a quality work environment.
Howard Hughes Breaks Ground on Las Vegas Ballpark Stadium
The Howard Hughes Corp. has started construction on the new Las Vegas Ballpark, the future home of the Las Vegas 51s, a Triple-A affiliate of the New…
Santa Clarita Suburban Office Campus Sells in All-Cash Deal
The Commons at Valencia Gateway, one of the newest office projects in the Santa Clarita submarket, was recently purchased in an all-cash deal by a joint venture…
