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.

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…

Music Industry Giant Seizes Full Floor of Manhattan Creative Office Tower

  RZO Productions, one of the music industry’s most well-known management firms, is going to relocate its offices within the former Fisk Building, in New York City’s Theater District….

Cornell University Takes Over Manhattan Art Deco Office Tower

  The prestigious Cornell University is poised to become the largest tenant at 570 Lexington Avenue in Manhattan, a historic Art Deco office tower known as the General…

JPMorgan Chase to Build Bigger, Better Midtown Manhattan HQ

  JPMorgan Chase is the first company to profit from New York City’s recently adopted Midtown East rezoning plan. The global financial services firm, together with NYC Mayor…

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20+ Reasons Not to Buy a $91M Sky-High Manhattan Condo

  The “14th Annual Curbed Awards” kicked off this year with a list of the most expensive homes sold in New York in 2017.  Manhattan’s new slender skyline…

Denver Multi-Tenant Office Building Switches Owners

  Orchard Pointe, a multi-tenant office building part of the Denver Technology Center (DTC), was recently bought by a joint venture between commercial real estate investment firm Cress…

Google Invests Another $600M in Oklahoma Data Center

  Google is going to invest an additional $600 million to expand its campus at the Mid-America Industrial Park, near Pryor, Oklahoma. The facility, which employs over 400…