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.
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…
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…
Iconic Philly High-Rise Switches Owners
The PNC Bank Building, one of the landmarks of the Philadelphia central business district, has changed its owner. The iconic high-rise was sold by Equity Commonwealth to…
Historic Chicago Loop Landmark Gets Green Makeover
The historic Hartman Building in the heart of the Chicago Loop is gearing up for a total makeover. Walker & Dunlop has recently secured $44.7 million in…
Uber Takes First Step Towards Opening Second Manhattan Office
Uber Technologies Inc. has signed a long-term lease agreement with Empire State Realty Trust (ESRT), for an entire floor at 1400 Broadway in New York City. The…
Facebook Expands Midtown Manhattan Presence
As Valentine’s Day was drawing near, Facebook was busy solidifying its ties to 770 Broadway in New York City. The social networking giant has signed a new…
Nasdaq Moves Global HQ to Times Square’s Epicenter
Nasdaq Inc. has decided to relocate its global headquarters. The financial services giant will move, starting spring 2019, from downtown Manhattan to its Nasdaq MarketSite location at 4…
