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.
Ikea Buys SoHo Retail Building for 2nd Manhattan Store
IKEA parent company buys 529 Broadway, currently home to Nike’s flagship store, as its second high-impact investment in Manhattan retail space. Ingka will convert part of the retail property to office space and will operate the entire building.
Guggenheim Expands Footprint at Munich Re-Owned Office Tower
Guggenheim Partners has solidified its commitment to Midtown Manhattan’s central business district by renewing and significantly expanding its lease at 330 Madison Ave. The financial services firm is entering a new, 17-year renewal agreement that will see its total footprint increase from 240,000 square feet to a massive, 360,000 square feet of Manhattan office space.
Courier Health Joins Tenant Roster at 135 Madison Ave.
Software company Courier Health relocates to 135 Madison from its previous Manhattan office space at 115 E. 23rd St., with valuable backing from investors, in search of a larger home to accommodate current and future growth.
Industrial Rents Readjust Post-Supply Glut, Outdoor Storage Attracts Capital
Industrial outdoor storage (IOS) alongside other niche industrial types are growing on investors, while development continues to flatten across most markets and vacancies begin to stabilize.
SL Green Refinances Mortgage on Flatiron District Office Tower
SL Green, the largest owner of Manhattan office space, has completed a major refinancing deal for a 30-story tower in the Flatiron District alongside its joint venture partner, PGIM. The partnership has secured a $1.4 billion loan for 11 Madison Ave.
KKR Inks Office Lease in Boston at International Place
KKR’s new Boston office lease at Two International Place will enhance the firm’s capabilities across several key strategic areas, support its global operations, and accommodate future growth.
Top-Quality Assets Continue to Drive Leasing Activity, While Few Markets See Construction Starts
How did the largest office markets in the U.S. perform in August 2025? Read the highlights and deep dives on industry trends and insights in our full monthly U.S. office markets report.
Cambridge, Mass. Dominates Northeast Innovation Through Unrivaled STEM Talent, Business & Research Infrastructure
When an area displays a significant concentration of skilled professionals — particularly in fields like technology, science and engineering — along with the infrastructure to develop and employ top talent, it creates a powerful engine for economic growth and innovation on a much larger scale.
Sagard Real Estate Teams Up With Canadian Pension Fund for U.S. Industrial Investment
A Canadian pension fund has completed its first U.S. industrial acquisition through a new partnership with Sagard Real Estate, the property arm of the global asset management firm. Ontario Teachers’ Pension Plan and Sagard Real Estate purchased a 163,000-square-foot industrial space in Houston, according to a press release.
Law Firm Simpson Thatcher Joins Ikea at New Fifth Avenue Tower
Extell Development is close to a major deal as law firm Simpson Thacher & Bartlett is poised to lease a significant portion of its new Ikea-anchored tower at 570 Fifth Ave.
