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.
AlbaneseCormier Picks Up Multi-State Retail Portfolio
The firm’s recent portfolio acquisition includes its first retail property purchase in Wisconsin, while expanding its existing presence in Alabama and Michigan.
REALM JV Buys Portland, Ore., Office Property in Pearl District
The 300 Building offers some of the best placed office space in Portland’s Pearl District, a former industrial rail yard that was redeveloped into high-density residential property and a vibrant retail and entertainment scene.
Brand Street Nabs Connecticut Retail Center in Hartford Suburb
Brand Street Properties bought the Shops at Evergreen Walk open-air lifestyle retail center near Hartford, CT that the firm had managed and upgraded over the past few years.
December 2025 Industrial Report: Lingering Supply Surge & Policy Shifts Drive Transitional Year in Sector
Moderation at best was the main descriptor of key trends in the industrial real estate sector this past month, as the industry continued to struggle absorbing the results of the historic early pandemic supply boom.
Scholastic & ESRT Close Sale-Leaseback of SoHo Headquarters Office
The Scholastic headquarters office in Manhattan encompasses an iconic pair of Broadway buildings that speak volumes to the history of the vibrant and dynamic journey of New York City through time.
ING Group Renews & Expands Lease at Durst-Owned Office Tower
ING Group — the Amsterdam-based global banking and financial services firm — not only renewed its existing, 132,400-square-foot office, but also tacked on an additional 21,515 square feet. This move brings the company’s total footprint at the Manhattan office tower to 153,915 square feet, encompassing the seventh through 11th floors.
Apple Grows Midtown Footprint in 95,000-Square-Foot Lease Deal
Apple is significantly expanding its presence in the Penn District, signaling a major commitment to Midtown. The tech giant is adding 95,000 square feet across two additional floors of Vornado Realty Trust’s Penn 11, bringing its total occupancy within this premium Manhattan office space to 550,000 square feet.
Slalom Renews Anchor Lease at Pioneer Square Tower
Slalom renews and extends its anchor tenant lease through 2034 about a year after moving its Seattle headquarters office to the Hawk Tower in Pioneer Square.
Coworking Captures Opportunity as National Office Pipeline Continues to Shrink
Sluggish construction pipeline presents opportunities that the coworking sector has been banking on. Read the highlights and insights on industry trends in our full monthly U.S. office markets report.
Amazon Forks Over $79 Million for Industrial Flex Building in Pasadena, Calif.
Amazon has made a significant deal in Pasadena commercial real estate, paying $79 million for an industrial property. This transaction underscores the tech giant’s growing footprint in southern California as the sale more than doubled the building’s value in just four years. The seller — El Segundo, Calif.-based Alvarez & Marsal Capital Real Estate — achieved a massive gain of around 139% from the sale after purchasing the property from Graymark Capital in early 2021 for only $33 million, according to property records. At approximately $469 per square foot, the price represents a substantial premium for flex industrial space.
