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.
CBRE Brings Office of the Future to Suburban Philly
Los Angeles-based commercial real estate giant CBRE recently announced that it will be slightly shifting its suburban Philadelphia, Pa. office location. The new Philadelphia state-of-the-art offices will be…
LaSalle Pays $98M for Minneapolis’ Mayo Clinic Square
The 222,000-square-foot building formerly known as Block E in downtown Minneapolis has found a new owner in LaSalle Investment Management. The Chicago-based company reportedly shelled out $98 million…
Akridge, Alcion Break Ground on 1701 Rhode Island in DC
A partnership between Akridge and Alcion Ventures LP recently celebrated the start of construction on 1701 Rhode Island, a redevelopment project set to transform the former YMCA National…
Hines Expands Houston Footprint with 2.2M SF Industrial Buy
Hines recently announced it has acquired a Class A, 2.2 million-square-foot industrial facility located near the Port of Houston in LaPorte, Texas. The Houston-based company purchased the Underwood…
DC-Area Metro Plex Office Portfolio Hits Market
Houston-based Transwestern announced it has been retained to represent the seller of the Metro Plex office portfolio. The deal encompasses two office buildings that total 293,000 square feet…
Charles Schwab’s New Austin HQ Celebrates Milestone
Charles Schwab & Co. recently celebrated the topping out of the first building at its new Gracy Farms Lane campus, within the bustling Austin office market. Attending the…
HNA Group Shifts Focus in Its Manhattan Assets
HNA Property Holdings LLC, the real estate investment and management subsidiary of HNA Group, announced it is planning to sell its stake in the office building at 1180…
Amazon Plans Massive NoVa Distribution Center
Online giant Amazon recently announced plans to open a 1 million-square-foot e-commerce warehouse and distribution facility in Frederick County, Va. The company will be setting up shop at…
Sealy&Co Buys 1.1MSF NxNW Indianapolis Portfolio
Sealy Strategic Equity Partners announced that its footprint is expanding by another one million square feet. Sealy recently closed on a seven-building, Class A industrial portfolio totaling 1.1…
CIM Group Signs Serendipity Labs at Nashville L&C Tower
CIM Group announces Serendipity Labs as the first tenant at its newly remodeled L&C Tower Complex in Nashville, Tenn. Rye, N.Y.-based Serendipity Labs Coworking Inc. offers upscale workplace…
