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.
Spotify Fills the Lease Gap at 4WTC Tower
Streaming Jobs into Lower Manhattan Gov. Andrew Cuomo announced on February 15th in a press conference streamed via Facebook Live that the “more vibrant, diverse and connected Lower…
Asia – Top NYC Office Investor of 2016
Foreign Capital – Foreign Confidence The New York City commercial market remained active and attractive, through a year of new political and economic uncertainty. At the beginning of…
NYC 2016 Office Report – Total Sales Volume Tops $21B
Key takeaways: Total sales volume in NYC topped $21B in 2016 The average price per sq. ft. in Manhattan reached a 5-year peak ($1,347) June proved busiest month…
Top NYC Office Deals of 2016
Key findings: Though office leasing activity took a respite in 2016, sales activity remained strong: 7 assets fetched more than $1B in 2016; Manhattan reigns as the main target…
Baldwin Hills is Up for a Makeover
Crenshaw-LAX Line Ushers in Development Work on the new light rail line project is halfway completed. “Harriet”, the tunnel-boring machine, has dug under Baldwin Hills and is moving…
2017 – The Year of Brooklyn?
Borough Commercial market grows diverse Brooklyn in the race with Manhattan despite sales curb L line Canarsie tunnel closure spurs relocations and expansions Cool Kid Brooklyn Brooklyn has…
NYC Commercial Real Estate Feel of 2017 – A PropertyShark Survey
Median rents held steady, though the 2016 commercial rental market was notably softened by the increase in concession packages. According to the Colliers 2016 4th quarter office report,…
Top 10 LA Office Market Highlights of 2016
Key findings: Office investment in Los Angeles totaled $10.8B in 2016–a new post-downturn peak; Q4 2016 office absorption topped the $2M mark for the first time in 11…
Top 20 San Francisco Office Sales of 2016
Key findings: The Financial District was the busiest neighborhood in terms of office sales in 2016: 10 out of the 20 largest transactions closed in the city’s CBD;…
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