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 to Head Paramount Building Office Space Leasing in Manhattan
First completed in the late 1920s as the East Coast headquarters of Paramount Pictures and once the tallest building in Manhattan, The Paramount offers a diverse mix of office leasing opportunities, with marketing efforts led by CBRE.
5 Best Practices for a Successful Negotiation Strategy
Being a skilled negotiator starts with taking a macro view of the deal and gaining a clear understanding of each party’s needs and wants. Thinking outside of the box can set the stage for dynamic and productive discussions that can lead to mutually beneficial transactions and a solid foundation for a long-term agreement.
Sluggish Job Growth & Loan Maturities Compound Office Sector Struggles
Office vacancy rates remain high as the national supply pipeline hits a new low and the office sector braces for $290 billion in loans hitting maturity.
Amazon Expands Presence at Miami’s Wynwood Development
Amazon is expanding its office presence at Wynwood Plaza in Miami, securing an additional 25,000 square feet. This expansion boosts the tech giant’s total office footprint within the nearly completed, 12-story, mixed-use complex to 75,000 square feet. When fully finished, the development will feature 266,000 square feet of office space, 509 apartments and 25,000 square feet of retail space
Saudi Fund Partners With Related for Proposed Manhattan Office Tower
Saudi Arabia’s government fund is partnering with Related Companies to acquire a two-thirds stake in a site at 625 Madison Ave. in Manhattan, where a new skyscraper is planned. The total cost for the site and its development is projected to exceed $1 billion, according to sources familiar with the deal. The fund has already invested $200 million into the project, although its final contribution is still being determined.
WeWork Secures First Post-Bankruptcy Coworking Lease in Manhattan, N.Y.
A leading global provider of flexible space, WeWork announced that it had executed a 60,000-square-foot lease agreement with AmTrust RE at 250 Broadway. This marks the company’s first coworking deal since its bankruptcy filing. The new location is projected to open in December and will cover five floors (the 24th, 25th, 27th, 28th and 29th).
New Retail Leases in Miami’s Lincoln Road District
Internationally renowned hospitality, retail, and dining brands have been flocking to Miami retail space on the Lincoln Road mall, including high-value brands relocating from Brickell City Center.
Suburban Dallas Corporate Center Adds New Medical Office Tenants Amid Renovation
The McKinney Corporate Center I office building will be home to a new vascular medical treatment center and the headquarters of a local child and family education and advocacy group.
The Greenest Offices in the U.S.: D.C. & California Markets Continue to Lead in Sustainability
Sustainability has become a critical factor in today’s commercial real estate, moving beyond a simple add-on. That’s because the understanding that greener buildings translate to substantial reductions in operating costs through energy and water efficiency has become paramount.
Discover the best primary and secondary office markets for green workspaces across the U.S., based on LEED score, energy efficiency and CO2 emissions.
Shorenstein Buys K Street Office Building in Washington, D.C.
Shorenstein bought the Washington D.C. office property at 901 K street as part of its investment strategy that focuses on high-quality and next-generation office space properties offering tenants a trophy-grade experience.
