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.
Empire Capital Inks $130 Million Deal for 2 Midtown South Office Buildings
Empire Capital, a London-based private investment fund known for acquiring discounted office properties, is reportedly set to purchase two Midtown South buildings — 381 and 373 Park Ave. S. — for $130 million. These pre-war buildings have been owned by the Hemmerdinger family’s ATCO Properties for decades.
Headwall Buys Unanchored Retail Property in San Antonio
Headwall Investments made its 18th shopping center acquisition with the purchase of the Tower at Boerne, a thriving unanchored retail property near San Antonio that is fully leased to a diverse mix of businesses catering to the surrounding communities.
Workbox Plans Its Largest Coworking Space in Chicago
Workbox has set its eyes on the Chicago Loop Civic Opera Building to be the home of what will be the company’s largest U.S. coworking space to date.
Austin’s Talent Development Secures Top Spot Among Southern Innovation Hubs
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.
Fanatics Grows Presence in Manhattan Following New Office Deal
Fanatics recently signed a lease for 54,000 square feet at 345 Hudson St., a 17-story property owned through a joint venture involving Norges Bank Investment, Hines and Trinity Church.
Southwest Florida Coast Renaissance Office Center Changes Hands
Brookwood Financial Partners sold The Renaissance Office Center in Fort Myers, Fla., to an ownership group that included Mayhugh Commercial Advisors, future leasing and operations manager of the property.
Office Spec Project in Allen, Texas, Welcomes 1st Tenant
The speculatively built project was completed in 2024 and is now welcoming its first tenant, as Fibergate relocates its headquarters to The Farm in Allen in the FarmWorks One building.
Gilbane Signs New Office Lease at Jamestown-Owned Arlington, Va., Building
Gilbane Building has reached an agreement with Atlanta-based real estate investor and manager Jamestown for a 27,000-square-foot office at Ballston Exchange — a mixed-use project in Arlington, Va.’s Ballston area offering retail, dining and office spaces.
Deloitte Signs 800,000-Square-Foot Lease for New Headquarters at Hudson Yards
Deloitte has chosen Hudson Yards as the location for its new North American headquarters. The company will lease nearly three-quarters of the planned 1.1-million-square-foot office building at 70 Hudson Yards, which is part of Related Companies’ extensive mixed-use development on Manhattan’s West Side.
Q1 2025 Office Market Report: Coworking Space Continues Momentum, Office Vacancy & Asking Rates Still Adjusting
Boston, Baltimore, & Orange County lead the ranking among office markets larger than 100 million square feet, while Florida takes four of the 10 best scores among mid-sized markets in Q1 2025.
