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.
New Headquarters Building Breaks Ground in Washington, D.C. Suburb
HITT Contracting begins work on new headquarters office space in suburban Washington D.C. with a commitment to sustainable building practices and innovation in construction technologies.
Q4 2024 Office Markets Ranking Report: Office Deliveries Slow, Coworking Scene Continues Expansion
Boston and San Diego lead the ranking among office markets larger than 100 million square feet, while Miami scored highest among mid-sized markets in Q4 2024.
Hyundai America Inks New Lease for Orange County Warehouse
Hyundai America Technical Center, the research and development arm of Hyundai Motor Company, has leased a 91,600-square-foot distribution warehouse at LogistiCenter at Irvine II in Irvine, Calif.
Teladoc Health Expands & Moves Headquarters to 10 Grand Central
Teladoc Health has renewed and expanded its lease at Marx Realty’s 10 Grand Central. The company doubled its office space to 15,000 square feet in a 10-year agreement. This move coincides with Teladoc Health’s relocation of its corporate headquarters from Purchase, N.Y., to New York City.
Carr Workplaces Opens New Coworking Space in Washington, D.C.
The new Washington, D.C. Capitol Hill coworking space is conveniently located within close proximity of several landmarks of significant historical and political importance.
1st Hyperscale Data Center Campus Coming to Kentucky
Work on the first phase of the hyperscale data center campus in Louisville is expected to begin in 2025. First building delivery expected in Q4 2026.
Park Avenue Manhattan Office Tower Fetches $360 Million
The high rise at Two Park Avenue sold in one of the largest transactions of office space in Manhattan in 2024. Claiming a price tag of roughly $360 per square foot, the property is now owned by Haddad Brands.
No-Fault Group Expands HQ at New Coral Gables Location
The company signed a 21,806-square-foot lease at 2990 Ponce that will enable it to relocate from its current offices in Doral, Fla. The move also marks a significant expansion of its footprint as the firm will nearly double the size of its headquarters.
Douglas Sells 3 DC Properties for a Combined $96 Million
The transaction involved the former Pappas Tomato Factory building at 1401 Okie St. NE, the historic Equitable Co-Operative Building Association property at 915 F St. NW and a 16-acre parcel near the National Arboretum.Â
PrimeSource Signs Last-Mile Logistics Lease in Hudson Valley, NY
The Maybrook Logistics Center offers excellent connectivity across the region and links PrimeSource with some of the strongest markets east of the Mississippi.
