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.
Construction Complete on Office-to-Residential Conversion in Downtown Dallas
Dallas ranked among the top 20 U.S. cities for office conversion, and the Santander Tower adaptive reuse project to turn 14 office floors into residential space is just the latest in a string of successful mixed-use deliveries.
Lululemon Doubles Retail Space at Savannah Flagship
Athleisure sensation Lululemon recently opened an enhanced retail space in downtown Savannah, GA, which marks an expansion of almost double its former flagship space in the city.
Workbox Gears Up for 1st Pennsylvania Location
Workbox brings a variety of flexible office solutions to meet the needs of local entrepreneurs and businesses and builds unique networking and community support opportunities.
Joint Venture Locks Down $600 Million Construction Loan for Virginia Data Center
Blue Owl Real Estate, in partnership with Chirisa and PowerHouse Data Centers, has secured a $600 million construction loan to develop a 50-megawatt data center in Chester, Va. The project, located within the Chirisa Technology Park, is strategically positioned approximately 20 miles south of Richmond.
Best of Both Worlds: Florida’s Top Cities Accommodating Both Remote & In-Office Work
Morgan Stanley Offloads Midtown Office Tower for $360 Million
Morgan Stanley has offloaded its 28-story office building at 2 Park Ave. to Haddad Brands for approximately $360 million. This deal marks one of the largest office investment sales in New York City this year.
Howard’s Appliances Expands with New Headquarters & Distribution Center
Howard’s Appliances has secured a significant lease for its new corporate headquarters, main distribution center, showroom and outlet. The company has leased a 127,540-square-foot industrial facility at 111 N. Baldwin Park Blvd. in the City of Industry, Calif.
Broe Group Buys Former Kellogg’s Manufacturing Facility
With this acquisition, The Broe Group joins industry giants including UPS, Amazon, Lowe’s, Google, and Walmart in Atlanta’s premier I-20 submarket.
Global Law Firm Nabs Full-Floor Lease in Austin’s Newest Office Tower
Pillsbury Winthrop Shaw Pittman expands its presence in Austin with a new full-floor lease at The Republic, the newest (and the tallest upon completion) office tower in the downtown Austin skyline.
What Are the Top U.S. Cities for Office Conversion?
How much office space is a feasible candidate for conversion to residential use? We look at data on the 30 largest office markets in the U.S. to rank the locations by best-rated conversion potential.
