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.
Merritt Completes Leasing at Jacksonville Industrial Park
After reaching full occupancy of both phase one and phase two of the Imeson industrial park in Jacksonville, Meritt is looking at kicking off phase three of development in the near future.
M2G Ventures Buys Industrial Park in North Dallas Submarket
The property incorporates more than 180,000 square feet of north Dallas industrial space and was reportedly nearly 100% leased at the time of sale.
Best of Both Worlds: Massachusetts’ Top Cities Accommodating Both Remote & In-Office Work
If you’ve debated trading Boston’s Seaport for Newton’s leafy suburbs or weighed Springfield’s short commutes against Worcester’s parking perks, you’re not alone: Hybrid work has reshaped Massachusetts, altering…
Amazon Partners With WeWork to Expand Footprint at Five Manhattan West
Amazon and WeWork are partnering again, this time at Five Manhattan West in Hudson Yards. The coworking firm has executed a 112,265-square-foot sublease at the Brookfield Properties-owned office building for the e-commerce giant to secure space that was previously held by the Interpublic Group of Companies.
Fisher Brothers Secures New, 10-Year Loan for 299 Park Ave.
Fisher Brothers has secured a $500 million refinancing loan for its recently completed renovation of 299 Park Ave., its Midtown office property and headquarters. Citi Group and J.P. Morgan are providing this new, 10-year mortgage, which exceeds the building’s previous loan by more than $100 million.
Q4 2024 Industrial Ranking Report: Phoenix Holds Onto #1 Spot as Nationwide Construction Slows
We ranked the nation’s major industrial markets in Q4 2024 based on several indicators such as rent growth, vacancies, online searches and more. See the full list here.
Rockpoint Buys Central Massachusetts Distribution Center in Record Deal
Rockpoint’s aquisition of the 70-acre Greater Boston warehouse and distribution property marked the largest real estate sale in Central Massachusetts since the Staples headquarters changed hands in 2020.
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.
