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.
Aphorio Carter Expands Data Center Portfolio in Kentucky
Aphorio Carter makes eighth and ninth data center acquisitions since the company founding in 2022, now totaling nearly $240 million in total assets under management.
Expert Insights: Jeffrey Gural on the Office Market in 2025
For our latest interview in the Expert Insights series, we had the pleasure of chatting with Jeffrey Gural, chairman of GFP Real Estate LLC (formerly Newmark Holdings and…
Global Holdings Locks In 31,000-Square-Foot Lease Expansion at 99 Park Ave.
Having outgrown its current headquarters at 200 Madison Ave. (for which it had originally signed a decade-long agreement in early 2022), Garan is now leasing the entirety of the 31,663-square-foot sixth floor at 99 Park Ave., a property managed by Global Holdings Management Group. This expansion complements Garan’s existing 31,754-square-foot space on the property’s seventh floor to bring its total footprint to 63,417 square feet.
Newmark Signs Renewal With SL Green, Doubles Footprint at 125 Park Ave.
SL Green, the dominant office landlord in Manhattan, has finalized a 15-year, 144,418-square-foot renewal and expansion lease with Newmark at 125 Park Ave.
Provident Begins Construction of Phase 4 at El Paso Industrial Park
Gateway Logistics Park is well positioned for tenant operating in cross-border logistics and distribution and phase four will deliver nearly 500,000 square feet of new class A industrial space to the El Paso, Texas, market.
HuFriedyGroup Inks Lease at Logistics Center in Glenview
Dental instrument manufacturer leases full building at Dermody’s Glenview industrial logistics facility north of Chicago. One of the several campus buildings still in development has also been pre-leased.
Office Pipeline 2025: Construction Slowdown Expected to Stabilize Vacancy Rates
Following a 44% year-over-year drop and standing at an estimated 55 million square feet, the total volume of U.S. office space under construction this year is the lowest it’s been in a decade. Even so, a look at construction activity across U.S. markets reveals Boston’s continued dominance (8.7 million square feet), despite the shrinking pipeline.
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…
