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.
Flint Development Secures Massive Lease Deal for its Northern Virginia Warehouse
J.E. Richards signed a 935,000-square-foot lease at a Flint Development-owned warehouse in Stafford, Va., in what is one of the biggest single-tenant deals of its kind in the northern Virginia market. The agreement extends throughout a 10-year period, with 500 J.E. Richards employees expected to move into the warehouse before the end of the year.
String of New Leases, Expansions & Renewals at Cohen Brothers’ Red Building in West Hollywood, Calif.
Cohen Brothers has secured seven leases totaling nearly 96,000 square feet at the Red Building, a creative office space in West Hollywood, Calif., that’s part of the company’s Pacific Design Center complex. The deals include new tenants, while also locking down a series of existing beauty, fashion and tech tenants.
JLL REIT Buys Medical Office Building in Sacramento, Calif., Submarket
The Sacramento medical office building was was redeveloped in 2024 with buildouts and improvements to equip the outpatient center for specialized medical uses.
How to Become a Commercial Real Estate Agent
This guide explains how to become a commercial real estate agent: whether a separate commercial licence exists, how licensing actually works, what happens once you are qualified, how…
YTD Office Sales Near $43B as Key Markets Carry Bulk of Pipeline & Loan Maturities Pressure Burdened Markets
Office loans approaching maturity add to the pressure that interest rates and low physical occupancy have been putting on office assets that have been underperforming through the flight-to-quality trend.
5 Questions to Ask Before Leasing Office Space
Locating office space for lease involves much more than just searching the web for available listings, driving around town looking for vacant office space, and finding bargains on…
Havas Health Extends & Expands Manhattan, N.Y., Office Lease on Madison Avenue
Havas has expanded its 30-year headquarters at 200 Madison Ave., to more than 254,000 square feet of Midtown Manhattan office space.
Ares Forks Over $109 Million for 2 Miami-Dade Industrial Assets
Ares Management has closed a deal worth $108.7 million for two fully leased industrial warehouses in Miami(opens in new tab)-Dade County. The assets — previously owned by BGRE (formerly known as Brookfield Properties) — include a 230,147-square-foot distribution center at 3811 W. 108th St. in Hialeah, Fla., which fetched $65.3 million, and a 142,472-square-foot warehouse at 13190 NW 17th St. in Sweetwater, Fla., that sold for $43.4 million.
General Atlantic Inks 150,000-Square-Foot Lease to Anchor 625 Madison
Related Companies secured a lease to anchor its 858,500-square-foot office space in Manhattan’s Plaza District. The tenant is General Atlantic, a global investment firm that’s set to occupy five floors totaling 150,000 square feet within the building upon its completion, which is scheduled for 2029. About one-third of the company’s global workforce (330 employees) will be working from 625 Madison Ave. once the move is completed. Â
Merritt Breaks Ground on Phase 1 of North Carolina Research Triangle Industrial Development
Phase one of the strategically located RDU Business Park aims to deliver more than 200,000 square feet of Raleigh-Durham industrial space to the North Carolina Research Triangle region in 2027.
