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.
SL Green’s 100 Park Ave. Fully Leased Following Latest Deal
Law firm Robinson+Cole signed a 15-year deal for 48,451 square feet at 100 Park Ave. , successfully bringing the Midtown East office tower to 100% leased. The acquisition of this premier office space in Midtown Manhattan, N.Y., underscores the enduring appeal of the Park Avenue corridor for top-tier firms prioritizing high-quality, transit-oriented locations.
Aardex Completes Adaptive Reuse Renovation of Historic Retail Property in Downtown Phoenix
Aardex redeveloped the historic Pratt-Gilbert Building in central Phoenix, and delivered precmium new retail space and an activated basement level, while preserving the character and scale of the original structure.
What is a Tenant Broker?
Finding the right commercial space takes more time and expertise than most business owners anticipate. Lease terms run long, markets shift, and the details of a poorly negotiated…
10 of the Most Exciting Coworking Spaces in Los Angeles
In a city as diverse, exciting and glamorous as Los Angeles, it’s not hard to find an equally effervescent coworking scene, ready to entice professionals and some of…
How to Sublease Your Office Space
Not all commercial leases give a tenant the right to sublease. When office leases do allow subleasing, they often include restrictions on subletting. A few examples of such restrictions are listed here.
8 Ways To Increase Commercial Property Revenue Without Raising Rents
Lease income is the foundation of any commercial property’s financial performance, but it is rarely the ceiling. For owners focused on net operating income, the more useful question…
Blackstone Secures $154-Million Refinancing for Miami Offices
Blackstone has secured $154 million from CIM Group’s private credit fund to refinance 2 and 3 MiamiCentral, which are part of a premier, mixed-use development in downtown Miami. The high-profile office space in Miami serves as a regional hub for the real estate giant, which operates its own office within the property. Eastdil Secured brokered the transaction for the 339,000-square-foot asset.
How to Calculate and Use a Cap Rate
The capitalization rate, or cap rate, is one of the first numbers any commercial real estate investor looks at. It tells you, in a single percentage, what yield…
Growing Demand for Flexibility Fuels Coworking Model Success, Medical Office Projects Increase Share of Construction Starts
Increasing demand for flexibility flows through to leasing demands from business tenants to landlords looking to adapt out of stubbornly high vacancy rates across the top office markets in the U.S.
What’s the Difference Between a Tenant Broker and a Listing Broker?
A broker is a broker, right? Not quite. In commercial real estate, the word covers two roles with very different jobs — and hiring the wrong one, or…
