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.

aerial view of downtown las vegas landmarks, entertainment, casino, and commercial space properties

Best Spots to Work Remotely in Las Vegas

Known for its vibrant nightlife and entertainment, Las Vegas is also home to an emerging scene for remote work. And, as the city diversifies beyond its gaming roots,…

Panoramic view of downtown San Jose California office space properties

PMB Tops Out New Medical Office Building in San Jose, Calif.

An essential part of the Bascom Station mixed-use project, this development marks the 10th local Valley Health Center and delivers more than 200,000 square feet of San Jose medical office space to meet the needs of the surrounding community.

panoramic view of office properties along the Cambridge waterfront in Boston MA

Breakthrough Secures 3 Biotech Tenants for Lab & Office Space in Cambridge, Mass.

Incendia Therapeutics, Larkspur Biosciences, and Deep Genomics join the Cambridge MA ecosystem and rent new Boston office space being redeveloped at One Canal by Breakthrough.

Boston

Best Spots to Work Remotely in Boston

In a city where history meets innovation, Boston stands out as an exceptional location for remote work. Known for its rich academic heritage and vibrant cultural scene, Boston…

Manhattan aerial view

Hines’ Hudson Square Footprint Reaches 22,000 Square Feet Following Latest Expansion

Hines — a Houston-based real estate investor and developer — is expanding its Hudson Square presence by connecting its existing, 17,000-square-foot office space on the 12th floor of 345 Hudson St. to an additional 15,000 square feet in the adjacent building at 555 Greenwich St. This 12-year lease expansion is part of a joint venture with Trinity Church Wall Street and Norges Bank Investment Management. Hines developed and owns both properties.

Lower Manhattan skyline

Writers Guild of America East Renews Lease for Hudson Street Headquarters

The Writers Guild of America East (WGAE) decided to renew its 16,749-square-foot lease at the Jack Resnick & Sons-owned 250 Hudson Street for an additional 16 years. The 70-year-old labor union will maintain its presence on the seventh floor of building, which has been home to their headquarters since 2010.

aerial view of Geneva Illinois, the highly affluent suburban submarket of Chicago

Geneva Commons Shopping Center Changes Hands

The shopping center includes more than 437,000 square feet of suburban Chicago retail space and is home to a plentiful variety of notable tenants as well as a dynamic mix of amenities.

aerial landscape view of the rail going into the central business district of Las Colinas in Irving, Texas

PowerHouse Bringing Massive Data Center Campus to Las Colinas, Texas

One of the most desirable submarkets in the Dallas-Fort Worth metroplex, Las Colinas has attracted a new data center campus project planned to span 1 million square feet and deliver the first powered shell as soon as 2025.

Chicago East Loop

HOK Inks New 25,000-Square-Foot Lease at One Pru Plaza

Architecture firm HOK has signed a 13-year lease at Wanxiang America Real Estate Group’s One Pru, formerly known as One Prudential Plaza. The company is set to occupy a 25,500-square-foot space on the 14th floor of the 41-story building.

HOK will vacate its current premises at 333 S. Wabash Ave. in Chicago early next year upon the expiration of its 27,000-square-foot lease.

Manhattan office space

Palantir Secures Lease for 140,345 Square Feet at 620 Avenue of the Americas

Data analytics and intelligence firm Palantir Technologies has agreed to a new lease deal at the RXR-owned 620 Avenue of the Americas. The company, which previously leased the space through WeWork, is set to retain its existing footprint of 140,345 square feet within the Chelsea building.