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.
Texas Research Quarter Clears 1st Hurdle to Development
NexPoint’s redevelopment of the former EDS campus in Plano received city approval and a tax increment reinvestment zone benefit for phase one and seeks additional funding facilities before desired construction start in 2025.
Christie’s Signs New Lease at Rockefeller Center
Renowned auction house Christie’s has renewed its 25-year lease at Rockefeller Center in New York City. The decision to stay put at its 400,000-square-foot headquarters came after careful consideration of relocation options.
Best Spots to Work Remotely in Detroit
Detroit, often celebrated for its pivotal role in the automotive industry and its rich musical legacy, has undergone a renaissance that blends its historical roots with a burgeoning…
Boston Proper Signs New Lease for Boca Raton Headquarters
Boston Proper has agreed to remain at its headquarters at 1155 Broken Sound Parkway NW in Boca Raton, Fla. for another 10 years. The property is owned by Adler Real Estate Partners.
Local Investment Group Acquires Iconic Seattle High-Rise
Despite high office vacancy in the downtown Seattle market, the new owners believe upgrading office space and visitor experience at the Smith Tower to meet modern and foreseeable standards will attract more business and foot traffic back to Pioneer Square.
Northwind Group Issues Acquisition Loan for 100 Wall St.
A joint venture of BLDG and DWREI recently acquired the iconic 29-story office building at 100 Wall St., totaling more than 500,000 square feet of class A Manhattan office space.
Bain Capital Expands Boston Back Bay Headquarters
Bain Capital expanded it headquarters lease to nearly 400KSF of office space in Boston at BXP’s 200 Clarendon, the tallest office tower in New England.
2024 Mid-Year Office Construction Report: Boston Numbers Hold Strong
Across major U.S. markets, office construction numbers total approximately 77 million square feet, with Boston contributing some 12 million square feet, followed by Dallas and San Francisco with similar amounts (5 million square feet).
Mitsui Fudosan Signs New Office Tenant at 1251 Avenue of the Americas
DCMA is moving headquarters from the Financial District to office space in Midtown Manhattan’s Rockefeller Center. The financial company leased the 49th floor of Mitsui Fudosan America’s 1251 6th Ave.
