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.
Howard’s Appliances Expands with New Headquarters & Distribution Center
Howard’s Appliances has secured a significant lease for its new corporate headquarters, main distribution center, showroom and outlet. The company has leased a 127,540-square-foot industrial facility at 111 N. Baldwin Park Blvd. in the City of Industry, Calif.
Broe Group Buys Former Kellogg’s Manufacturing Facility
With this acquisition, The Broe Group joins industry giants including UPS, Amazon, Lowe’s, Google, and Walmart in Atlanta’s premier I-20 submarket.
Global Law Firm Nabs Full-Floor Lease in Austin’s Newest Office Tower
Pillsbury Winthrop Shaw Pittman expands its presence in Austin with a new full-floor lease at The Republic, the newest (and the tallest upon completion) office tower in the downtown Austin skyline.
What Are the Top U.S. Cities for Office Conversion?
How much office space is a feasible candidate for conversion to residential use? We look at data on the 30 largest office markets in the U.S. to rank the locations by best-rated conversion potential.
IRG Buys Unique Waterfront Property in Houston
The manufacturing facility is strategically located along the Houston ship channel and features several high-value amenities, in addition to 800 feet of frontage on the channel and the ability to add a deepwater dock for bulk vessels.
Apple Expands Footprint at 11 Penn Plaza
Apple has significantly expanded its presence at 11 Penn Plaza, a Midtown Manhattan office building owned by Vornado Realty Trust. The tech giant has secured an additional 61,000 square feet, bringing its total occupancy to 460,000 square feet.
Alexandria Real Estate Signs Long-Term Tenant Expansion at San Carlos Life Sciences Campus
Vaxcyte signed a lease for roughly 260,000 square feet of life sciences office space in San Carlos, in Building 1 of Alexandria Real Estate Equities’ San Francisco Bay Area mega campus.
Revlon Joins NEST With Lease for Innovation Hub Relocation
Revlon is the first tenant to lease office space here since Merck vacated the property and will be consolidating several divisions in more than 60,000 square feet of R&D office space at 15 NEST.
How U.S. Commute Times Have Changed in the Hybrid Work Era
The “back to normal” still looks like a slightly different normal in many ways, including commute trends. We look at how commute times have changed since the remote workforce shifted more into a hybrid arrangement, based on the latest numbers released by the U.S. Census Bureau.
Dalfen Industrial Secures Lease for Miami Industrial Development
Dalfen Industrial has announced that ComfortSide, LLC, a leading HVAC equipment company, also known as Cooper & Hunter, has closed on a 96,000-square-foot lease deal at its recently completed Midpoint Miami Logistics Center in Hialeah, Fla.
