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.
Kobalt Music Reduces Footprint at 2 Gansevoort in New, 10-Year Deal
Kobalt Music Group has opted to maintain a presence in the Meatpacking District by renewing its lease at 2 Gansevoort St.
This decision comes after Kobalt previously subleased all of its office space in the nine-story building. According to an anonymous source familiar with the deal, Kobalt signed a new, 10-year lease for a smaller footprint of 10,000 square feet. The asking rent for this space was $115 per square foot.
TNT Services Grows Industrial Footprint in Maryland
TNT Services Group has announced the relocation and expansion of its suburban Maryland facilities. The company signed an agreement for 11,501 square feet of flex/R&D building space at St. John Properties’ Milford Town Center in Bowie, Md. It’s expected to move its operations from its current 9,800-square-foot premises in Prince George’s County this summer.
Expert Insights: Pamela O’Brien Talks Office Design Trends, Challenges & More
For the latest interview in our Expert Insights Series, we had the pleasure of speaking with Pamela O’Brien, an award-winning luxury interior designer, writer, and speaker. Prior to…
Latitude 33 Opens Downtown Los Angeles Office at The Collection
One of the first large office buildings to rise in the now renowned retail corridor, The Collection offers some of the best flexible office space in the Los Angeles central business district.
Black Lion Acquires Miami Beach Building, Plans Ultra-Luxury Office Transformation
Black Lion — a prominent real estate development company led by Robert Rivani — has announced the acquisition of The Lincoln, a mixed-use property located at 1691 Michigan Ave. in Miami Beach. Black Lion purchased the building for $62.5 million. The sale is the largest of its kind on the Miami office market since 2016.
Top 25 U.S. Metros for Life Sciences: Boston, San Francisco & New York Lead the Way
Which U.S. metros are best positioned to nurture growth and success of life sciences in 2024? We analyzed data on more than 100 MSAs and ranked them accordingly.
AI Boom Drives Data Center Development
Convene Expands Midtown Lease for 360 Madison
Convene, a leading designer and operator of premium meeting, event, and flexible workspace solutions, is expanding its presence in Midtown Manhattan. The company has signed a lease for an additional 22,500 square feet of space at 360 Madison Avenue, where it already operates a successful venue.
Best Places for Remote Work in Atlanta
The shift toward remote work has not only transformed how we approach our professional lives, but also where we choose to conduct our daily tasks. To that end,…
PUMA Grows U.S. Presence with New Hollywood Creative Office Space Lease
PUMA inked a deal for 23,000 square feet of office space at Bardas Investment’s Hollywood office at 6345 Fountain Avenue. The move, scheduled for early 2025, will allow the German sportswear manufacturer to bolster its U.S. presence.
