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.
Madison Realty Snags Distressed Queens Office Space in $80 Million Deal
Madison Realty Capital’s Urian Yap acquired the property at 41-60 Main St. on February 7 for $80 million. The Queens property, which houses tenants like Capital One Bank, was among several under mezzanine loans.
AT&T Consolidates Northern Virginia Operations at New Chantilly Office Space
AT&T has signed a long-term lease for a five-story office building in Chantilly, Va. The 111,000-square-foot space at 4807 Stonecroft Blvd. will consolidate several of AT&T’s facilities in northern Virginia. The company’s expected move-in date is set for 2025.
WeWork Renegotiates Lease at Downtown D.C. Location
WeWork has been renegotiating more than 60 leases across various cities, including Washington, D.C. Discussions include a 14-story office space in the capital’s downtown, owned by Carr Properties, known as Midtown Center.
North Signal & Fox Capital Ink Full-Building Lease at Imeson Commerce Center
With this new industrial lease, the leading North American provider of intermodal trucking has grown its footprint to three facilities and more than 800K SF of warehouse and transload space in Jacksonville, FL.
Portfolio Deals Take the Podium for the Most Expensive Office Sales of 2023
2023 has been a challenging year for the U.S. office market. Despite the return-to-office trend picking up steam, many investors and developers are pivoting towards more creative ways to occupy and monetize new or existing workspaces.
To gauge the impact of these shifts on the overall U.S. office landscape and to highlight the most active markets in terms of top sales values, we compiled a list of 50 of the largest office space transactions in 2023.
Onyx Forms New Partnership to Kick Off Redevelopment of Former New Jersey Merck HQ Campus
With Merck vacating all but one building on its former HQ campus, Onyx & partners announce work will begin at the life sciences NEST Centre in Kenilworth, N.J., with the pilot R&D facility branded 11 NEST.
Expert Insights: Elise Cuneo Talks Office Interior Design in 2024
For the latest interview in our Expert Insights Series, we had the pleasure of speaking with Elise Cuneo, an interior design leader and strategist for Unispace, a…
H&M Takes Last Anchor Space at Brickell City Centre
Global fashion leader H&M will occupy two levels of Miami retail space on the North Block of The Shops at Brickell City Centre (BCC), filling the last remaining retail anchor space at the property and kicking off a new series of leases in 2024.
China Merchants Bank Extends Manhattan Office Lease at 535 Madison
Since originally joining the tenant roster at the Manhattan office property in 2008, the China Merchants Bank New York Branch has expanded its footprint to become the building’s largest office tenant.
Empire State Realty Trust Signs Full-Floor Tenant at 250 W. 57th St.
The Empire State Realty Trust signed a lease for 12,000 square feet of office space in its 250 W. 57th St. office property with a commercial real estate platform.
