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.
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.
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.
New Owner Swoops in to Save Downtown Denver’s The 410
The 410 office building offers occupants an excellent location in the heart of Denver that is easily accessible and surrounded by a wealth of amenities catering to all tastes and needs.
Mohr Signs Full-Building Tenant for Recovered Tornado-Stricken Warehouse in Indy Submarket
The largest structure in the Mohr Logistics Park, Building 6 offers 1 million square feet of class A industrial space in the well-connected Indianapolis submarket of Whiteland.
Mediplex Completes Redevelopment of Medical Office in Philadelphia Suburb
The redeveloped suburban Philadelphia medical office property brings modern outpatient healthcare services closer to the community.
New Uptown Dallas Office Tower Secures Construction Financing
Pacific Elm Properties’ new trophy Dallas office tower in the Uptown submarket is half pre-leased by the Bank of America.
Best Spots to Work Remotely in Seattle
Seattle’s evolving work culture reflects a shift toward more flexible work environments, blending its rich history with modern amenities to create perfect spots for remote work. From vintage…
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…
