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.

Truist Joins Vista Equity & Meta at 50 Hudson Yards

Truist Financial will join a select list of tenants — comprised of the likes of Meta, Vista Equity Partners and ServiceNow — at the soon-to-be-completed 50 Hudson Yards in Midtown Manhattan. Even before construction began on 50 Hudson Yards, the building was already attracting the attention of major players. Social media giant Meta signed in 2019 and also has space at other Hudson Yards properties, while BlackRock had agreed to move its headquarters to the skyscraper as early as 2016.

Bright MLS Inks Deal for 13KSF in Bethesda

The Bethesda office space is part of a 24-acre, mixed-use development that also includes 765 apartments, 99 condos, and a 177-room hotel, as well as 80,000 square feet of additional office space and more than 40 retailers. Notably, the campus also provides access to event spaces, such as the private dining options at Owen’s Ordinary and Summer House, as well as the ballrooms at Canopy by Hilton and Pinstripes.

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Flexible Workforce Demand Drives Growth of Coworking Sector

Working from home and working near home since the 2020 lockdown have sustained and even lifted the coworking scene nationwide, pegged to be the first commercial real estate sector to fall victim to pandemic physical distancing.

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Expert Insights: Sara Malek Barney Discusses Office Interior Design

For this installment of our Expert Insights series, we sat down with Sara Malek Barney, founder and principal interior designer of BANDD/DESIGN Studio in Austin, Texas. A University…

Home Depot Leases 500,000 Square Feet at Duke Realty Warehouse in LA County

Home Depot inked a lease deal that will allow it to fully occupy Duke Realty’s newly built smart industrial building in Los Angeles County. The 529,866-square-foot Irwindale, Calif., industrial space is equipped with a building automation system (BAS), smart metering system, solar panels and high-efficiency air conditioning units.

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Expert Insights: Christine Mastandrea Discusses Texas Commercial Real Estate

For our latest expert interview, we discussed the Texas commercial real estate market with Christine Mastandrea, adjunct professor in management – real estate at the Jones Graduate School…

Kaufman Borgeest & Ryan Signs New Lease Deal for Midtown Office

Law firm Kaufman Borgeest & Ryan recently closed a 15-year lease deal at Global Holding’s 875 Third Ave. The company will occupy 27,000 square feet of prime Manhattan office space located between East 52nd and East 53rd streets, marking a significant downsizing from its current 48,000-square-foot lease at Silverstein Properties’ 120 Broadway. The move reflects a wider trend of companies adjusting their office space needs to accommodate employees’ preferences for flexible work schedules.

Yardi Announces Launch of CoworkingCafe.Com

Yardi recently announced the launch of CoworkingCafe.com, a new platform for researching and booking coworking spaces offering a seamless experience for freelancers and operators alike. Yardi also announced the acquisition of CoworkingMag.com, the go-to source for any information regarding coworking.

WeWork in Partnership with Yardi Launches WeWork Workplace: An End-to-end Platform for Employee Experience and Workplace Management

WeWork today announced the official debut of WeWork Workplace, a new space management solution built in partnership with Yardi, the leading provider of real estate software.

Top 20 US Metros for Life Science Companies in 2022

We ranked the top 20 U.S. metros for life science companies to start or scale their business in 2022, using up-to-date Yardi Research Data life science real estate information, and the most recent Census and BLS reports on local labour and talent pools.