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.
Yardi Launches Mortgage Relief, a Homeowner Assistance Fund Software
Yardi Systems — an internationally trusted property management technology company — recently announced the launch of Mortgage Relief, an intuitive Homeowner Assistance Fund software. Targeted toward state agencies…
Expert Roundup: Mental Health Experts on Employees Returning to the Office
As companies increasingly begin to reopen post-pandemic, most employees wonder what going back to the office might look like from now on. And, as workers question the new…
One Town Center Sells in Boca Raton’s Largest Office Deal of 2021
Prime US REIT paid $99.5 million for One Town Center, an office building located in Boca Raton’s retail district, along North Military Trail, Previously owned by a joint venture between CP Group and Siguler Guff, the property went for roughly $514.40 per square foot, making it the largest office deal in 2021 for the Boca Raton market.
Newmark Leads $147.5M Refinance of Presidents Plaza in Chicago
Newmark arranged a refinance of Chicago office space property Presidents Plaza on behalf of Angelo Gordon and Glenstar Properties for $147.5 million from Bank of America. The two Class A adjacent properties each consist of two towers and a three story atrium connecting them.
Return to the Office: Keeping the Workspace Safe & Healthy in 2021
Companies the world over are learning how to ensure an adequate environment for employees. Here are a few ways in which we can each contribute to creating a safe and healthy shared workspace.
43,000 Square Feet of Office Space Leased at 505 Fifth Ave., Brokered by JLL
Pharmaceutical company Mesoblast, investment bank Brean Capital and broker-dealer Brownstone Investment Group all signed multi-year leases at 505 Fifth Ave in Midtown Manhattan, totallying nearly 43,000 square feet of office space.
The 10 Best U.S. Metros for the Up-and-Coming Generation Z
Generation Z, the iGeneration, Post-Millennials, Zoomers … known by a variety of names, the generation following Millennials is now reaching adulthood, settling down and already making an impact….
Wafra Secures $500 Million Construction Loan for 111 Wall St
The loan will fund a complete overhaul of 111 Wall St. led by Studios Architecture and will last approximately two years. The building will be outfitted with the latest in touchless and smart-building technology.
Experts Discuss What the Future of Office Spaces Will Look Like
Feldman Equities Acquires Fort Lauderdale Office in $59 Million Deal
Feldman Equities closed a $59 million deal for a Pinnacle Corporate Park in Fort Lauderdale, Fla. The seller — a joint venture between DRA Advisors and Banyan Street Capital — received roughly $226 per square foot for the property, a record price for the Cypress Creek submarket in the last decade.
