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.
Managing an Office Move: 5 Classic Mistakes
Whether you are moving the office a couple of blocks down or to a new city, an office move is a big undertaking. It might seem that there…
GI Partners, CalPERS Buy Bay Area Biotech Office for $81M
Private investment firm GI Partners and the California Public Employees Retirement System have acquired the offices of a biotech company in Redwood City, Calif. The joint venture added…
ABS Partners Signs 29,400 Square Feet Across Six New Leases in Midtown
New York City-based real estate firm ABS Partners Real Estate recently announced six new leases signed in Midtown South. The area — which features boutique, well-maintained buildings with full-floor and pre-built suites — has been in demand for years, and ABS Partners isn’t seeing any signs of slowing down….
SL Green Starts Q2 Strong with 107KSF Office Leases
Two of the Manhattan office leases are at One Vanderbilt, bringing occupancy at the new supertall skyscraper up to 67%. CBRE represented SL Green in these deals.
Kaufman Astoria Studios Set to Open New Office & Production Space in Queens
The ongoing COVID-19 outbreak has halted the progress of several commercial real estate projects in New York City. One of them is the latest addition to Kaufman Astoria’s…
FirmVO Takes Manhattan, Signs Full-Floor Office Lease in TriBeCa
FirmVO operates virtual and short-term rental law offices in seven major legal hubs across the country. The company’s new Broadway location is within walking distance of pretty much all New York courts.
Landmark Dividend Buys PayPal’s Phoenix Data Center in $122M Deal
The data campus includes three data center buildings and an office area, which were constructed between 2010 and 2014, with roof capacity loads of up to 1.4 million pounds.
Expert Insights: Brenna Wadleigh of N3RE on CRE During COVID-19
Brenna Wadleigh: “The bright side is that we’re not overbuilt, lenders and borrowers are in much better shape than before the Great Recession, and the entrepreneurship that emerged out of the previous recession really positioned us well for recovery from COVID-19.”
Expert Roundup: Mental Health Support, Isolation Coping Tips, Working from Home
Equus-Owned Falls Church Office Fetches $52 Million in Sale Arranged by NKF
Last week, Philadelphia-based Equus Capital Partners finalized the sale of its 274,690-square foot Falls Church office space. The six-story building at 8111 Gatehouse Road went for $52 million…
