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.
Simon Property Group to Acquire Taubman Centers Inc. in $3.6 Billion Deal
The nation’s largest mall operator, Simon Property Group, will acquire Taubman Centers Inc. in an all-cash deal. Simon will reportedly pay $52.50 per share for an 80% stake…
Expert Insights: Andrea Davis Discusses Arizona CRE
Andrea Davis, leading expert in the commercial real estate industry, has over 20 years of industry experience in helping thousands of businesses find their dream office. She is…
Manhattan Office Sales Dip 12% Y-o-Y in Q4 2019
Sales activity in the Manhattan office market decreased 12% year-over-year, with total sales volume dropping to just under $2.8 billion. After gaining significant traction in Q3, Manhattan office…
Whittle School Signs Lease for Tishman’s Recently Completed 620K SF Brooklyn Office Space
The Whittle School―a private school founded by former Esquire magazine Chairman Chris Whittle―has signed a 20-year lease for 620,000 square feet of office space at the Wheeler complex…
NYC Developer to Buy Iconic Transamerica Pyramid in San Francisco
San Francisco’s Transamerica Pyramid Center is set to be sold for the first time since it’s completion. Michael Shvo, a New York developer, is leading a group that…
Decade in Review: Office Building Sales Total $873 Billion Since 2010
Industrious Signs Lease in Midtown Manhattan
Industrious has secured 60,000 square feet at 135 West 50th Street in the heart of Manhattan. The flexible office company signed a deal with landlord George Comfort &…
Expert Insights: Camille Renshaw Discusses The World of CRE
For our latest Expert Insight series, we had the pleasure of chatting with Camille Renshaw, CEO and Co-Founder of B+E (or Brokers and Engineers Net Lease) – one…
What It Costs to Rent in the Top 10 Cities for Startups in the U.S.
Back in June, CommercialCafe came out with the Top Cities for Startups in the United States, in which we analyzed data of the 50 most populous cities in…
Top 50 US Office Sales of 2019: Google’s Real Estate Empire Keeps Growing
We analyzed the top 50 U.S. office deals of 2019, and the results show an increased investor appetite for trophy assets outside of New York City. In particular,…
