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.
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…
COVID-19’s Impact on Commercial Real Estate
The economy was on a roll in February. Even as the severity of the pandemic was taking shape in China, the U.S. remained on the upswing. But, since then, the economy,…
Skanska Lands $32M Contract for Regeneron Sleepy Hollow Office Build-Out
Construction on the project began in March of this year and completion is estimated for July 2021. The $32 million contract is for the interior fit-out of an approximately 200,000-square-foot space, and includes upgrades to the existing building.
The Evolution of Work-from-Home
Working from home (WFH) isn’t some unique idea that just recently appeared. Telecommuting has been around since we’ve been able to communicate and conduct business at a distance. But, its recent explosion in popularity — whether that be out of...
