Featured
Ares Forks Over $109 Million for 2 Miami-Dade Industrial Assets
Ares Management has closed a deal worth $108.7 million for two fully leased industrial warehouses in Miami(opens in new tab)-Dade County. The assets — previously owned by BGRE (formerly known as Brookfield Properties) — include a 230,147-square-foot distribution center at 3811 W. 108th St. in Hialeah, Fla., which fetched $65.3 million, and a 142,472-square-foot warehouse at 13190 NW 17th St. in Sweetwater, Fla., that sold for $43.4 million.
Pittsburgh Takes Top Spot Among Best Midsized Cities for Gen Z
As Gen Z moves into the years when careers are supposed to start and take off, holding onto that talent is a future investment. Consequently, cities that can…
General Atlantic Inks 150,000-Square-Foot Lease to Anchor 625 Madison
Related Companies secured a lease to anchor its 858,500-square-foot office space in Manhattan’s Plaza District. The tenant is General Atlantic, a global investment firm that’s set to occupy five floors totaling 150,000 square feet within the building upon its completion, which is scheduled for 2029. About one-third of the company’s global workforce (330 employees) will be working from 625 Madison Ave. once the move is completed. Â
August 2026 Industrial Report: Opposition to Data Centers Sparks Statewide Initiatives to Curb Construction
Opposition to data center expansion has been growing recently, as state and local governments take action to limit or halt new construction projects amid concerns about the sector’s impact on local communities and the environment.
SparrowHawk & Almanac Secure $236 Million Acquisition Loan for EQT Industrial Portfolio
SparrowHawk and Almanac Realty Investors have teamed up to acquire a 20-property portfolio spanning six markets and totaling 4.4 million square feet of industrial space previously owned by EQT and valued at $400 million. The deal was financed by a $236 million loan(opens in new tab) provided by PPM America and is structured as a five-year, fixed-and-floating-rate mortgage.
Comcast Moves Into New Times Square Office
Comcast sealed a 141,000-square-foot lease at 1540 Broadway in Times Square. The move marks a relocation and consolidation push from Comcast, which previously conducted its advertising sales and technology division’s operations from Shorenstein Properties’ 1407 Broadway and BGRE’s 55 W. 46th St.
More Office Markets See Dip in Vacancy, Pipeline Remains Modest, Medical Office Space Trends Toward Growth
Supported by favorable, long-term health care trends, such as the aging demographic and an increase in healthcare services demand, the medical office sector remains well-positioned for future growth, whereas traditional office space navigates widespread restructuring and consolidation in the face of weak demand.
Opportunity Maps: How Regional Labor Markets Shape Mid-Skilled Career Trajectories Across U.S. Metros
An analysis of regional U.S. labor market characteristics shaping career paths for mid-skilled workers, exploring how job flows, earning potential, and hiring practices vary across different metropolitan areas.
BXP Lands $1.2 Billion Construction Loan for Midtown Office Tower
Boston-based BXP’s planned 930,000-square-foot tower at 343 Madison Ave. has secured a $1.2 billion construction loan, a massive chunk of the estimated $2 billion needed to complete the development of 46-story prime office space in Manhattan, N.Y., situated near Grand Central Terminal’s Madison Concourse.
Major Industrial Deal: PCCP & Stonemont Acquire $1B+ Portfolio From Blackstone
A joint venture between PCCP and Stonemont Financial Group has officially finalized the acquisition of a massive, 5.9-million-square-foot industrial portfolio from seller Blackstone. The off-market transaction closed on July 29 for upwards of $1 billion with advisory services provided by Eastdil Secured. Financing for the purchase was arranged through debt from JP Morgan and Wells Fargo with Eastdil Secured advising on the debt execution, as well.
