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Top-Quality Assets Continue to Drive Leasing Activity, While Few Markets See Construction Starts
How did the largest office markets in the U.S. perform in August 2025? Read the highlights and deep dives on industry trends and insights in our full monthly U.S. office markets report.
Cambridge, Mass. Dominates Northeast Innovation Through Unrivaled STEM Talent, Business & Research Infrastructure
When an area displays a significant concentration of skilled professionals — particularly in fields like technology, science and engineering — along with the infrastructure to develop and employ top talent, it creates a powerful engine for economic growth and innovation on a much larger scale.
Sagard Real Estate Teams Up With Canadian Pension Fund for U.S. Industrial Investment
A Canadian pension fund has completed its first U.S. industrial acquisition through a new partnership with Sagard Real Estate, the property arm of the global asset management firm. Ontario Teachers’ Pension Plan and Sagard Real Estate purchased a 163,000-square-foot industrial space in Houston, according to a press release.
Law Firm Simpson Thatcher Joins Ikea at New Fifth Avenue Tower
Extell Development is close to a major deal as law firm Simpson Thacher & Bartlett is poised to lease a significant portion of its new Ikea-anchored tower at 570 Fifth Ave.
Historic Pittsburgh Street to Become Mixed-Use AI Hub
Office developers here hope that a higher concentration of AI-focused companies in this hub would attract more DoD contracts in the near future in one of the city’s most historic districts.
HFI Capital Buys Future Headquarters Office Property in Dallas
HFI acquired and is rebranding the Dallas office property as “The Capital Design District,” and plans to shape it for the use of financial, entrepreneurial, and business services firms.
SL Green Expands Manhattan Portfolio in $160 Million Deal
Manhattan’s largest office landlord, SL Green Realty, has agreed to acquire two new properties in a $160 million deal. The transaction for 346 Madison Ave. and the adjacent 11 E. 44th St. is expected to close during the fourth quarter of 2025. The seller was advised by JLL’s Drew Isaacson and David Giancola.
Faviana Reveals Plans for New Long Island City Warehouse
A new, seven-story, mixed-use commercial and manufacturing building is being planned for Long Island City, Queens. According to a recent filing with the New York City Department of City Planning, Faviana CEO, Omid Moradi, has submitted a rezoning application to develop the property at 31-10 and 31-16 Hunters Point Ave. The plan, submitted through the entity 31-10 Hunters Point, is to construct a new warehouse on the site that Faviana acquired for approximately $4.3 million in 2015.
Victoria’s Secret Opens New Flagship Store in Thriving Miami Lincoln Road Retail Corridor
Victoria’s Secret anchoring of the location represents a significant milestone for Miami’s vibrant shopping district, which continues to solidify its reputation as a world-class destination for fashion, lifestyle, and long-term real estate value.
Harbor Capital Buys Arlington, Texas, Industrial Property in Tight Submarket
Harbor plans to implement a focused capital improvement strategy, make property upgrades to support tenant renewals, and position the asset to capture market rent growth.
