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Drawbridge Realty Makes Splash in Nashville, Tenn., Office Market
Completed in 2017 as a build-to-suit for Bridgestone Americas, the tower includes 514,000 square feet of class-A+, LEED Gold-certified, Nashville office space.
The Benefits of Coworking Spaces
Coworking has shifted from a freelancer niche to a core tool of corporate real estate strategy. The U.S. now has nearly 9,000 active coworking locations covering more than…
May 2026 Industrial Report: Consequences of Iran Conflict Affect Industrial Sector
Higher energy costs ripple through the industrial sector and beyond, as global logistics and supply chains are feeling the various disruptions caused by the ongoing conflict in the Middle East.
Bank OZK Takes Hold of Distressed Santa Monica, Calif., Creative Office
Redcar Properties has turned over a trio of Euclid Street creative office spaces in Santa Monica, Calif., to its lender, Bank OZK, after defaulting on a development loan. The hand-over includes 1650 Euclid and two other parcels (1620 and 1630 Euclid), which were lot-tied to the three-story, 65,000-square-foot building, granting the lender control of the entire Euclid Street cluster.
Jamestown Signs Tech Tenant at Ponce City Market in Atlanta
Development management platform Northspyre joins a diverse roster of companies at Ponce City Market, including Airbus, FanDuel, Capital One, Sage, and CONA Services.
Construction Pipeline Continues to Bottom Out as AI Expansion Adds to Uncertainty in Office Sector
Expanded AI adoption possibilities hold sway over the future use of office space, as is demand for flexibility, which is likely to further boost the position of coworking space within the office sector, across top office markets in the U.S.
Extell Acquires Park Avenue Construction Site in $500 Million Deal
Extell Development has completed the $500 million acquisition of a block-long construction site at 405-417 Park Ave., marking the largest component of the developer’s growing Midtown assemblage. The prime Manhattan office space, situated between East 54th and East 55th streets, offers a potential rentable office capacity of up to 700,000 square feet.
Global Net Lease Completes $535 Million Merger with Modiv Industrial
For GNL, the acquisition represents a “compelling opportunity” to accelerate its transition toward earnings growth in 2026. CEO, Michael Weil, stated that the merger follows a deleveraging initiative and supports the company’s ongoing strategy to reduce office exposure. GNL’s current holdings are already heavily weighted toward industrial properties and distribution centers, which account for nearly half of its portfolio. Weil highlighted that Modiv’s mission-critical industrial assets would provide the durable, predictable cash flow necessary to meet GNL’s long-term objectives.
Michael J. Fox Foundation Moves Headquarters to RXR-Owned Building
The Michael J. Fox Foundation for Parkinson’s Research (MJFF) is preparing for a move to a new location in Midtown Manhattan, N.Y. The non-profit will occupy 68,958 square feet of office space at 530 Fifth Ave. — a 26-story office tower jointly owned by RXR and Sagehall since 2014.
Provident Nabs Memphis, Tenn., Industrial Portfolio
Provident Industrial’s acquisition incorporates more than 2.5 million square feet of Memphis industrial space across 13 buildings and represents a significant expansion of the firm’s holdings.
