Industrial Sales Remain Level Despite Headwinds
Year-to-date industrial transactions now total $33.8 billion, which is on par with sales in the same period of 2024 and 2023, showcasing the sector’s durability even in the face of trade and policy headwinds.
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National Industrial Report
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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.
Fields West Signs 7 New Dining & Retail Tenants
The highly amenitized mixed use development has been successfully attracting tenants to its offering of retail space in Frisco, Texas, with the roster now counting 44 names and FIelds West up to 75% pre-leased.
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