REAL ESTATE NEWS - Commercial Real Estate

Stay informed about the commercial real estate market, with a focus on office spaces, retail locations, industrial properties, and large-scale developments.

KKR Invests Heavily in Vacant Seattle Life Science Facility
KKR pays $161.8M for Seattle lab, seeks $7.2M upgrade to lure tenants amid falling prices.
KKR invests heavily in vacant Seattle life science facility with significant renovations underway.
Music Mogul McG and Singer John Mayer Acquire Iconic Hollywood Film Set
John Mayer and McG Buy Jim Henson Company Lot in Hollywood for $40 Million.
Music mogul McG and singer John Mayer acquire historic Hollywood film set property.
Developer Nate Paul sentenced to 10 days in jail for contempt of court proceedings
Austin real estate investor Nate Paul ordered to serve 10-day jail sentence for contempt of court.
Nate Paul, developer, sentenced to 10 days in Texas jail.
Mitigating Hurricane Risks in Commercial Real Estate Lending
Hurricane season highlights climate risks for commercial real estate lenders
Commercial real estate lenders assess hurricane risks on coastal properties nationwide.
Sun Belt Real Estate's Hidden Gem: EastGroup Properties' Unlikely Rise
EastGroup: Strengths, Management & Financials at a Glance in 12 Minutes or Less
EastGroup Properties CEO rises in Phoenix real estate market amidst economic growth.
Elo Organization Acquires Midtown West Class B Property
Jack Elo's Elo Organization buys 1920s office building at 21 West 46th Street, defying investor trend.
Elo Organization acquires Class B property in Midtown West neighborhood.
Local Property Firm Unveils New Location
Elevate Texas Real Estate hosts grand opening event on Fri., Nov. 22, 11 a.m.-2 p.m. at 1536 W. Stan Schlueter Loop, Killeen.
Local property firm opens new office in downtown city center area.
New Office Development in San Francisco's Jackson Square Continues to Progress
San Francisco's Jackson Square office building sells for undisclosed price after being reappraised at $13.3 million.
San Francisco's Jackson Square office development construction site with cranes and scaffolding.
Houston Office Building Hits Market Amid Distress
Troubled Houston Office Building Hits Market After Loan Value Dip
Houston office building listed for sale amidst financial distress and market uncertainty.
Flagship REIT Names Two New Trustees to Its Board
TORONTO, Nov. 13, 2024 - Flagship Communities REIT Announces [Insert Key Information]
Two new trustees appointed to flagship real estate investment trust board.
Zell's company sells Austin office portfolio at significant financial loss
Equity Commonwealth posts $50.2M loss from Austin office sales as part of corporate wind-down.
Real estate mogul Sam Zell's company offloads Austin office buildings with substantial losses.
NAR Settlement Faces New Obstacles, Woes Mount for Hanna
Law Professor: Court lacks authority to compel in-person attendance; Howard Hanna's dismissal appeal underway in Pennsylvania.
NAR settlement faces new obstacles in Washington D.C., Hanna's troubles escalate.
Trump's presidency brings mixed results for US real estate market
US President-elect's policies spark debate on potential impact on real estate recovery.
US President Donald Trump stands in front of a New York City skyscraper.
New York Attorney General charges Craig Nassi with fraud in Fort Greene development scheme
BCN Development's Craig Nassi allegedly performed unauthorized structural work on Brooklyn building.
New York Attorney General charges Craig Nassi with fraud in Brooklyn's Fort Greene.
Canada's Real Estate Landscape Evolves: Harnessing AI for a Brighter Tomorrow
Yardi welcomes over 1,000 attendees to YASC Canada 2024, marking its Canadian return after 20+ years.
Canadian real estate professionals use AI technology in modern urban landscape.
Richardson Business Campus Sold to Local Dallas Company
Dallas-based Provident Realty Advisors acquires 807,354-sq-ft office campus in Richardson.
Dallas-based company purchases Richardson business campus in major local real estate deal.
Verizon renews large NYC lease for 60 Hudson Street data center
Verizon Signs Largest Lease in Downtown Manhattan at 60 Hudson Street: 172,000 sq ft renewal.
Verizon renews lease at 60 Hudson Street in New York City.

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