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.

Google Leases Additional Space in Manhattan's Vornado/Related Tower
Google renews lease for 300,000 sq ft at 85 Tenth Avenue with $100/sq ft rent.
Google leases space in Manhattan's Vornado/Related Tower, expanding NYC presence.
Pike County Property Transactions for Fall Quarter
Transaction data sourced from Illinois RE Transfer Declarations; dates may vary, see PTAX for more info.
Pike County property sales and transfers during fall quarter highlighted.
Florida's Coastal Communities Face Threat of Devastating Storm Surge from Category 5 Hurricane
Estimated 500,000 homes in Tampa Bay and Sarasota areas face storm surge flooding risk due to Hurricane Milton.
Florida coastal communities threatened by category 5 hurricane storm surge disaster.
Texas Cities' Real Estate Development Timeline: 1944-Present
Plano ranks 33rd nationally, with some industries experiencing decreased development post-redevelopment efforts.
Texas cities real estate development timeline map from 1944 to present.
Tom Steyer's Real Estate Arm Warns of Insurance Risks in Commercial Properties
Joseph Sumberg, ex-Goldman Sachs MD, now with Tom Steyer, warns of commercial real estate bubble.
Tom Steyer's real estate company warns about insurance risks in commercial properties nationwide.
Harrison Street Secures $2.5 Billion for Student Housing, Data Center Investments
Chicago's Harrison Street Capital Partners raises $2.5B for student, senior housing and data center investments.
Harrison Street secures $2.5 billion investment in student housing and data centers globally.
CBRE Poaches Top Life Science Agents from Competitor in Bay Area
CBRE Appoints Life Science Agents Mary Hines and Jennifer Vergara as Vice Chairs
CBRE recruits top life science agents from competitor in San Francisco Bay Area.
Hurricanes Helene and Milton's combined damage may exceed $200 billion.
Tampa Bay Region Braces for Hurricane Milton Amid Ongoing Destruction from Hurricane Helene.
Two hurricanes, Helene and Milton, cause catastrophic damage in the Caribbean region.
Elliott Acquires Brickell Office Tower in $443M Deal
Elliott Investment Management completes $443M purchase of Brickell office tower.
Elliott acquires Miami's Brickell office tower in major $443 million real estate deal.
Allegro Capital Advances 41-Unit Development in Glendale
Allegro Capital Partners moves forward with 41-unit apartment complex near Glendale Metrolink station.
Allegro Capital construction team works on 41-unit development project in Glendale.
Nursing school leases entire building at former USAA site
Galen College of Nursing relocates San Antonio campus to accommodate growing demand for healthcare professionals.
Nursing students gather outside leased building on former USAA campus in San Antonio.
Commercial real estate tech firm Raise acquired by global services giant JLL
JLL Acquires Raise Commercial, a Go-To Brokerage for AI Companies in San Francisco.
JLL acquires commercial real estate tech firm Raise in strategic business deal.
Arcadia Cold Facility Underway in Northwest Indiana's Crown Point
Saxum Real Estate breaks ground on 322,600 sq ft cold storage project in Crown Point, IN.
Cold storage facility construction underway in Crown Point, Northwest Indiana.
Howard Hanna Real Estate Group Removed from PA Commission Case
Judge dismisses West Penn MLS case due to lack of evidence on rate-fixing conspiracy.
Real estate company Howard Hanna removed from Pennsylvania commission case investigation.
Blueprint Hospitality's Hotel Conversion Sinks Under Financial Burden
Former CPS Energy HQ faces foreclosure after hotel conversion plans collapse with developer Blueprint Hospitality.
Abandoned hotel conversion project in financial distress, Blueprint Hospitality's failed venture.
French-inspired Estate in Beverly Park Seeks $48.5 Million Buyer
A French Chateau in Beverly Hills' Post Office neighborhood tops LA's largest signed contracts, reports Eklund Weekly Luxury Report LA.
Beverly Park estate with French-inspired architecture seeks $48.5 million buyer.

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