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.

Chicago's affluent suburbs see record luxury home sales
Two Chicago-area homes set new price records: a $5.3M mansion in South Barrington and another in Arlington Heights.
Chicago area luxury homes sell at record pace in affluent suburban neighborhoods.
Alsym Energy to Anchor Exchange 200 with 60,000 SF HQ in Malden
Alsym Energy Signs 60,000 SF Lease in Boston-Woburn for Expanded Operations.
Alsym Energy headquarters building in Malden, Massachusetts, with 60,000 square feet.
Agarwal Group to Develop High-Rise Buildings on Former JCPenney Site
Austin-based firm proposes massive redevelopment of former JCPenney campus in Plano.
Agarwal Group develops high-rise buildings on former JCPenney site in downtown location.
Oakland Coliseum redevelopment project hits snag over missed $10M payment
Oakland demands payment from buyer of aging Coliseum after new deal is struck.
Oakland Coliseum redevelopment project halted due to missed $10 million payment.
LA County Approves $200M Purchase of Downtown Landmark Building
Los Angeles County's $200M plan to buy Gas Company Tower moves forward, potentially largest Downtown office deal this year.
LA County officials gather at downtown landmark building for historic $200 million purchase.
Allianz downsizes Chicago presence with Wacker Drive relocation
Allianz to lease 28,000 sq ft at 155 N Wacker, trimming footprint by 62%.
Allianz relocates headquarters from downtown Chicago to new Wacker Drive location.
LI Real Estate Deals: Key Transactions and Trends
Recent deals and developments in Long Island's commercial property market.
Real estate transactions and trends in Long Island, New York market analysis.
Philadelphia Office Values Plummet by $1 Billion
Philadelphia's government feels economic strain as Center City office values decline by over $1 billion from 2023-2025.
Philadelphia office building values decline sharply by $1 billion in market value.
Wilmington's Upton Crossing Lands Major 32K SF Industrial Tenant
Davis Companies Secures 10-Year Lease for Confidential Snack Food Company at Upton Crossing.
Wilmington's Upton Crossing industrial park welcomes major tenant with 32,000 square foot facility.
Boston Office Space Sees First Drop in Vacancy Rate in Five Years, According to New Data
Boston Office Vacancy Rates Decrease for First Time in Five Years, Driven by Tenant Expansions.
Boston office space vacancy rate drops for first time in five years.
Austin-Area Development Land for Sale on Hwy 29 in Georgetown, TX via Bankruptcy Auction
Hilco Real Estate Sales sets Nov 6, 2024, as qualified bid deadline for 403-acre Chapter 7 bankruptcy sale.
Georgetown, Texas land for sale on Highway 29 through bankruptcy auction process.
Elmington Acquires $97M Multifamily Portfolio from GBT Properties
GBT Realty sells Parke West apartment complex and retail parcel to Elmington Residential for $96.5M.
Elmington acquires $97 million multifamily portfolio in US real estate deal.
Sonder Seeks Survival Through Lease Renegotiations and Strategic Partnerships
Sonder seeks partnerships, negotiates with landlords to stay afloat amid financial concerns.
Sonder CEO negotiates lease deals and partnerships for business survival in San Francisco.
Unlocking Savings: 7 Strategies for Homebuyer Commission Negotiation
U.S. Average Real Estate Commission Rate: 5.32% Split Between Listing Agent and Buyer's Agent
Homebuyers negotiating real estate commissions with agents in various locations worldwide.
Recovering Fundamentals Boost These 3 REIT Picks
Interest rate cuts boost growth prospects for REITs like HHH, GRBK and FOR due to strong demand in select segments.
Three real estate investment trusts (REITs) with recovering fundamentals in various locations.
JFK Airport official's phone confiscated by authorities in investigation: insiders
State Investigators Seize Cellphone from Former Senator Over Real Estate Portfolio Concerns
JFK Airport official's phone seized by authorities during corruption investigation.

market today

VNQ
$97.11
IYR
$101.51
SCHH
$23.1
XLRE
$44.515