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.

Weekly Real Estate Recap: Sept 9-13
Newport Real Estate Transactions: September 9-13 Sponsored by Hogan Associates
Real estate market trends and sales data for September 9-13 nationwide.
Historic Miami Beach mansion of Continental Bank founders sells for $27 million
Miami Beach waterfront mansion, listed for nearly $27 million, sells to buyer after being marketed by Eklund-Gomes.
Vintage Miami Beach mansion sold for $27 million, former home of Continental Bank founders.
Local Professional Relocates to Augusta with Diverse Backgrounds
John Reid Born: Feb 12, 1844, near Kingston, Canada to David and Olive Powley Reid.
Professional relocating to Augusta, Georgia, with diverse backgrounds and expertise.
Three High-Yield REITs with Dividends Above 5%
Investing in solid REITs like CCI and VICI offers easy access to passive income and diversified portfolios.
Three high-yielding real estate investment trusts (REITs) with dividends above 5% yield.
Ventas acquires South Florida hospital for approximately $37 million
Ventas Expands South Florida Hospital Portfolio with $37M Palm Beach County Acquisition.
Ventas acquires South Florida hospital in $37 million deal.
Broadway Pig Stand site to be redeveloped into AC Hotel
New 211-room AC Hotel planned for mixed-use development north of downtown San Antonio.
Construction equipment at former Broadway Pig Stand site in downtown Austin, Texas.
Rate Cuts May Trigger Commercial Property Market Surge
Lower interest rates' full benefits for real estate investments hinge on the Federal Reserve's successful "soft landing".
Central bank rate cuts boost commercial property market with potential surge ahead.
Texas State Bar invests in $20M expansion of iconic downtown Austin landmark
The State Bar of Texas plans to build a $20M education center near the Capitol Building.
Texas State Bar invests in downtown Austin landmark's $20 million expansion project.
OpenAI occupies 350K sf space at San Francisco's Mission Bay campus
OpenAI to occupy 315,000 sq ft former Old Navy HQ in San Francisco's Mission Bay.
OpenAI occupies large office space at San Francisco's Mission Bay campus.
Bridgehampton's last US Kmart store closes its doors permanently
Kmart's Bridgehampton store to close in October, marking an end to a significant chapter of America's retail history.
Abandoned Kmart store on Long Island's Bridgehampton highway closure announcement.
Developer Secures Prime Land in Richland Hills with Favorable Zoning Regulations
Fort Worth Investment Firm Sells 4 Acres East of City Limits to Local Businessman's Entity.
Developer purchases prime land in Richland Hills with favorable zoning regulations.
MacKenzie CRE Services Welcomes John Michael as Bel Air-Based Real Estate Advisor
John Michael joins MacKenzie Commercial Real Estate Services as part of The MacKenzie Companies' brokerage division.
John Michael joins MacKenzie CRE Services in Bel Air as real estate advisor.
New York City high-end sales surge in September
Co-op steals spotlight in Manhattan luxury market with high-end sales.
High-end retail sales skyrocket in Manhattan's upscale shopping districts in September.
Christopher Hildebrandt: A Pioneering Figure in Cincinnati's Real Estate Landscape
Christopher Hildebrand, a prominent entrepreneur and real estate developer, transforms Cincinnati's urban landscape.
Portrait of Christopher Hildebrandt, prominent real estate figure in Cincinnati, Ohio.
Worth Real Estate taps seasoned investor as inaugural fund manager
Worthe Real Estate Group hires Chris Graham as CIO for its debut fund, Worthe Fund 1.
Worth Real Estate appoints experienced investor as inaugural fund manager in New York.
San Francisco office vacancies surge to historic 37% high
San Francisco Office Vacancy Hits Record High at 37%, Yet Available Space Remains Flat.
San Francisco skyline with empty office buildings, 37% vacancy rate sign.
Toscana Divino Returns to Key Biscayne: Coral Gables Gets a Holiday Pop-Up
Toscana Divino Reopens as Pop-Up on Key Biscayne After Leaving Mary Brickell Village.
Tuscany-inspired pop-up returns to Key Biscayne with holiday offerings in Coral Gables.
Small business owners miss out on monetary policy benefits
Federal Reserve's rate cut brings relief to commercial real estate owners, but may come too late for some.
Small business owners in various locations missing out on monetary policy benefits.
JLL Welcomes Back Veteran Executive Iker Belauste as Vice President
South Florida real estate firms boost leadership with key hires, including Iker Belauste's return to JLL.
Iker Belauste returns as Vice President at JLL real estate company headquarters.

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