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.

Tax Revaluations Boost Bills for Many, Lower Them for Some Office Landlords
Cook County Assessor Fritz Kaegi's commercial valuations in Chicago Loop fall short of addressing pandemic-era changes, say landlords.
Office landlords face increased tax bills in some areas, reduced others due revaluation.
Suburban community approves senior living development despite local zoning freeze
Monoceros expands senior living presence with 53,000-sq-ft addition at Plum Creek Supportive Living in Rolling Meadows.
Suburban community votes in favor of senior living project amidst zoning restrictions.
Alexandria REIT Closes $80.5M NoVa Medical Facility Sale
Property sold for nearly $50 million above its $31.2 million appraised value.
Alexandria REIT completes sale of Northern Virginia medical facility for $80.5 million.
Four Brokerages Reach Preliminary Settlement Agreements
Combined settlements totaling nearly $5 million resolve litigation for four firms with regional and national presence.
Four major brokerages reach preliminary settlement agreements in financial dispute.
Notion Secures SF Headquarters Location
Notion Rebounds in "AI Capital" with 105,000-Square-Foot SF Headquarters Lease.
Notion founders celebrate at new San Francisco headquarters location announcement.
Walton Street Acquires $19M Warehouse in Softer South Florida Industrial Market
Walton Street Capital buys Sunrise warehouse for $18.5M from Miller Property Group.
South Florida warehouse acquired by Walton Street for $19 million investment.
Judge Blocks Harry Macklowe's Exit from 432 Park Avenue Lawsuit Dispute
Harry Macklowe's Dispute Over 432 Park Avenue Continues Amid Allegations of Defects
Judge blocks real estate mogul Harry Macklowe from exiting 432 Park Avenue lawsuit.
Cross River Exceeds $1 Billion in Commercial Real Estate Lending Milestone
Nationwide loans support diverse real estate businesses across various asset classes.
Cross River reaches $1 billion milestone in commercial real estate lending nationwide.
DataBank secures $2 billion investment, launches Red Oak initiative
DataBank Expands Red Oak Campus with New Building, Key Element in Massive South-of-Dallas Development.
DataBank CEO announces $2 billion investment launch of Red Oak initiative globally.
Willowgrove Residential Trust Files Preliminary Prospectus for IPO
Plazacorp's Willowgrove REDT files preliminary prospectus with Canadian securities regulators.
Willowgrove Residential Trust files preliminary prospectus for initial public offering in Canada.
NYU Acquires Ownership of 770 Broadway Property
NYU Expands Portfolio with Long-Term Lease of 770 Broadway in Greenwich Village.
NYU acquires ownership of historic 770 Broadway property in New York City.
DFW Partnership Tackles Homelessness through Innovative Real Estate Solutions
Entryway North Texas connects at-risk families with job opportunities in multifamily communities.
DFW partnership tackles homelessness with innovative real estate solutions in North Texas.
Cambridge Multifamily Property Sold for $2.75M by Commercial Brokerage Firm
Marcus & Millichap Announces Sale of 7-Unit Multifamily Property in Cambridge, MA for $2,750,000.
Cambridge multifamily property sold for $2.75 million in Massachusetts real estate deal.
Skanska Completes Josiah Quincy Upper School Project in Boston
Skanska Completes Construction on Josiah Quincy Upper School in Boston's Chinatown District
Skanska completes construction on Josiah Quincy Upper School in downtown Boston.
JLL Finalizes Recapitalization of $725M Seniors Housing Portfolio
JLL Arranges Recapitalization of $725M 20-Asset Seniors Housing Portfolio Across US Regions.
JLL completes recapitalization of $725 million seniors housing portfolio nationwide.
Hexagon Properties Recognized as a Leading Woman-Owned Business in Massachusetts
Hexagon Properties Named One of Top 100 Women-Led Businesses in Massachusetts by The Boston Globe.
Hexagon Properties CEO recognized as leading woman-owned business leader in Massachusetts.
JLL's Value & Risk Advisory Platform Names Corey Gustafson Boston Leader
JLL's Value and Risk Advisory platform hires Corey Gustafson as Executive Managing Director.
Corey Gustafson named leader of JLL's Value & Risk Advisory in Boston.
Woburn Welcomes Beloved Boston Eatery with Anna's Taqueria Arrival
Anna's Taqueria Brings Boston Flavor to Woburn's Washington Street Corridor
Woburn welcomes Anna's Taqueria, a popular Boston eatery, with grand arrival celebration.

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