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.

Licensed DC Dispensaries Target Unlicensed Competition
New DC Lawsuit Targets Unlicensed Cannabis Dispensaries, Alleging Harm to Legitimate Businesses.
Washington D.C. licensed dispensaries confront unregulated competitors in local market.
California Enacts Measure Restricting Large-Scale Warehouses, Industry Observers Note
California enacts broad warehouse development restrictions with Governor Newsom's signature.
California lawmakers pass measure limiting large-scale warehouses in state, industry reacts.
NAR Settlement Fund to Receive $30 Million Boost from New Opt-in Recipients
Plaintiffs seek preliminary approval for settlements with 28 entities, including 15 non-Realtor MLSs and 13 brokerages.
National Association of Realtors (NAR) settlement fund receives $30 million boost.
Caleb Williams Passes on $13M Lake Forest Mansion Purchase
Chicago Bears QB Caleb Williams' name in news, not for football, but due to false rumors about a Lake Forest mansion purchase.
NFL player Caleb Williams declines purchase of luxurious Lake Forest mansion.
South Loop Retail Property Sold at Deep Discount
Nassimi Realty acquires Joffco Square shopping center in Chicago's South Loop for 100,000 sq ft.
South Loop retail property sold at discounted price in Chicago real estate deal.
Fintech firm expands footprint in Manhattan's Flatiron neighborhood
Ramp fintech startup expands in Manhattan with 66,000 sq ft lease at 28-40 W 23rd St.
Fintech company expands presence in Manhattan's Flatiron District with new office building.
San Francisco Retail Portfolio Sold to Dallas Investor Group for $10.9 Million
Dallas-based investment group expands SF retail portfolio with $10.9M purchase of 11 Hayes Valley properties.
San Francisco retail portfolio sold to Dallas investor group for $10.9 million.
Skyscraper on Sixth Avenue gets eagle's perch with indoor golf partnership
New tenant amenities include a 12,000 sqft "tablecloth" restaurant as part of $45M upgrades.
Skyscraper on New York City's Sixth Avenue features an indoor golf facility.
Local official chosen to guide development at Snickers manufacturing facility
Future of Historic Mars Wrigley Factory Rests with Real Estate Veteran Dan McCaffery
Local official visits Snickers factory in [location], overseeing development plans.
Bridgewater Expands to New York City with First Office Lease
Bridgewater Associates Leases 60,000 Square Feet at Manhattan's Textile Building.
Bridgewater expands into New York City with first office lease announcement.
Thrive Living breaks ground on pioneering US Costco development with rooftop residences
Thrive Living breaks ground on nation's first Costco-anchored apartment complex in Baldwin Hills.
US construction site of Thrive Living's Costco development with rooftop residences breaking ground.
Ritz-Carlton Secures $210M Refinancing Following $55M Property Upgrade
Partners Group secures $210m refi deal for Ritz-Carlton hotel in Dallas suburb.
The Ritz-Carlton hotel secures $210M refinancing after $55M upgrade in luxury property.
Benderson expands South Florida retail holdings with $84M Midtown Miami acquisition
Benderson Development Expands Portfolio with $83.7M Acquisition of Midtown Miami Retail Center.
Benderson acquires $84M Midtown Miami property, expanding retail presence in South Florida.
LVMH Leases Four Floors in Manhattan's 590 Madison Avenue Building
Luxury brand LVMH leases 150,000 sq ft at 590 Madison Avenue, with potential for retail expansion.
LVMH leases four floors in iconic 590 Madison Avenue building in Manhattan.
Christie's Sells Mamaroneck Property for Record $29 Million
Christie's International Real Estate Group announces record-breaking $185M+ industrial sale in Westchester County.
Mamaroneck property sold at record-breaking auction by Christie's for $29 million.
Honigman Welcomes Jackie Cook as New Real Estate Services Partner
Honigman Welcomes Partner Jackie Cook to Real Estate Practice Group in Bloomfield Hills, Michigan.
Jackie Cook joins Honigman as new real estate services partner in Detroit.

market today

VNQ
$97.46
IYR
$101.89
SCHH
$23.19
XLRE
$44.705