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.

Lisle Suburban Redevelopment Deal Falls Through Again
Redevelopment of Family Square Plaza in downtown Lisle stalls as new developer abandons plans.
Lisle suburban redevelopment deal fails, causing setback in progress.
Jackson Square Office Sale Raises Doubts Amid Optimism
Jackson Square office market shows signs of strain despite being a relative beacon in distressed San Francisco market.
Jackson Square office sale raises doubts, conflicting with optimism, building exterior.
US homeowners seek reimbursement of $183 million in overpaid taxes
Triple Five Group sues East Rutherford, NJ, seeking $183M tax refund from American Dream megamall.
US homeowners filing for $183 million tax reimbursement, seeking compensation.
New Developments Coming to Mountain View Center
High-profile shopping center attracts top brands with new store, dining, and cinema additions.
Mountain View Center renovation plans announced, rendering of updated building.
Kylli transitions to residential use at 2,600-unit Santa Clara urban development
Kylli gets approval to build 2,600-home urban village in Santa Clara with residential focus.
Kylli urban development in Santa Clara transitions to residential use
Energy investor acquires land along planned highway corridor
Dallas oilman's real estate firm acquires 375-acre parcel in Grayson County.
Energy investor buys land near future highway route for development.
D.C. Landmark Church on Verge of Major Revitalization Project
Historic Church in Adams Morgan Faces Demolition for Nine-Story Condo Development
Historic D.C. church undergoing revitalization project, potential landmark restoration.
Agency Expands Footprint in Chicago's Merchandise Mart Building
Highdive Advertising expands to larger space at Merchandise Mart despite industry trend of shrinking office footprints.
Agency expands presence in Chicago's Merchandise Mart with new office space.
Alexandria invests in massive Seattle biotech initiative
Alexandria Real Estate Equities expands Seattle "mega campus" with $280M redevelopment of historic site.
Alexandria invests in Seattle biotech initiative, large lab facility construction.
TF Cornerstone Secures $448M Refinancing for Brooklyn High-Rise Complex
TF Cornerstone's quiet success at Pacific Park capped by $448M permanent loan.
TF Cornerstone secures $448M refinancing for Brooklyn high-rise complex, financial district.
Brookfield acquires $1 billion in Valley Bank real estate loans
Valley National Bank sells $1B in property loans to Brookfield Asset Management.
Brookfield acquires $1 billion Valley Bank real estate loans, financial transaction.
Mixed-Use Project Secures City Incentives for $500M Development
Developers of Providence Square redevelopment inch closer to securing $6.9M in tax incentives.
Mixed-use project receives city incentives for $500M development in urban area.
ACRE Program Achieves Diversification Milestones, Yet Opportunities for Growth Persist
The ACRE Program Provides Career Pathways in Milwaukee's Commercial Real Estate Industry
ACRE Program diversification milestones reached, growth opportunities remain.
TF Cornerstone and Dune RE Partner on $1B Office Conversion Fund
Alta Residential targets high-barrier-to-entry areas in transit-oriented neighborhoods.
TF Cornerstone and Dune RE partner on $1B office conversion fund.
Independent Review Suggests Enhancements for Prominent Property Initiative
ACRE's efforts have reduced racial disparities, but require further mentorship support, a new report suggests.
Independent review recommends improvements for popular property program.
R2, JDI Acquire Suburban Innovation Hub at Reduced Price
R2 Companies expands local holdings with 1M sq ft office and research complex purchase in Libertyville's Innovation Park.
R2 and JDI purchase suburban innovation hub at discount.
Luxury Hotel Group Eyes NYC Expansion Amid Ambitious Growth Plans
Relais & Châteaux expands NYC presence with iconic restaurants, imminent hotel additions.
Luxury hotel group plans NYC expansion, ambitious growth.
Dune and TF Cornerstone Unveil Billion-Dollar Office-to-Residential Conversion Project
Dune Real Estate, TF Cornerstone form $1B joint venture for office-to-resi conversions nationwide.
Dune and TF Cornerstone reveal billion-dollar office-to-residential conversion project rendering.
Priced to Sell? A $400M Office Conversion Raises Questions
Atlanta Office Tower to Undergo $400M Conversion to Residential Space.
$400M office conversion project raises questions about pricing and viability.

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