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.

Manhattan Office Market Sees Summer Surge in Activity
Manhattan office landlords may be disappointed as tenants signed leases for 23.1M sq ft in Q3, up 25.1% from last year.
Manhattan office market sees surge in activity during summer months.
Palm Beach luxury condo sells for historic $16 million price tag
Construction moguls Rod and Gregory Oneglia sell Palm Beach condo for $15.7M, setting Kirkland House price record.
Palm Beach luxury condominium sold for record-breaking $16 million in Florida.
NYC Luxury Condos Secure Record $1B Loans in August Deals
Blockbuster Loans Boost Luxury Condo Developments Despite Lackluster Month
New York City luxury condos secure record-breaking $1 billion loans in August.
JLL Enhances Client Experience through Leasing Technology and Strategic Acquisitions
JLL Announces Agreement to Acquire Technology-Powered Brokerage Raise Commercial Real Estate
JLL professionals using leasing technology at a commercial office building in Chicago.
Argyle Real Estate Appoints Mike Cacciatore as Partner for Strategic Expansion
Argyle Real Estate Partners Announces Multifamily Acquisitions in Southeast and Texas
Argyle Real Estate executive Mike Cacciatore appointed partner in strategic expansion plans.
Forager Real Estate and Sherway Group Complete Guelph Industrial Development
Artist's Rendering: Midwestern Logistics Facility, 426 Clair Rd W, Guelph, ON (J. Mireles / Hey Visual)
Guelph industrial development completed by Forager Real Estate and Sherway Group partnership.
Construction Costs Increase for Seventh Consecutive Month in October
Construction input prices increased 0.3% in October 2024, per ABC's PPI analysis with US BLS data.
Construction workers on site amidst rising costs, with building materials in background.
Boston Office Market Hits Historic Low Amid Increased Activity
Boston's office market sees record-high availability despite doubling leasing activity.
Boston office market vacancy hits historic low amidst increased commercial activity.
SolarBank's Fiera Real Estate Partnership Reaches Final Stages
SolarBank completes 1.4 MW Calgary project with Fiera Real Estate, advancing Alberta's clean energy goals.
SolarBank executives in meeting with Fiera Real Estate officials in downtown office building.
Third-Party Transfer Controversy Revisited
City considers reinstating contentious property transfer program criticized for racial bias.
Football players in transfer controversy at European stadium during heated negotiations.
Scenic Hill Solar Acquires Land for Renewable Energy Projects
Columbia County Real Estate Transactions: $100,000+ Deals Recorded August 27-September 30, 2024
Scenic Hill Solar acquires land in [location] for renewable energy projects development.
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.

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