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.

Baird & Warner resolves lawsuit over buyer agent commission practices
Chicago-area powerhouse files settlement agreement in Gibson/Umpa case on same day as NAR/HomeServices.
Baird & Warner settles lawsuit regarding real estate buyer agent commissions nationwide.
Boston Brewery Sells Operations for $10 Million
Change brews at Dorchester Brewing as co-founder sells to new owner for $10.2M.
Boston brewery sold to new owners for $10 million in cash deal.
Morgan Lowers Alexandria Realty Outlook Amid Weakening Biotech Leasing Trends
Key market oversupply in areas like South San Francisco and Boston will be slow to resolve.
Morgan Stanley lowers Alexandria Realty outlook due to weakening biotech leasing trends.
Pacoima DMV site to become mixed-use apartment complex
Kevin Brunk's 246-apartment project approved for Pacoima site, replacing old DMV with grocery store and housing.
Pacoima DMV location transformed into mixed-use apartment complex under construction in Los Angeles.
Tempe Waterfront Village Secures $35 Million Investment
McBride Cohen Management Group raises $35M for 2nd phase of $4B Tempe retail village.
Tempe waterfront development secures $35 million investment in Arizona desert landscape.
Former Chicago Bear's development project focuses on Motor Row with a hotel centerpiece
Former Chicago Bear Israel Idonije revamps Hudson Motor Building into 154-room boutique hotel.
Former Chicago Bear's development project in Motor Row features a luxury hotel.
Hong Kong Stocks Decline Amid Lingering US Trade Tensions
Asian markets mixed: Hang Seng falls 1.08%, Nikkei rises on rate cut hopes, ASX 200 hits new record.
Hong Kong stock market declines amidst ongoing US trade tensions uncertainty.
Longpoint Acquires $331M South Florida Warehouse Portfolio from Blackstone Group
Longpoint Realty Partners Acquires $331.3M Blackstone Warehouse Portfolio in South Florida.
South Florida warehouse portfolio acquired by Longpoint for $331 million from Blackstone.
Riverside Office Park Sold to Dunbar for $19 Million
Dunbar Real Estate buys 138,700-sq-ft business park in Riverside for $19M.
Dunbar purchases Riverside office park in California for $19 million sale.
Greg Bialeki's Lasting Impact: From Real Estate to Life Sciences in Massachusetts
Bialecki's legacy: New roads, relaxed zoning, and thousands of biotech jobs created under his leadership.
Greg Bialecki, Massachusetts business leader, transitions from real estate to life sciences.
Oakland Investor Acquires Office Complex at $65 per Square Foot
Oakland Landlord Affiliate Lands Office Complex at Reduced Price of $13 Million.
Oakland investor purchases office complex at $65 per square foot in California.
Blackstone Settles Tenant Lawsuit for $15 Million Over Rent Disputes
Blackstone pays $15M to settle rent-stabilization overcharge claims at NYC's Parker Towers.
Blackstone settles tenant lawsuit in New York City over rent disputes.
Elie Schwartz Charged with Federal Crimes in Nightingale Case
Nightingale Properties CEO Elie Schwartz Faces Arraignment Amid DOJ Probe and Expected Federal Charges.
Elie Schwartz arrested on federal charges related to Nightingale case investigation.
Toronto Fall Real Estate Market Slows Down
Toronto area sales momentum: Did October's uptick persist into November?
Toronto real estate market slows down amidst autumn season slowdown.
Parkview initiates foreclosure proceedings at Yonkers property
Yonkers Self-Storage Facility: A Once-Foolproof Investment Now Threatened by High Costs and Interest Rates.
Parkview forecloses on Yonkers property, initiating legal action against owner.
Multifamily Growth Outpaces Housing Shortage Despite 54% Increase
Multifamily units surged 54% since 2005, outpacing single-family home growth at 16.7%.
Multifamily housing growth surges in US cities despite severe housing shortage.

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