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.

Data Center Demand Booms as Tech Meets Real Estate Goldmine
Kevin O'Leary notes rising demand for data centers, calling them "real estate meets tech" with significant potential.
Data center with servers in high demand, tech and real estate merge.
NAR Dues Transparency: A Call for Clarity from a Journalist's Perspective
Debra Kamin calls for transparency on NAR's spending after sparking controversy with a New York Times exposé.
NAR journalist calls for clarity on dues transparency in real estate industry.
Broward County Developer Acquires Former Sears Site in North Miami for $28 Million
Midtown Miami developer Jon Samuel acquires shuttered Sears site in Broward County for $28M.
Broward County developer buys North Miami Sears site for $28 million.
Economists forecast reduced pace of interest rate reductions for next year
Economists predict slower interest rate cuts from the Federal Reserve next year.
Economists predict slower interest rate cuts in upcoming year.
Energy Corridor Complex Sold After Distressed Sale Process
Florida's Accesso Partners to sell Houston office portfolio valued at $26M.
Energy Corridor Complex sold in distressed sale, new ownership secured.
Proposed fee ban sparks fears of underground real estate transactions.
Landlords, brokers find ways to circumvent NYC's impending broker fee law through secret arrangements.
Image: Real estate agent exchanging cash in shadowy alleyway, fee ban impact.
Alt text: Real estate agent in alley exchanging cash, fee ban concerns.
Northwest Healthcare REIT Declares Q4 2024 Distribution Payment
Northwest Healthcare Properties REIT Announces Operations in North America.
Northwest Healthcare REIT announces Q4 2024 distribution payment, financial report.
Landlord-Tenant Disputes Highlight Systemic Failures
New York's courts let both problem tenants and landlords exploit loopholes, but with different consequences.
Landlord and tenant arguing in front of apartment building, highlighting systemic failures.
NYC Retail Leases: Fitness Frenzy Tops Big Deals
New NYC Retail Leases Bring Southern Comfort Food, Gyms, Pickleball Courts & More
Image: People signing fitness lease in NYC, part of retail leasing frenzy.
VanTrust Acquires Utah Land for Industrial Warehouse Development
New Warehouses Coming: 600,000ft² of Class A Industrial Space on Acquired Land.
VanTrust acquires land in Utah for industrial warehouse development.
EQT Exeter Acquires Henrico Warehouses in $90 Million Deal
Warehouses totaling 745,000 sq ft are fully leased to major tenants including WestRock, Veritiv, and Prime Meats.
EQT Exeter acquires Henrico warehouses in $90M deal, real estate transaction.
Commercial Real Estate Update: December 13, 2024 Edition
Downtown office building sells for $19M; 6,300-sq-ft Henrico lease tops local deals.
Image of bustling city skyline with skyscrapers, symbolizing commercial real estate update.
Midwest Quantum Computing Hub Clears Development Hurdle
Chicago City Council Approves 128-Acre Quantum Computing Campus on South Side.
Midwest Quantum Computing Hub advances, overcoming development obstacle.
San Jose fines developer $1 million over demolished historic church
San Jose imposes property liens on Z&L Properties over unpaid fines and abandoned church site.
San Jose fines developer $1 million for demolishing historic church.
Texas Lawmakers Block Rezoning of Notorious Shingle Dump Site
Texas Law Could Turn Zoning Victory into Nightmare for City Officials
Texas lawmakers block rezoning of notorious shingle dump site in local community.
Invesco Expands in Suburbs Following Last-Minute Asset Purchase
KORE Investments secures 70,000 sq ft lease extension with Invesco despite market downturn.
Invesco expands in suburbs with last-minute asset purchase, office building.
Denver Office Building Secures $4 Million Tax Credit for Mixed-Use Conversion
Shea Properties secures over $4M in federal tax credits for affordable housing conversion in southeast Denver.
Denver office building receives $4M tax credit for mixed-use conversion.
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