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.

Santa Monica Place's Value Plummets to $255M Amid Sale Efforts
Santa Monica Place's value drops 35% to $255M amid owner's sale efforts.
Santa Monica Place shopping mall valuation drops significantly amidst sale negotiations.
Suburban Denver site readies for redevelopment of former 92-acre hospital property
Voters pass Measure 2C, allowing redevelopment of 92-acre former hospital campus in Denver suburb.
Former 92-acre hospital property in suburban Denver prepares for redevelopment.
Developer proposes $400M revitalization project for Mastic Beach area
Long Island builder presents plan to revitalize Mastic Beach's downtown area.
Mastic Beach developer presents $400 million revitalization plan with local officials nearby.
Heritage Real Estate Group Changes Hands in Recent Transaction
Heritage Real Estate Group in Yakima sold to John L. Scott Real Estate.
Heritage Real Estate Group logo changes hands in recent corporate transaction.
Miami Investor Secures $8.9M Judgment in Foreclosure Case Against Office Building Owner
Miami Beach investor secures $8.7M foreclosure judgment on 12-story Coconut Grove office building.
Miami investor wins $8.9 million judgment against office building owner in foreclosure case.
Chicago Investor Sued for Alleged $34 Million Mismanagement
Shangxuan Tan's debts grow as lawsuits pile up, threatening his real estate empire.
Chicago businessman sued for alleged mismanagement of $34 million investment funds.
Iconic NYC Theater on Market After Years of Neglect
Metro Theater on Upper West Side may reopen after years of vacancy.
Iconic New York City theater building sold after years of neglect.
Real Estate Market Update: Week of November 4-8
Real Estate Transactions from Nov 4-8 Sponsored by Hogan Associates: Newport Home Sales
Real estate market trends and statistics for week of November 4-8 globally.
Waltham Life Sciences Campus Secures Large Lease Deal
Hobbs Brook Real Estate Announces New Tenant in Waltham, MA: ZoomInfo.
Waltham Life Sciences campus secures large lease deal with biotech company.
Shawmut and Hobbs Brook Mark Milestone in FM's Boston Research Facility Development
NORWOOD, MA—Shawmut, Hobbs Brook, and Payette celebrate topping off of FM's new state-of-the-art office project.
Shawmut and Hobbs Brook celebrate milestone at Boston research facility construction site.
Oaktree Capital Establishes $250M CRE Debt Investment Fund
Dallas-based Formida Capital secures $250M in equity funding from Oaktree Capital Management.
Oaktree Capital launches $250 million commercial real estate debt investment fund globally.
Boston Realty Advisors Facilitates Sale of 961 Commonwealth Avenue Property
Boston Realty Advisors brokers sale of 961 Commonwealth Ave. retail property, home to Boston Halal Restaurant and Brigham & Women's.
Boston Realty Advisors brokers sale of 961 Commonwealth Avenue property in Boston.
Whitestone investors reject $1B acquisition bid by MCB
MCB Real Estate withdraws offer to take Whitestone REIT private after failed bid.
Whitestone investors decline $1 billion acquisition offer from MCB in New York.
Gordon Brothers Partners with Kirkland's for Strategic Real Estate Growth
Kirkland's prepares for next phase of store expansion after paying off $12M term loan.
Gordon Brothers executives meet with Kirkland's representatives in a conference room.
Private Real Estate Offers Compelling Returns Amidst Market Volatility
Brent Jenkins of Clarion Partners discusses private real estate's health and investment potential.
Real estate investors seeking returns navigate market volatility globally.
Bill Ackman's NYC Penthouse Hits Market for $41 Million
Bill Ackman lists Manhattan duplex at $19.9M, despite having multiple NYC residences.
Bill Ackman's luxurious New York City penthouse apartment listed for sale at $41 million.
San Francisco tech office demand poised for moderate increase
Tech office leasing in SF expected to increase this year, though still below pre-pandemic levels, reaching 3M sq ft.
San Francisco tech office space demand expected to moderately rise nationwide.

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