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.

Sun Hill Hotel Expansion: A New Era in Hospitality at Hilton Universal City
Mark Davis-led Studio City investor secures approval for an 18-story addition to Hilton Universal City hotel adjacent to Universal Studios Hollywood from Los Angeles City Planning.
Hilton hotel expansion at Universal City, California, with modern architecture and amenities.
Federal charges against FDNY leaders for bribery in property inspections
Two NYFD officials arrested for bribery: Brian Cordasco and Anthony Saccavino face charges for accepting kickbacks in exchange for favoring certain real estate projects.
FDNY officials face federal bribery charges over corrupt property inspection practices.
Austin's Tech Landscape Shifts: Meta Exits, Paving Way for a New Player
Meta leaves Domain lease, creating opportunities for other businesses in Austin's dynamic office real estate market.
Meta exits Austin, making way for new tech player in Texas cityscape.
Tony Robbins Partners with Reuben Brothers for Wellness Center at Century Plaza
Reuben Brothers’ Century Plaza unveils a health and wellness center spanning over 12,500 square feet in its $2.5 billion mixed-use development.
Tony Robbins and Reuben Brothers collaborate on wellness center in Los Angeles' Century Plaza.
NM Rothschild & Sons has decided to vacate its office at 830 Brickell in Miami, becoming the third financial firm to exit South Florida after a market boom.
Rothschild & Co, a financial services firm, has decided not to open at the 830 Brickell tower in South Florida, making it the third company to cancel its planned office during the boom period. Despite its roots dating back to the 18th century in Europe, R
NM Rothschild & Sons exits Miami office building, leaving South Florida.
CREFC Scholars Announced: Fifth Annual Recipients of CREFC Center for Real Estate Finance
CREFC and Schack Institute of Real Estate at NYU School of Professional Studies Announce Collaboration
CREFC scholars announced at fifth annual event in New York City.
Artis Real Estate Investment Trust Announces Monthly Cash Distribution
Artis Real Estate Investment Trust ("Artis" or the "REIT") (TSX: AX.UN) has declared a monthly cash distribution of $0.05 per trust unit ("Unit") for September 2024. This cash distribution will be paid to unitholders on or around September 30, 2024.
Artis REIT announces monthly cash distribution in Canada with financial details.
North Texas Apartment Complex Owners Brace for Losses
Tides Equities is undergoing a portfolio shedding process via forced sales since April, and it seems like this bleeding hasn't stopped yet as two more properties are up for sale. Starwood Mortgage Capital is foreclosing on Tides on Trinity located at 3930
North Texas apartment complex owners prepare for potential financial losses amidst crisis.
Attorneys seek $245 million in damages from NAR and HSoA
Plaintiffs' lawyers are seeking more than $225 million in settlements from two commissions, plus additional costs.
Attorneys file lawsuit against NAR and HSoA seeking $245 million damages.
CORE Acquires Kittery Shopping Center for Renovation: New Tenants Welcome
CORE, Northern New England's leading full-service commercial real estate firm, proudly announces its recent acquisition of a 24,000 square foot property at 360 US Route 1 in Kittery, Maine.
Kittery shopping center renovation underway with new tenants and CORE acquisition announced.
Culture Pop Soda Secures 6,000 SF Space in Watertown, MA - Boston Real Estate Times
Subheading: Culture Pop Soda Leases Space in Berkeley Investments' 64 Pleasant Street Property
Culture Pop Soda occupies 6,000 SF space in Watertown, Massachusetts.
Lennar introduces Greenview at Presidential Estates near Aventura
BH Group and Lennar have launched sales for their luxurious Greenview at Presidential Estates community near Aventura. After a 17-year legal battle with neighboring homeowners, this joint venture offers six unique options for potential buyers.
Lennar's new community, Greenview, in Presidential Estates, Aventura, Florida.
Kismet's Innovative Workspace: A Blend of Services and Collaboration
Kismet introduces a groundbreaking commercial real estate solution tailored for e-commerce entrepreneurs and growing businesses in Greater Boston. This innovative offering integrates workspace and exclusive services not previously available in the area.
Co-working space with collaborative workstations and services in a modern office setting.
Rural Kane County Development Proposal Rejected by PulteGroup
St. Charles residents rejected PulteGroup's proposed Charles Farm development due to strong opposition from nearby towns like La Fox, who were concerned about potential negative impacts on their community.
PulteGroup rejects rural Kane County development proposal amidst community opposition.
Hines and American Realty Team Up for Dublin Affordable Housing Project
Hines and American Realty Advisors to bring affordable housing to Downtown Dublin's urban village project
Hines and American Realty collaborate on affordable housing project in Dublin Ireland.
Downtown San Jose: Westbank's Transition from Office Spaces to Residential Properties
Westbank has replaced its plans for office towers in Downtown San Jose with more than 1,100 homes. The Canada-based developer has revised its plans to build three, 30-story housing towers at 300 South First Street and 345 South Second Street in the SoFa d
Downtown San Jose skyscraper transforms office spaces into residential properties.
Summer Slowdown in Texas: Is Seasonality Making a Comeback?
Dallas-Fort Worth market is showing signs of stabilization after years of disruption. Persistent inventory levels since June and a potential Fed rate cut on the horizon suggest brokers may finally expect stability.
Texas summer slowdown with seasonal fluctuations impacting local businesses and economy.
KPMG to Relocate San Francisco Office in South Financial District
KPMG to downsize its local offices in San Francisco: Latest New York-based accounting firm to lease a 96,300-square-foot office in Foundry Square III at 505 Howard Street in the South Financial District of San Francisco.
KPMG relocates office in San Francisco's South Financial District area.
Former NFL star Andre Branch sells Miami Beach condo
Andre Branch, former defensive end for the Miami Dolphins, has successfully sold his luxurious condo at Ritz-Carlton Residences in Miami Beach. Unit 610, a spacious three-bedroom apartment measuring 3,134 square feet, is now under new ownership.
Former NFL player Andre Branch selling luxury Miami Beach condominium.
Enverra Real Estate partners with tenant for Dallas office acquisition
Two office buildings in North Dallas, Parkway Office North and South, have been purchased by a new real estate player in partnership with a longtime tenant. Gulf Coast Western and Enverra Real Estate Partners are the buyers.
Enverra Real Estate executive shakes hands in Dallas office building lobby.

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