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.

Zendesk Exits San Francisco's Mid-Market Tech Hub
Zendesk Abandons SF Headquarters Amid Tech Exodus, Leaving Office Space Vacant
Zendesk leaves San Francisco's Mid-Market tech hub, relocating its operations elsewhere.
Vista Property secures $32M refinancing for high-risk pandemic-era office project
Vista Property Refinances 95,000-Square-Foot Office Building in Chicago's West Loop with $32 Million Loan.
Vista Property refinance deal in Los Angeles secures $32 million funding.
Philly's Commercial Sector Shifts: Industrial Outpaces Multifamily Growth
Philadelphia's Industrial Property Values Surpass Multifamily for First Time: Costar Data
Philadelphia commercial sector shift: industrial growth outpacing multifamily development in city.
Fort Worth Development Progress Report Highlights Gains and Areas for Improvement
City loses $2 million due to real estate council's inefficiencies in 10-week development cycle.
Fort Worth development progress report with cityscape and construction equipment images.
Bears Consider South Side for New Stadium Location
Chicago Bears' stadium search revisits overlooked site south of McCormick Place after lakefront proposal rejected.
Bears football team explores potential new stadium location on Chicago's South Side.
Borough Park Development by Tabak and Lebovits Clears Regulatory Hurdles
Brooklyn's Borough Park may lead NYC's future developments with a 14-building, 270-unit project approved by David Tabak and Meyer Lebovits.
Borough Park development project led by Tabak and Lebovits gains regulatory approval.
Tampa Mall Redevelopment Project Secures Final Acquisition
Washington Prime Group acquires remaining piece of Tampa mall with purchase of Macy's department store.
Tampa mall redevelopment project site with cranes and construction equipment on location.
Wealthy businessman defies family legacy with unconventional investment strategy
New York's most powerful real estate dynasty breaks long-standing tradition, signaling office market distress.
Businessman challenges family tradition with innovative investment approach in New York City.
NYC Mayor Adams Opposes Real Estate Broker Fee Reform Ahead of Council Vote
Mayor Adams opposes City Council bill exempting most renters from paying real estate broker fees.
NYC Mayor Eric Adams opposes real estate broker fee reform in New York City.
Council Considers Strengthening Tenant Protections Amid Post-Election Concerns
City Council considers eight measures to strengthen tenant protections at landlord expense.
Local council members discuss strengthening tenant protections post-election in city hall meeting.
Nightingale Sells Final Manhattan Asset Remaining
Nightingale Properties Sells Ground Lease at 20 East 46th Street to Namdar Realty Group for $10.4M.
Nightingale sells last Manhattan property in real estate portfolio liquidation.
Iconic NYC Abode of '60s Counterculture Figures Seeks $6.6 Million
Historic 1884 Building in Noho East Historic District Offers Potential for Single-Family Mansion Conversion.
Iconic New York City townhouse once home to 1960s counterculture figures for sale.
Real Estate Mogul to Step Down Amid Allegations of Self-Dealing
Sun Communities denies Mr. Shiffman's departure was due to operational disagreements.
Real estate mogul steps down amidst self-dealing allegations in corporate office.
Virginia REIT Acquires Rental Townhomes in Major Deal
AvalonBay Communities buys 126-unit townhome community in Bee Cave near Austin for $49 million.
Virginia-based real estate investment trust acquires rental townhomes in significant local transaction.
Luxury Brooklyn townhouse sale leads borough's high-end real estate deals
Top Brooklyn Luxury Contract: Townhouse Sells After Asking More Than Double Original Price
Brooklyn luxury townhouse sold in high-end real estate market transaction.
Clay Pulliam Joins Locke Lord's Dallas Office as Real Estate Partner
Clay Pulliam joins Locke Lord's Dallas office as real estate and finance partner.
Clay Pulliam joins Locke Lord in Dallas as real estate partner.
ICG Expands US Real Estate Presence with New Hires
ICG expands North American real estate platform with two key hires from CrossHarbor Capital.
ICG executives in New York City office, expanding US real estate presence.
Chicago investors bid $60/sf for distressed Loop office building
East Coast firms eye discounted Chicago Loop office tower for $60/sqft purchase.
Chicago investors purchase distressed Loop office building for $60 per square foot.
RFR Sells Cartier-Occupied Soho Building for $46 Million
RFR Holding Sells Fully Occupied Soho Retail Property to Japanese Conglomerate for $46 Million.
Cartier-occupied building in Soho sold for $46 million by RFR.
San Jose Landmark Hotel Valued at Over $200 Million with Prospects Improving
San Jose's iconic hotel valued at over $200 million, potentially saving it from foreclosure.
San Jose landmark hotel valued over $200 million, improving prospects downtown.

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