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.

Minskoff Secures Government Agency Lease in Midtown Office Space
Edward Minskoff scores big with FDIC lease, following Customs and Border Protection in Queens.
Minskoff secures government agency lease in Midtown Manhattan office building.
Michael Stern's Partner Accused of Owing $1.7M in Fees for Condo Projects
Naples consultant accuses Gianluca Vacchi of withholding $1.7M in fees for Miami condo project work.
Michael Stern's business partner accused of owing $1.7 million condo project fees.
Lennar Acquires East Phoenix Land for 850-Home Development
Lennar buys 122+ acres near Phoenix for $49M, expanding plans for 851 homes in rapidly developing area.
Lennar acquires land in East Phoenix for 850-home residential development project.
Sixers Stage Stunning Turnaround in South Philadelphia Showdown
Philadelphia 76ers Strike Deal to Remain at South Philly Arena Beyond Initial Departure Plans
Philadelphia 76ers basketball team makes dramatic comeback in South Philadelphia arena.
Elite security team protects billionaire's Brentwood estate from wildfires
Developer Rick Caruso's home in Brentwood was protected by a private fire brigade during the Pacific Palisades fire.
Elite security guards defend billionaire's Brentwood mansion against raging California wildfire.
Oakland Office Market Struggles Amid Falling Values and High Vacancy Rates
Oakland Office Market Weakens Significantly with Rising Vacancies and Falling Property Values.
Oakland office buildings with high vacancy rates amidst falling property values.
Supreme Court rejects National Association of Realtors' appeal
Supreme Court declines to hear NAR's appeal, ending bid to block DOJ investigation.
US Supreme Court justices reject NAR appeal in real estate industry case.
NYC Real Estate Market Introduces Mandatory Buyer Agreements
New Year, New Rules: REBNY Mandates Buyer's Broker Agreements for Resale and New Development Properties.
New York City real estate market introduces mandatory buyer agreements nationwide.
Brooklinen Secures Large Lease at Manhattan's 225 Varick Street
Luxury linen brand Brooklinen leaves Brooklyn for new HQ in Manhattan's Hudson Square.
Brooklinen signs large lease at Manhattan's 225 Varick Street office building.
JPMorgan Chase Mandates Office Return for All Employees in March
JPMorgan Chase tells most employees with hybrid schedules to work full-time in-office starting in March.
JPMorgan Chase employees return to office in March, mandatory for all.
Bill Ackman proposes $1 billion takeover of Howard Hughes Corporation
Bill Ackman's Pershing Square offers $85 per share for Howard Hughes Holdings.
Bill Ackman proposes $1 billion takeover bid for Howard Hughes Corporation assets.
Warning Signs of Financial Pitfalls in Real Estate Investments
Residential real estate investing offers lower returns than commercial properties, yet remains a valuable asset for investors.
Real estate investors warned about potential pitfalls and financial risks globally.
Gaines Acquires 16-Story Office Building in Irvine for $42 Million
Gaines Investment Trust buys 16-story Irvine office building for $42 million.
Gaines acquires 16-story office building in Irvine, California for $42 million.
Bay Area Retailers Announce Store Closures in Multiple Locations
Three retailers to close nearly 20 underperforming stores in nine Bay Area cities.
Bay Area retailers announce store closures in San Francisco and Oakland.
Maugel DeStefano Completes 169,000 SF Advanced Research Facility for Werfen.
Maugel DeStefano Architects, Integrated Builders complete 169,000-sq-ft R&D facility for Werfen in Bedford, MA.
Werfen's advanced research facility in Massachusetts completed by Maugel DeStefano construction team.
The Dark Past of Brooklyn's Jesse Hamilton
Prosecutors may reveal damaging evidence in the city's real estate probe, but initial signs of trouble have been missed.
Brooklyn politician Jesse Hamilton stands amidst a backdrop of New York City.
Miramar Acquires Inland Empire Manufacturing Facility for $86 Million
Miramar Capital buys 332,700-square-foot industrial campus in Inland Empire for $86 million.
Miramar acquires manufacturing facility in Inland Empire for $86 million investment.
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