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.

Sag Harbor Land Deal: Local Restaurateur Acquires Undisclosed Parcels
Developer sells two Sag Harbor waterfront parcels to East End restaurateur Jeremy Morton.
Sag Harbor restaurateur purchases undisclosed parcels of land in East Hampton area.
$75 Million Fund Aims to Prevent Tenant Evictions Through Rental Support
State-funded rental assistance program launches to aid tenants and landlords amid unpaid rent struggles.
New $75 million fund supports rental assistance in urban areas nationwide.
Mentorship Program Introduced by Side with Revenue Share Component
Brokerage platform seeks dismissal of copycat commission lawsuit, arguing lack of proof on conspiracy claims.
Business leaders gather in conference room, introducing mentorship program with revenue share component.
Greystar Launches P3 Student Housing Project at Merrimack College in Massachusetts
Greystar Breaks Ground on Two-Building Student Housing Development in North Andover, MA
Greystar launches student housing project on Merrimack College campus in Massachusetts.
Boston Real Estate Executive Aaron Ravenelle Takes On Development Leadership Role
Elm Grove Companies Appoints Aaron Ravenelle as VP of Development and Construction.
Boston executive Aaron Ravenelle assumes leadership role in real estate development.
New Development Project "The Block" Set to Begin Construction in Westwood, MA.
Petruzziello Properties breaks ground on The Block at 22 Everett Street in Westwood, MA.
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Inside the World of Suffolk Construction with Erin Murphy Rafferty & Industry Leaders
Boston's Erin Murphy Rafferty Expands Career Across Politics, Business, Non-Profit, Construction, and Real Estate Sectors Over 25 Years.
Suffolk construction executives, industry leaders gather in Boston for leadership discussion.
Mississippi REA Welcomes New Partner in Corporate Law Practice
Bradley Arant hires former Balch & Bingham partner M. Patrick Everman in Jackson office.
Mississippi REA officials gather with new corporate law partner in Jackson office.
Kennedy Wilson Unloads Three-Building San Mateo Office Complex for $38 Million
SC Properties buys San Mateo Gateway office campus for $37.5M, paying significantly less than 2018 sale price.
Kennedy Wilson sells three-building office complex in San Mateo for $38 million.
Cisco consolidates Bay Area presence in San Jose's Santana Row
Cisco Systems closes 5 Bay Area offices, consolidates staff at Santana Row in San Jose.
Cisco relocates headquarters to San Jose's Santana Row in Bay Area expansion.
Second-Hand Office Building Secures Favorable Purchase for Goodwill Organization
Goodwill San Antonio expands beyond retail with purchase of Rosa Verde Towers, a new 11-story property.
Goodwill organization purchases second-hand office building in downtown area renovation project.
Real Estate Investors Acquire Hell's Kitchen Property at Substantial Discount.
Hell's Kitchen Office Sale: Affiliate of Related Companies Agrees to Sell Below $50 Million
Real estate investors acquire Hell's Kitchen property at discounted price in NYC.
Leading real estate company acquires prominent Sunnyvale property
Veteran real estate firm acquires Sunnyvale office site for over $55 million.
Sunnyvale property acquisition by leading real estate company in California.
JBG Smith sells Washington D.C. real estate asset
JBG Smith sells DC apartment complex Fort Totten Square for $86.8M.
JBG Smith sells commercial property in downtown Washington D.C.
Buying low in Chicago's real estate market may come with unforeseen costs.
A $17-per-square-foot Loop office sale sparks a legal battle over its value, revealing challenges in buying low in Chicago's post-pandemic market.
Chicago real estate buyer inspects property amidst fluctuating market conditions.
JV acquires Delray Beach hotel in major Florida deal for $58 million
Joint Venture Acquires Ray Hotel Delray Beach for $57.7M in Resurgence of Hospitality Investment Sales.
Joint venture purchases Delray Beach hotel in significant Florida real estate transaction.
Wildfire risk spurs soaring premiums in Orange County multifamily housing
Laguna Village faces severe insurance crisis due to rising wildfire risks and skyrocketing premiums.
Wildfires prompt increased insurance rates in Orange County multifamily residences.
SMILE UP's Akasaka HQ Sold, Leased Back to Hulic
SMILE-UP Confirms Sale of Headquarters Building in Tokyo's Akasaka District
Tokyo's Akasaka district office building sold, leased back by Hulic Corporation.
CoStar gains ground in lawsuit over alleged data breach
California judge denies Move's bid for preliminary injunction against CoStar.
CoStar executives in court, defending against allegations of major data breach lawsuit.

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