Commercial Real Estate Staff Report The vacancy rate for office properties in St Louis increased to 18 percent in the first quarter, its highest level since 2013 when it reached 1793 percent, according to Colliers International The latest rate...
Rentvcom Becton, Dickinson and Co has agreed to lease 240,000 square feet at Park Point, a 472,000-sf office and research and development property in Milpitas, Calif JLL brokered the lease on behalf of the medical technology company, while Newmark...
Kastle Systems, which tracks actual occupancy at office properties in major markets across the country, reported a slight decrease in occupancy for the week through May 18, to 433 percent The Falls Church, Va, company, which installs security...
Commercial Observer Fora Financial has inked a nine-year lease for 23,500 square feet, encompassing the 15th floor at 1385 Broadway in Manhattan The lender of small business loans will move from 519 Eight Ave, also in Manhattan, where it’s...
Wall Street Journal Amazoncom Inc, perhaps the most active lessee of industrial space in recent years, is said to be looking to vacate at least 10 million square feet of warehouse space it occupies and may want to sublease it The move follows the...
Commercial Observer Burberry has signed a 15-year lease for 43,000 square feet of office space at the Salmon Tower in Manhattan The luxury fashion retailer is relocating from 444 Madison Ave, also in Manhattan, where it has occupied nearly 70,000 sf...
South Florida Business Journal An affiliate of Ryder Systems Inc has signed a lease for 152,573 square feet of industrial space in Medley, Fla The affiliate, Ryder Logistics of Medley, is taking its space at 15501 SW 29th St It currently leases...
Montgomery Street Partners, a Dallas investment manager that two years ago launched a private REIT to pursue investments in the ground beneath properties, has raised another $500 million of equity for the vehicle, the Ground Lease REIT Inc The...
Commercial Observer Macquarie Group has leased 221,764 square feet on six floors at 660 Fifth Ave in Manhattan, relocating its Americas regional headquarters from 125 West 55th St It’s the first lease Brookfield Properties has signed for the...
Crain’s Chicago Business Ace Hardware has agreed to lease 250,000 square feet of office space at Oak Brook Reserve, a 297,000-sf office property in Oak Brook, Ill The retailer will take its space at 2915 Jorie Blvd, which is 20 miles west of...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
Subscribe to our Weekly Newsletter!
