Commercial Real Estate Direct Staff Report Downtown Chicago’s office vacancy rate jumped to 207 percent at the end of 2022, putting it at its highest level ever, according to Colliers It was up from 203 percent in the third quarter and 179...
The Real Deal Callisto Media is offering for sublease 78,000 square feet of office space at Uptown Station, a 356,000-sf office property in Oakland, Calif The book publisher, which recently laid off 200 employees, hired Avison Young to market the...
Dallas Morning News RJW Logistics Group is leasing nearly 600,000 square feet of industrial space in a new business park on East Scyene Road in Mesquite, Texas, about 14 miles east of downtown Dallas The DuPage County, Ill, logistics company is...
St Louis Business Journal Equifax Inc has agreed to lease 71,000 square feet at Centene Plaza, a 662,500-sf office property in Clayton, Mo The Atlanta credit reporting agency was represented by Colliers, while Centene Corp, which owns the property,...
Commercial Property Executive Ares Management has agreed to lease 206,000 square feet at Anderson Towers, a two-building office property with 905,942 sf in Los Angeles WESTMAC brokered the 12-year lease for the tenant, while LA Realty Partners and...
Dallas Business Journal A company that’s believed to be Nike USA Inc has agreed to fully lease a 104 million-square-foot industrial building in Wilmer, Texas, about 16 miles southeast of Dallas The tenant is said to be “a multinational...
Kushner Cos, which late last year had offered to buy Veris Residential Inc for $16/share, is no longer interested in purchasing the Jersey City, NJ, REIT That’s according to Veris, which yesterday said it had held talks with Kushner after it...
Charlotte Business Journal The TJX Cos has agreed to fully lease a 216,615-square-foot industrial building at 782 Paragon Way in Rock Hill, SC, a suburb of Charlotte, NC The parent company of TJMaxx is leasing the building from Indus Realty Trust,...
Over the next two years, more than $232 billion of CMBS conduit loans backed by retail properties will mature Retail remains the worst-performing property type in...
The office sector has received lots of attention in recent months as weak demand for space persists and borrowers with loans coming due face the prospect of both higher interest rates and lower asset...
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.
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