Law firm Venable LLP has formally moved out of the 182,424 square feet it had occupied at 1270 and 1290 Avenue of the Americas in Manhattan and has moved into 157,808 sf at 151 West 42nd St, near Bryant Park in midtown The firm had signed its...
Mortgage REITs saw their originations plunge during the latter half of last year as they adopted a cautious stance and built up liquidity to take advantage of what they hope soon will be better investing opportunities Last year, 13 publicly...
Deloitte has not renewed its lease for 260,000 square feet at 191 Peachtree, a 12 million-square-foot office building in Atlanta The consulting giant’s decision to not renew was first reported in the Atlanta Business Chronicle Deloitte has...
Triangle Business Journal Fidelity Investments has vacated a 116,300-square-foot office building in Durham, NC, two years before its lease was to expire The financial services company had been fully occupying Danbury Hall, at 5411 Park Road, in the...
Commercial Property Executive Arcadia Cold Storage and Logistics has agreed to fully pre-lease Phoenix Cold Storage, a 293,000-square-foot industrial building in El Mirage, Ariz, about 20 miles northwest of Phoenix The Atlanta company is leasing the...
Multifamily property insurance rates are projected to increase up to 50 percent in 2023 That would be on top of last year's 20 percent increase Some markets, specifically those hit by weather-related disasters, are getting hit the hardest...
Property values in the United States are expected to decline this year by 10 percent and by another 5 percent next year, according to Oxford Economics The UK research company noted that while the expected 15 percent decline is massive, it would pale...
Commercial Real Estate Direct Staff Report Only $269 billion of commercial properties changed hands in February, according to MSCI Real Assets While that’s nearly 34 percent more than the $2014 billion of volume that traded in January,...
Crain’s Chicago Business Evolent Health is offering for sublease 122,000 square feet of space at 300 South Riverside Plaza, a 11 million-sf property in Chicago The healthcare company hired CBRE to market the space Evolent’s lease for the...
New York Post The Good Cause Eviction Bill winding through the New York state legislature would cap annual rent increases at New York City apartments at the greater of 3 percent or 15 percent of the increase in the Consumer Price Index The bill...
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