The General Services Administration recently found that none of the 9,766 buildings the government occupies meet the 60% utilization threshold mandated by the USE IT Act, which could accelerate its property disposition...
Commercial Real Estate Direct Staff Report Whitestone REIT, which owns 56 community shopping centers with 49 million square feet in Texas and Arizona, has struck a deal to be acquired by Ares Real Estate Management for $19/share in cash, or $994...
Commercial Real Estate Direct Staff Report Concerns of an oversupply of multifamily units and the impact it might have on property fundamentals have pushed the major apartment REITs to pull back on development in 2026 That’s according to...
The Manhattan office market showed continued signs of recovery in the first quarter, with leasing activity stabilizing and availability declining as tenants increasingly expanded their space...
A family office has leased 5,063 square feet at the 9 West 57th St office building in Midtown Manhattan, with rent averaging $32750/sf, believed to be the highest ever recorded in the borough The 168 million-square-foot building, a block from...
Commercial Observer Industrious has signed four leases totaling 124,500 square feet of office space in Manhattan The coworking company signed a lease for 43,000 sf at 110 East 42nd St, 33,000 sf at 609 Greenwich St, 24,500 sf at 156 Fifth Ave, and...
Manhattan had only 173 retail storefronts available at the end of last year, down from 194 a year earlier Demand has been healthiest for space in some tony...
Tanger Inc's portfolio of 41 retail properties, including 38 outlet centers, was 981% occupied as of the end of December It completed 31 million square feet of leasing with a blended rental rate spread of...
Commercial Property Executive Logistics Property Co has fully leased up Olive Logistics Center, a two-building industrial property totaling 132 million square feet in Glendale, Ariz The Chicago developer completed the property’s construction...
OpenAI has agreed to fully lease the 450,000-square-foot office property at 350-380 Ellis St in the Bay Area neighborhood of Mountain View, Calif The artificial intelligence company was represented by JLL, while Newmark represented the landlord KKR...
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