Commercial Real Estate Direct Staff Report Lenders of all stripes are bullish They’ve got plenty of capital to lend and property owners have accepted the fact that interest rates will remain higher than what became the norm until late 2022 But...
Commercial Real Estate Direct Staff Report Weak demand for space from biotechnology companies helped contribute to a drop in the occupancy rate of Alexandria Real Estate Equities Inc’s portfolio to 877% in the first quarter from 917% a year...
MGR Real Estate has paid $2468 million, or $23207/sf, for the 106,345-square-foot Lakeview office property in Ontario, Calif The local investor acquired the two-building property, at 3257 East Guasti Road, from BH Properties, which was represented...
New York Post Cleary Gottlieb has renewed its lease for 475,000 square feet at the 23 million-sf One Liberty Plaza office building in Lower Manhattan The law firm, which was represented by Newmark and Cushman & Wakefield, renewed for another 20...
A venture of Tejon Ranch Co and Dedeaux Properties is breaking ground soon on Tejon Ranch Commerce Center, a 510,385-square-foot industrial property in Lebec, Calif Tejon, of Tejon Ranch, Calif, and Dedeaux, of Santa Monica, Calif, are building the...
Commercial Real Estate Direct Staff Report Only 3,854 apartment units were delivered in Phoenix during the first quarter, marking the lowest quarterly volume in more than four years and a 20% drop from the fourth quarter, according to Cushman &...
St Louis Business Journal Burns & McDonnell has agreed to lease 74,273 square feet of office space at 1245 JJ Kelley Memorial Drive in St Louis The engineering firm will be moving in at the beginning of 2027 Burns & McDonnell noted that it...
Apartment rents in San Francisco averaged $2,737/unit in the first quarter, up 3% from the same time last year, according to Kidder Mathews The vacancy rate throughout the city has declined year over year to 47% from 53%...
Rentvcom Columbia Container Lines has agreed to lease 156,100 square feet of industrial space at 691-701 Burning Tree Road in Fullerton, Calif, about 23 miles south of Los Angeles The freight forwarding and logistics company was represented by...
The city's office market continued to struggle last quarter, with absorption remaining in the red A bright spot was the city's Energy Corridor, which has benefited from the country's sharp increase in oil production The submarket has some of the...
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