Commercial Observer Highland Park Community Development Corp has leased the entire 289-room former Radisson Hotel at 52 William St in Manhattan’s Financial District The Brooklyn, NY, nonprofit leased the 20-story property from Slate Property...
Chicago Business Journal RJW Logistics Group has agreed to pre-lease a 12 million-square-foot building at Karis Park West, a 200-acre industrial project that’s currently under construction in Montgomery, Ill, a western suburb of Chicago The...
Houston Business Journal Crescent Energy has recently signed a lease for 125,000 square feet at 609 Main at Texas office building in downtown Houston JLL brokered the lease on behalf of the locally based energy company Meanwhile, Crescent has filed...
Spending for the construction of data centers totaled $411 billion last year, up 317% from 2024 and 344% from 2020, according to the US Census Bureau However, that number understates the true scope of spending on such properties by a large...
Houston Chronicle Boardwalk Pipeline has agreed to lease 143,253 square feet of office space at the CityCentre mixed-use development in Houston The locally based pipeline company will lease four floors at the 990 Town & Country building,...
REBusiness Online Hyundai Translead has agreed to lease a 14 million-square-foot industrial property at 2200 Channahon Road in Joliet, Ill, a southern suburb of Chicago The subsidiary of Hyundai Motor Co leased the property from Industrial Realty...
Greystar is the country's largest owner of apartments for the third year in a row, with a portfolio of 119,160 units, according to a ranking by the National Multifamily Housing...
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 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...
A total of 41 CMBS loans with a balance of $286 billion were newly transferred to special servicers last month That was among the highest monthly totals of new transfers in more than a year However, the total volume of loans in special servicing...
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