Several sizable shopping mall loans became delinquent last month, increasing the overall volume of CMBS loans that were classified as being more than 30 days late by 144%, or $646 million, to $4567 billion, according to Trepp...
San Francisco Business Times Autodesk has decided not to renew its 109,432-square-foot office lease at One Market Plaza in San Francisco The construction and engineering software company will vacate the 16 million-sf building when its lease expires...
Artificial intelligence companies accounted for 115 million square feet, or 227%, of all office leasing in the country's major technology markets during the first quarter, according to...
The CMBS trusts that earlier this year took title to the Park Square office property in Boston's Back Bay area are said to have hired Eastdil Secured to market the 503,312-square-foot building for...
Charlotte Business Journal Capital Group has signed a lease for about 200,000 square feet of office space at One Independence Center in Charlotte, NC The Los Angeles investment firm is leasing the space from Crescent Communities of Charlotte, which...
Crain’s Chicago Business Basis Technologies has listed 70,017 square feet of office space for sublease at Sullivan Center, a 943,944-sf office property in Chicago The digital advertising software company’s lease runs through October 2030...
The appraised value of a 738-unit apartment property in suburban Cleveland, which was financed with a $53 million CMBS loan just two years ago, has been reduced by just more than 84%, to only $181...
Washington Business Journal The Washington Post is marketing approximately 160,000 square feet of office space for sublease at One Franklin Square, a 638,800-sf property in Washington, DC The newspaper leases 300,000 sf of headquarters space at the...
Commercial Real Estate Direct Staff Report The 42,000 square feet of retail space at the base of the 12-story 599 Broadway office building in Manhattan’s SoHo neighborhood has had its appraised value slashed by nearly 80% to $32 million The...
For the first time since 2012, no office space is under construction in Chicago, according to Newmark, and only one office property was brought online during the first...
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