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  • Articles Tagged with "Commercial Real Estate"

    Exclusive | Giant Commercial-Property Firm Goes All In on Co-Working With New Deal - WSJ

    wsj.com • Business • World

    CBRE Group is acquiring a majority stake in Industrious, a co-working company, reflecting the growing interest in shared workspaces.

    Accesso Faces Dilution in $69 Million Chicagoland Debt Trouble

    therealdeal.com • Finance • Chicago

    Accesso Partners faces financial difficulties with multiple properties in the Chicago area, leading to foreclosures and a potential dilution of their stake in a Downers Grove office complex.

    Republic’s commercial vacancy rate hits highest level on record – The Irish Times

    irishtimes.com • Business • Ireland

    Ireland's commercial vacancy rate reached a record high of 14.5 percent in 2024, driven by factors including the pandemic, changing consumer preferences, and economic pressures.

    Who will buy Providence’s second-tallest skyscraper?

    bostonglobe.com • RealEstate • Rhode Island

    The auction for Providence's second-tallest skyscraper, One Financial Plaza, was postponed, leaving its future ownership uncertain amidst high vacancy rates and concerns about the city's tax base.

    Compass Brokers Sue Triangle Equities for Tesla Lease Commission

    therealdeal.com • RealEstate • New York

    Two Compass brokers are suing Triangle Equities for nearly $6 million in unpaid commission for brokering a Tesla lease in Queens.

    Blackstone to Sell Nashville’s Fifth Third Center at Loss

    therealdeal.com • RealEstate • Nashville

    Blackstone is set to sell Nashville's Fifth Third Center at a loss, highlighting the ongoing downturn in the city's office market.

    New York City’s Top CRE Loans of April 2025

    therealdeal.com • RealEstate • New York

    New York City's top commercial real estate loans in April 2025 totaled over $2 billion, with significant investments in residential and retail projects.

    Conde Nast in Talks for 200K SF Sublease at 1 WTC

    therealdeal.com • RealEstate • New York

    Condé Nast is in negotiations to sublease 200,000 square feet of its space at 1 World Trade Center to BNY Mellon, as the latter renovates its headquarters.

    Morrison & Foerster Moves In to SF’s 101 California

    therealdeal.com • RealEstate • San Francisco

    Law firm Morrison & Foerster is relocating its San Francisco office from 425 Market Street to a smaller space at 101 California Street, marking a significant downsizing and a move to a newly renovated building.

    Silverstein Signs Insurance Company Starr to 49K SF Lease

    therealdeal.com • RealEstate • New York

    Starr Insurance signed a 49,000-square-foot lease at Silverstein Properties' 1177 Sixth Avenue in Midtown Manhattan, adding to its existing space at 399 Park Avenue.

    NYC Top Deals: Monday, May 19, 2025

    therealdeal.com • RealEstate • New York City

    New York City saw approximately $207.8 million in real estate deals on May 19, 2025, with significant transactions in both residential and commercial sectors.

    Granite Properties, JaRyCo Development Attract HQ Tenants

    therealdeal.com • RealEstate • Texas

    Two North Texas companies, Atlantic Aviation and Fibergrate Structures, are relocating their headquarters to new office spaces in Collin County, driven by expansion needs and the desire for modern, amenity-rich environments.

    KKR Private Real Estate Loan Pipeline Hits All-Time High

    therealdeal.com • Finance • World

    KKR's private commercial real estate loan pipeline has reached a record $42 billion, driven by market dislocations and strategic advantages.

    Texas’ Biggest Loans Headed to Foreclosure in June

    therealdeal.com • Finance • Texas

    Over half a billion dollars in Texas commercial real estate loans are facing foreclosure auctions in June, impacting major cities like Houston, Dallas, and Austin.

    Distressed Texas Commercial Real Estate Debt Heads to Auction

    therealdeal.com • RealEstate • Texas

    Over half a billion dollars' worth of Texas commercial real estate loans went to foreclosure auction this week, primarily due to rising interest rates and falling property values.

    Samsung Doubles Down at Vornado’s Penn 1

    therealdeal.com • RealEstate • New York

    Samsung has significantly expanded its office space at Vornado Realty Trust's Penn 1 building in Midtown Manhattan, leasing an additional 35,000 square feet and extending its existing lease.

    NYC Top Real Estate Deals: Tuesday, June 3, 2025

    therealdeal.com • RealEstate • New York City

    New York City saw approximately 177 real estate deals totaling $262.4 million on June 3, 2025, with notable transactions in residential and commercial sectors.

    Pinterest Eyes 80K SF at SL Green, PGIM’s 11 Madison

    therealdeal.com • RealEstate • New York

    Pinterest is in negotiations to lease a significant amount of office space at 11 Madison Avenue in Midtown South, New York City.

    Vornado Selling West Chelsea Office Building for $200M

    therealdeal.com • RealEstate • New York

    Vornado Realty Trust and the Albanese Organization sold a West Chelsea office building for $205 million to Raghsa Real Estate, marking a significant transaction in Manhattan's Class A office market.

    Crown Acquisitions, Morgan Stanley Face Foreclosure in FiDi

    therealdeal.com • RealEstate • New York

    Deutsche Bank is foreclosing on Crown Acquisitions and Morgan Stanley's 170 Broadway retail property due to a defaulted $64 million mortgage, stemming from a dispute with tenant Gap.

    Tariffs and Interest Rate Woes Stymie the Real Estate Comeback - Business Insider

    businessinsider.com • RealEstate • World

    Unexpectedly high tariffs and interest rates are hindering the anticipated recovery of the commercial real estate market, impacting sales and investment.

    Investment Firm One William Street Expands to 45K SF at 299 Park Avenue – Commercial Observer

    commercialobserver.com • RealEstate • New York City

    One William Street Capital Management expanded its office space at 299 Park Avenue in New York City by 15,000 square feet, increasing its total footprint to 44,754 square feet.

    Paramount Global Puts 355K SF on Sublease Market

    therealdeal.com • RealEstate • New York

    Paramount Global is subleasing over 350,000 square feet of office space in Midtown Manhattan due to staff reductions and a potential merger.

    Truist Provides $84M Senior Financing Loan for Savannah Industrial Property – Commercial Observer

    commercialobserver.com • Finance • USA

    Truist Bank provided an $84 million loan to McCraney Property Company for the first phase of a large industrial development near Savannah, Georgia, highlighting the strong demand in the region's industrial real estate market.

    Transportation Company Lands 83K-SF Industrial Site in Brooklyn – Commercial Observer

    commercialobserver.com • RealEstate • USA

    Beacon Mobility, a transportation company, has leased an 83,000-square-foot industrial site in Brooklyn, New York, from Turnbridge, highlighting recent activity in Brooklyn's industrial real estate market.

    David Werner Buys 440 Ninth Avenue for $100M Cash — a Steep Discount – Commercial Observer

    commercialobserver.com • RealEstate • USA

    David Werner purchased the 440 Ninth Avenue office tower in New York City for $100 million, representing a significant discount from its previous sale price.

    New York Top Real Estate Deals: Tuesday, Aug. 19, 2025

    therealdeal.com • RealEstate • New York

    New York City saw 164 real estate deals totaling $626 million on August 19, 2025, with notable residential and commercial transactions highlighting market activity.

    5K SF of New Food & Beverage Space Leased in Williamsburg – Commercial Observer

    commercialobserver.com • RealEstate • New York

    Three new food and beverage establishments are leasing a combined 5,000 square feet of space in Williamsburg, Brooklyn, signaling continued growth in the area's culinary scene.

    Luzzatto Lands $32M C-PACE Loan for L.A. Creative Campus – Commercial Observer

    commercialobserver.com • RealEstate • Los Angeles

    The Luzzatto Company secured a $32.4 million C-PACE loan to refinance debt on its Depot & Atlas creative office campus in Los Angeles' West Adams neighborhood, despite facing previous debt default on another property.

    Tech Firm Prepared 911 Inks 7K-SF Lease at 101 Fifth Avenue – Commercial Observer

    commercialobserver.com • RealEstate • New York City

    Prepared 911, an AI-powered emergency response company, has leased a 7,080-square-foot space at 101 Fifth Avenue in New York City, filling the 11-story building to full occupancy.

    Extell Development Sells Midtown Retail Condo for $25M – Commercial Observer

    commercialobserver.com • RealEstate • USA

    Extell Development sold a Midtown Manhattan retail condominium for $25 million to Cindy Chan, marking a significant real estate transaction in the area.

    RXR Sells Brooklyn’s 470 Vanderbilt Avenue for $70M: Updated – Commercial Observer

    commercialobserver.com • RealEstate • New York

    RXR sold the ground lease of a Brooklyn office building at 470 Vanderbilt Avenue for $69.6 million to Lincoln Property Company and Cross Ocean Partners.