Commercial real estate — office, retail, industrial, and the trends reshaping business properties.
Data Center Giant Equinix Ups Its 2026 Forecast Behind Robust Q2
Equinix, the Redwood City-based data center REIT, raised its 2026 guidance following a robust second quarter driven by artificial intelligence demand …
NYC Issues Partial Stop-Work Order at SL Green’s 750 Third Avenue Conversion
SL Green Realty's $805 million office-to-residential conversion at 750 Third Avenue in Midtown East has hit a regulatory snag. New York City's Departm…
AI Infrastructure Firm Treeswift Signs 7K-SF Lease at 256 West 38th Street
Treeswift, a Philadelphia-based AI infrastructure technology company, leased 7,487 square feet on the 11th floor of 256 West 38th Street in Midtown Ma…
PCCP, Stonemont Close on $1B-Plus Acquisition of Blackstone Industrial Portfolio
PCCP and Stonemont Financial Group have closed on the acquisition of Blackstone's industrial portfolio for over $1 billion. The joint venture now owns…
The Cracks in the Office-Conversion Boom
# The Cracks in the Office-Conversion Boom The office-to-residential conversion wave that swept major U.S. cities faces a reality check. What appeare…
Goulston & Storrs Adds Brian Grindall to Real Estate Practice
Brian Grindall has joined Goulston & Storrs as a director in the firm's Washington, D.C. real estate practice. Grindall brings nearly 16 years of comm…
U.S. Department of Veterans Affairs Takes 5K SF at 1733 Eastchester Road in the Bronx
Simone Development Companies has achieved full occupancy at its two-story medical and office building located at 1733 Eastchester Road in the Bronx's …
Northwest Bank Lends $28M on East Hartford Industrial Buy
Seyon Group has closed a $28.1 million loan from Northwest Bank to acquire Prestige Park, a 428,000-square-foot industrial campus in East Hartford, Co…
Peachtree Lends $113M on Apartments’ Conversion to Margaritaville Hotel Savannah
Tidal Real Estate Partners secured $113 million in bridge financing from Peachtree to convert the Ann Street Lofts apartment building in Savannah, Geo…
AI Is Rewiring the Office-Leasing Playbook
AI companies are reshaping office-leasing demand in ways that transcend simple back-to-office narratives. The real story centers on where artificial i…
Legal AI Firm Sandstone Signs 14K-SF Lease at 141 East Houston Street
Sandstone, an AI platform serving law firms, committed to a five-year lease for 13,794 square feet across the entire third and fourth floors at 141 Ea…
Dedeaux Properties CEO Brett Dedeaux On SoCal’s Evergreen Industrial Pull
Brett Dedeaux, CEO of Dedeaux Properties, argues that California's strict development regulations create unexpected opportunities for savvy industrial…
New York Teens at Home
New York City teenagers are reshaping how they claim personal space in cramped urban apartments, embracing creative solutions that turn studio limitat…
Deutsche Bank Lends $85M for Miami Beach Condo Tower
Northlink Capital has locked in $85 million in construction financing from Deutsche Bank for a 12-story luxury condo tower at 7200 Collins Avenue in M…
AI Firm Corgi to Open 24/7 Cafe at 121 East 27th Street
Corgi, an AI-powered insurance firm, is entering the cafe business with a 24/7 coffee shop launching at 121 East 27th Street in New York City's Flatir…
The Developers Trying to Make New York’s 485-x Multifamily Incentive Work
New York's 485-x tax incentive program faces mounting criticism from developers, yet some builders continue to pursue projects under its framework. Th…
The Athlete-Developers: Coming to a Community Near You
Professional athletes are shifting their competitive energy from sports into commercial real estate development, with several investing in projects ac…
Brookfield Properties Rebrands as BGRE
Brookfield Properties formally rebranded as BGRE on Sunday, signaling the company's evolution as a global real estate operator and developer. The name…
Midtown’s 10 Bryant Park Tower Is Back on the Market for More Than $800M
The 865,000-square-foot office tower at 10 Bryant Park in Midtown Manhattan is back on the market with an asking price above $800 million. Also known …
West Palm Beach Multifamily Property Converted From Condos Sells for $91M
Kamson Corporation and Scopus Property Management closed a $90 million acquisition of Ponte Verde at Palm Beach Lakes, a 400-unit multifamily property…
Rexford Plans Up to $2B in Sales After Posting $507M Loss in Q2
Rexford Industrial Realty plans to offload up to $2 billion in noncore assets as the Los Angeles REIT pivots from acquisition mode to aggressive dispo…
No, the Pfizer Near-Disaster Won’t Slow New York’s Conversion Wave
New York City's aggressive office-to-residential conversion strategy faces a test case with the structural failure at the Pfizer building in Midtown M…
Commercial context
Commercial real estate — office, retail, industrial, and the trends reshaping business properties.