What happened, and who moved.
LIVERPOOL, N.Y. — Locally based brokerage firm Jacobson Properties has arranged the $13 million sale of a 38,913-square-foot medical office building located at 8324 Oswego Road in Liverpool, part of the Syracuse metro area. Lisa Menin of Jacobson Properties represented the undisclosed seller in the transaction and…
HOUSTON —Partners Real Estate has brokered the sale of a 14,572-square-foot industrial building in northwest Houston. According to LoopNet Inc., the building at 5414 Larkin St. was originally constructed in 1983. Wyatt Huff and Hunter Stockard of Partners represented the undisclosed seller in the transaction. The…
NEW YORK CITY — Corporate Suites has signed a 13-year, 34,857-square-foot office lease in Midtown Manhattan. The provider of flexible workspace solutions will occupy the entire 18th and 19th floors of the 22-story building at 16 E. 34th St. David Rosenbloom and Matthew Etlinger of Cushman & Wakefield represented…
Foxlink Group purchased Alliance Gateway 17 at AllianceTexas in Fort Worth, Texas, where the company will establish a new PCBA manufacturing operation. The 147,780-square-foot facility at 4600 Alliance Gateway Freeway is expected to create approximately 900 jobs at full capacity. The Group integrates AI-driven…
Dallas Cowboys owner Jerry Jones’ real estate company sold one of its towers. The 313,417-square-foot office tower at 17 Cowboys Way was purchased by Hobbs Brook Real Estate, the real estate investment arm of FM Investment. The Dallas Business Journal reports the 11-story building, owned by Blue Star, is currently…
Diversified Partners is advancing a new 24-acre mixed-use development at the southeast corner of Ironwood Road and Ranch Road in San Tan Valley. The project includes approximately 25,000 square feet of proposed retail space and an approximately 50,000-square-foot medical building, which is under contract with…
Trepp Inc. has reported mixed data on CMBS distress levels lately. The volume of private-label securitized loans that are at least 30 days late declined by $3.49 billion, or 3.7%, in June. Conversely, while the volume of CMBS delinquencies shrunk to $43.98 billion, or 7.35% of the overall CMBS universe, the volume…
A venture between Formation Interests and Crescent Real Estate has broken ground on Phase II of Formation Park 10, a 261,168-square-foot industrial development in Goodyear, Arizona. The three-building expansion follows the completion of Phase I and will bring Formation Park 10 to nearly 689,000 square feet of…
Empire State Realty Trust is parting ways with its mixed-use building at 1359 Broadway and marketing it for sale, sources familiar with the move told Commercial Observer. The property is expected to fetch around $225 million, with the winning buyer owning the fee simple interest in the 486,000-square-foot, 22-story…
Blackstone’s growth continued unabated in the first half of 2026, as the firm leveraged its enormous data center and AI platform to report strong shareholder returns. In the second quarter, the firm delivered more than 20 percent year-over-year growth across total revenues, fee revenues, fee-related earnings, net…
On July 14, New York Gov. Kathy Hochul signed the nation’s first statewide moratorium on the building of new hyperscale data centers, pausing all state environmental permits for up to one year. The purpose, according to the governor’s announcement, is to take the time to establish “a nation-leading regulatory…
Another artificial intelligence firm is planting roots in Midtown South. Chalk AI, a data platform that provides companies with infrastructure to deliver data to AI agents, has signed a lease for 26,607 square feet at Castro Properties’ 43 West 23rd Street in the Flatiron District, according to landlord broker…
The Durst Organization has announced three leases totaling 11,223 square feet for prebuilt office suites at the company’s 1133 Avenue of the Americas, Commercial Observer has learned. In the largest of these, software company Quantexa signed a new lease for 5,263 square feet at the building. The U.K.-based firm…
A Sunnyvale R&D building fully leased to German engineering giant Bosch has traded hands for $46 million, the latest sign that investors are circling the blocks surrounding Applied Materials’ multibillion-dollar semiconductor research buildout. An affiliate of SFF Realty Partners purchased a 104,000-square-foot…
Preservation Equity Fund Advisors has purchased Quail Run Apartments, a 104-unit income-restricted community in San Leandro, and plans a capital campaign to modernize the aging property while locking in its affordability for the long term. Preservation Equity Fund Advisors, LLC (PEF Advisors) has acquired Quail Run…
State housing regulators hauled Half Moon Bay and Turlock into court over years-overdue housing plans, the Northern California front of a five-city enforcement campaign that puts local zoning power and mounting monthly fines at risk. California pushed its housing enforcement campaign into the Bay Area and Central…
A New York distressed-debt specialist has taken control of the buildable heart of San Francisco’s largest apartment complex, using a construction loan it never got repaid to foreclose on land approved for nearly 1,700 new homes. Yellowstone Real Estate Investments has completed a foreclosure takeover of the…
Robotics developer Sunday AI has committed to 51,550 square feet at 305 Walnut Street in Downtown Redwood City, a direct lease that injects fresh demand into one of the Peninsula’s most vacant submarkets. Sunday AI signed a direct deal for 51,550 square feet at 305 Walnut Street, a Menlo Equities-owned building in…
Brex takes all 200,000 SQFT at 270 Brannan St in a nearly 10-year San Francisco lease, reversing its earlier remote-first retreat. The post Brex Leases Entire 200,000 SQFT Building at 270 Brannan St in San Francisco appeared first on The Registry Northern California Real Estate .
First-Citizens Bank has started foreclosure proceedings against two prime Union Square retail buildings after their owner failed to repay a matured $40 million loan, with the lender now claiming more than $40.1 million due on collateral that sits at the doorstep of San Francisco’s marquee shopping district. A…
KANSAS CITY, KAN. — The Kansas City Chiefs have released initial concept renderings for the team’s new enclosed stadium set to open in Kansas City, Kan., in 2031. The Chiefs are still finalizing details, but the $3 billion stadium will hold 70,000 fans, feature a fully enclosed roof with translucent panels and…
ATLANTA — Space Shop Self Storage has three self-storage properties underway in Florida and Virginia totaling 2,088 units. With these projects, the Atlanta-based firm is nearing 80,000 units under management across more than 100 facilities. The newly announced properties include a 715-unit facility located at 134…
LONG BEACH, CALIF. — CBRE has arranged the $30 million sale of Mosaic, a six-building retail portfolio located in downtown Long Beach. An entity doing business as Mosaic Promenade Holdings LLC acquired the property from a partnership between Turnbridge Equities, Waterford Property Co. and Monument Square Investment…
GOODYEAR, ARIZ. — A venture between Formation Interests and an affiliate of Crescent Real Estate has broken ground on Phase II of Formation Park 10, an industrial development located just west of Phoenix in Goodyear. The three-building expansion will bring Formation Park 10 to nearly 689,000 square feet of…
FREDERICKSON, WASH. — Bridge Logistics Properties (BLP) has purchased a 782,775-square-foot distribution facility in Frederickson, located within the Seattle-Tacoma metro area. Terms of the transaction were not released. The property was developed by Panattoni and delivered in 2024 as part of a larger industrial…
BISMARCK, N.D. — Berkadia has arranged the equity placement and financing for the development of Vibra Hospital of the Central Dakotas, a 50-bed inpatient rehabilitation facility and long-term acute care hospital (LTACH) in Bismarck. The build-to-suit facility will be fully leased to Vibra Hospital of the Central…
SHELBYVILLE, KY. — Colliers has negotiated the sale of a 302,400-square-foot industrial facility located at 530 Logistics Drive in Shelbyville, a suburb roughly 30 miles east of Louisville. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse and Tyler Ziebel of Colliers, along with Doug Butcher and Alex Grove of…
JERICHO, N.Y. — Grassi, a provider of tax and accounting services, has renewed its 41,000-square-foot office lease in the Long Island community of Jericho. The space is located within 50 Jericho Quadrangle, which is situated at the intersection of Exit 40 of the Long Island Expressway and the Jericho Turnpike. Rob…
FLORENCE, ALA. — JLL has arranged the sale of Singing River Cancer Center, a 45,904-square-foot outpatient medical facility located at 180 Cox Creek Parkway S in Florence, a city in North Alabama’s Tennessee Valley region. Purpose-built on a 6.6-acre site in 2020, Singing River is a single-story cancer center…
SPOKANE, WASH. — Locally based brokerage firm Kiemle Hagood has negotiated the $32 million sale of 5 Mile Shopping Center, a multi-tenant retail center in north Spokane. An entity doing business as Romax 5 Mile LLC purchased the grocery-anchored property from 5-Mile Investment Co. I LLC. Situated on 14.2 acres at…
CANAL WINCHESTER, OHIO — Opus has broken ground on Canal Crossing Commerce Center, an 898,500-square-foot, three-building speculative industrial facility on 72 acres in the Columbus suburb of Canal Winchester. The project site is three miles from I-270, five miles from Rickenbacker International Airport and 10…
ELGIN, ILL. — Entre Commercial Realty has brokered the sale of a 95,179-square-foot industrial facility located at 999 Raymond St. in Elgin. The buyer, a locally based parts distributor, plans to invest in substantial renovations to both the office and warehouse areas. The freestanding property features seven…
NORFOLK, VA. — Bonaventure has broken ground on Attain at Newtown, an $85.3 million multifamily development located at 6659 E. Virginia Beach Blvd. in Norfolk. The 320-unit project, which is situated within an opportunity zone, is the second Attain-branded multifamily development that Bonaventure has begun…
Sterling Organization acquired Merchants Walk, a 271,992-square-foot, Whole Foods Market-anchored shopping center in Marietta, Georgia. Sterling Organization acquired the property from EDENS, an owner, developer, and operator of open-air retail and mixed-use properties, for $93.2 million. The investment was made on…
Terra completed Phase One of Upland Park, a $1 billion transit-oriented community that will transform West Miami-Dade County’s Dolphin Park-and-Ride Transit Terminal Facility into a 47-acre mixed-use community with residential, retail, and commercial uses. The newly delivered first phase of the project comprises…
Walton Communities has sold off Walton Lakes, a 305-unit, market-rate multifamily community, and The Legacy at Walton Lakes, a 126-unit, 55+ LIHTC community, both in Atlanta. Clark Ventures was the buyer. The buyer was able to assume HUD financing for Walton Lakes. JLL represented the buyer on the affordable…
Google’s parent company has quadrupled its office footprint in Miami, Bloomberg reported. Alphabet inked a lease for about 45,000 square feet at 1450 Brickell Avenue this spring, where it had been leasing about 10,000 square feet. The tech giant has been stationed at the 34-story building since 2016. Developer…
Adler Partners, an owner and operator in the U.S. industrial space, has secured $343 million to recapitalize select assets in its fourth commercial real estate investment fund after closing its Adler Light Industrial Portfolio II (ALIP II) this month, according to a release. Corebridge Financial provided $203…
The Tenderloin Neighborhood Development Corporation has resubmitted preliminary permits for its 199-unit affordable senior housing development at 1234 Great Highway in San Francisco’s Outer Sunset, but the roughly $181 million project remains stalled as the developer waits to see whether a statewide bond measure…
Argentine government announces deregulatory measures aimed at easing securitization of mortgage loan portfolios to stimulate housing credit activity.
A year after OpenAI CEO Sam Altman expressed concerns about the possibility of an artificial intelligence bubble, the firm that created ChatGPT is planning to pump more than $20B into a new 3.2-gigawatt data center outside of Savannah.
Phoenix's office market is showing signs of improving health.
For the first time in four years, the EB‑5 industry has an up-to-date draft rulebook. The recently released policy document provides long-awaited guardrails but has also touched off a wave of anxiety, as it proposes a rule change that could threaten...
Williams Tower, the iconic office tower next to The Galleria, has sold to its namesake tenant for more than $300M. This is the largest single-property office sale in Houston since 2019, according to Green Street News.
Charlotte is in the early stages of working toward a new data center policy amid a development moratorium, part of a growing wave of project pauses happening in jurisdictions around the country. Since its 150-day moratorium began in June, city staff...
Not long after billionaires Sergey Brin and Larry Page dropped a combined hundreds of millions of dollars on Miami real estate, the company they founded is growing its Magic City office presence.
A proptech company focused on deploying AI agents to meet landlords' leasing and operational needs has closed its second funding round.
One of the largest construction lenders in the U.S. is still shrinking its real estate portfolio, according to second-quarter earnings results. Bank OZK's real estate exposure fell to 47% of its overall loan book in the second quarter, down from 52%...
Marcus & Millichap closed the sale of Redwood Meadows, a 101-unit senior multifamily property located at 1475 Baechtel Rd. in Willits. The property sold for $10.8 million, or $106,931 per unit. “Senior housing communities with stable occupancy and long-term growth potential continue to attract investor interest…
Roselle Grande, a 119-unit garden-style apartment community located at 220-250 W. Sumner Ave. in Roselle Park, NJ, has changed hands for an undisclosed price, in a transaction arranged by SAGE Real Estate Advisors. The firm’s brokerage team of partners and co-founders Steve Tragash and Greg Pine, alongside…
The Durst Organization and The Port Authority of New York and New Jersey announced that Mercor has signed a lease at One World Trade Center for 25,550 square feet on the 77th floor. The term length was not disclosed. With this agreement, One World Trade Center is 97% leased and Mercor joins the growing community of…
In the post-pandemic years of 2023 and 2024, many in commercial real estate believed that although the economy wasn’t great and there wasn’t much money to be made, “survive until ’25” was a mantra to live by. “Unfortunately, we all survived to ’25 and then nothing had happened,” Walker & Dunlop chairman and CEO…
Shuttered since the pandemic, the historic Cinerama Dome in Hollywood and surrounding 14-screen movie theater are set to reopen under the management of Alamo Drafthouse Cinema, a unit of Sony Pictures Entertainment. CBRE’s Nicole Mihalka, along with Carl Muhlstein of Muhlstein CRE, and Scott Burns and Shauna Mattis…
Article reports on banks' strategies for reducing exposure to distressed commercial real estate loans through creative asset management and portfolio repositioning.
Legal & General acquired Proprium, a real estate group, as part of its private markets expansion strategy.
Hacienda, Northern California’s largest mixed-use development, continued to strengthen its market position during the second quarter of 2026, supported by improving occupancy, positive net absorption, and continued leasing activity across a broad range of tenant sizes. Building on the momentum established earlier…
After two years of scaling back its office footprint, Google is recommitting to 2.1 million square feet of offices in Sunnyvale, reversing the space-cutting strategy embraced by many Silicon Valley tech companies in the post-pandemic years. The Silicon Valley Business Journal reported that Google, the core unit of…
Boyd Wilson LLC has acquired The Landings, a 384-unit apartment community in Bethlehem, Pennsylvania, for $97 million. The transaction was supported by a $67.9 million Northmarq-Freddie Mac senior loan and $13.5 million in preferred equity from Northmarq Fund Management. The acquisition was executed alongside…
Stotan Industrial has acquired approximately 15 acres at 11231 Katherines Crossing in Woodridge, Illinois, for the development of Stotan Crossings Woodridge, a 221,400-square-foot industrial facility. Leasing of Stotan Crossings Woodridge will be led by Sean Henrick, Jason West, Ryan Klink and Connor Niego of…
Tishman Speyer has signed lease agreements totaling 149,155 square feet at 125 High St., its 1.5-million-square-foot office campus in Boston’s Financial District. These include a 5,740-square-foot expansion with MG+M The Law Firm to grow its headquarters to 44,580 square feet, a nine-year lease extension for 20,115…