United Rentals Inc. Joins ESRT Tenant List at First Stamford Place
Empire State Realty Trust recently announced it had added another tenant to its prestigious roster in one of Connecticut’s most sought-after business parks.
Innovatus Capital Partners Acquires 5-Story San Diego Office Building
Innovatus Capital Partners, a New York City-based portfolio management firm, recently announced the purchase of…
Industrial Campus in Los Angeles’ South Bay Sells for $182 Million
Newmark announced the sale of a 576,000-square-foot industrial tech campus in the Los Angeles metro for $182 million.
Downtown-Financial District Becomes Boston’s Most Expensive Neighborhood
With a median home sale price of $1.25 million, the Downtown-Financial District became Boston’s most expensive neighborhood in the first half of 2021.
NHRA Sells Glendora Office in Bid to Relocate to Indianapolis
The National Hot Rod Association (NHRA) recently listed for sale its headquarters in Glendora, Calif.,…
Hines Fund Pays PG&E $800M for San Francisco Office Property
A fund affiliated with Hines recently agreed to purchase PG&E’s San Francisco headquarters as the utility and energy company is preparing for a relocation and consolidation in Oakland.
NYC Suburbs That Drew Homebuyers During COVID-19
Key Takeaways: Home sales dipped in NYC, but increased substantially in many of the city’s…
The 50 Most Expensive Submarkets for Office Space in Q4 2020
A recent study highlighted the 50 most expensive submarkets for office space, finding that most are concentrated in select markets in California and New York.
MetLife Investment Management Sells 304,000-Square-Foot Denver Office Building
Metlife’s asset management branch recently announced the sale of a 304,000-square-foot office tower in Denver for $74.3 million.
Highwoods Properties Acquires 636KSF Raleigh Office Complex
The REIT paid $131 million for its venture partner’s 75% stake in a Raleigh office campus.
CIM Commercial Trust Signs New Long-Term Tenant in Austin Office Campus
REIT CIM Commercial Trust signed a tenant for eight years in one of Austin’s most popular destinations for office space.
PennyMac Signs Lease for 75KSF Phoenix Office Building
Mortgage lender PennyMac Loan Services recently announced it had signed a lease for 3201 E….
Specialty Lender Trinity Capital Inc. Signs Lease for New HQ in Phoenix
Trinity Capital — a lender specializing in loans and equipment financing for growing tech companies — announced a lease for an office space in Phoenix that it intends to turn into its new headquarters.
Apple Leases 2 Additional Floors in Midtown Office Building
Apple recently announced it had signed its biggest lease yet in New York City — a 336,000-square-foot office space in Midtown Manhattan.
Brookfield Acquires 343K SF Office Building in Bellevue, Wash., for $365M
Brookfield announced it had purchased a 343,000-square-foot Bellevue commercial property currently occupied by Facebook.
Centric Brands Signs 212K SF Lease in Empire State Building
Centric Brands signed a lease for 212,000 square feet of office space in the Empire State Building directly from the property’s owner, the Empire State Realty Trust.
An 80-Year Overview of Real Estate Development in L.A. — From Aeronautics, to Finance, to Silicon Beach
Urban resilience is an increasingly important topic in today’s complex environment. Through the evolution of its real estate market, Los Angeles is an example of urban resilience and adaptability.
California Food Tech Company Signs 112K SF Sublease
California food technology company Perfect Day recently announced it had subleased from Aduro Biotech 112,000…
D.C., DFW & Bay Area Are the Nation’s Biggest Suburban Office Markets
D.C., Dallas-Fort Worth and the Bay Area were found to be the nation’s biggest suburban office markets. DFW lead the list for suburban office developments in the last 10 years.
Breakthrough Properties Fully Leases Boston Building to Biotech Company
Breakthourgh Properties announced the full lease of a 263,500-square-foot laboratory building in Boston to gene editing company CRISPR Therapeutics.
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