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Event 06/27/2020
2020 BOMA International Annual Conference & Expo

We’ve made some changes to take the BOMA International Conference & Expo into the next generation of commercial real estate. From new session...

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Downstate MOB Trades to Private Equity Firm for $10M
News 1 hour ago
Downstate MOB Trades to Private Equity Firm for $10M

Marcus & Millichap recently closed the sale of a fully leased, 65,900-square-foot medical office building at 707 N. Logan Ave. in Danville, IL. The...

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Consumer Spending Posts Steepest Monthly Drop on Record
News 1 hour ago
Consumer Spending Posts Steepest Monthly Drop on Record

Consumer spending plunged 13.6% in April, according to a Bureau of Economic Analysis (BEA) report released Friday. The $1.89-trillion monthly...

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Baker Hughes Rig Count Reaches Record Low
News 1 hour ago
Baker Hughes Rig Count Reaches Record Low

The number of operating U.S. oil and gas rigs as counted by Baker Hughes plunged for the 12th consecutive week to a new low of 301, the Houston...

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LPC West Is Looking to West Coast Growth
News 1 hour ago
LPC West Is Looking to West Coast Growth

Downtown-based LPC West, the West Coast arm of Lincoln Property Co., is expanding its mixed-use sector in Los Angeles. As part of the move to more...

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Atlas Capital Buys Pasadena Office Site
News 1 hour ago
Atlas Capital Buys Pasadena Office Site

The Pasadena marketplace has already seen a handful of big investments this year, and Atlas Capital Group is the latest buyer. The real estate...

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Bedrock Expands Tenant Relief Program in Downtown Detroit
News 1 hour ago
Bedrock Expands Tenant Relief Program in Downtown Detroit

As Michigan businesses begin to reopen, Detroit commercial landlord Bedrock is rolling out Bedrock Relaunch, which will offer enhancements to the...

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TikTok Takes Seven Floors at Times Square Office Tower
News 1 hour ago
TikTok Takes Seven Floors at Times Square Office Tower

Social media company TikTok has committed to 232,000 square feet at One Five One in Times Square, a Durst Organization spokesman confirmed. The...

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Austin Retail Fundamentals Hold Steady in Lockdown
News 1 hour ago
Austin Retail Fundamentals Hold Steady in Lockdown

Austin retail fundamentals weren’t shaken by the COVID-19 pandemic despites two months of closures, NAI Partners reported. Occupancy stood at 95.8%...

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Starwood Capital Will Recapitalize TPG REIT
News 1 hour ago
Starwood Capital Will Recapitalize TPG REIT

TPG RE Finance Trust (TRTX) has entered into a definitive investment agreement with an affiliate of Starwood Capital Group for a commitment of up...

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Suffolk County MOB Changes Hands
News 1 hour ago
Suffolk County MOB Changes Hands

Cushman & Wakefield arranged the sale of 175 E. Main St., a 25,302-square-foot medical office building in the Suffolk County community of...

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Marcus & Millichap Makes Fast Sale of Brownsville CVS
News 1 hour ago
Marcus & Millichap Makes Fast Sale of Brownsville CVS

Marcus & Millichap recently closed on the sale of a 13,190-square foot net-leased CVS drugstore in Brownsville. The property sold for $7,332,246....

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Chicago to Shut Down Some Streets to Expand Outdoor Dining
News 1 hour ago
Chicago to Shut Down Some Streets to Expand Outdoor Dining

Although looting during the weekend’s protests against the death of George Floyd could delay Chicago’s planned June 3 reopening, the Lightfoot...

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Sterling Bay Signs Fitness Studio at 333 N. Green
News 1 hour ago
Sterling Bay Signs Fitness Studio at 333 N. Green

Sterling Bay signed a lease with Studio Three, a boutique fitness operator, at its new mixed-use development, 333 N. Green in the Fulton Market...

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Harrison Street, BioScience Sign Lease at Sorrento Mesa Life Science Campus
News 1 hour ago
Harrison Street, BioScience Sign Lease at Sorrento Mesa Life Science Campus

Wateridge Property Owner LP, a venture between Harrison Street and BioScience Properties (BPI), signed a lease with AnaptysBio for 45,057 square...

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Governor Inslee Expands Washington's Reopening Plan
News 1 hour ago
Governor Inslee Expands Washington's Reopening Plan

Washington Governor Jay Inslee expanded the state’s Safe Start Phased Reopening plan. The expansion comes as the current Stay Home, Stay Healthy...

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W&D Webcast: CO Governor Polis on Shutting Down and Reopening
News 1 hour ago
W&D Webcast: CO Governor Polis on Shutting Down and Reopening

Among the first states to close restaurants and bars and then implement shelter-in-place orders as the COVID-19 pandemic reached the U.S., Colorado...

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Gov. Ducey Allocates Nearly $600M COVID-19 Relief for Arizona Cities, Nonprofits
News 1 hour ago
Gov. Ducey Allocates Nearly $600M COVID-19 Relief for Arizona Cities, Nonprofits

The Governor’s Office is providing nearly $600 million in coronavirus relief and recovery dollars for local Arizona governments and nonprofits, as...

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Three-Building, Flex Industrial Business Park in Lake Oswego Trades Hands
News 1 hour ago
Three-Building, Flex Industrial Business Park in Lake Oswego Trades Hands

Lake Oswego Executive Park, a flex industrial business park at 5755-5795 Jean Rd. in Lake Oswego, OR, was purchased by Diamond J Investments, LLC...

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NYC on Target to Begin Reopening June 8
News 1 hour ago
NYC on Target to Begin Reopening June 8

The last region of New York State to begin the process of exiting the lockdown brought about by the COVID-19 pandemic, New York City is on track to...

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Gensler Relocates to The Esplanade in Phoenix, Debuts Living Lab
News 1 hour ago
Gensler Relocates to The Esplanade in Phoenix, Debuts Living Lab

Gensler is relocating its Phoenix office to The Esplanade and will introduce a Living Lab workplace model. The more than 10,000-square-foot new...

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COCM Releases Guidelines for Student Housing Managers Re-Opening in Fall
News 1 hour ago
COCM Releases Guidelines for Student Housing Managers Re-Opening in Fall

Birmingham-based student housing advisory and management firm Capstone On-Campus Management (COCM) has released a roadmap to reopening student...

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FivePoint, City of Hope Complete Building, Land Sale in $1B Cancer Center Complex
News 1 hour ago
FivePoint, City of Hope Complete Building, Land Sale in $1B Cancer Center Complex

City of Hope acquired a 190,000-square-foot, four-story building and 11 adjacent acres for $108 million from Five Point Office Venture I, LLC in...

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Growing up in the CRE industry: Director shares key components to success
News 3 hours ago
Growing up in the CRE industry: Director shares key components to success

The commercial real estate industry is competitive and takes a certain work ethic and level of determination to succeed. I've had the unique...

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What Are the Benefits of Precast Parking Structures?
News 4 hours ago
What Are the Benefits of Precast Parking Structures?

SAN FRANCISCO-With the potential for more people driving into cities and workplaces rather than taking public transit once staggered workforces get...

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Virus disruptions get shorter at UAW plants
News 5 hours ago
Virus disruptions get shorter at UAW plants

An employee at FCA's assembly plant in Windsor, Ontario, has his health screening via mobile app checked before being allowed entry. In the second...

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Many office workers eager to return, but concerned about getting sick – Real Estate NJ
News 7 hours ago
Many office workers eager to return, but concerned about getting sick – Real Estate NJ

By Joshua Burd A new survey has found that many workers are looking forward to going back to the office, but remain concerned about getting sick...

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WCRE inks sale of 3,400 sq. ft. office building in Mount Laurel
News 7 hours ago
WCRE inks sale of 3,400 sq. ft. office building in Mount Laurel

103 Fairway Terrace in Mount Laurel — Courtesy: Wolf Commercial Real Estate By Joshua Burd A law firm has acquired a 3,400-square-foot office...

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Microsoft to establish new tech hub at Reston Town Center
News 8 hours ago
Microsoft to establish new tech hub at Reston Town Center

Microsoft Corp. (NASDAQ: MSFT) has inked a deal to lease a large block of space in Reston, Virginia, for a new technology hub, with plans to create...

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Microsoft plans to invest $64M in new Virginia-based tech hub
News 8 hours ago
Microsoft plans to invest $64M in new Virginia-based tech hub

Microsoft Corp. (NASDAQ: MSFT) has inked a deal to lease a large block of space in Reston, Virginia, for a new technology hub, with plans to create...

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