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0m ago•schedule1 min read•Source: Commercial Property Executive

PropertyCon Special Report: What’s Next for Office Management?

In a rapidly changing industry, adaptation and flexibility will be crucial. The post PropertyCon Special Report: What’s Next for Office Management? appeared first on Commercial Property Executive

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0m ago•schedule1 min•Commercial Property Executive

Opus’ New Industrial Park Gets 1st Occupant

An engineering company has bought a 47-acre parcel at this Indianapolis-area property. The post Opus’ New Industrial Park Gets 1st Occupant appeared first on Commercial Property Executive .

Tariffs and CRE Construction by the Numbers

A little more than a year ago, President Donald Trump launched “Liberation Day,” which imposed broad tariffs on imports and marketing a shift in trade policy. What has been the impact on commercial re

The Current Job Numbers and Their Real Estate Impacts

The Bureau of Labor Statistics’ March report noted that total non-farm payroll employment increased by 178,000, while the unemployment rate remained at 4.3%. At the same time, net hiring for Q1 2026 w

Understanding the AI-Office Space Connection

Artificial intelligence will increase productivity, leading to greater efficiency and higher output. And, artificial intelligence will steal jobs, negatively impacting the labor force. According to a

CBRE Survey Uncovers Industrial Occupier Sentiments

Flight to quality, greater focus on real estate costs, and an increase in domestic manufacturing were among the themes that emerged from CBRE’s U.S. Industrial & Logistics Occupier Survey. The surpris

New York People and Company News, Week of April 10, 2026

The post New York People and Company News, Week of April 10, 2026 appeared first on Connect CRE .

Sale of East Hollywood Affordable Entailed Three Separate Government Approvals

The LAAA Team of Marcus & Millichap closed on the sale of 1536 N Serrano Ave, a 42-unit LIHTC community in East Hollywood, for $7,600,000. The team noted that three separate government approvals, a 16

Atar Capital Expanding, Moving to L.A.’s Most Expensive Office Building: Sources

A private investment firm in Los Angeles announced it’s expanding and moving its headquarters across the street in Century City to what is said to be the most expensive office building in Southern Cal

Cushman & Wakefield Brokers $4.5M Sale of Mixed-Use Development Site in Randolph, New Jersey

RANDOLPH, N.J. — Cushman & Wakefield has brokered the $4.5 million sale of a mixed-use development site in the Northern New Jersey community of Randolph. The site at 1192 Sussex Turnpike is approved f

Perplexity Signs Office Lease Expansion in Manhattan’s Union Square

NEW YORK CITY — Perplexity has signed an office lease expansion in Manhattan’s Union Square area. The AI platform now occupies 22,000 square feet across two full floors within the adjoining buildings

Rare-Earth Magnet Maker to Construct $918M Raleigh-Area Plant

Vulcan Elements paid $8 million for 56 acres in Benson to build a rare-earth magnet manufacturing plant. The Triangle Business Journal reports Vulcan will invest $918 million in the plant, which could

Hyundai Translead Signs 1.4 MSF Industrial Lease in Joliet, Illinois

JOLIET, ILL. — Hyundai Translead, a subsidiary of Hyundai Motor Co., has signed a 1.4 million-square-foot lease in Joliet. Industrial Realty Group LLC (IRG) owns the property, which was formerly Cater

0m ago•schedule1 min•Commercial Property Executive

Covington Gets OK for Massive SoCal Industrial Development

The property will include as much as 9.4 million square feet. The post Covington Gets OK for Massive SoCal Industrial Development appeared first on Commercial Property Executive .

Affinius Capital Receives $144M Construction Loan for The Carina Multifamily Project in Santa Ana, California

SANTA ANA, CALIF. — Affinius Capital has received $144 million in construction financing for The Carina, an apartment development in Santa Ana. Jamie Kline, Charlie Vorsheck, Nick Englhard and Charlie

JLL Arranges Financing for 94-Acre Northpoint Innovation Park in Salt Lake City

SALT LAKE CITY — JLL Capital Markets has secured an undisclosed amount of financing for Northpoint Innovation Park, a 94-acre master-planned industrial project at 3200 N 2200 W in Salt Lake City. A Ut

BREAKING NEWS: Inflation Jumps 0.9% in March as Energy Costs Surge

U.S. headline inflation accelerated sharply in March, driven by a surge in energy prices, further complicating the Federal Reserve’s policy path. Data from the Bureau of Labor Statistics showed consu

Gantry Secures $14M Refinancing for Student Housing Property in Berkeley, California

BERKELEY, CALIF. — Gantry has secured a $14 million permanent loan to refinance a near-term maturity for a student housing property located at 2715 Dwight Way in Berkeley. Situated within walking dist

Beacon Group Acquires 4,665 SF Office Space at Coronado Professional Plaza in Avondale, Arizona

AVONDALE, ARIZ. — Beacon Group has purchased 4,665 square feet of office space at Building E, Units 117 and 119 within Coronado Professional Plaza, located at 3400 N. Dysart Road in Avondale. Arizona

Newmark Arranges $41M Sale of Michigan Avenue Retail Space in Chicago

CHICAGO — Newmark has arranged the $41 million sale of the retail portion of 500 North Michigan Avenue along Chicago’s Magnificent Mile. The 21,565-square-foot space is fully leased to tenants such as

Stream Realty Partners to Handle Leasing, Management for 567,531 SF Office Tower in Chicago

CHICAGO — FTK Capital has selected Stream Realty Partners to oversee the leasing and property management of 111 W Jackson, a 25-story, 567,531-square-foot office tower located at 111 W. Jackson Blvd.

CBRE Brokers Sale of 126,335 SF Flex Industrial Property in Milwaukee

MILWAUKEE — CBRE has arranged the sale of a five-building, 126,335-square-foot flex industrial property in Milwaukee. Minnesota-based Brait Capital purchased the property from Oyster Two Wisconsin Own

Greystar, Haseko Break Ground on 189-Unit Multifamily Project in Needham, Massachusetts

NEEDHAM, MASS. — A partnership between South Carolina-based owner-operator Greystar and the U.S. subsidiary of Japanese developer Haseko has broken ground on a 189-unit multifamily project in Needham,

Jeweler Pandora Inks Retail Lease at Rudin’s 3 Times Square

Rudin has secured a 10.5-year retail lease with global jewelry brand Pandora Ventures LLC to create a new retail store at 3 Times Square. The 4,107-square-foot shop is set to open in late 2026. Pandor

Talonvest Team Leads in Fundraising for Orange County Walk for Kids

As it has done for several years running, Talonvest Capital will field a team at the Orange County Walk for Kids event at Championship Soccer Stadium in Irvine on April 25, benefiting Ronald McDonald

LIC Parcel Trades to Developer at Full Price

Marcus & Millichap has closed the sale of 28-04 41st Ave., a development site in Long Island City, for $9,375,000. Sean Fopeano, Shaun Riney, Joe Koicim and David Cornejo of Marcus & Millichap’s NYM G

Ellis Realty Repositions Hingham Offices as South Shore Business Hub

Ellis Realty Advisors will establish new headquarters at 4 Pond Park in Hingham, MA. Vacant since 2019, the office building was acquired in November 2025 and has since been reimagined by Ellis to ref

Western Alliance Provides $78M Financing for Low-Income Housing in Mission District

Western Alliance Bank is providing $77.9 million in construction financing and Low-Income Housing Tax Credit equity for The Marvel in the Mission, the largest affordable housing development in San Fra

On Location Signs DTLA’s Largest New Office Lease Since 2024

CBRE facilitated a 108,272‑square‑foot lease at 445 S. Figueroa St. in Downtown Los Angeles on behalf of Washington Capital. The tenant, On Location LA, a global leader in experiential hospitality, wi

Lincoln Property Company Hires Sean Perrier for SoCal Industrial Deals

Global real estate firm Lincoln Property Company (LPC) has hired Sean Perrier to be a vice president targeting industrial acquisitions in Southern California, Commercial Observer can first report. Per

Living Proof Leases Entire Floor at Brick-and-Beam Property in Seaport District

Life sciences firm Living Proof has executed a 14,085-square-foot lease for office and lab space at GENESIS 12 Farnsworth a brick-and-beam property converted from office use and located at 12 Farnswor

AI Tenants Double Their NYC Leasing Activity Year Over Year

AI companies are leasing space in New York City at double the pace of last year, JLL reported. Leasing volume through March 31 already reached half of the full-year 2025 total, and the average lease s

Associated Bank Finalizes $33M Loan for Wisconsin Multifamily Project

Associated Bank recently completed a $32.75 million loan to Toonen, Inc. for the construction of a multi-family apartment complex at 2101-2431 McCarthy Road in Grand Chute, Wisconsin. The Strata Apart

60-Acre College Campus Listed for Sale in Suburban Chicago

Trinity Christian College has retained CBRE as exclusive listing agent for the sale of its campus at 6601 West College Drive in Palos Heights, Illinois, approximately 18 miles southwest of downtown Ch

0m ago•schedule1 min•Commercial Property Executive

AI Likely to Challenge Office Sector for the Rest of the Decade

The impact could raise already high vacancies, Newmark report finds. The post AI Likely to Challenge Office Sector for the Rest of the Decade appeared first on Commercial Property Executive .

Forest Hills Synagogue to Sell to RJ Capital, Top Rock Holdings for $39M

RJ Capital Holdings and Top Rock Holdings, two New York City-based real estate development and investment firms, are in contract to purchase the Forest Hills Jewish Center (FHJC) at 106-06 Queens Boul

Matthew Linde of People Restoring Communities: 5 Questions

For Matthew and Benjamin Linde, affordable housing development isn’t just a career, it’s a family business. Rather, it’s the family’s calling. Together, the Linde brothers lead People Restoring Commu

Jess Beck of Alfred: 5 Questions

Alfred is a national residential property management and technology platform co-founded by Jess Beck. Based in New York, Alfred manages 50,000 units nationally. “We have a fundamental thesis on the ev

Revere Rescues $65M Los Alamos Rental Project

Revere Capital completed The Hill, a $65 million, 149-unit Class A multifamily community in Los Alamos, New Mexico. The project reached completion after Revere assumed control during construction in 2

Crow Acquires Highland Park Shopping Center

Dunhill Partners sold The Shops at Mockingbird, a retail center located at 4550 West Mockingbird Lane in Dallas, Texas. The property has been acquired by a Crow Holdings Capital real estate fund. Span

Witnick Real Estate Sells 525 Union Avenue in Williamsburg for $38M

Witnick Real Estate Partners, a New York City-based real estate investment and management company, cashed out on a 46-unit apartment building in Williamsburg, Brooklyn, this week. Witnick, through the

UH Razing Vintage Campus Building to Make Way for Innovation Hub

The University of Houston is tearing down an 85-year-old building to make way for an $82 million Innovation Hub. The Houston Business Journal reports the school will raze the vintage Technology Annex

Interra Takes On Greenway Plaza

Interra Capital Group acquired Greenway Plaza, a landmark 53-acre, 4.5 million-square-foot mixed-use office campus in the heart of Houston. One of Houston’s most prominent commercial properties, Green

Two Orlando Industrial Properties Change Hands

Basis Industrial and One Investment Management purchased two Orlando industrial properties as part of a shallow bay industrial portfolio. Three other properties in the portfolio are in the Atlanta. Th

Dwight Capital Provides $56M HUD-Insured Construction Loan for Metro Dallas Multifamily Project

GARLAND, TEXAS — New York City-based Dwight Capital has provided a $56 million HUD-insured construction loan for StoneHawk Rosehill, a 269-unit multifamily project in the northeastern Dallas suburb of

Sansone Group, Principal Break Ground on 682,000 SF Industrial Project in South Austin

AUSTIN, TEXAS — A partnership between St. Louis-based developer Sansone Group and Principal Asset Management has broken ground on a 682,000-square-foot industrial project in Austin. The site is locate

Bradford Negotiates Sale of 40,670 SF Industrial Building in Grand Prairie, Texas

GRAND PRAIRIE, TEXAS — Bradford Commercial Real Estate Services has negotiated the sale of a 40,670-square-foot industrial building in Grand Prairie, located roughly midway between Dallas and Fort Wor

Toll Brothers Buys Land for Over 400 Cary Rental Units

Toll Brothers bought a 27-acre mobile home park in Cary. The company will build 407 residential units at the site. 330 are slated to be multifamily units, and 97 are expected to be townhomes. The Tria

BNY Mellon Signs 26,849 SF Office Lease in Downtown Houston

HOUSTON — BNY Mellon has signed a 26,849-square-foot office lease in downtown Houston. The bank is taking space at 811 Main, a 974,884-square-foot office building. Eric Anderson and John Heard of Tran

Inflation Up 3.3% in March Amid Highest Inflationary Period Since 2022

Inflationary warning signs are officially flashing. On the heels of war with Iran, the Consumer Price Index reported that the rate of inflation increased to 3.3 percent in March 2026 compared to March