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Tenants & leasing news – page 17
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Production Fabrication Firm Relocates to Rancho DominguezDAUM Commercial Real Estate Services completed a 10-year lease agreement for a 35,333 square-foot industrial property at 2945 East Maria St. in Rancho Dominguez on behalf of landlord Crown Associates Realty, Inc.
MSCI: Office Prices Show Signs of Recovery as Industrial, Apartments Lose MomentumIn the years following the pandemic, industrial and multifamily properties were the darlings of commercial real estate investors.
Faneuil Hall Owner J. Safra Group Sues Tenants, Alleging $2M In Unpaid RentJ. Safra Group sues seven tenants for $2M in unpaid rent at Faneuil Hall Marketplace.
Orders To Vacate On The Rise, Leaving Tenants With No Home, No TimelineOrders to vacate are increasing across the board, displacing tenants.
Mermaid Inn Restaurateurs Ink 2K SF at 61 West 74th Street for New EateryRestaurateurs Danny Abrams and Cindy Smith are making a splash on the Upper West Side. The couple and co-founders of New England-style seafood spot Mermaid Inn have selected 61 West 74th Street for their next venture, Commercial Observer has learned.
Landlords Are Pushing Rents In Houston's Split Office MarketHouston office rental rates are on the rise as quality buildings see more than 90% occupancy, but lower-class buildings suffer.
Representative imageNordstrom Rack Takes 22K SF in Wellington, Fla.Nordstrom Rack has signed a 22,000-square-foot lease in Wellington, Fla., the Seattle-based retailer announced Thursday. Nordstrom Rack is the discount concept run by Nordstrom.
Starwood’s Net Income Drops 95% Annually — and Then Its Stock DropsStarwood Property Trust’s stock tanked hours after the firm reported its second-quarter earnings, dropping 4 percent in one morning, as the firm reported major declines in net income.
Fintech Firm Maybern Grows to 30K SF at 10 Astor PlaceMaybern, a financial technology company that specializes in fund management solutions for private markets, has signed a long-term lease renewal at 10 Astor Place, nearly tripling its footprint in the GFP Real Estate-owned building.
Rudin Taps Global Holdings SVP Craig Panzirer as Office Leasing HeadRudin has hired Craig Panzirer as senior vice president for office leasing, Commercial Observer has learned. Panzirer began the new role in July.
Representative imageChelsea Piers Fitness to Open 76,000 SF Gym in Lower ManhattanNEW YORK CITY — Chelsea Piers Fitness will open a 76,000-square-foot gym in Lower Manhattan.
Representative imageRatio Therapeutics Signs 17,000 SF Office Lease Expansion in Boston’s Seaport DistrictBOSTON — Ratio Therapeutics has signed a 17,000-square-foot office lease expansion in Boston’s Seaport District.
HUD Withholds Voucher Funding, Pushing Landlords, Tenants To The BrinkEmergency housing vouchers face funding cuts, leaving tenants and landlords uncertain.
JAMS Relocating New York Offices to 3 Times SquareRudin has secured an agreement with JAMS, a provider of alternative dispute resolution services, to relocate its New York Resolution Center to 3 Times Square. The tenant will occupy 55,335 square feet across the entirety of the building’s top two floors.
Ardent, Ironwood Open Self-Storage on Former Brownfield in WoonsocketThe Ardent Companies and Ironwood Development Partners announced the opening of a Class-A self-storage facility in Woonsocket, RI. Located at 153 Hamlet Ave., the three-story, 80,000-square-foot property features 913 climate-controlled units.
Representative imageBrookfield Asset Management Raises Record $77B in Q2Brookfield Asset Management raised a company record $77 billion in the second quarter of 2026, bringing its assets under management to more than $1 trillion, the investment firm reported in an earnings call Wednesday.
Office Leasing Posts Strongest First Half Since 2019West Coast markets are leading the way, driven by strong demand from artificial intelligence companies.
Salad and Go Shutters All 60 Arizona LocationsSalad and Go, a made-to-order fast-casual spot dishing up salads, wraps and breakfast options, has filed for Chapter 11 bankruptcy and revealed all locations will close down immediately.
Representative imageCushman & Wakefield Sets Second-Quarter Revenue RecordCushman & Wakefield said Wednesday that its second-quarter earnings were strong enough to boost the commercial real estate services giant’s per-share earnings guidance for the year.
Representative imageLindenmeyr Munroe Signs 100,043 SF Industrial Lease in North HoustonHOUSTON — Lindenmeyr Munroe has signed a 100,043-square-foot industrial lease in North Houston.