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Newmark Posts Record Q2 Revenue, Holds Guidance FlatNewmark posted a strong quarter for revenue, driven by multifamily investment and office leasing on the coasts, but uncertain conditions ahead prompted the brokerage to hold its full-year guidance steady. The company brought in $888.4M in revenue in...
Representative imageCBRE Reports Strong Q2 Earnings Amid Data Center Revenues, Office Leasing GainsSurging data center services revenue and a rebound in U.S. office leasing stood out in CBRE’s strong second-quarter results for 2026.
CBRE Posts 16% Revenue Growth In Q2 As Data Center Business ShinesCBRE outperformed industry expectations during the second quarter as its core earnings per share rose 30% on a 16% revenue increase thanks to a strong performance by the company’s infrastructure and data center services businesses. The world's largest...
Newmark Tops Earnings Forecasts Aided by 16% Capital Markets BoostNewmark continued its 2026 momentum as a leading global real estate advisory firm this year by topping earnings forecasts for a second straight quarter thanks largely to a boost in its capital markets investment business.
ShipBob Signs 301,826 SF Industrial Lease in Bethlehem, PennsylvaniaBETHLEHEM, PA. — ShipBob has signed a 301,826-square-foot industrial lease in the Lehigh Valley city of Bethlehem.
Representative imageRally House Signs 17,542 SF Retail Lease at Winchester Center in Rochester Hills, MichiganROCHESTER HILLS, MICH. — Rally House has signed a 17,542-square-foot retail lease at Winchester Center in Rochester Hills. Greg Newman and Jason Orow of Keystone Commercial Real Estate arranged the lease.
VP Eric Jeremiah Joins CBRE’s Greater Boston Office Leasing TeamEric Jeremiah has joined CBRE as a VP in the organization’s Greater Boston suburban office brokerage business. Jeremiah will focus on both tenant and landlord representation.
Phoenix Leads Nation in Hotel OpeningsThe Phoenix metro will have more hotels open this year than any other major city in the United States. The Valley of the Sun is expected to have 26 hotel projects open before the end of the year.
U.S. Department of Veterans Affairs Takes 5K SF at 1733 Eastchester Road in the BronxSimone Development Companies has brought its two-story, 27,275-square-foot medical and office building at 1733 Eastchester Road in the Bronx’s Morris Park neighborhood to full occupancy, according to the firm. The building’s last vacant space was leased in June, when the U.S.
Representative imageWhole Foods Signs 8K-SF Lease to Open Daily Shop at 1524 Second AvenueWhole Foods Market has signed a lease on the Upper East Side to open its version of a mini-mart.
Representative imageInvesco Reports Stronger Earnings in Q2 With 20% Revenue JumpInvestment management firm Invesco reported better-than-expected earnings results for the second quarter of 2026.
Cynde Altheim Interiors Renews 7K SF at 149 West 36th StreetInterior design firm Cynde Altheim Interiors is holding onto its third-floor lease at 149 West 36th Street. Cynde Altheim will maintain its 6,740-square-foot office space in the Frangene Company-owned building, located between Broadway and Seventh Avenue.
Representative imageHowden Signs 31,519 SF Office Lease in Midtown ManhattanNEW YORK CITY — Howden has signed a 31,519-square-foot office lease in Midtown Manhattan. The global insurance brokerage firm is taking space on the 53rd floor at One Five One, a 1.8 million-square-foot tower located at 151 W. 42nd St.
Olmstead Signs Luckin Coffee to 10-Year Lease in Hudson SquareOlmstead Properties has signed Luckin Coffee to a new 10-year, 1,200-square-foot retail lease at 180 Varick St., bringing one of the country’s fastest-growing coffee brands to the base of the historic Hudson Square office building.
Proper Title Opens Office in Chicago’s Western SuburbsProper Title, LLC, a full-service title insurance agency serving the residential and commercial real estate industries, opened its new office at 7577 Lake St. in River Forest, Illinois.
Representative imageAI Is Rewiring the Office-Leasing PlaybookMuch of the conversation around artificial intelligence and commercial real estate leasing has focused on whether AI will bring people back to the office. I think that’s the wrong question.
Legal AI Firm Sandstone Signs 14K-SF Lease at 141 East Houston StreetAn artificial intelligence-powered management platform designed to help law firms has signed an office lease on the Lower East Side, Commercial Observer has learned.
U.K. Fashion Brand Manière De Voir to Open First U.S. HQ at 599 BroadwayThe office staff of London-based fashion label Manière De Voir is making the jump across the pond. The fashion brand has signed an 11,200-square-foot office lease at 599 Broadway in Manhattan’s SoHo neighborhood to open its first U.S.
AI Firm Corgi to Open 24/7 Cafe at 121 East 27th StreetAlert the Queen, here come the corgis! OK, not exactly. Corgi Cafe, a 24/7 coffee shop from Corgi, an artificial intelligence-powered insurance company — no, really — is getting ready to open its first location in New York City, Commercial Observer can first report.
Representative imageEight Retail Tenants to Open at Phase II of Bluhawk in Overland Park, KansasOVERLAND PARK, KAN. — Phase II of Bluhawk is slated to include a lineup of eight retail tenants, including L.L.Bean, Spavia Day Spa, JETSET Pilates, Chicken Salad Chick, Brookside Barkery & Bath, Amorino, Everbowl and Bruú Café, with additional tenants to come.