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Representative imageCoStar Opens $460M Expanded Office Campus in Downtown RichmondRICHMOND, VA. — CoStar Group has opened Foundry Park, its newly expanded, $460 million corporate office campus located along the James River in downtown Richmond. The expansion added 750,000 square feet of office and retail space to the riverfront.
Defense Dollars Supercharge LA's South Bay Industrial MarketAerospace and defense tech firms are pouring into the South Bay’s industrial market, turning a historically strong leasing submarket into the engine driving Los Angeles’ tightening vacancy and improving absorption. Although aerospace and defense companies...
Houston's Competitive Retail Market Brings Quick Backfills, In Most CasesHouston’s retail market is sustaining its record-high occupancy streak as demand quickly fills new and vacated spaces across the metro area, leaving a question of why some high-profile spaces remain empty.
Dallas Development Duo Opens 168-Unit Mixed-Income CommunityBonner Carrington and Sycamore Development opened Cypress Creek Montfort Drive, a mixed-income community of 168 apartment homes in North Dallas.
Bakery Shop Cafe Aroma to Open New Spot on the Upper East SideTime to rise and grind, Upper East Siders, as a new coffee shop and bakery is set to open at Avenues Equity Partners’ 1410 Madison Avenue in Carnegie Hill.
Representative imageSwanson, Martin & Bell Inks 56,760 SF Office Lease in ChicagoCHICAGO — Swanson, Martin & Bell LLP has signed a long-term headquarters lease restructure and renewal at 330 N. Wabash Ave. in Chicago. The 52-story riverside office tower is the last building in the U.S. designed by renowned architect Ludwig Mies van der Rohe.
Silicon Valley Cities See Spike In Office DemolitionsA wave of upzoning across the San Francisco Peninsula is cracking open some of the region’s most supply‑starved housing markets, prompting multifamily developers to target obsolete office sites in Sunnyvale, San Mateo and Menlo Park for hundreds of...
Representative imageSouth Florida Retail Markets Show Sub-5% VacancyDespite oft-repeated fears of retail’s pandemic-drive demise, South Florida’s retail sector is enjoying a combination of low vacancy rates, resilient rental rates and robust leasing and investment sales.
New Transamerica Pyramid Owner Inks 113K SF Of New LeasesThe new owner of one of San Francisco’s most iconic high-rise office towers announced seven new leases totaling 113K SF, including five deals inked since Yoda PLC of Cyprus acquired the Transamerica Pyramid in March. The leases are the first announced...
Representative imagePrologis Beats Expectations With Record Leasing and Data Center GrowthThe world’s biggest warehouse landlord is still full steam ahead on data centers. “After several quarters of sustained demand, we believe the market is entering its next phase,” Prologis CEO Dan Letter said in a second-quarter earnings call Thursday afternoon.
Live Shopping Marketplace Storefront Takes 5K SF at 555 West 25th StreetStorefront, a new e-commerce platform and live shopping marketplace for brands and independent sellers, has signed a 4,700-square-foot lease at Mactaggart Family & Partners’ office building at 555 West 25th Street, Commercial Observer has learned.
AI Firm Isara Laboratories Inks 6K-SF Lease at 515 West 20th StreetIsara Laboratories, an artificial intelligence startup platform, has taken 6,009 square feet at the boutique office building at 515 West 20th Street, Commercial Observer has learned.
Transamerica Pyramid Center Scores Leasing Success Under New OwnershipYODA PLC announced the completion of more than 113,000 square feet of new leasing activity at Transamerica Pyramid Center.
KLNB Represents Chinese Restaurant Concept in National Harbor LeaseKLNB announced that restaurant brand Nan Xiang Xiao Long Bao has opened its new location at 180 American Way in National Harbor.
Representative imageMamdani Releases Action Plan to Tackle Rental Ripoff Hearing FindingsMayor Zohran Mamdani’s administration released a report Thursday morning detailing what it gleaned from the so-called Rental Ripoff hearings and what it plans to do about some of the most pervasive issues experienced by tenants and landlords.
San Antonio’s Aztec Hotel Reveals Open DateIt’s taken 10 years for the developers of a River Walk boutique hotel to reach the point where they can announce their opening date. The San Antonio Business Journal reports the Aztec Hotel, at the site of the Aztec Theatre building, will open near the end of August.
Packaging Company Signs 1 MSF Industrial Lease in Justin, TexasJUSTIN, TEXAS — An undisclosed packaging company has signed a 1 million-square-foot industrial lease in Justin, located north of Fort Worth.
Representative imageEōS Fitness to Open 40,000 SF Gym in The Woodlands, TexasTHE WOODLANDS, TEXAS — EōS Fitness will open a 40,000-square-foot gym in The Woodlands, about 30 miles north of Houston. EōS will join Elite Pickleball Club and Slick City Action Park as anchor tenants at Dudley Sports Plaza, located at the corner of FM 1488 and Kuykendahl Road.
Representative imageINDUS to Open 75,000 SF Headquarters Facility in Middleborough, MassachusettsMIDDLEBOROUGH, MASS. — INDUS, a locally based roadway rehabilitation and pavement preservation contractor, will open a 75,000-square-foot headquarters facility in Middleborough, located south of Boston.
Representative imageFairbanks Morse Defense Signs 71,350 SF Industrial Lease in Wrentham, MassachusettsWRENTHAM, MASS. — Fairbanks Morse Defense, a provider of maritime engineering and manufacturing solutions, has signed a 71,350-square-foot industrial lease in Wrentham, located along the Massachusetts-Rhode Island border.