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Tenants & leasing news – page 24
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U.S. Industrial Market Tightens as New Deliveries DiminishU.S. industrial real estate continued to strengthen in 2026’s second quarter as demand and supply were in balance, pushing the national vacancy rate below 7% while leasing activity reached its highest level since mid-2022, Cushman & Wakefield said in its latest report.
Representative imageThe New Stakeholder in Data Center DevelopmentA new stakeholder has entered the data center development process. It does not appear on a cap table. It does not sign a lease. But it is now shaping outcomes as much as capital, land and power. The anti-data center movement is no longer a fringe reaction.
Archer Aviation Leases 501K SF Tech Campus Near San JoseAir taxi developer Archer Aviation leased a 501K SF technology campus in Morgan Hill, California, south of San Jose. Santa Clara-based Archer Aviation leased the newly built five-building Cochrane Technology Center at 18105-18265 De Paul Drive, The Mercury...
Janeese Lewis George Wants To Stabilize Rent. The Question Is HowPresumptive D.C. mayor-elect Janeese Lewis George will come into office next year with a slate of policy priorities aimed at protecting tenants and stabilizing rent. But she hasn’t yet offered specifics on how exactly she would accomplish those goals...
Denver Wants To Make It Easier To Open A RestaurantRestaurant openings are on the rise across the nation, and Denver wants to help more restaurateurs launch locations in the Mile High City. The Denver Permitting Office outlined new initiatives to ease the permitting process and requirements for restaurants...
Data Intelligence Firm Curinos Takes 14K SF at Marx Realty’s 10 Grand CentralCurinos, a global data intelligence firm serving the financial industry, is relocating to Marx Realty’s 10 Grand Central after signing a 14,000-square-foot lease, Commercial Observer has learned.
JLL Inks Heritage Plaza Leasing DealJLL has recently been selected as the exclusive leasing team for Heritage Plaza.
HODC Opens 48-Unit Permanent Supportive Housing Community in Northbrook, IllinoisNORTHBROOK, ILL. — Nonprofit developer Housing Opportunity Development Corp. (HODC) has opened Poupard Place, a permanent supportive housing community in Northbrook.
Representative imageRH Outlet Opens 50,700 SF Store at Ikea Drive Plaza in Paramus, New JerseyPARAMUS, N.J. — RH Outlet has opened a 50,700-square-foot store in the Northern New Jersey community of Paramus. The luxury home furnishings retailer has relocated its Paramus store from an unspecified, nearby space to a freestanding building within Ikea Drive Plaza.
Big-Box Leasing Returns To Atlanta's Industrial MarketCompanies seeking massive warehouse space have come back to Atlanta’s industrial market after smaller tenants last year dominated the sector.
Northern Builders, Affinius Capital Ink 1.2M-SF Facility LeaseNorthern Builders, in partnership with Affinius Capital, announced a long-term lease agreement for a 1,200,000-square-foot industrial facility at Cherry Hill Business Park in Joliet, Illinois.
Workbar Expands with Return to Somerville’s Union SquareCoworking operator Workbar will open a 10,000-square-foot new location in Somerville’s Union Square, within the new USQ mixed-use development adjacent to the Union Square MBTA station.
Nonprofit Graham Windham to Relocate to 10K SF at the Interchurch CenterNonprofit Graham Windham is relocating its headquarters to Riverside Drive. The century-old nonprofit for children and families signed a five-year lease with the Interchurch Center at 475 Riverside Drive in Upper Manhattan’s Morningside Heights neighborhood.
Department of Defense Inks 24K-SF Deal at Former Long Island HQ of 1-800-FlowersThe U.S. Department of Defense is opening a new regional office in the Long Island hamlet of Carle Place, N.Y. The department, which is seeking approval this year from Congress to rebrand as the Department of War, signed its new lease at 1 Old Country Road in Nassau County.
Barolo Restaurant Group Inks Deal to Open Italian Eatery in Times SquareItalian restaurant operator Barolo Restaurant Group plans to open its third New York City restaurant, Barolo West, at 250 West 49th Street in Times Square. The company took 2,500 square feet of space at the newly developed 29-story property in Midtown.
Representative imageLos Angeles Matcha Brand Archives of Us Signs Retail Lease in East VillageA Los Angeles-based matcha cafe chain has signed a retail deal for its first New York City location in Manhattan’s East Village.
Representative imageIce Cream Shop Scoop N Scootery to Open at 162 Bleecker StreetWe all scream for ice cream, and come this fall there will be another option for New Yorkers to grab themselves a sweet frozen treat. Or better yet, have it delivered to their door.
Representative imageSPORTFIVE Signs 18,038 SF Office Lease in Midtown ManhattanNEW YORK CITY — SPORTFIVE has signed an 18,038-square-foot office lease in Midtown Manhattan. The German sports marketing firm will occupy a full floor at 477 Madison Avenue, a 24-story building.
Amazon Rents 1.2M-SF Atlanta-Area WarehouseAmazon leased 1,219,826 square feet at 1305 Highway 42 South, 20 miles southeast of Atlanta. PNK Group USA developed the site that was delivered in March. The Atlanta Business Chronicle reports the lease is likely the town’s largest so far this year.
Denver Office Market Posts Best Absorption In 4 YearsDenver’s office market is still recovering from the pandemic, but second-quarter reports indicate it is shifting toward stabilization with positive net absorption. Office tenants took approximately 119,700 SF more than they vacated in Q2, according...