Office

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Locally Based Investors Acquire Encinitas Offices from Family Trust

Cushman & Wakefield, along with locally based buyers DMJ Capital Partners, LLC and StoneSteps Real Estate, LLC, announced the acquisition of a multi-tenant office property, located at 169 Saxony Rd. i

Aug 1, 2026•0m ago•schedule1 min read•Source: Connect CRE

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trending_upMarket Updates

Spanish Hotel Operator Buys Chemists’ Club Hotel at 52 East 41st Street for $95M

A 107-key hotel in Midtown has traded for roughly $95 million. Eurostars Hotel Company, a Spanish hotel chain managing more than 300 properties globally, has purchased the Chemists’ Club Hotel at 52 E

Aug 1, 2026•0m ago•schedule1 min•Commercial Observer

trending_upMarket Updates

CW Realty Closes Deal to Buy 55 Smith Street in Downtown Brooklyn for $58M

CW Realty Group closed on a deal to acquire a parking facility in Downtown Brooklyn, Commercial Observer has learned. Cheskie Weisz’ CW Realty entered into a contract to purchase 55 Smith Street in De

Aug 1, 2026•0m ago•schedule1 min•Commercial Observer

trending_upMarket Updates

Prominent Austin Office Tower Trades for $208M

Cousins Properties Inc. has sold the One Eleven Congress office building in downtown Austin to Canyon Creek Real Estate. Cousins sold the One Eleven Congress office building for $208 million. Eastdil

Aug 1, 2026•0m ago•schedule1 min•Connect CRE

handshakeDeal Analysis

Skender Begins Conversion of Chicago Office Tower into 320 Apartment Units

CHICAGO — Skender has begun construction on the 500 N. Michigan Ave. adaptive reuse project, which will convert the 400,000-square-foot office tower into 320 apartment units on Chicago’s Magnificent M

Aug 1, 2026•0m ago•schedule1 min•REBusinessOnline

trending_upMarket Updates

AvalonBay Communities, Equity Residential Merger Produces Vivmark Residential

A new company brings a new name. Two months after multifamily giants AvalonBay Communities and Equity Residential merged to form one of the country’s largest real estate companies — the total enterpr

Aug 1, 2026•0m ago•schedule1 min•Commercial Observer

handshakeDeal Analysis

Advocates Signs 95,182 SF Office Lease in Marlborough, Massachusetts

MARLBOROUGH, MASS. — Advocates, a nonprofit organization that supports people with behavioral health disorders, disabilities and brain injuries, has signed a 95,182-square-foot office lease in the wes

Aug 1, 2026•0m ago•schedule1 min•REBusinessOnline

handshakeDeal Analysis

JT Magen Completes 42,000 SF Build-to-Suit Office Project in Midtown Manhattan

NEW YORK CITY — National construction firm JT Magen has completed a 42,000-square-foot office project in Midtown Manhattan that is a build-to-suit for auction house Bonhams. Bonhams is relocating from

Aug 1, 2026•0m ago•schedule1 min•REBusinessOnline

trending_upMarket Updates

How Commercial Real Estate is Pricing on Yesterday’s Valuations

Issues such as Federal Reserve policies, climate-related risks, and rising insurance costs have been putting pressure on accurate commercial real estate valuations. This prompted Urban Land Magazine t

Aug 1, 2026•0m ago•schedule1 min•Connect CRE

trending_upMarket Updates

The Next Office Cycle Will Be Defined by Scarcity, Not Oversupply

After years of uncertainty in the office sector, shrinking construction pipelines, improving leasing activity, and the ongoing preference for high-quality space are leading to a more selective market.

Aug 1, 2026•0m ago•schedule1 min•Connect CRE

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