Cisco inks one of suburban Boston's largest office deals of the yearThe tech giant's renewal has cemented its role as an anchor tenant for the expansive office campus.
Daily Roundup
Target cites tight consumer budgets as sales flatten; Comcast to spin off cable networks; Construction jobs riseHere’s what you need to know to start your day.Core Scientific converts Texas bitcoin campus to $6.1 billion data center hub as AI industry surgesData centers provide a more consistent source of revenue than the cryptocurrency industry, executives said.
CoStar Insight
Five-year multifamily construction boom pours 1.8 million units onto the US marketThe Sun Belt dominates the gain in the number of units added, accounting for two-thirds of the increase in supply.DC trophy office building heads for foreclosure auction over hefty loanThe property is the latest addition to a procession of troubled assets scheduled to be sold in the nation's capital.
Global Report
CoStar World News for Nov. 21Investor plans to buy three Tokyo hotels; Global law firm leases large London office space; BlackRock partners in French logistics property purchaseEarnings
How hotel brand companies stack up with net unit growthExecutives with the global hotel brand companies highlighted robust pipelines and talked about how conditions are improving for hotel development.Buying and Selling
Gilded Age mansion with speakeasy is for sale in PhiladelphiaA 4,000-square-foot carriage house and modern kitchen are among the highlights of this Wyndmoor house. Architects' billings rise slightly in October, breaking long string of declinesSome architecture firm leaders expect revenue growth in 2025, according to monthly AIA survey.
F1 parent company lands buyer for office near Denver-area headquartersLiberty Media has offloaded the former Starz hub more than a year after listing the property for sale.
K-drama star, ShopCore executive celebrate Singles Day at New York mallThe event led to a jump in foot traffic at The Shops at Skyview in Queens, according to the firm's Wesley Sin.
Blackstone to buy Jersey Mike’s, the latest private-equity takeover of a US restaurant chainThe investment giant struck an $8 billion deal to buy a majority stake in the sandwich shop business.
Chart of the Day
Foreclosures tick up, led by Nevada, New Jersey and FloridaNationally, filings for October remain 11% lower than one year ago.National law firm fuels Philadelphia growth with office expansionPolsinelli signs long-term lease to double its downtown space.
Daily Roundup
High-income households boost Walmart sales; Home project slowdown weighs on Lowe’s; Office traffic gets post-election bumpHere’s what you need to know to start your day.Trends
Lot setbacks get more attention as officials look to add affordable housesCities should consider changing rules as they adjust other limits on construction, author says.Auction for Frank Lloyd Wright-designed tower postponed until 2025The decision comes during litigation between a potential buyer and Price Tower's ownership group.
Lockheed Martin affiliate recommits to DC-area headquartersZeta Associates extended the deals for its longtime hub in Fairfax, Virginia, after landing a city incentive package.
Daily Roundup
Spirit Airlines files for bankruptcy; Credit rejections rise; Record Thanksgiving weekend shopping projectedHere’s what you need to know to start your day.EQT Exeter buys 33 distribution buildings in a dozen US marketsThe industrial property owner has said it’s a compelling time to invest.
Cushman & Wakefield names co-CEOs to oversee its most profitable regionThe Chicago-based global brokerage is restructuring its Americas leadership to prepare for a transaction rebound.
Choice Hotels celebrates extended-stay milestone with sights on more to comeChoice Hotels International opened its 500th extended-stay property in October, and the company is confident in the segment's opportunities ahead.
Caribbean hotel demand strong amid slower rate growthCaribbean hotels and resorts escaped a devastating hurricane season this year, and travel demand remains strong, particularly for luxury. However, rate growth is stabilizing, following U.S. trend patterns.
Featured
CoStar Insight
CoStar Insight
Analytics
Strong regional disparities still show dramatic vacancy differences across the country
Analytics
CoStar Insight
CoStar Insight
Hospitality
Since 2022, Extended Stay hotel supply increased by an average of 3%
Hospitality
CoStar Insight
CoStar Insight
Analytics
Retailers face increasingly challenging environment as consumer behavior changes
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
While some Austin, Texas, neighborhoods drown in supply, areas near Washington, DC, thrive
Analytics
CoStar Insight
CoStar Insight
Analytics
Lone Star State’s attractive housing market is still key to encouraging West Coast migration
Analytics
CoStar Insight
CoStar Insight
Analytics
Chicago’s historically tight vacancy and build rates should preserve its rent growth momentum into 2025
Analytics
CoStar Insight
CoStar Insight
Analytics
After broker fee change for apartments takes effect, critics say landlords will raise rents to compensate
Analytics
CoStar Insight
CoStar Insight
Analytics
Of the five P’s in the marketing mix, ‘price’ and ‘painless’ renewals drive Chicago’s office leasing velocity
Analytics
CoStar Insight
CoStar Insight
Analytics
Retailers maximize space efficiency as retail sales per square foot, excluding e-commerce, automobiles and gasoline, hit record high
Analytics
International News
United Kingdom
Budget concerns cited as a key reason behind the recent slowdown
United Kingdom
United Kingdom
Brazilian bank takes top office floor at City's tallest tower
United Kingdom
Canada
Skyline's change in strategy comes after period of declining revenue
Canada
Italy
US private equity firm repays €150.6 million outstanding securitised debt
Italy
Exclusive
Exclusive
Netherlands
The price reflects a 5.3% net initial yield
Netherlands
United States
Sale talks are more evidence of investor appetite for £100 million-plus offices
United States
Exclusive
Exclusive
Netherlands
Manchester-based investor recently bought mall in Leipzig
Netherlands
United Kingdom
All of the hotels are Marriott-branded
United Kingdom
Bellwether Housing wants to convert an aging apartment complex in Rainier Valley with 730 affordable rental units.
This Miami condo tower to use sun-absorbing glass to stand out
The Residences at 1428 Brickell is touted as a groundbreaking, solar-powered residential high rise.
As Chinese tourists travel internationally again, their desires have changed
As Chinese travelers begin traveling internationally again, Western markets must adapt to the new wants of the demographic, which differ from pre-pandemic trends.
CoStar Economy
The struggle to contain inflation continues
But shoppers are not deterred.
People of Note
Lee & Associates grows hotel team; JLL fortifies Los Angeles retail services unit; Altman expands logistics leasing group
Read the latest on new hires, promotions and other personnel changes.
Featured
CoStar Insight
CoStar Insight
Analytics
Strong regional disparities still show dramatic vacancy differences across the country
Analytics
CoStar Insight
CoStar Insight
Hospitality
Since 2022, Extended Stay hotel supply increased by an average of 3%
Hospitality
CoStar Insight
CoStar Insight
Analytics
Retailers face increasingly challenging environment as consumer behavior changes
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
While some Austin, Texas, neighborhoods drown in supply, areas near Washington, DC, thrive
Analytics
CoStar Insight
CoStar Insight
Analytics
Lone Star State’s attractive housing market is still key to encouraging West Coast migration
Analytics
CoStar Insight
CoStar Insight
Analytics
Chicago’s historically tight vacancy and build rates should preserve its rent growth momentum into 2025
Analytics
CoStar Insight
CoStar Insight
Analytics
After broker fee change for apartments takes effect, critics say landlords will raise rents to compensate
Analytics
CoStar Insight
CoStar Insight
Analytics
Of the five P’s in the marketing mix, ‘price’ and ‘painless’ renewals drive Chicago’s office leasing velocity
Analytics
CoStar Insight
CoStar Insight
Analytics
Retailers maximize space efficiency as retail sales per square foot, excluding e-commerce, automobiles and gasoline, hit record high
Analytics
International News
United Kingdom
Budget concerns cited as a key reason behind the recent slowdown
United Kingdom
United Kingdom
Brazilian bank takes top office floor at City's tallest tower
United Kingdom
Canada
Skyline's change in strategy comes after period of declining revenue
Canada
Italy
US private equity firm repays €150.6 million outstanding securitised debt
Italy
Exclusive
Exclusive
Netherlands
The price reflects a 5.3% net initial yield
Netherlands
United States
Sale talks are more evidence of investor appetite for £100 million-plus offices
United States
Exclusive
Exclusive
Netherlands
Manchester-based investor recently bought mall in Leipzig
Netherlands
United Kingdom
All of the hotels are Marriott-branded
United Kingdom
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