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US News
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Hunt for data center space starts earlier and earlier even with $1 trillion set to pour in, JLL says
Vacancy in the growing sector has reached an all-time low despite a record amount of storage capacity.
Gray Capital kicks off multifamily fund to invest in nation's top region for rent growth
The investment group said it aims to acquire $500 million worth of apartments.
People of Note
CBRE hires veteran to execute institutional deals; Avison Young taps executive for Denver; JLL names workplace management leader
Read the latest on new hires, promotions and other personnel changes.
Landlord WPG to sell rest of its malls, shopping centers across the country
The company says it will cut more than 130 workers at its Ohio headquarters.
Tex-Mex eatery On The Border rejects more leases, gets closer to finding new owner
See a list of some rejected sites as the bankruptcy judge approves the chain's bidding procedures ahead of an auction next month.
People of Note
JLL hires veteran in hospitality team expansion; Newmark promotes trio for valuation business; Aventon adds executive for Southeast growth
Read the latest on new hires, promotions and other personnel changes.
Intel delays opening of Ohio plant due to weak customer demand
Intel's $28 billion project involves the construction of two plants near Columbus, Ohio.
Crafts chain Joann now plans to shut all its stores in liquidation
A new buyer decided to wind down the business, adding to a pile of U.S. retail closings.
Nearly 500 more Big Lots store leases are for sale nationwide
Gordon Brothers is planning to hold an auction for the locations, which span 47 states.
Variety Wholesalers strikes deal to buy, keep 200 to 400 Big Lots stores open
Deal via Gordon Brothers saves the chain from extinction after filing for Chapter 11 bankruptcy protection.
UnitedHealth’s office cutbacks go beyond Minnesota HQ it’s officially exiting this month
The firm has downsized space in Ohio and Kansas as it adjusts to post-pandemic real estate needs.
Big Lots plans to shut its nearly 900 remaining stores
The troubled chain will liquidate after a potential sale to Nexus Capital Management fell through.
CoStar Insight
Only one US city outside Sun Belt placed among best overall retail markets in 2024
Demographics are often destiny when it comes to local retail performance.
Amazon Web Services boosts data center investments in Ohio by $10 billion
Amazon subsidiary considers developing up to eight new sites across the state.
Franchise Group, with Chapter 11, plans to close 300-plus store American Freight chain
The parent of Vitamin Shoppe and Pet Supplies Plus adds to the swell of U.S. store shutterings.
More Big Lots leases hit auction block as store closings soar
A stalking horse buyer landed $765 million to acquire the chain out of bankruptcy.
Exclusive
Multifamily investor looks to unload 10 properties in eight states for about $500 million
Trilogy Real Estate Group’s 2,845-unit portfolio will test the strength of the recovering investment sales market.
Big Lots adds to available US retail space with escalation of store closings
Including shuttered Conn’s HomePlus and Badcock Furniture locations, 27 million square feet is going on the market.
Big Lots files Chapter 11, agrees to $620 million sale to Nexus Capital
The retailer also says it will keep focusing its store fleet.
People of Note
Newmark expands capital markets leadership, JLL Hotels names new western leader, CBRE elevates veteran to executive role
Read about new hires, promotions and other personnel changes across the commercial real estate industry.
Feds Award $428 Million in Grants for Airport Terminal Expansion, Safety Upgrades
Airports in South Florida, Ohio, California, Virginia, New York are getting federal funds.
Conn’s HomePlus Begins Wind-Down of All its 550 Namesake and Badcock Stores
B. Riley Retail Solutions has kicked off liquidation sales across the retailer’s entire fleet.
Big Lots Plans About 140 Store Closings, Far More Than Expected
The discount retailer is shutting many of its locations in California, Arizona, Washington and Florida.
Big Lots’ Vacant Stores Could Be Leased Quickly in Tight Market, Analysts Say
The struggling discount retailer is closing dozens of locations and has warned it may cease operations.
High-Profile Developer Faces $382 Million Loan Payoff After State Farm Leaves Property
Jerry Colangelo's JDM Partners needs new debt or a sale of offices no longer occupied by the insurer.
Search Market News >>
Featured
Podcast
Podcast
Hospitality
Calendar shifts make August and September tough for US hoteliers
October looks clean, say 'Tell Me More' podcast hosts
Hospitality
CoStar Insight
CoStar Insight
Analytics
Move-outs increase as declining immigration takes toll on Orlando, Florida, apartment operators
Concessions becoming the norm as stabilized occupancy rises
Analytics
CoStar Economy
CoStar Economy
Economy
Labor market slowdown spreads across many states
Deportation policies, retirements and long-term unemployment lead to decline in civilian workforce nationally
Economy
Market Moves
Market Moves
Finance
Commercial Real Estate REIT, Stock Tracker
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Often first to react to market corrections, multifamily capitalization rates are stabilizing
Latest forecasts suggest investors more confident in supply outlook, anticipate stronger rent growth in 2026
Analytics
Video
Video
Top News
Get the latest real estate news on your phone
Download the CoStar News Widget
Top News
Power Brokers
Power Brokers
Mixed Use
Top sales and leases recognized in the US
Brokers won big property deals as transaction activity picked up in the second quarter
Mixed Use
Featured
Featured
Office
Google’s high-profile renovation of iconic Chicago building gives new look to heart of city
Tech giant’s Thompson Center project drives conversations about downtown
Office
International News
Analysis
Analysis
United Kingdom
Domestic UK holiday destinations are leading revenue growth as urban hotel markets struggle
Additional supply is adversely affecting major cities, but the summer months look more promising for urban destinations
United Kingdom
Analysis
Analysis
United Kingdom
Industry responds to potential new tax on homes
Targeting of higher value homes could choke market, experts warn
United Kingdom
Canada
New York office deals highlight AI’s eastward shift
Tempus AI, Synthesia expansions underscore sector’s nationwide growth
Canada
China
Evergrande, a Chinese giant delisted from the Hong Kong Stock Exchange
'Evergrande's withdrawal was absolutely inevitable,' says Dan Wang
China
United Kingdom
London business hub Canary Wharf evolves into destination for locals, hotel guests
Hotel openings focus on up-and-coming brands, including Accor's Tribe
United Kingdom
France
Ireland, Netherlands, Italy, United States, Portugal... Corum is open to them all
Zoom in on Corum's eight acquisitions for the first half of 2025 via an interactive map
France
Italy
Frey acquires three premium outlets in Italy from Blackstone for €410 million
The deal is part of a €650 million strategic partnership with Cale Street
Italy
United States
Amazon grows Manhattan office footprint with latest blockbuster WeWork deal
Company extends real estate growth streak by leveraging coworking partnership in Midtown tower
United States
Stars, stripes and savings: Americans visit the UK less and travel smarter
By
Cristina Balekjian
A weaker dollar is curbing momentum in the hotel room rate growth, with London hit the hardest.
CMBS Notebook
CMBS lenders post largest loss this year; Philadelphia faces office struggles; St. Louis tower sells cheap
A weekly look at the commercial mortgage-backed securities business.
A weekly look at the commercial mortgage-backed securities business.
Video
Stonebridge pursues 'little opportunities that add up to success' amid tighter margins for hotels
Balancing guest service and profitability becomes a 'tightrope walk,' company executive Chris Cheney said in a video interview.
Balancing guest service and profitability becomes a 'tightrope walk,' company executive Chris Cheney said in a video interview.
People of Note
Stream expands industrial team; JLL boosts energy practice; Adolfson names Central Texas business director
Read the latest on new hires, promotions and other personnel changes.
Read the latest on new hires, promotions and other personnel changes.
Nvidia expects global AI infrastructure spending to approach $4 trillion by end of decade
Chipmaking giant's revenue growth slows even as demand rises for artificial intelligence real estate and support systems.
Chipmaking giant's revenue growth slows even as demand rises for artificial intelligence real estate and support systems.
Search News >>
Featured
Podcast
Podcast
Hospitality
Calendar shifts make August and September tough for US hoteliers
October looks clean, say 'Tell Me More' podcast hosts
Hospitality
CoStar Insight
CoStar Insight
Analytics
Move-outs increase as declining immigration takes toll on Orlando, Florida, apartment operators
Concessions becoming the norm as stabilized occupancy rises
Analytics
CoStar Economy
CoStar Economy
Economy
Labor market slowdown spreads across many states
Deportation policies, retirements and long-term unemployment lead to decline in civilian workforce nationally
Economy
Market Moves
Market Moves
Finance
Commercial Real Estate REIT, Stock Tracker
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Often first to react to market corrections, multifamily capitalization rates are stabilizing
Latest forecasts suggest investors more confident in supply outlook, anticipate stronger rent growth in 2026
Analytics
Video
Video
Top News
Get the latest real estate news on your phone
Download the CoStar News Widget
Top News
Power Brokers
Power Brokers
Mixed Use
Top sales and leases recognized in the US
Brokers won big property deals as transaction activity picked up in the second quarter
Mixed Use
Featured
Featured
Office
Google’s high-profile renovation of iconic Chicago building gives new look to heart of city
Tech giant’s Thompson Center project drives conversations about downtown
Office
International News
Analysis
Analysis
United Kingdom
Domestic UK holiday destinations are leading revenue growth as urban hotel markets struggle
Additional supply is adversely affecting major cities, but the summer months look more promising for urban destinations
United Kingdom
Analysis
Analysis
United Kingdom
Industry responds to potential new tax on homes
Targeting of higher value homes could choke market, experts warn
United Kingdom
Canada
New York office deals highlight AI’s eastward shift
Tempus AI, Synthesia expansions underscore sector’s nationwide growth
Canada
China
Evergrande, a Chinese giant delisted from the Hong Kong Stock Exchange
'Evergrande's withdrawal was absolutely inevitable,' says Dan Wang
China
United Kingdom
London business hub Canary Wharf evolves into destination for locals, hotel guests
Hotel openings focus on up-and-coming brands, including Accor's Tribe
United Kingdom
France
Ireland, Netherlands, Italy, United States, Portugal... Corum is open to them all
Zoom in on Corum's eight acquisitions for the first half of 2025 via an interactive map
France
Italy
Frey acquires three premium outlets in Italy from Blackstone for €410 million
The deal is part of a €650 million strategic partnership with Cale Street
Italy
United States
Amazon grows Manhattan office footprint with latest blockbuster WeWork deal
Company extends real estate growth streak by leveraging coworking partnership in Midtown tower
United States
Categories
Office
Trump mandates classical style as default for new federal buildings
Firm that ended Chicago office sales drought returns to buy 31-story tower
Securities and Exchange Commission to retain Philadelphia, LA offices despite DOGE termination threats
Retail
Site Centers extends sell-off with listing for Chicago retail property
San Francisco Bay Area investment market cools for retail properties
Second quarter economic growth revised upward; Walgreens goes private with new CEO; Pending home sales decline
Multifamily
Silicon Valley complex sells in region's biggest apartment deal in seven years
Multifamily property owner acquires financing for two apartment developments in Tennessee, South Carolina
Boston firm looks to sell 197-unit apartment tower in Chicago’s River North
Industrial
Nashville developer starts work on industrial facility in Miami-Dade County
Tesla slashes contract in Austin, leading to job cuts
J&J Snack Foods to close Atlanta plant, trim 165 jobs as part of broader cost-cutting plan
People
Apartment property manager Sentral hires new COO
Transwestern broker mobilizes 'Dianne's Army' for Alzheimer's research
Stream expands industrial team; JLL boosts energy practice; Adolfson names Central Texas business director
Finance
Commercial real estate prices rise for first time in five months
French Prime Minister's call for vote of confidence creates real estate market uncertainty
Nvidia expects global AI infrastructure spending to approach $4 trillion by end of decade
Analytics
The Puget Sound region saw little employment gain over the past year
Santa Rosa rent growth cools as new multifamily units come online
Inland Empire apartment rents nearly fall flat
Development
REIT to raze former Walgreens office buildings in Chicago suburbs as it looks to sell site
Southern California city rolls out robots to ramp up ADA compliance
Leasing activity pushes Hillwood to kick off large industrial developments in Fort Worth
Hospitality
50% room supply growth over the last decade finally affects Nashville hotel performance
Calendar shifts make August and September tough for US hoteliers
US hotel performance continues August slide
Healthcare
Architects craft new facility for cancer-care provider in Nashville
Healthcare system begins work on 24-hour facility in Clemson, South Carolina
Nursing home owner may cease operations amid losses, high debt load
Specialty
World’s largest music venue operator calls this real estate the new ‘sweet spot’
Billionaire developer Stephen Ross turns focus to new South Florida school
Developers plan country's largest pop-up padel club in Midtown Miami
Legal/Legislation
Fed's Powell hints at rate cut in September
British Columbia leaders reject call by real estate developers to ease foreign buyer ban
Trump nominates former Cushman & Wakefield CEO to head federal property agency