Marcus & Millichap's deals and commissions climb, but charge leads to quarterly loss
Investment brokerage expects property market volatility to ease
Marcus & Millichap posted gains in sales and deals in the second quarter, but said an accounting-related tax expense led to a loss.
California firm snaps up apartments to extend Seattle buying streak
Kennedy Wilson pays $80.5 million for Pratt Park in city’s Central District
Kennedy Wilson has bought an apartment complex in Seattle, adding to its holdings in the area as the region's multifamily investment volume reaches a three-year high.
JLL posts double-digit revenue gain for fifth straight quarter
Chicago-based real estate firm also posts higher profit as property sales grow
Commercial real estate services firm JLL posted a 33% profit gain, fueled by its fifth-straight quarter of double-digit revenue growth, as executives predict a steady increase in d...
Twin apartment high-rises proposed to replace condo project in downtown Vancouver
Chard Development files plan for 542 rentals near Robson Square in West End
A local developer filed plans for a two-tower, 542-unit rental housing development to replace a condominium project that went bust in downtown Vancouver’s West End.
Cushman & Wakefield posts profit as property sales and leasing climb
CEO Michelle MacKay says firm reversed loss in second quarter after reorganization
Real estate services firm Cushman & Wakefield posted what CEO Michelle MacKay calls some of its strongest first-half earnings as a publicly traded company, fueled by a jump in seco...
Anti-Defamation League recognizes Jamestown CEO for hometown contributions
ADL Southeast to present Matt Bronfman with annual Torch of Liberty next month in Atlanta
The Anti-Defamation League's Southeast region plans to present Matt Bronfman, CEO of global real estate investment firm Jamestown, with the civil rights group's Torch of Liberty Aw...
Warehouse trades for $140 million in greater Phoenix's biggest industrial sale since 2022
Clarius Partners sells million-square-foot Puma distribution center to JLL REIT
JLL Income Property Trust bought a large warehouse along the Loop 303 corridor in Phoenix's West Valley for just over $140 million in the region's largest single-building industria...
Employers pull back on hiring; Construction spending drops; Federal Reserve governor resigns
What you need to know to start your day
Employers pull back on hiring
Top sales and leases recognized in the US
Brokers won big property deals as transaction activity picked up in the second quarter
Brokers completed major deals during the second quarter, a period marked by an uptick in real estate activity as many businesses shook off concerns about the effects of tariffs and...
Amazon ramps up spending to deploy robots, expand warehouses for faster delivery
Tech giant deploys 1 millionth robot as part of $32 billion in capital spending
Amazon nearly doubled its capital spending to over $32 billion in the second quarter to build data centers, expand its already massive logistics network and outfit the warehouses w...
Colliers plans more acquisitions as engineering business drives revenue growth
Toronto-based real estate firm joins rivals in raising 2025 outlook
Colliers upgraded its financial outlook as the global real estate services firm’s recent acquisitions of engineering firms and other businesses fueled a jump in revenue.
Microsoft plans record spending to build data centers powering AI
Tech giant reports $368 billion in project backlogs as it races to expand global capacity
Microsoft expects to spend a record $30 billion this quarter as it races to build data centers and other support systems for its fast-growing artificial intelligence and cloud comp...
Developer proposes hotel and condo tower near Vancouver's Robson Square
Reliance Properties looks to replace offices with 35-storey high-rise
Real estate developer Reliance Properties has proposed a hotel and condominium tower in downtown Vancouver, looking to meet heightened demand for both housing and hotel rooms in th...
Seattle looks to waterfront for rejuvenation as cruise activity nears record
Emerald City's $806 million revitalization shows commercial development approach playing out in North America
Seattle is embarking on its first week with all major pieces in place on its $806 million waterfront revitalization, a project that spotlights commercial real estate development pl...
Newmark raises outlook after posting double-digit profit growth
New York-based brokerage sees sharp increases in property sales
Real estate services firm Newmark Group raised its earnings outlook for the year as it posted double-digit revenue and profit growth from what executives called a strengthened pipe...
Warehouse on former Boeing land near Seattle trades for $176 million
BGO purchase ranks among largest industrial sales on record in Puget Sound region
A Seattle-area warehouse traded for a reported $176 million in what brokers called one of the year's biggest industrial building sales on the West Coast.
Staypineapple sells third Seattle-area hotel since November
Bellevue-based chain trades Hotel Five in downtown Seattle as part of move into fulltime hotel management
A locally based hotel chain has sold its third property since November as the company transitions from owning to managing boutique hotels.
Amazon-funded housing project takes shape in Seattle's Othello neighborhood
Nitze-Stagen finishes concrete podium of eight-story Trace 4001 multifamily development
A transit-oriented housing project in south Seattle that includes financing from Amazon's $3.6 billion affordable housing equity fund is on track to open next year.
Dermody breaks ground on industrial development south of Seattle
Nevada-based developer expects to finish project next year as industrial construction nears record lows
Dermody Properties has broken ground on two logistics buildings at a site recently acquired by the national industrial developer in Tacoma, Washington.
Outdoor retailer to open new flagship store in Vancouver
Locally based Arc’teryx replaces shuttered retailers at high-profile location
Arc’teryx plans to open a new flagship store in downtown Vancouver, the luxury outdoor clothing brand's corporate home.