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October 29, 2025
One of Dallas' tallest skyscrapers could get new life as a mixed-use hub
One of Dallas' tallest skyscrapers could soon become a mixed-use hub with a hotel, apartments, retail and restaurant space proposed at the aging Comerica Bank Tower in the city's central business district.
October 29, 2025
BXP sets post-pandemic office leasing record
One of the nation's largest office landlords is raking in the benefits of the widespread office market taking hold across the United States.
October 29, 2025
CoStar World News for Oct. 30
October 29, 2025
To fill offices, this developer is building a minicity near rail hub outside DC
From atop a new glass office tower about 40 minutes outside Washington, D.C., locals lounge around an outdoor pool on a late summer day. Their perch overlooks a luxury hotel-condominium, another office high-rise and several street-level cafes, all completed in the past year.
October 29, 2025
AmTrustRe to buy midtown Manhattan office tower for $217 million
Real estate developer and investment firm AmTrustRe is buying a midtown Manhattan office tower nearby Grand Central Terminal but only about two-thirds leased.
October 29, 2025
Tampa’s historic cigar-making hub one step closer to 50-acre transformation
The developers behind Tampa’s Gasworx in the historic cigar-making district are getting closer to completing the 50-acre mixed-use development, one of the largest projects underway in the city.
October 29, 2025
Brookfield completes another billion-dollar New York office refinancing deal
Top-tier office properties have not only led New York’s office market rebound, they are increasingly getting lenders to say yes when it comes to financing deals over a billion dollars.
October 29, 2025
Hollywood East? Paramount becomes third major studio drawn to New Jersey.
New Jersey is a step closer to becoming Hollywood East, attracting a third major movie studio and helping to advance the Garden State's goal of becoming a global hub for film-and-TV production.
October 29, 2025
San Francisco mayor, lawmakers seize office opening to tout city comeback, and it's not for AI
Before the pandemic, a company relocating into new offices in downtown San Francisco was unlikely to merit a press conference attended by the mayor, a prominent state senator and a U.S. congressman.
October 29, 2025
Bank of Canada cuts rate again in move real estate executives expect to spur deals
The Bank of Canada lowered its target overnight rate by a quarter percentage point to 2.25% in a move commercial property professionals expect to boost activity in the market.
October 29, 2025
Landlord secures $900 million New York office refinancing after landing Stripe’s expansion
Chinese conglomerate Fosun International has secured a $900 million refinancing of 28 Liberty St. in New York after signing technology firm Stripe to a lease expansion.
October 29, 2025
Historic office property's discounted sale underscores uneven recovery in downtown Los Angeles
Downtown Los Angeles boosters had reasons to believe the area's struggling office market might finally be turning a corner. Prices seemed to have hit a bottom among recent sales, and some big-ticket leases signaled optimism that tenants are returning.
October 28, 2025
Alexandria plans to sell some properties as demand for biotech space slows
Shares of Alexandria Real Estate Equities fell sharply after the biotech property owner said it plans to slow its development pipeline and sell some properties because of reduced demand for space, partly stemming from the government shutdown.
October 28, 2025
Google's self-driving unit pulled out of this Silicon Valley office. An AI startup takes it over.
Just two years ago, losing a major tenant such as Google would have been a serious blow for any landlord. These days, landlords are having an easier time backfilling space, thanks to the explosive boom in demand generated by artificial intelligence companies.
October 28, 2025
KKR-owned communications firm FGS Global to move New York HQ above Penn Station
FGS Global, a communications and public affairs consultancy firm owned by private equity giant KKR after an acquisition last year, is relocating its New York headquarters across town to Vornado Realty Trust’s overhauled Penn 2 tower above the Penn Station transit hub. The move brings FGS within about two blocks of its new parent company.
October 28, 2025
Amazon, UPS announce job cuts; Toyota plans new US plant investment; Office attendance edges higher
Amazon, UPS announce job cuts
October 28, 2025
Beyond sushi: Upscale Japanese eatery lands in one of world’s busiest spots
A high-end Japanese restaurant is coming to a New York neighborhood with daily foot traffic from commuters and office workers. It’s planned for an office tower with direct access to Grand Central Terminal, one of the world's busiest train stations, and directly across from One Vanderbilt, a trophy building that’s commanded top-dollar rents.
October 28, 2025
Art deco office tower in Chicago hits market in trend playing out across US
A nearly century-old office tower on Chicago’s Wacker Drive is for sale in a deal that may to continue a trend of landlords and lenders taking a financial hit on high-vacancy properties in downtowns throughout the country.
October 27, 2025
Deloitte joins downtown Los Angeles exodus with plans to depart namesake high-rise
Downtown Los Angeles is expected to soon be hit with another loss to its shrinking base of corporate tenants as Deloitte plans to ditch space in its namesake tower.
October 27, 2025
General Motors to close Atlanta-area research center, cut jobs
General Motors plans to close a research and development center in the Atlanta area amid sales weakness and rising expenses as a result of higher tariffs.

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