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July 30, 2025
Demand for top-tier office space bolsters BXP’s outlook
One of the nation's largest office landlords is boosting its outlook for the remainder of the year after blowing past initial earnings estimates as the post-pandemic recovery takes hold across its portfolio of high-end properties.
July 30, 2025
CoStar World News for July 31
July 30, 2025
Newmark raises outlook after posting double-digit profit growth
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 pipeline of deal activity.
July 30, 2025
Canadian real estate industry keeps eye on Friday's tariff deadline
Officials in Canada’s commercial real estate industry and their counterparts in other sectors are watching avidly as Friday’s deadline for a new trade agreement with the United States looms.
July 30, 2025
Cousins Properties co-founder remembered for influencing Atlanta's skyline, sports scene
Tom Cousins, founder of a namesake commercial real estate firm, is being remembered not only as the developer of some of Atlanta's best-known buildings but for also influencing the culture of the city with his ownership of professional basketball and hockey teams.
July 30, 2025
BXP begins vertical construction of Manhattan trophy tower
Office developer BXP has begun the full vertical construction of a trophy office tower with direct access to Manhattan’s Grand Central transit hub after having landed an anchor tenant.
July 30, 2025
Piedmont Realty boomerangs back to pre-pandemic office leasing volumes
Piedmont Realty Trust, one of the largest office real estate investment trusts in the United States, reported its highest quarterly level of new leasing activity since 2018 as tenants commit to larger — and more expensive — deals.
July 29, 2025
Aerospace firm inks sublease for Beyond Meat’s Los Angeles headquarters
A high-flying startup is taking over space from a plant-based food pioneer in the heart of El Segundo’s historic aerospace corridor.
July 29, 2025
San Francisco AI company quadruples space with headquarters deal
A five-year-old San Francisco startup that makes AI-powered business procurement software has inked one of the city's largest office deals of the year.
July 29, 2025
Here's how Kilroy Realty leverages added demand to ramp up office sales
Office landlords across the country have spent the past few years dumping properties at steep discounts in a desperation-fueled frenzy intended to get troubled assets off their books. Now, however, improving market fundamentals have meant some property owners have gained the upper hand.
July 29, 2025
Maryland medical office building trades hands as appetite for healthcare properties remains robust
Maryland Trade Center III, a medical office building in Greenbelt, Maryland, sold for $27.5 million as investor appetite for healthcare real estate remains robust in the greater Washington, D.C., area.
July 29, 2025
Union Pacific, Norfolk Southern plan $85 billion merger; Mars boosts US manufacturing investment; Office attendance edges lower
Union Pacific, Norfolk Southern plan $85 billion merger
July 29, 2025
Boston's Federal Reserve tower notches win with global investment firm's expansion
A global investment firm is extending a recent expansion streak with a move to double its downtown Boston headquarters, delivering a welcome boost to a city that has struggled to reestablish its post-pandemic footing.
July 29, 2025
Verizon signs HQ lease at Vornado’s Penn 2 tower in Manhattan
Telecommunications giant Verizon is moving its headquarters to Vornado Realty Trust’s newly redeveloped Penn 2 trophy tower directly above Manhattan’s Penn Station. The relocation plan comes as Verizon has installed a stricter in-office policy.
July 29, 2025
Law firm pushes past £50-per-square-foot barrier to break regional office rent record
Top 50 law firm Birketts has taken more floorspace at Melford Capital's EQ offices in a deal that is understood to have set a new record headline rent for the regions.
July 28, 2025
Law firms double down on office space in Los Angeles and beyond
Fisher Phillips is the latest national law firm to add to its portfolio of upscale office space around the country, planting deeper roots in Los Angeles as it grows on two fronts: in downtown and in the nearby San Fernando Valley.
July 28, 2025
New construction in New York state must be all-electric, starting next year
New York state’s move to ban gas stoves, heaters and other fossil fuel appliances and equipment for new residential and other buildings is set to begin in phases by the end of the year, more than two years after the so-called All-Electric Buildings Act was enacted into the state budget.
July 28, 2025
Investment firm hones office acquisition strategy with deal for Silicon Valley startup’s headquarters
A local investment firm is fine-tuning its bet on the San Francisco Bay Area office market's rebound by extending its recent acquisition streak to include a tech company's Silicon Valley headquarters.
July 28, 2025
Hospital expansion planned for fast-growing area in Upstate South Carolina
Nonprofit healthcare provider Prisma Health plans to start construction next year on a $350 million expansion of a hospital near Greenville, South Carolina, as well as a medical office building.
July 28, 2025
Cancer biotech startup inks full-building deal to expand Seattle-area HQ
A subsidiary of Chinese biotech giant Sichuan Biokin Pharmaceutical is leveraging a yearslong surge in demand for its cancer research findings with a deal to roughly quadruple its headquarters on the outskirts of downtown Seattle.

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