Salesforce is expanding its footprint at its namesake New York tower, adding more than 71,000 square feet as it grows to meet surging demand from the artificial intelligence boom.
SL Green Realty, Manhattan’s largest office landlord, and its partner PGIM, the investment management arm of Prudential Financial, have landed a $1.4 billion loan to refinance a full-block office tower right across from Manhattan’s popular Madison Square Park and counting major tenants including investment bank UBS and entertainment giant Sony.
Barnes & Noble Education (BNED) has officially signed a lease for its new U.S. headquarters at 180 Park Ave. in Florham Park, New Jersey, according to a statement released by Cushman & Wakefield. The company — which operates independently as a publicly traded entity and serves as the parent organization of Barnes & Noble College, a leading operator of college bookstores — will occupy 29,127 square feet on the third floor of the Class A office building. The relocation from Basking Ridge, New Jersey, is scheduled for the fourth quarter of this year.
Boca Raton-based office landlord CP Group has scored two new tenants at One Biscayne Tower, with a number of deals totaling nearly 70,000 square feet of leasing at the downtown Miami tower.
Retail landlords in North Carolina's two largest markets have been able to push rents faster than any other large market in the United States, thanks to the cities' limited retail space and growing populations that are driving consumer spending.
A group of Chicago real estate firms has landed more than $95 million in financing to kick off construction on a 287-unit apartment tower near high-demand Fulton Market, a rare groundbreaking in the city despite high demand and growing rents.
Patten Property Development purchased 12 parcels of land totaling 2.9 acres on Glen Street in Glens Falls, New York, for $3,175,000 to build two three-story multifamily properties containing 60 units across the street from Monument Square.
At Manhattan’s Moynihan Train Hall, visitors can pick up a cup of Blue Bottle Coffee or an Alidoro Italian sandwich. They can buy a Moleskine notebook or fresh flowers. And now they can shop a coveted clothing label that's gained popularity on social media.
Google may be credited with helping to transform Pittsburgh's East End, but the tech giant is moving forward with a plan to downsize its office presence in the neighborhood as part of sweeping cuts it has made to its global real estate footprint.
Architecture firm 10 Design has made several new key senior hires, including appointing a new CEO and a prominent San Francisco architect to oversee its Bay Area practice.
The Philadelphia commercial office market has seen a significant shift in active buyers over the past 12 months, with private buyers and end users filling the void left by traditional institutional investors in the office sales market.
Recently released retailer earnings reports reinforced an increasingly bifurcated landscape with value-driven formats continuing to gain share while stores depending on discretionary spending faced margin pressure and uneven demand.
Since the first quarter of 2021, Chicago’s retail landscape has seen notable shifts in vacancy rates across different property types, with strip centers, neighborhood centers and power centers all showing strong performance.
As brokerages continue to shuffle their teams across Florida, Avison Young has added Julie Palmer-Nicholson as the brokerage’s newest principal and statewide director of real estate management services.
Saunders Property Co. has purchased Mission Village, a 217-unit senior living mobile home complex in Riverside, California, from The Carlyle Group for $37.5 million, or $172,811 per unit.
Industrial real estate facilities in Canada have undergone a dramatic transformation in recent years. Buildings have grown, not just in footprint but also in vertical scale. This design trend reflects a market geared toward more-efficient facilities designed to meet the needs of modern logistics, distribution and manufacturing.
