OpenAI signed its latest lease at a bayfront industrial building in Richmond, California, that could be used to make robots, as San Francisco’s artificial intelligence boom expands across the bay.
Clarke Inc., a real estate investment firm led by George Armoyan, an entrepreneur with extensive experience in real estate and other industries, has agreed to acquire Ravelin Properties REIT in an all‑stock transaction that would bring a decisive end to the office landlord’s long struggle to stabilize its balance sheet.
Greek Real Estate Partners, a family-owned, third-generation industrial real estate firm based in East Brunswick, New Jersey, and ranked among the largest real estate developers in New Jersey, secured a $46 million three-year, fixed-rate bridge loan for a newly completed and fully available 287,218-square-foot industrial facility located at 2121 Wheatsheaf Lane in Philadelphia.
A pair of federal agencies intend to relocate their headquarters within Washington, D.C., as the Trump administration seeks to cut the government's real estate portfolio and trim associated costs.
Construction has been completed at 900 Richards Run, marking the delivery of a 249,600-square-foot warehouse within the Richards Run corridor near Florence, New Jersey and the I-95/Route 130 interchange.
Two of the first high-rises to punctuate downtown Denver's skyline will soon be joining the city's conversion pipeline now that the landlord has secured financing for the project.
GO Industrial acquired a one-story industrial building in Stockton, California, from Dorfman Milano for nearly $22.3 million, or about $80 per square foot. The property, in Stockton’s Airport Business Center, was constructed in 1988 and renovated in 2001.
AEW Capital Management acquired The Lofts at Atlantic Wharf, an 86-unit apartment building at 530 Atlantic Ave. in Boston's Atlantic Wharf development. The fully leased, seven-story building was completed in 2011 along Boston's waterfront and includes 12,894 square feet of retail space. The unit mix comprises 33 studios, 42 one-bedroom units, and 11 two-bedroom units.
U.S. commercial real estate prices climbed in February, marking the eighth increase in nine months, as high-value properties drive a recovery from pandemic disruption and widen the performance gap over smaller assets.
Global developer Thor Equities bought a historic property in New York's trendy NoMad neighborhood, marking what CoStar data shows as its first office purchase in about a decade.
Choose New Jersey, tasked with attracting businesses to the Garden State, has named a veteran of Canadian mall owner Triple Five Group as its next president and CEO.
The city of Chattanooga, Tennessee, is known for Rock City featuring panoramic views and the Choo-Choo train station entertainment complex. But it has another facet of real estate that’s nothing to brag about: two enormous, nearly empty office complexes. And one may soon have a for-sale sign.
Global law firm Jones Day is expected to move its Dallas office out of the Harwood District, a place where it has been for the past 30 years, in lieu of a new building being constructed by entities with ties to billionaire Michael Dell.
Exol, a California-based AI-powered automated fulfillment company formerly known as GreenBox, signed a full-building lease for the newly constructed South Penn Logistics Center in Morrisville, Pennsylvania.
Blackstone is closing out the first quarter with a pair of commercial mortgage-backed securities transactions, including a deal tied to its $2.3 billion, all-cash acquisition of Hawaii landlord Alexander & Baldwin.
The median home sale price in Denver has fallen every month since October, and a surge in available apartments and landlord concessions may be playing an outsized role.
