New retail development across the United States is in the midst of a dramatic slowdown, but fast-growing Phoenix continues to see activity with a multibillion-dollar project about to get off the ground.
David Werner Real Estate, a New York-based real estate investment trust, has acquired the 18-story Harding Building in New York's Garment District from a joint venture between Taconic Partners and Nuveen for $105 million, or about $255 a square foot. That's more than 60% off what the sellers paid for the building in January 2019, before "COVID" had entered the commercial real estate vocabulary.
Blackstone agreed to buy a natural gas power plant near Pittsburgh for $1 billion, citing soaring demand for electric power from data centers that process artificial intelligence applications.
A North Hollywood private investor has acquired a 23,400-square-foot shopping center in Coachella, California, for $6.3 million, or about $269 per square foot.
Developers can struggle to complete projects for affordable housing because of the difficulties inherent in making the finances work. That’s why architect Lawrence Scarpa takes it into his own hands to make the projects pencil out.
The latest data from the Bureau of Labor Statistics reveals a complex interaction between job growth and the ever-evolving return to in-office work. This interplay between job growth and office attendance trends could have profound implications for future demand for commercial office space.
With absorption outmatching the number of completed projects during the first half of the year, the San Antonio multifamily market might finally be turning a corner.
In the first half of the year, new leasing volume in Milwaukee’s office market surpassed pre-pandemic norms, outperforming the broader national market and many other major U.S. markets, including all in the Midwest.
Across the top 10 largest hotel markets in the Northeast, in terms of room inventory, most markets saw growth in revenue per available room, or RevPAR, through July.
Through July, St. Louis, Chicago and Columbus significantly outperformed their Midwestern counterparts when comparing revenue per available room, or RevPAR.
One of the nation's largest buyers of industrial real estate is expanding its Atlanta-area holdings with the purchase of a fully leased warehouse in Powder Springs.
Earlier in April, it was reported that initial figures in the first quarter of the year were pointing to the industrial segment being a pocket of strength for Dallas-Fort Worth. Manufacturing, which had been in a national recession, was treading water, maintaining its employment figures and even seeing growth in 2024 and into the early months of the year.
After two years of stop-start experiments with hybrid work, the summer of 2025 proved decisive for return-to-office policies, particularly for big players in the Twin Cities office market.
Myriad factors have impaired Los Angeles’ industrial tenant base in recent years. Higher interest rates and business costs, a slower pace of home sales and business inventory expansion, population loss and perhaps changes in U.S. tariff policy have all contributed to a contraction in occupancy.
After recently acquiring a portfolio of Ehpads operated by emeis for €120 million, LeadCrest Capital Partners has signed a major new transaction. This investment fund, which focuses exclusively on sale & leaseback and build-to-suit transactions in Europe, has strengthened its presence in Italy by acquiring a portfolio operated by Leroy Merlin.
The Kansas City labor market improved over the past year, according to the latest Bureau of Labor Statistics data. Nonfarm payrolls increased by 9,600 jobs in July compared to last year, the largest annual increase since December of last year.
Asking apartment rents in Boulder, Colorado, fell again in August as landlords continue to lower rates to compete for renters in the state's most expensive housing market.
