#commercial real estate
articles
Hong Kong Housing Market Turns Bullish as New Launch Draws Record 53,000 Ballots and Rents Climb for Ninth Month
West Kowloon new launch drew a record 53,000 registrations (397x oversubscribed), rents rose for a ninth straight month,...
Telefónica Signs Three-Year Lease for Gran Vía Landmark After €200m Sale to Tomás Olivo
The telecoms group will retain its Espacio Movistar and Fundación Telefónica spaces under a five-floor lease, while the ...
Miami-Dade Extends Historic Courthouse Auction After No Bids at $35.4M
The failed sale of Miami's 1928 Capone-trial courthouse leaves the county carrying a landmark it no longer needs and sig...
Shabsels Bankruptcy Puts 50 Properties Across 22 States Up for Sale
The failed Shabsels real estate operation is selling roughly 50 Damis Holdings properties, from offices and apartments t...
India's Flex Workspace Operators Shift From Footprint Growth to Revenue per Square Foot
IndiQube, Awfis and WeWork India are layering premium offices, value-added services and digital products onto existing n...
Bowery Grand Hotel Sells for $8.4M as NYC Files $121M in Deals
A 104-deal, $121M day in New York City included an $8.4M Lower East Side hotel sale, a Tribeca condo sold at a loss, and...
Kazakhstan's secondary commercial property market carries hidden legal defects in up to 25% of assets
Buyers of Kazakh business premises risk inheriting land-use, servitude and unauthorised-rebuild liabilities. A full lega...
DePaul’s $42M Athletic Facility Leads Chicago’s Weekly Construction Permits
A $42.4 million DePaul athletic center, a 73-unit Lincoln Square addition and a Digital Realty data-center upgrade headl...
Nordic Partners Buys 107-Unit Seattle Apartments at 55% Below Average Per-Unit Price
The $14.4 million purchase of the former Monticello Apartments values each unit at $134,112, a sharp pricing reset for S...
Sharif El-Gamal Sues Arden Group Over Margaritaville Hotel Foreclosure Sale
The developer claims the October 2023 UCC sale was rigged with a $1,000 credit bid and restrictive rules, while lenders ...
Pátria Offers R$107.5 Million for Four Floors of Rio's Torre do Rio Sul
Pátria Escritórios' bid for four occupied floors would deepen its Rio exposure; Capitânia wants shareholders to vote on ...
EBRD Gives €250m Green Loan to Owner of Sofia's Paradise and Serdika Malls
The eight-year facility will fund energy-efficient retail projects across Romania, Bulgaria, Poland and Hungary, with So...
USG to Unveil Solution Targeting Data Centre Rework at DICE South
Building materials specialist USG will debut a new product designed to cut repair and rework time in data halls during t...
Bill Ackman's $258M Upper West Side Brain Center: A Real Estate Play, a Personal Mission, and a New Research Model
The billionaire investor and his wife are buying up former TV studios to build a neurosciences institute—a project born ...
Hong Kong Commercial Property Sees Surge in Deals as Chinese, Foreign Capital Chase Bargains
Investment volumes in Hong Kong's offices, hotels and whole buildings are climbing sharply, driven by low valuations, a ...
Simon Property Group Doubles Rent After Saks Off 5th Closures
The mall REIT turned a $18 million annual rent void into a projected $44 million windfall as new tenants lease vacated s...
US Retail and Restaurant Chains Chart Aggressive Store Growth in July Expansion Push
A wave of store openings and new market entries from brands including Nordstrom Rack, Ross Stores, Gong cha, Qdoba, and ...
New York’s Legal Dispensary Boom Turns Cannabis Tenants Into Prime Retail Assets for Landlords
Dispensary openings in New York City surged 108% year-over-year, the fastest retail growth, as better-capitalized operat...
Austin Raises $633M in Bond Sale for $1.6B Convention Center Redevelopment
The city of Austin has issued $633 million in municipal bonds to help fund a $1.6 billion replacement of its downtown co...
Climate Risk Data Becomes Core Underwriting Input as CRE Market Surges to $13B
MSCI's $120M First Street deal caps a shift that turns climate analytics from a niche ESG tool into essential infrastruc...
Bisnow Brings Midwest Multifamily Leaders to Chicago for Aug. 26 Conference
Owners, developers and investors gather at the Radisson Blu Aqua on Aug. 26 to discuss capital markets, construction cos...
Panera Leases 102K SF at BXP’s Weston Office for Corporate Headquarters Move
The fast-casual chain signed a long-term lease for the fourth floor of 133 Boston Post Office Road, part of its Panera R...
Loudoun County Weighs Data Center Application Freeze Despite Dillon’s Rule
The board that governs the world’s densest data center corridor has advanced a proposed pause on new applications, testi...
NYC Mayor Mamdani's Rent Freeze Deepens Losses in a $506M CMBS Deal
A $506 million bond deal tied to New York rent-stabilized apartments is already in default. Mayor Mamdani's October rent...
Snap Signs 199K SF Sublease at Vornado's Penn 2 as Manhattan Office Market Tightens
Snap Inc. has taken 199,000 SF at Vornado's Penn 2 through 2044, anchoring a brisk week of New York real estate deals as...
Onyx Partners renews $934M bid for 117 J.C. Penney store properties
The private equity firm, whose earlier offer for roughly 120 stores collapsed last year, is back with $934 million and a...
L.A. Property Values Hit $2.27T as Multifamily Rebounds and Office Distress Lingers
Commercial Observer's latest L.A. coverage shows property values at $2.27 trillion, retail investment up 62% in H1 2026,...
Hrithik Roshan Leases Andheri Office Space to Clearsynth Labs at ₹17 Lakh a Month
Hrithik Roshan has signed a five-year lease for a 6,000 sq ft office in Andheri West with Clearsynth Labs, at ₹17 lakh a...
Tsuen Wan's Emperor Plaza: Subdivided Shops Collapse to 2% of Peak Value
Auction results show Emperor Plaza shop units selling for as little as HK$90,000, a fraction of their 2012-13 prices, ex...
Commercial Observer Promotes CRE Networking Events in Three Cities and Online
Commercial Observer is pushing its events calendar for CRE professionals — in person in New York, Miami and Dallas, plus...