Medical outpatient building absorption reached 3.8 million square feet during the first quarter, a 71% year-over-year surge that pushed occupancy to 92.5% across the top 50 markets. According to the 2026 Vital Signs report from Cushman & Wakefield (NYSE: CWK),...
Toronto-headquartered Brookfield Business Corp. (NYSE, TSX: BBUC), a global owner and operator of industrial and business services operations, is selling its global construction business Multiplex to Obayashi Corp., one of Japan’s largest construction companies, for...
A three-company joint venture has been formed to acquire an office property in the Georgetown neighborhood of Washington, DC, and convert it into a multifamily community. According to the companies, the redevelopment will transform two adjacent 1980s-vintage office...
A bipartisan majority of the New York City Council has called on Mayor Zohran Mamdani to use eminent domain for the seizing a structure located next to a city-owned property with a connection to the Underground Railroad. The New York Post reports 32 Council members...
A new CFPB director is named, New York City nuns address the affordable housing shortage, and Alec Baldwin tries once more to sell his Hamptons estate. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 8-12. Hit and Miss:...
Prudent Growth Partners LLC, a private equity real estate firm based in Chapel Hill, NC, has completed its $7.4 million acquisition of Scenic Square, a 28,850-square-foot neighborhood retail center located in the Dallas-area suburb of Rowlett, Texas, within the...