Commercial Real Estate
Report: Law Firms Drove Q1 Office Leasing Activity
The report noted law firms leased 31% more office space over the past four quarters than they did in pre-pandemic 2019. Continue Reading Report: Law Firms Drove Q1 Office Leasing Activity
Feds Sell Trump’s Former DC Hotel for $80 Million
The property was originally the Post Office Building, which opened in 1899. Continue Reading Feds Sell Trump’s Former DC Hotel for $80 Million
Blueprint Healthcare Real Estate Advisors Taps Peter Trazzera as Senior Director of Capital Markets
Trazerra joins Blueprint following a 12-year tenure as senior vice president at KeyBank Institutional Healthcare. Continue Reading Blueprint Healthcare Real Estate Advisors Taps Peter Trazzera as Senior Director of Capital Markets
Foshay Tower, Historic Minneapolis Property, Faces Foreclosure
The 32-story Art Deco property was built in 1929 as the corporate headquarters for utilities mogul Wilbur Foshay. Continue Reading Foshay Tower, Historic Minneapolis Property, Faces Foreclosure
WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
Construction on Phase 1 infrastructure, including demolition, road networks and storm drain systems, is currently underway. Continue Reading WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
O’Bannon joins Newmark from Citigroup, where he spent seven years in the power and utilities investment banking group. Continue Reading Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
Peachtree Group Taps Mike Morey as EVP for Capital Markets
Earlier in his career, he served as vice president and regional manager at Intervest Mortgage Investment Co. Continue Reading Peachtree Group Taps Mike Morey as EVP for Capital Markets
Activist Investor Withdraws Demand for Board Change at CoStar Group
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP). According to a Reuters report citing...
Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
The property is roughly 57% occupied. Continue Reading Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
Hits and Misses for the Real Estate Week of April 6-10
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. Continue Reading Hits and Misses for the Real Estate Week of April 6-10
Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
National office vacancy declined by 100 basis points year-over-year to 13.6%. Continue Reading Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium
The mayor proposed an ordinance allowing the city to commit up to $600 million through bonds to finance the development. Continue Reading Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium
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