Office leasing activity during 2025 was up by 5% from one year before, according to a new data report from CoStar Group (NYSE: CSGP). Last year, office tenants signed for an estimated 410 million square feet of space. This was a significant reversal from 2024, when...
301-601 Merritt 7, a four-building office park in the New York City suburb of Norwalk, Connecticut, was sold for $58.5 million. The property covers 945,000 square feet within the larger six-building, 1.5 million square feet Merritt 7 complex. The property is the...
The delinquency rate for commercial mortgage-backed securities (CMBS) ended 2025 with a four basis points uptick to 7.30%, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 73 basis points from 6.57%. However, Trepp noted the...
Sterling Organization, a private equity real estate investment firm headquartered in West Palm Beach, Florida, has acquired Bristol Plaza, a 263,000 square-foot, grocery-anchored shopping center in Bristol, Connecticut. The property is anchored by the Stop & Shop...
The Barnes & Noble book retail chain has announced plans to open 60 stores in 2026. The company said the details on the locations and the opening dates are “being worked out,” although USA Today reports the new stores are being planned for California,...