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Report: Law Firms Drove Q1 Office Leasing Activity

by Phil Hall | Jun 11, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Law firms were a key force in leasing activity within the office property sector during the first quarter, according to a new report from Cushman & Wakefield (NYSE: CWK). During the first three months of the year, law firms leased 4.6 million square feet of office...
New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues

New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues

by Phil Hall | Jun 9, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new data forecast is warning Boston could face a significant downturn in tax revenue from office buildings over the next five years. Axios reports the forecast from the Tufts University Center for State Policy Analysis and the Boston Policy Institute offered three...
Paramount Group Begins Review of ‘Strategic Alternatives to Maximize Shareholder Value’

Paramount Group Begins Review of ‘Strategic Alternatives to Maximize Shareholder Value’

by Phil Hall | May 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on New York City and San Francisco office properties, announced that its board of directors has begun a review of what it described as “a review and evaluation of strategic alternatives to...
Trump Sets April 14 Deadline for Agencies to Submit Office Relocation Plans

Trump Sets April 14 Deadline for Agencies to Submit Office Relocation Plans

by Phil Hall | Feb 27, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has set an April 14 deadline for federal agency director to submit plans for moving offices to “less-costly parts of the country.” The Washington Post reports the guidance was issued by the directors of the Office of Management and Budget and...
CBRE, Citadel Sign New Leases for Manhattan Office Spaces

CBRE, Citadel Sign New Leases for Manhattan Office Spaces

by Phil Hall | Jan 6, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate services and investment company CBRE Group Inc. (NYSE: CBRE) and the hedge fund Citadel LLC have signed significant office leases in historic Manhattan properties. CBRE announced it will establish a global financial headquarters at Lever...
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