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Citigroup to Create $16.1 Million Office Facility in Charlotte

Citigroup to Create $16.1 Million Office Facility in Charlotte

by Phil Hall | Jul 10, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Citigroup (NYSE: C) has announced plans to invest $16.1 million in a new office facility in Charlotte, North Carolina. Reuters reports the banking giant opens is aiming to create 510 new jobs at the facility that will focus on personal banking, finance, and marketing....
Newmark Represents United Nations in Office Lease Transaction

Newmark Represents United Nations in Office Lease Transaction

by Phil Hall | Jun 19, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Newmark Group Inc. (NASDAQ: NMRK) announced it the United Nations (UN) in its long-term office lease renewal, expansion and workplace redesign at 2 United Nations Plaza, located across the street from the world body’s Manhattan headquarters. According to the company,...
HUD Secretary Turner: Los Angeles Rioters Forced Closure of 3 Field Offices

HUD Secretary Turner: Los Angeles Rioters Forced Closure of 3 Field Offices

by Phil Hall | Jun 11, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Housing and Urban Development (HUD) Secretary Scott Turner took to X with photographs showing the level of vandalism inflicted on his department’s Los Angeles office building by the rioters who have disrupted the city’s downtown area and shut down the...
San Francisco’s Market Center Complex Sold at a Steep Discount

San Francisco’s Market Center Complex Sold at a Steep Discount

by Phil Hall | Jun 3, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

San Francisco’s beleaguered office property market received a boost of activity – albeit of a discounted nature – with the acquisition of the Market Center complex by restaurant franchise magnate Greg Flynn and the investment firm DRA Advisors. The property, which...
Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million

Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million

by Phil Hall | May 20, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Tempus Realty Partners, an Arkansas-based real estate investment partnership, has acquired a Class A+ office and retail property in Pittsburgh’s Strip District for $43.75 million. Originally constructed as a warehouse, the property covers 94,580 square feet of...
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