Commercial

285 Madison Ave. in Midtown Manhattan. Image courtesy of Ocean West Capital Partners RFR Realty has handed ownership of 285 Madison Ave. in Midtown Manhattan to its mezzanine lender, a consortium of some of South Korea’s largest insurance companies advised…

Westgate II is located at 17320 Katy Freeway, less than 5 miles west of McDermott’s headquarters. Image courtesy of CommercialEdge McDermott International has leased 50,498 square feet at Westgate II, a 186,288-square-foot office building in Houston. JLL led the marketing…

Therese Fitzgerald As host of a podcast on sustainability, I’ve heard a sentiment repeated by a number of guests lately. That is, regardless of the constraints President Trump imposes on existing federal environmental regulations and legislation, states and cities will…

88 Kearny St. in San Francisco has been purchased for $74.5 million. Photo courtesy of LendingClub Corp. Financial services company LendingClub Corp. has inked a deal to acquire the 233,887-square-foot 88 Kearny St. in downtown San Francisco for $74.5 million.…

Houston’s office sector remained stable in 2024, with the metro being the only U.S. market to have more than 1 million square feet in construction starts, per CommercialEdge data. However, the beginning of this year has been slow, with no…

More firms are setting stricter in-office expectations, including minimum in-office requirements, with larger companies leading the shift. As of early this year, nationwide office traffic remained at 59 percent of pre-pandemic levels, but that could change if corporate pressure intensifies,…

TailoredSpace’s 12,000-square-foot coworking location will include phone and conference rooms, as well as executive suites. Image courtesy of TailoredSpace Flexible office solution provider TailoredSpace has opened a 12,000-square-foot coworking location in San Diego’s Kearny Mesa, at Strauss Investments’ 9619 Chesapeake…

The 390,498-square-foot 41 Logistics Center is one of the three industrial properties that McCraney refinanced in the current deal. Image courtesy of JLL McCraney Property Co. has obtained $55 million in financing for a three-property industrial portfolio in the southeastern…

The office building at 701 Ninth St. NW is also known as Edison Place. Image courtesy of Pepco Holdings Exelon Corp. has acquired 701 Ninth St. NW in Washington, D.C., the headquarters of its Pepco Holdings subsidiary. Brookfield Properties sold…

The 24-story building underwent a full-scale renovation and façade restoration in 2016. Image courtesy of Newmark Meirowitz & Wasserberg LLP has renewed and expanded its Manhattan footprint to 24,014 square feet at the 255,000-square-foot 1040 Avenue of the Americas. Newmark…