Commercial

The wide adoption of hybrid work models, along with the need for more flexibility in terms of workspaces and lease terms are leading the coworking sector’s growth across the country. Although several factors led to more companies using coworking as…

Spectrum Reach is relocating its headquarters to two full floors at Rudin’s 3 Times Square in an 11-year deal. Image courtesy of Rudin Rudin has secured another agreement for its 3 Times Square building in Midtown Manhattan, signing Spectrum Reach…

Fed Chair Jerome Powell speaks at the Jan. 29 press conference. Screenshot by Gabriel Frank In its first meeting of 2025, the Federal Reserve Open Markets Committee voted to pause on changes to its interest rate policy, keeping the current…

Upon completion, the distribution center will serve more than 200 Tractor Supply stores similar to the one pictured above. Image courtesy of JRW Realty Tractor Supply Co. will develop an 865,000-square-foot distribution center in Nampa, Idaho, marking a nearly $225…

The new manufacturing facility represents Nestle USA’s 20th food and beverage factory. Image courtesy of Nestle Nestle USA has opened its new beverage factory and distribution center in Glendale, Ariz., a 630,000-square-foot facility. The company broke ground on the $675 million…

Source: PropertyShark, a Yardi Systems company Sale Price: $45.3 million Joyland Group, in joint venture with Prospect Development, has acquired the 5,000-square-foot retail building in Williamsburg from L3 Capital. The buyer secured $85 million in construction financing through a collateral…

Source: CommercialEdge, a Yardi Systems company In the last quarter of 2024, office sales totaled $9.1 billion with 365 transactions closing, totaling 46.9 million square feet, according to the latest CommercialEdge data. When compared to the previous quarter, there was…

The 12-story Wynwood Plaza office tower is set to come online in the next months. Image by Gensler, courtesy of L&L Holding Co. In the largest office lease ever recorded in Miami’s Wynwood submarket, Amazon agreed to occupy 50,333 square…

Harrison Street partnered with PowerHouse in January of last year to build a 900,000-square-foot data center in Reno, Nev. The project was estimated at $400 million at the time. Rendering courtesy of PowerHouse Data Centers Harrison Street has raised roughly…

What do you have planned for this year to advance your business? The CPE Executive Council shares their top goals. Shaun Keegan Sunny Days Our top goal for 2025: lease more than 80 million square feet of commercial rooftop space…