Development

Renowned auction house Christie’s has renewed its 25-year lease at Rockefeller Center in New York City. The decision to stay put at its 400,000-square-foot headquarters came after careful consideration of relocation options. Since 1997, Rockefeller Center has served as the…

The Mile High City, Denver offers a blend of urban sophistication and outdoor adventure, making it a destination that appeals to both business and leisure travelers. With its stunning, natural beauty; rich cultural scene; and vibrant neighborhoods, Denver is a…

For decades, the narrative surrounding America’s Rust Belt was one of decline — factories lying dormant, population decline, urban blight and struggling communities. However, a quiet but determined effort has been underway to revitalize the region, as documented in one…

Detroit, often celebrated for its pivotal role in the automotive industry and its rich musical legacy, has undergone a renaissance that blends its historical roots with a burgeoning creative and entrepreneurial spirit. As such, the city’s revitalized neighborhoods are now…

Clothing brand Boston Proper has renewed its long-term lease for its headquarters at 1155 Broken Sound Parkway NW in Boca Raton, Fla. The company has occupied this 42,563-square-foot space within The Park at Broken Sound campus for more than a…

Seattle-based real estate holding company GT Capital recently led a group of investors in the acquisition of the landmark Smith Tower and nearby Butler Garage. The ownership group includes local investment firms Freestone Capital Management and Evergreen Ventures (the alternative…

Real estate private equity firm and debt fund manager The Northwind Group recently announced the issuing of a $95 million senior mortgage acquisition loan to a joint venture between Lloyd Goldman’s BLDG and David Werner’s DWREI. The partnership acquired 100…

Leading multi-asset alternative investment firm Bain Capital recently announced the signing of a lease renewal and expansion of its Boston headquarters offices. The newly inked lease includes nearly 380,000 square feet of Boston office space and reportedly marked one of…

Construction activity continued its slowdown in the first six months of 2024, as interest rates and construction costs remain high. As always, we used CommercialEdge data to ascertain trends around office construction activity throughout the country’s major real estate markets, as well…

Financial services company Daiwa Capital Markets America Inc. (DCMA) recently signed a lease at Mitsui Fudosan America’s 1251 Sixth Ave. The lease spans 20 years and more than 44,000 square feet of prime Midtown Manhattan office space on the 49th…