Development

SL Green, the dominant office landlord in Manhattan, has finalized a 15-year, 144,418-square-foot renewal and expansion lease with Newmark at 125 Park Ave. Newmark’s history with the building dates back to the mid-1990s, when it initially occupied only 47,000 square…

Dallas-based Provident Realty Advisors, through its division Provident Industrial, recently broke ground on phase four of Gateway Logistics Park in El Paso, Texas. The project is slated to add roughly 497,000 square feet of El Paso industrial space across three…

Reno, Nev.-based private equity investment management company Dermody Properties recently delivered Phase I of The Logistics Campus in Glenview, Ill. The group also signed a new tenant for Building Three. Located at 2501 Sanders Road, the facility will serve as…

The shift toward remote work since the COVID-19 pandemic has fundamentally altered office culture as workers — especially those who have primarily experienced professional life in a remote or hybrid environment — are now resistant to a full-scale return to…

Baltimore-based, full-service commercial real estate firm Merritt Properties recently announced that both phases of its Imeson Landing Business Park in Jacksonville, Fla., were at full occupancy. The recently completed second phase of the industrial campus delivered more than 128,000 square…

Fort Worth-based commercial real estate investment and development firm M2G Ventures recently announced the acquisition of a six-building business park in Lewisville, TX. The purchase was made in partnership with Austin-based Evergen Equity and included Lewisville 121, a multi-tenant industrial…

If you’ve debated trading Boston’s Seaport for Newton’s leafy suburbs or weighed Springfield’s short commutes against Worcester’s parking perks, you’re not alone: Hybrid work has reshaped Massachusetts, altering not just how people work, but also how cities accommodate them. Now,…

Amazon and WeWork are partnering again, this time at Five Manhattan West in Hudson Yards. The coworking firm has executed a 112,265-square-foot sublease at the Brookfield Properties-owned office building for the e-commerce giant to secure space that was previously held…

Fisher Brothers has secured a $500 million refinancing loan for its recently completed renovation of 299 Park Ave., its Midtown office property and headquarters. Citi Group and J.P. Morgan are providing this new, 10-year mortgage, which exceeds the building’s previous…

Boston-based real estate private equity firm Rockpoint recently announced the acquisition of a distribution center in what reportedly marked the largest Central Massachusetts property transaction since 2020, when the Staples headquarters in Framingham sold for $165 million. Completed in 2023…