Development

The CRE market has never been more competitive, and that includes commercial real estate lead generation. Today’s brokers can’t rely on cold calls, referrals and billboards alone. Instead, a systematic approach is necessary to generate qualified leads consistently. The most…

Next up, San Francisco garnered 67 points. In this case, the score it obtained for its share of LEED-certified office spaces within its stock was its standout performance. The city also boasts the highest share of LEED Platinum workspaces among primary markets…

Key Takeaways: The national office vacancy rate was 19.4% in May, up 160 basis points year-over-year, with occupancy unlikely to rise in near future The average U.S. office listing rate was $33.15 per square foot in May, increasing 4.8% year-over-year…

The Regional Center of Orange County (RCOC), a nonprofit organization dedicated to supporting individuals with developmental disabilities, has renewed and increased its footprint at the Tustin Centre complex in Santa Ana, Calif. The 102,631-square-foot deal represents an expansion of the…

Scott Rechler’s RXR has finalized a significant deal to acquire the Plaza District skyscraper at 590 Madison Ave. by placing a $50 million deposit. Approximately 3.5 weeks prior, the company signed a letter of intent to purchase the building from…

Blackstone Real Estate Income Trust (BREIT), the firm’s nontraded REIT, recently refinanced a portfolio comprising 59 industrial properties spanning 13 states. This was achieved by securing a $1 billion CMBS loan that was originated late last month. The syndicate of…

Carr Properties has sold another of its Washington, D.C. office buildings as part of its ongoing portfolio reorganization. The prominent local landlord sold the property at 901 K St. NW to Shorenstein for $84.3 million, according to documents filed with…

Millennials are entering a new phase – one that comes with more financial power and bigger decisions about where to live. Now in their 30s and 40s, many are earning more, advancing in their careers, and thinking long-term. According to…

Big cities used to be the default for young adults chasing opportunity, but that’s no longer a given. For many Gen Zers, priorities have moved toward balance, community and affordability. They’re graduating into careers while weighing ambition against rising rents…

Commercial real estate advisor and service provider Newmark Group, Inc. recently announced that it had arranged the sale of the office tower at 601 S. Figueroa St. in downtown Los Angeles. Also known as 601 Fig or Fig at Wilshire,…