Sectors: archive
Every Sectors story in Real Estate, newest first. 353 stories
2 stories
Manhattan trophy office vacancy falls to 4.9% cycle low
JLL finds $300-per-square-foot leases arrived three times faster than the $200 benchmark, with new supply projected to fall to 1.5 million square feet a year.
U.S. large industrial new leases hit 92% of peak as renewals fall
Leasing volume still does not equal absorption; relocations and weaker renewals can leave space behind, CoStar says.
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Lubert-Adler looks to sell 595,000 sq ft Philadelphia office
The Center City building is 99% leased with eight years of weighted average lease term; the report gives no asking price or loan terms.
Senior housing occupancy in 31 primary markets hits 90.4% as building pace lags need
NIC logged a 21st straight quarterly gain in those markets; just over 16,000 units were under construction in the second quarter.
Marcus & Millichap expects limited new commercial construction to extend rent growth
The October 2026 Construction Outlook brief also flags water and power as constraints and says the next building cycle could slip by several years.
Carr Properties buys Ballston office for $12.25M apartment conversion
The 186,000-square-foot building at 4040 N. Fairfax Drive is planned for 392 units, with work beginning in summer 2028.
Blackstone opportunistic real estate posts 3.2% loss after valuation cap rate increases
The opportunistic arm was the only Blackstone unit to post a third-quarter loss; core-plus real estate gained 1.6%.
Yardi's StorageCafe: 42 of top 100 US metros put at least half of past decade's self-storage development in city limits
StorageCafe says construction has concentrated in suburbs of fast-growing metros, but the balance is tilting toward urban sites in mid-sized markets.
7 stories
Walker & Dunlop's Mikkelsen: 65% of 120 deals since May need no repricing
Seven or eight deals expected to close in the week before the Oct. 21 webcast were delayed, and an executive said Treasury yields above 5% have affected lender and buyer valuations.
L.A. County apartment sales climb 44% to $3.3 billion as per-unit price falls
Colliers puts year-to-date volume for 50-plus-unit properties at $3.3 billion; occupancy held at 94.1% and effective rent rose $6 to $2,428 a month.
Distressed commercial property sales rise 26.4% while nondistressed trades rise 50.3%
MSCI data cited by The Real Deal on Oct. 21 show $13.2 billion in distressed trades in the first nine months, up from $10.5 billion; overall volume rose nearly 50% to $560 billion.
HIC Land names Victor Padilla co-CEO as it shifts to master-planned communities
Padilla, the founder's first hire and previously director of operations, takes the role as the South Carolina firm shifts to larger master-planned communities with multifamily and commercial pieces.
Brooklyn edges Manhattan below 96th Street as submarket volume drops 43.6%
Ariel Property Advisors counted $693.8 million of Brooklyn apartment sales against $685.2 million in Manhattan below 96th Street.
Omnes Capital backs Heim Datacenter platform through CEP2 fund
Heim plans its first data centers in Finland and aims to expand across Europe; financial terms were not disclosed.
JLL says electricity costs are pulling energy efficiency into CRE underwriting
Electricity in major markets is 11% to 91% more expensive in real terms than in 2020, JLL says, widening the operating gap between efficient and inefficient buildings.
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September multifamily starts fall 25.9% year over year; permits top starts by 154,000 annualized units
Permits ran at a 503,000 annualized rate against 349,000 in starts, a gap Leaselock economist Greg Willett links to financing costs.
Boston life-sciences vacancy reaches 28.1% and venture funding declines across three largest U.S. hubs
Savills reports put Bay Area vacancy at 23.8%, down 20 basis points from a year earlier.
Elmington buys 260-unit Lawrenceville apartments for $55M from FCP
American South Capital Partners supplied $18 million of equity, roughly a third of the purchase price.
Manhattan office tenant-improvement allowances rise 7.9% to $120.80 a square foot
Free rent was 8.6% below 2025, and trophy build-out allowances reached $130.40 a square foot, Avison Young data show.
New York comptroller's AI scenarios put 25% odds on an investment bust
Savills data show AI tenants signed 8.2 percent of Manhattan's new office leasing in the first half of 2026, up from 0.7 percent in all of 2020.
Institutions are 26% of retail investment volume, JLL's Snedden says
Grocery-anchored and power centers now trade within about 50 basis points of each other, he told IREI.
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Amazon leases 90,970-sf Everett warehouse for Leo satellite unit
The building at 6611 Associated Blvd. had not been physically occupied since at least 2022, and Colliers began marketing it for lease in March 2024.
KG Growth Partners weighs data center conversion at shuttered San Francisco Centre
The Maryland advisory firm has asked the city about buying the 350,000-square-foot former Bloomingdale's space; no application for permits has been filed.
San Jose median asking rent hits $3,565 as national median falls
San Francisco climbed 4.8% to $3,057, $48 below its summer 2022 peak; Connect CRE, citing Realtor.com data, attributed Bay Area gains to AI hiring.
EverWind plans C$8 billion Point Tupper data-center campus in Nova Scotia
The first 95 megawatts are targeted for late 2027, with a 325-megawatt expansion in 2028; Reuters reports Anthropic is the tenant for the initial phase.
Boston office vacancy forecast to fall 10 bps to 19.1%, Marcus & Millichap says
The brokerage attributes the drop mainly to Suffolk County, where 1.3 million square feet of first-half absorption cut vacancy to 20.4%.
Southern California warehouse users outbid investors to own space
Occupiers competed actively with institutions early this year and paid a premium to buy rather than lease, according to Smith Industrial Partners data cited by Commercial Observer.
Dermody to start 1.2M SF of Phoenix industrial as first phase leases up
Buildings 3 and 4 at LogistiCenter at Copperwing are designed to combine into a single 1,319,962-square-foot building, with delivery estimated for the third quarter of 2027.
Seoul class A face rents rise 4.9% as CBD vacancy climbs to 7.0%
Newmark's Q3 report credits tenant relocations; two of the three named tenants are public bodies.
New Mountain net lease arm targets mission-critical manufacturing
Kaplan said about half the industries the unit focuses on depend on real estate-centric operations, citing consumer packaged goods, food and beverage, and pharmaceuticals.
KG Growth Partners explores AI data center conversion at shuttered San Francisco mall
The Maryland-based firm is weighing the former Bloomingdale's space; no formal development application has been submitted.
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Moinian set to add 1.9 million square feet of Hudson Yards office
Commercial Observer's summary of its sit-down with him names no start date, address or anchor tenant; Manhattan is described as desperate for new stock.
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NYC multifamily dollar volume falls 23.3% in Q3 as large deals halve
Nine-month sales still rose 7.9% to $6.99 billion across 1,044 transactions, and buildings with at least 75% free-market units took 63.1% of third-quarter dollar volume.
L.A. industrial vacancy falls to 5% on fourth straight quarter of absorption
Tenants absorbed 1.9 million square feet in the third quarter, but asking rents stayed at $1.19 per square foot per month and buildings under 50,000 square feet kept shedding space.
ULI and Heitman report says power access is reshaping real estate investment
The study says markets with abundant energy, transmission capacity, fiber and fast power delivery could gain an advantage, and it flags powered land, battery storage and workforce housing.
CapitaLand India Trust nears completion of 53 MW Chennai data center
The listed trust's first data center in Tamil Nadu follows a fully leased 108 MW site in Navi Mumbai.
Keppel consortium seeks $448m for Shanghai complex, 35% below 2019 price
Savills is sole agent on the 800,835-square-foot International Bund Gateway in Hongkou, which pairs two 18-story office towers with a retail podium.
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Aviator House opens as D.C.'s first completed Housing in Downtown conversion
National Real Estate Development converted the 1972-vintage Air Line Pilots Association headquarters, which the project lead said was about half leased after the pandemic.
Prologis raises 2026 acquisition and development guidance after 60 million-square-foot leasing quarter
The REIT lifted its 2026 acquisition range to $2.1 billion–$2.3 billion and its development outlook to $5 billion–$5.75 billion, while flagging higher rates as a risk to values.
Marcus & Millichap: fewer than 50,000 new jobs a month can hold unemployment steady
The brokerage links weaker hiring to slower apartment absorption in the Sun Belt and flags retail net absorption below 2 million square feet a quarter since the start of 2025.