Sectors: archive
Every Sectors story in Real Estate, newest first. 355 stories
4 stories
Retail buyers split between net lease and shopping centers, Marcus & Millichap reports
Retail assets renovated in the past five years traded above $700 per square foot over the trailing 12 months, the report says.
City of London core office vacancy falls to 9.6%, lowest since mid-2020
Four- and five-star space absorbed 2 million square feet over the year while three-star stock gave back 150,000, even as second-quarter leasing contracted.
Goleta quantum computing sector produces $235 million sale and a Google purchase
Colliers brokered the March recapitalization and sale of a 733,000-square-foot Goleta tech park to Praelium, and Google bought two more buildings in Goleta in August.
CBRE survey finds half of Asia-Pacific occupiers plan to expand offices
Attendance has reached what the survey calls a steady state, and the same occupiers favour premium buildings in central business districts.
2 stories
What PJM's data center curtailment plan means for project pro formas
PJM has asked federal regulators to approve a framework that would let it cut power to new data centers that add no capacity to the grid.
Crescent Heights files 1,030-unit Live Local plan for Miami's Edgewater
The two-tower proposal at 3180 Biscayne Boulevard sets aside 412 apartments at up to 120 percent of area median income and seeks a 50 percent parking reduction.
4 stories
Multifamily's generational trade sits in the debt stack
Lenders installing receivers and hunting recourse carve-outs are setting the 2026 clearing basis before any buyer reaches a purchase contract.
NorthPoint JV breaks ground on the first 12 percent of a $750 million industrial plan
The Haslet cross-dock starts with no disclosed tenant, while the other eight buildings remain off the construction calendar.
NRP's DC debut shows the subsidy stack is the product
A 115-unit flatiron in NoMa shows what developers actually sell public agencies: the closing, not the construction.
Austin's multifamily bottleneck is the council vote
A $26 million school-site sale turns a shuttered elementary into 435 entitled units, at a land basis near $60,000 apiece.
7 stories
Senators move to strip data centers from the rural OZ tier
The tripled rural step-up in basis was sold as a data center benefit; the Senate is now deciding whether it was a housing benefit instead, and rural land comps will register the answer first.
L&G's retirement arm writes its first U.S. development check
Retirement capital is underwriting the 2028-29 supply gap rather than the lease-up in front of it.
Cambridge's biggest office lease of 2026 is an AI bet
Blitzy's 52,000-square-foot Kendall Square deal tops this year's Cambridge office market, where AI tenants account for more than 60% of new leasing.
Starbucks is closing the storefront and keeping the drive-through
A 250-store closure round sorts the portfolio by real estate: the drive-through box re-leases, and the urban storefront re-prices.
Vivmark's merger drove August apartment volume; single-asset sales fell 35%
The $80.5 billion month is one merger printing as transaction volume; the trades that will set prices are clearing out of REO supply.
The APAC hotel bid is two trades, and only one is durable
China's doubled volume leans partly on a REIT eligibility change, while Japan and Korea draw capital on room rates and a thin supply pipeline.
Student housing's rebound makes the value-add basis the whole trade
Volume rebounded 48 percent from the trough, which means the vintage that rewarded conviction has already been bought.
6 stories
Retail's store-opening boom is a landlord's trade now
Net store openings turned positive just as completions hit a record-low 5.2 million square feet, leaving the expansion's returns to the landlords already holding the space.
Mid-Atlantic data center permits just became the scarce asset
Prince William's smaller overlay and Maryland's new review layer make entitlement, not power, the binding constraint for private sponsors and their lenders.
Amherst's SFR case rests on sellers who won't move
With no foreclosure catalyst in sight, the single-family rental thesis has become a bet on how few homes trade.
Opus bets Omaha scarcity next door to Google
A 272,076-square-foot spec project under construction on 18.8 acres beside Google's Omaha data center, where the tenant mix may matter less than the land premium.
A fading Houston mall prices industrial land at $125 a foot
Lincoln and New York Life will spend $150 million to turn 80 acres of failed retail into 1.2 million square feet of warehouse, a conversion whose two-year gap between teardown and first delivery rests on a city tax district.
Catella bets Europe's next decade is a city trade
With beds and sheds now the consensus allocation, the return spread between cities, not property types, is what allocators are buying.
4 stories
The $700 billion data center build-out is repricing every other construction project
For nondata developers, the hyperscaler bid is now the number to beat on labor, materials and debt — and last year's pro formas are on the wrong side of it.
The manufacturing rebound is a powered-land trade, and Texas owns it
Announced manufacturing capital is more than doubling while job announcements grow at less than half that pace, which tells industrial owners the demand is land-heavy, power-hungry and geographically narrow.
Harrison Street staffs the exit side of its senior housing book
A three-person liftout from PGIM gives the $110 billion manager the asset management depth that matters when a portfolio has decisions pending rather than acquisitions to make.
Suntec's $815m Australian office sale puts its appraisals to the test
Two wholly owned Sydney buildings and a half-stake in Melbourne's Olderfleet go to market to cut borrowing costs, handing Australian office its first real pricing test since the Dec. 31 appraisals.
9 stories
Franchisees are building Flex's recovery, and carrying its risk
The location count keeps compounding at the sub-scale end of coworking, where the risk is quietly landing.
Two AI tenants fill a Flatiron building, and the bid stays narrow
Full-floor leases at 61 W. 23rd St. bring the repositioned Manhattan building to occupancy without making AI tenants a broad recovery story.
AI leasing arrives one Flatiron floor at a time
Two 8,367-square-foot leases at 61 West 23rd Street show what AI demand looks like at the small end of Midtown South, where a 2016 basis does the work a rent roll cannot.
Hanover's Lehigh Valley debut is its second new market in a month
The 358,234-square-foot Savage Road build is the firm's second ground-up entry into a new market in 27 days, and the payoff rests on the first lease signed.
New York's New Hurdle for Data Center Capital Is Disclosure
The moratorium has an expiry date; the reporting regime announced Monday does not, and that is the half a sponsor has to underwrite.
The office freeze is a financing verdict
A stalled pipeline will set the terms of every large lease expiring after 2028, and the effect will hit renewals before it hits rents.
Industrial's construction freeze is thawing at the small end
Cushman & Wakefield's cost guide shows small industrial projects inflating fastest at $144 per square foot, putting the infill scarcity premium under the one pressure owners cannot underwrite away.
Hawley's bill reprices the marginal opportunity zone data center
The Opportunity Zone tax break mattered to data centers mostly at the margin; Hawley's bill makes that margin a political variable.
Multifamily's coming shortage is a financing problem, not a demand one
A 475,000-unit pipeline and 95.5% occupancy set up the 2028-29 supply gap; the sponsors who capture it are the ones whose capital can wait.
4 stories
Data center power bill stalls; the states already had the rule
Congress's retreat leaves the cost-allocation fight to the statehouses, where data center underwriting now prices regulatory risk project by project.
A $116 million Sedona resort breaks ground at $1.66 million a key
Seventy keys against $116 million is a rate bet, which is why the villa layout and the amenity buildings matter more than the shovel.
Boerne's 324 units test the operator-and-location thesis
Endura's Hill Country groundbreaking carries the standard garden amenity list and a HUD 221(d)(4) loan, leaving the absorption question to the property manager and the site.
A foundation is setting a floor under downtown San Diego offices
Civic capital can hold a landmark at a basis no leveraged sponsor will touch, but patience is not absorption.