New York
Blackstone Reports Strong Results
Blackstone (NYSE:BX) has reportedly deployed a record $32-billion into new investments in 2015. Boasting a massive pool of $80-billion in… Read more
NYC’s Finance Department Takes 175,000 SF at Former Verizon Building
New York City’s Department of Finance has reportedly struck an agreement with Sabey Data Centers to lease 175,000 sf at… Read more
Yerba Buena Cultural District Getting $500M Condo Tower
Millennium Partners has reportedly filed permits to build a $500-million, 45-story mixed-use condo tower and four-story Mexican Museum at 706… Read more
GE Strategically Relocates Global HQ To Boston
General Electric Co. is moving its global headquarters to Boston, from Fairfield, CT and New York City, where the company says… Read more
JLL Reit Shells Out $1.3B for 13.7% Stake
JLL Income Property Trust has acquired a 13.7% stake in a 15-building retail portfolio owned by Forest City Enterprises and… Read more
First Allied Plaza Bought As Part of $753M Deal
First Allied Plaza, an office tower located at 655 W. Broadway in downtown San Diego, has traded hands as part of… Read more
Dropbox Inks Relocation Deal at 340,000-SF 50 W. 23rd
Cloud computing and storage company Dropbox has signed a five-year lease for 31,270 sf at 50 W. 23rd St. in… Read more
Google Takes Down 250,000 SF at Pier 57
Google Inc. has inked a deal to be the anchor tenant at Manhattan’s Pier 57, a 480,000-sf, mixed-use development in… Read more
$1B Related Cos. Fund Spurs Major Investor Interest
The Related Cos. intended to raise $850 million for a new operator-sponsored opportunity fund, but even better, the fund reportedly collected $1… Read more
$70B Worth of Deals Completed in 2015
Cushman & Wakefield and CBRE estimated that as much as $70 billion worth of commercial real estate deals in New… Read more
DRA to Acquire Inland Real Estate Corp. for $2.3B
DRA Advisors of New York has reportedly agreed to acquire Oak Brook, IL-based Inland Real Estate Corp. for $2.3 billion.… Read more
All LAUSD Schools Closed After Electronic Threats
This post will be updated throughout the day as more news is shared by officials. Update at 4:35 PM Cortines… Read more
Brookfield Properties Q&A: The Status and Future of DTLA
According to The Downtown Center Business Improvement District’s (DCBID) Q3 market report, Downtown LA’s office leasing market is primed for… Read more
2 World Trade Center Gets Go Ahead With Concessions
To make way for the construction of 2 World Trade Center in Manhattan, the Port Authority of New York and… Read more
CRE Icon Douglas Shorenstein Passes Away
Douglas Shorenstein, the leader of San Francisco-based Shorenstein Properties, has passed away at the age of 60. The real estate… Read moreAmazon.com Starts Sunday Delivery Service in I.E.
Amazon.com is expanding its Sunday deliveries to the Inland Empire. While the e-commerce giant has done major business in the… Read more
Top 10 Most Expensive Office Streets
In looking at the office market by location, industry, and competition, JLL has ranked the top 10 most expensive streets… Read more
Port Slowdown a Question Mark for Economy
For the first time in a decade, import traffic was reportedly down in September and October at the ports of… Read more