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Kimco Wraps Up $2B Purchase of RPT Realty

This transaction adds more than 13 million square feet to the REIT’s portfolio.

Richard Barkham, Global Chief Economist & Head of Global and Americas Research, CBRE

What to Expect for CRE in 2024

In this tight lending environment, all-cash buyers will benefit from bargain pricing, the firm predicts.

Office Sector Faces Surging Loan Defaults Amid Market Challenges

Nearly $150 billion in these loans are due to mature this year alone, the latest CommercialEdge report shows.

Electric vehicle manufacturer Rivian has selected Clayco to construct its $5 billion plant on an 1,800-acre site in Stanton Springs, Ga.

Clayco to Build $5B EV Plant Near Atlanta

Construction of Rivian’s 16 million-square-foot campus is scheduled to begin next year.

1345 Avenue of the Americas is an approximately 2 million-square-foot office building in Manhattan.

Fisher Brothers JV Closes Largest Office Lease of 2023

A law firm committed to 765,000 square feet in Manhattan’s Plaza District.

The Cornerstone at 909 Fifth Ave. S.W. is the first office-to-residential conversion property to be completed in Calgary, Canada

How Incentives Boost Office Conversions

While the public sector works on eliminating hurdles, these projects are becoming increasingly diverse.

U.S. manufacturing job announcements by industry vertical

What’s Driving the Manufacturing Revival?

A handful of high-tech industries are behind the growth, particularly in the Midwest and Sun Belt, the latest Savills report finds.

Lennar’s Miami HQ Changes Hands

The building previously served as Burger King’s headquarters.

City National 2CAL is a 1.4 million-square-foot office building in downtown Los Angeles.

CIM Group Signs Downtown LA’s Largest Office Lease of 2023

A law firm will relocate its headquarters to this 1.4 million-square-foot property.

The Seagram Building came was originally completed in 1958 and underwent renovations in 2013. Image courtesy of CommercialEdge

RFR Lands $1.1B Refi for Manhattan Tower

Early this year, occupancy at the Seagram Building reached 95 percent.