Commercial Observer BNP Paribas has reduced its footprint at 787 Seventh Ave. in Manhattan, to 280,000 square feet. The French bank had been leasing 469,200 sf at the 1.7 million-sf office building for more than 20 years. A venture of ...
Commercial Observer American International Group has signed a lease for 220,000 square feet at 28 Liberty St., a 2.2 million-sf office building in Manhattan. JLL represented the finance and insurance company in the lease. The asking rent was about $75/sf. ...
The Real Deal Delshah Capital has filed a lawsuit against Free People, alleging that the retailer has failed to make rent payments for the 6,800 sf it leases at 58-60 Ninth Ave. in Manhattan. The New York company terminated Free ...
Austin Business Journal Amazon.com Inc. has signed a lease for 307,840 square feet of industrial space that's being built in the Austin, Texas, suburb of Kyle, Texas. The online retail giant is taking its space at the Kyle Crossing Business ...
The coronavirus pandemic has had a profound impact on the seniors-housing sector, with occupancy dropping by 2.8 percentage points during the second quarter to 84.9 percent. That's the largest quarterly decline in occupancy in 14 years, according to the National ...
Preferred Apartment Communities Inc. saw a marked decline in rent collections at its 52 retail properties last month, to 82 percent from 87 percent in May. That's a sharp contrast to the collections rate at the Atlanta REIT's apartment, student-housing ...
Dallas Morning News Amazon.com Inc. is going to occupy a warehouse building with more than 1 million square feet that's being planned for a Dallas business park. The online retail giant is taking its space at the Southlink Logistics Center, ...
Dallas CityBizList Communication Test Design Inc. has signed a lease for 185,344 square feet of industrial space at the Lakeside Ranch Business Park in the Dallas suburb of Flower Mound, Texas. The telecommunication company is leasing its space at the ...
New York Post Macklowe Properties has stopped paying rent at the GM Building in Manhattan. The New York real estate investor leases 28,000 square feet at the 2 million-sf office property. Its monthly bill is for about $233,000. A venture ...
Occupancy at United States hotels ticked down heading into the Fourth of July weekend, ending an 11-week run of increases, according to STR. It declined by 0.6 percentage points during the week through July 4, to 45.6 percent. The dip ...
Commercial Observer The Times Square Edition hotel in Manhattan, which had been slated to close on Aug. 13, instead will re-open to the public this fall. The move comes after Maefield Development reached a debt restructuring agreement with Natixis and other ...
The Real Deal Organon & Co. has agreed to sublease 110,000 square feet at 30 Hudson St., a 1.4 million-sf office building in Jersey City, N.J. The company, a planned spinoff of pharmaceutical firm Merck & Co., is subleasing the ...
Houston Business Journal The buzz is that JPMorgan Chase has signed a lease for 250,000 square feet of office space at 600 Travis St., a 75-story office building in Houston. The financial services company declined to comment. A venture of ...
Washington Business Journal Churchill Living has signed a lease for 104 of the 500 residential units planned for the NoMa CNTR mixed-use project in Washington, D.C. The corporate housing provider is leasing the units for 10 years. A venture led ...
Dallas Morning News Tricon Precast, which provides concrete for walls and bridges, has leased 98,259 square feet of industrial space at 5200 East Grand Ave. in Dallas. The 1.3 million-sf property sits on 50.9 acres and was built in 1926. ...
Commercial Real Estate Direct Staff Report Apple Inc. has signed a lease to fully occupy the 196,734-square-foot Summit Rancho Bernardo office building in San Diego. The technology company is moving into the building next month. The lease was highlighted this ...
The need for industrial space nationwide has been on the rise despite national lockdowns in place to stem the spread of coronavirus.
Commercial Real Estate Direct Staff Report The $272 million of CMBS debt against the ground beneath Manhattan's Lipstick Building has transferred to special servicer Aegon USA Realty. The move comes as a venture of Inversiones y Representaciones Sociedad Anoima and ...
The apartment market seems to have weathered the storm caused by the coronavirus pandemic.
A total of 3.8 million square feet of office leases were signed in Manhattan during the second quarter, a 66.4 percent decline from the 11.2 million sf of deals inked at the same time last year, according to CBRE. Restrictions ...
Houston Chronicle Floor & Décor has signed a lease for 91,100 square feet of retail space at the Clear Lake Center in Webster, Texas. The specialty retailer of hardwood flooring is taking the space previously occupied by Burlington, which vacated ...
Bisnow WinnCompanies has extended its moratorium on evictions for nonpayment of rent at its Massachusetts apartment properties through the end of the year. The company noted that residents are required to demonstrate financial hardship before getting their rent payments deferred. ...
Commercial Real Estate Staff Report Sears is shuttering its store at the 949,844-square-foot Square One Mall in suburban Boston. Meanwhile, the retail property's $86.7 million of securitized debt became 30-days delinquent as of last month, according to servicer notes compiled ...
Dallas Morning News Union Supply Group has agreed to lease more than 380,000 square feet of industrial space near the Dallas-Fort Worth International Airport. The Rancho Dominquez, Calif., company, which provides supplies to correctional facilities, is taking its space at ...
Austin Business Journal GoDaddy Inc. is offering for sublease its 114,500-square-foot office building at 2010 East Sixth St. in Austin, Texas. Aquila Commercial has the listing for the space. Furniture is part of the offering. GoDaddy moved into its space ...
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© 2023 Commercial Real Estate Direct All rights reserved.