Commercial Sale
Area News
This bid for one of Boston’s largest office towers shows how the value hits keep coming
The One Lincoln St. office tower in Boston was sold for $400 million at a foreclosure auction, a sharp decline from its $1 billion valuation …
Legislators look to fine-tune Florida’s affordable housing law
Florida lawmakers are updating the state’s affordable housing law, the Live Local Act, to address challenges developers face and streamline housing construction. The law, introduced …
Blackstone real estate debt fund closes with $8 billion in commitments
Blackstone has closed its latest real estate debt fund, Blackstone Real Estate Debt Strategies V, with $8 billion in total capital commitments, making it one …
US has now canceled about one in 10 active federal commercial real estate leases
The Trump administration has significantly accelerated its pace of terminating commercial real estate leases for federal agencies, with over 500 new lease cancellations since Friday, …
Million-Dollar Homes Skyrocket in Miami, as Starter Properties Go Extinct
In Miami, the luxury housing market has surged as wealthy buyers push home prices to unprecedented levels, making entry-level homes increasingly scarce. Between 2019 and …
Small Warehouses Are Getting Harder to Find
Half Price Books has been struggling to find a replacement for its 6,000-square-foot warehouse in the Minneapolis-St. Paul area for over a year due to …
Florida’s Condo Crisis Sparks Warning
Florida’s new condo safety law, SB 4D, enacted after the 2021 Surfside collapse, mandates inspections and full funding for repairs in aging condos. However, Republican …
Large deals push US commercial property prices higher
In the fourth quarter, U.S. commercial real estate prices improved for large-dollar deals in major markets, while smaller transactions in secondary markets either stabilized or …
AT&T’s $850 million sale-leaseback deal serves as model for future transactions
AT&T has sold over 13 million square feet of underutilized real estate to Reign Capital for more than $850 million in a sale-leaseback deal. The …
Advance Auto Parts puts more than 200 stores on the market
Advance Auto Parts has engaged Hilco Real Estate to sell over 200 of its stores and leases across 46 states, as part of a strategy …