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Betting big on retail in secondary markets, Continental Realty has acquired 14 shopping centers across the Southeast and the Midwest. Continental Realty’s acquisition from U.S. Properties Group spans seven states and encompasses more than 2 million square feet of retail. CBRE’s Chris Decouflé and Kevin Hurley represented U.S. Properties in the deal
Alchemy Properties, a New York City-based real estate development and investment firm, has acquired a vacant parking garage in Manhattan’s Tribeca neighborhood for $57 million. Alchemy bought the 8,850-square-foot site currently hosting the five-story parking garage at 60 North Moore Street from the Calicchio family, which has owned the property si
Ensemble Investments has secured $110 million to refinance Hotel NIA, a 250-key Marriott hotel in Menlo Park, Calif., Commercial Observer can first report. Madison Realty Capital worked with Newbond Holdings to provide the debt. David Sonnenblick of Sonnenblick-Eichner Company arranged the deal. Josh Zegen, co-founder and managing principal at Madi
AI’s power demands are reshaping data centers, but without robust optical connectivity, these mega facilities risk becoming isolated islands, writes Sterling Perrin.
Houston-based developer Satya broke ground Wednesday on the St. Regis Residences, Houston, which is already about half sold to wealthy buyers seeking a lock-and-leave lifestyle.
The list of major law firm relocations driving the D.C. office market continues to unfurl. White & Case signed a lease to occupy 196K SF across 12 floors at Grosvenor’s 1701 Pennsylvania Ave. NW, the owner announced Wednesday in a joint release...
The Texas-based solar distributor says the 76,000 square-foot Reno facility will serve DIY and B2B buyers from its distribution center and retail storefront, shortening shipping time and reducing freight costs for west coast customers.
Hotels have become a key ingredient to mixed-use projects in Austin as ATX tests its potential to be counted among the cities that never sleep.
The North American Electric Reliability Corporation issued a Level 3 Essential Action Alert on May 4, urging grid operators to address risks from large data center loads.
Elon Musk’s SpaceX is proposing to invest an initial $55B to build the first hub of its highly anticipated chipmaking project a little over an hour northwest of Houston.
Students at one of Market East’s main anchor institutions have come up with an ambitious vision for reviving the beleaguered corridor.
Renew Risk has launched a catastrophe modeling tool designed to help insurers and reinsurers price the financial risks of severe convective storms for utility-scale solar assets.
Bowery Properties has paid $65.5 million for a garden-style multifamily complex in the outskirts of Miami-Dade County in the latest rental asset to sell for little gain. Called Cascades at the Hammocks, the property houses 264 apartments at 10605 Hammocks Boulevard, south of the Killian Parkway, within the Hammocks, one of the largest homeowners as
Cleco, a Louisiana utility with 298,000 customers, will be acquired by Stonepeak and Bernhard Capital Partners, pending regulatory approvals.
Lender Premium Merchant Funding secured Lower Manhattan’s second-largest office lease in April, according to a CBRE office report released Wednesday. Premium Merchant Funding, a New York-based financial services company founded in 2014, has subleased 46,913 square feet at One New York Plaza, according to the report. The sublandlord is unknown. The
And "expresses interest" in multiple gigawatts of orbital AI compute capacity
Ford electric vehicle drivers get 15 hours per day of “free” home charging under a special retail plan in Texas. The automaker says it shifted 515 MWh of energy to off-peak periods in 2025.
Companies settle months-long disputes with new deal
Commercial property prices fell slightly in April, though the all-property index has increased by more than 3% over the last year.
Development in preliminary stages
Will support the deployment of AI infrastructure
Company buys second cryptomine
Growth at scale expands both operational and security risks
Will be based in data centers in Norway