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Commercial ObserverMay 5, 2026US
Industrious to Open 28K-SF Coworking Space at Global Holdings’ 875 Third Avenue

Eyal Ofer’s Global Holdings Management and coworking firm Industrious have forged a new partnership for a space at 875 Third Avenue in Midtown East, Commercial Observer has learned. The new flexible workspace will span 28,000 square feet on the sixth and seventh floors of the building as Industrious continues its rapid expansion across Manhattan. T

Commercial ObserverMay 5, 2026US
Hasbro Leases 31K Square Feet of Office Space at Hollywood Campus

Games and IP company Hasbro has signed a long-term lease at a historic entertainment production campus tied to some of the original leaders in the Hollywood film and television industry. The new tenant — which makes video games, toys and other licensed consumer products — will take 31,435 square feet at The Lot at Formosa […]

Commercial ObserverMay 5, 2026US
Fashion Brand Edikted to Open 13K-SF Store at Aurora Capital’s 597 Fifth Avenue

West Coast-based Gen-Z fashion brand Edikted has leased the landmarked Scribner Building’s 12,865-square-foot retail space at 597 Fifth Avenue, where it will open its second New York City store. The Scribner Building was purchased by Bobby Cayre’s Aurora Capital in March for $54 million through a foreclosure sale, as Commercial Observer previously

Commercial ObserverMay 5, 2026US
Prime Finance Refis Colorado Multifamily Property With $68M Loan

A joint venture between BMC Investments and Rockpoint has secured a $68.3 million loan to refinance a multifamily community in suburban Denver, Commercial Observer has learned. Prime Finance provided the three-year, floating-rate bridge loan for the sponsorship’s 330-unit Madison at Copperleaf property in Aurora, Colo., that debuted last year. The

Commercial ObserverMay 5, 2026US
Mormon Church Buys Another Boca Rental for $240M in Top South Florida Deal

Property Reserve — the real estate investment arm of the Church of Jesus Christ of Latter-day Saints — paid $240 million for a rental complex in Boca Raton in South Florida’s largest multifamily sale so far this year. Called Uptown Boca Villas, the property totals 456 apartments across five buildings at 20927 95th Avenue South, […]

Commercial ObserverMay 5, 2026US
KKR Reports Positive Earnings, $28B in New Fundraising in Q1 2026

Even amid constant market volatility, private equity giant KKR continues to raise boatloads of cash and deliver positive returns to its investors. KKR reported earnings after taxes and expenses of $1.3 billion, or $1.47 per share, in the first quarter of 2026, up 19 percent year-over-year and a slight increase from the $1.1 billion in […]