Showing 24 items on page 23 of 54.
Hudson Pacific Properties is jettisoning a portion of its struggling Quixote production and soundstage business. HPP will shed leased soundstages and cease operations in the Atlanta area, the REIT announced Tuesday. The wind-down will translate...
A family-owned firm that moved to Dallas-Fort Worth five years ago bought an industrial site in Haltom City it plans to use as its headquarters.
AI is reshaping IT investments, and flexibility is key to balancing innovation with legacy systems, explains OSI Global’s David Colman.
Building out move-in-ready spec suites is gaining popularity, especially among new owners of office properties looking to boost occupancy. But those spec suites are almost never big enough to house a 20K SF tenant, and that’s where the problem comes...
Office-to-residential conversions have become a major trend in Center City, but those projects rarely make sense for developers in the bedroom communities surrounding Philadelphia.
The largest life sciences real estate investment trust (REIT) in the country continues to struggle with vacancies and poor balance sheet performance. Alexandria Real Estate Equities posted first-quarter earnings results on Tuesday showing just how saturated the market for lab space is, as funds from operations (FFO) and net losses snowballed into a
As AI workloads scale, power limitations are increasingly driven by infrastructure timelines and system complexity, rather than generation alone.
GPC Infrastructure CEO Jim Summers explains why hyperscalers have stopped waiting on the grid, and what it takes to deliver power for data centers at AI scale.
Citadel billionaire Ken Griffin is expanding the office footprint at his planned headquarters tower in Miami and is considering whether to take additional space for his companies following a public taunt from New York Mayor Zohran Mamdani, Commercial Observer has learned. The mogul is already scrapping the hotel component within the 54-story Miami
Tenant requirements for office skyrocketed in the first quarter, another sign the sector might be turning a corner. The amount of space tenants are seeking is at its highest level since the pandemic, according to VTS’ Office Demand Index released...
A joint venture between Dornin Investment Group (DIG) and Torchlight Investors has secured fresh capital for a nearly completed Brooklyn multifamily development four months after purchasing the property’s nonperforming note. Maxim Capital Group provided $53.2 million of senior participation financing for DIG and Torchlight’s purchase of the debt ti
MetLife and Beacon Capital Partners have closed the sale of 575 Fifth Ave., four years after first putting the property on the market.
OpenAI has reportedly missed its own targets for revenue and new users, sparking a sell-off in the data center-linked bond market.
Stop the presses! U.S. News & World Report is moving its offices to Midtown’s 31 Penn Plaza. The digital media company recently secured 10,236 square feet at Vanbarton Group’s office tower along West 31st Street, Commercial Observer has learned. U.S. News & World Report leaves behind its former offices just two blocks down Avenue of […
South Raleigh is where development activity is concentrating in the metro area, with big projects in the works.
Crawfish Creek would be one of the first grid-scale battery projects in TVA territory and a significant down payment toward its board-approved plan to deploy up to 1.5 GW of energy storage by 2029.
At least one analyst on Tuesday’s earnings call raised concerns about Consumers’ regulatory strategy after DTE Energy said it may pause future rate hike requests if its current request is approved.
Shares of Invesco’s stock were trading higher by over 3 percent at market open on Tuesday morning, despite a slight dip in the investment management firm’s 2026 first-quarter earnings results. Invesco reported $21.8 billion of net long-term inflows for the quarter, which was driven by the firm’s exchange-traded funds (ETF) and index business, as we
The District is waging a legal battle against one of the country’s largest multifamily landlords, alleging that it misled tenants about rental prices by charging illegal “junk fees” at its sole D.C. apartment building.
More than three years after Hyundai Motor Group paid nearly $300M in cash for a newly built Tribeca building it intended to turn into an office and showroom, it has decided it would rather lease it out to other companies.
A renowned Hollywood fashion designer is moving her workspace within Midtown South. Pamella Roland, known for designing evening gowns and cocktail dresses for A-list celebrities, has signed a five-year lease for 10,013 square feet at 462 Seventh Avenue, according to tenant broker Resolution Real Estate. Asking rent was $45 per square foot. Roland w
Sportfive, a marketing agency that focuses on creating campaigns for athletes and sports leagues, has signed a long-term lease for 18,038 square feet at RFR Holding’s 477 Madison Avenue, the landlord announced Monday. The firm, which is based in Hamburg, Germany, leased a prebuilt, full-floor suite at the office tower on the corner of East […
Contract has an estimated value of "hundreds of millions of dollars"
The carrier has plans to reach as many as 15 million premises with fiber by end of decade