Office commercial real estate news and analysis.
386 Park Avenue South has secured three new tenants totaling over 65,600 square feet, with venture capital firm Primary Ventures and software company Sigma Computing each committing to approximately 26,250 square feet in the Manhattan property.
The commercial real estate brokerage surpassed Wall Street expectations with fourth-quarter earnings of 68 cents per share, demonstrating resilience despite recent volatility driven by broader concerns about artificial intelligence's impact on the industry.
Corey Horowitz brings decades of office leasing expertise to Colliers as the firm looks to expand its market share in the competitive tri-state region. The move signals Colliers' continued investment in top-tier talent amid a shifting office market landscape.
The employee-owned electrical contractor has secured over 300,000 square feet of warehouse and distribution space across multiple Virginia markets since late last year, signaling strong demand for industrial real estate in the Mid-Atlantic region.
The Balloon Museum has secured a full-building commitment at Seaport Entertainment Group's reimagined Tin Building, marking the immersive art venue's first permanent U.S. location in Lower Manhattan's historic waterfront district.
Hall Group is building a 677,000-square-foot office tower at its $7 billion Hall Park campus in Frisco, while Jackson-Shaw signed a 606,000-square-foot build-to-suit in Georgetown for a data center equipment manufacturer.
A 26-story, 458,047-square-foot Class A office tower at 3003 North Central Avenue sold for roughly $70 per square foot after $11 million in capital improvements, highlighting the discount still facing older high-rise office product.
A wave of major lease signings from JP Morgan Chase, Bloomberg, and Millennium Management signals renewed confidence in Manhattan's office market heading into 2026.
A comprehensive look at the national office market heading into 2026 — from tightening availability in gateway cities to the Fed's rate path and REIT performance.