News
News | US companies drive surge in London law firm office lettings
2+ hour, 11+ min ago (96+ words) News | US companies drive surge in London law firm office lettings'CoStar US companies drive surge in London law firm office lettings - Single sale pushed Vancouver's total property sales over the top in 2025 --------------------------------------------------------------- - Federated Hermes launches "120 million-plus sale of Birmingham office…...
News | RXR joins wave of office-to-residential conversions in Lower Manhattan
4+ day, 13+ hour ago (125+ words) News | RXR joins wave of office-to-residential conversions in Lower Manhattan'CoStar RXR joins wave of office-to-residential conversions in Lower Manhattan - Target shells out $110 million to cut ties with these downtown Minneapolis offices --------------------------------------------------------------- - Regional Group leans into office recovery with Ottawa tower…...
News | Scotiabank lists one of New York’s largest blocks of connected offices
4+ day, 19+ hour ago (14+ words) News | Scotiabank lists one of New York's largest blocks of connected offices'CoStar...
News | American Express deal unlocks final stage of New York’s World Trade Center redevelopment
6+ day, 14+ hour ago (640+ words) Global financial services giant American Express plans to relocate its global headquarters to 2 World Trade Center in Lower Manhattan, becoming the key that enables completion of the final office tower at the 16-acre World Trade Center complex. American Express said…...
News | After trending lower in recent years, office demolitions spiked across Philadelphia in 2025
1+ week, 15+ hour ago (132+ words) News | After trending lower in recent years, office demolitions spiked across Philadelphia in 2025CoStar After trending lower in recent years, office demolitions spiked across Philadelphia in 2025 - New multifamily forecasts show slower rent growth, higher vacancy for the Puget Sound area --------------------------------------------------------------- - Phoenix…...
News | Veris’ pivot from high-profile offices to apartments capped by this go-private deal
1+ week, 1+ day ago (16+ words) News | Veris" pivot from high-profile offices to apartments capped by this go-private deal'CoStar...
News | Lenders seek foreclosure of Worldwide Plaza, a fixture of New York’s skyline
1+ week, 1+ day ago (341+ words) A group of lenders has filed a foreclosure lawsuit targeting Worldwide Plaza, a high-profile mixed-use office property in New York, after the owners defaulted on a $940 million loan following the departure of a major tenant. The $940 million commercial mortgage-backed securities…...
News | Offices in Downtown West Toronto shift to capture tech‑finance demand
1+ week, 1+ day ago (118+ words) News | Offices in Downtown West Toronto shift to capture tech'finance demand'CoStar Offices in Downtown West Toronto shift to capture tech'finance demand - Productivity gains could curb future office demand --------------------------------------------------------------- - Nashville's retail market carries strong momentum into 2026 --------------------------------------------------------------- - Hotel regions to watch in…...
News | Klosed Properties, Namdar buy Manhattan retail property
2+ week, 19+ hour ago (68+ words) A joint venture between Klosed Properties and Namdar Realty Group purchased a three-story retail building in Manhattan's Meatpacking District for $23.5 million, or about $1,055 per square foot. Watch the video to learn how you can access industry leading CRE news and…...
News | Lower Manhattan's office leasing volume more than doubles as relocations pick up
2+ week, 4+ day ago (346+ words) Lower Manhattan may have lagged midtown in its recovery from the pandemic, but New York's downtown office market is showing clear signs of a rebound. Office leasing has "roared back from a dismal 2024," helping push more office space out of…...