Commercial real estate news and analysis for the National market.
A historic Phi Kappa Pi building in Toronto has undergone a sophisticated adaptive reuse conversion, with its top floor reimagined as an upscale residential penthouse. The project highlights the growing premium on creative redevelopment plays in dense urban markets where heritage properties present both challenges and opportunities.
In a strategic leadership move, net lease REIT giant W. P. Carey has promoted Zachary Pasanen and Tyler Swann to co-heads of North American investments. The duo will spearhead the firm's acquisition efforts across the continent, focusing on sale-leaseback and build-to-suit transactions with creditworthy tenants.
Munich-based Manova Partners has offloaded the Nashville West Shopping Center, a substantial super-regional retail property spanning over 320,000 square feet near Vanderbilt University. The transaction marks a significant portfolio move for the European real estate firm within the Tennessee market.
The sale of a celebrity-owned penthouse in Los Angeles signals continued demand for ultra-luxury residential units, offering CRE professionals insight into the top-tier condo market's resilience despite broader economic uncertainty.
A premium penthouse in central London with connections to Rolling Stones frontman Mick Jagger has entered the market, highlighting how celebrity ownership history continues to drive interest in the capital's ultra-prime residential segment.
Marcus & Millichap has successfully brokered the sale of a transit-oriented apartment community in Attleboro, Massachusetts, highlighting continued investor interest in well-maintained assets along the MBTA commuter rail line.
Following a prolonged period of volatility, institutional investors are turning their attention back to the British retail sector. With pricing adjustments creating attractive entry points, the race to acquire prime assets is intensifying.
Bipartisan housing legislation backed by over 70 industry groups cleared the House with near-unanimous support, expanding CDBG and HOME program eligibility while pushing zoning modernization grants and manufactured housing reforms.
Creating a commercial real estate offering memorandum used to mean weeks of back-and-forth with designers. A new generation of purpose-built OM software is cutting that timeline to hours — and brokers say the results are better.
CBRE generated nearly $700 million in data center revenue in a single quarter as the asset class surpasses traditional office development for the first time, with McKinsey projecting $6.7 trillion in investment needed by 2030.
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.