The latest commercial real estate news and developments.
Wellpointe Inc. acquired a 4.71-acre site at 6400 Canoga Avenue in Woodland Hills for a planned 100% affordable housing development in Warner Center.
Bushburg Properties secured a $78M loan from Oak Funding and OakNorth Bank to convert 100 William Street in Manhattan's FiDi into 400+ apartments.
Balfour Pacific sold the 458,047-SF Thirty 03 tower at 3003 N. Central Ave. in Phoenix for $32.25M, with Newmark brokering the Canada-to-Canada deal.
Waterton acquired the 212-unit Misora apartment community at Santana Row from Federal Realty Investment Trust for $148.5 million, or about $701,000 per unit.
Spira Equity Partners and Foundation for Affordable Housing paid $50.5M for The Falls of Bonaventure, a 300-unit complex in Weston, FL.
Major tenants including JP Morgan, Bloomberg, and Millennium Management have committed to large Manhattan office leases, signaling renewed confidence heading into 2026.
South Florida multifamily activity has surged with a wave of financing and acquisitions across Miami-Dade, Broward, and Palm Beach counties heading into 2026.
Prologis leased more industrial space than ever in 2025, and Chicago's warehouse market remains a top destination for logistics operators and e-commerce fulfillment.
Los Angeles developers are converting underperforming retail into mixed-use communities, from Westminster Mall's 83-acre Bolsa Pacific to Warner Center affordable housing.
