
TPG-Led Investor Group Acquires ECHO Realty for $2 Billion
A TPG Real Estate-led investor group including PSP Investments and Norges Bank has acquired Pittsburgh-based ECHO Realty and its ~230 grocery-anchored centers for $2 billion.
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A TPG Real Estate-led investor group including PSP Investments and Norges Bank has acquired Pittsburgh-based ECHO Realty and its ~230 grocery-anchored centers for $2 billion.

Top-performing retail centers are aligning architecture, tenant mix, and operations to consumer lifestyle habits, reshaping how landlords compete for creditworthy tenants.

A joint venture between Anchor Line Partners and Alloy Properties has refinanced The Core at Crosby, a 615,305 SF office and life sciences campus in Bedford, MA.

Jack Resnick & Sons secured 117,000 SF of office and retail leases at 250 Hudson Street, bringing the Hudson Square tower to 99% occupancy.

Property Reserve Inc. acquired the 450,330 SF Eastpoint at Exit 8A industrial facility in Monroe Township, NJ from Morgan Stanley. CBRE brokered the fully leased deal.

Baker Katz and Fox & Graham plan to develop Tomball Mercantile, a 15,225-square-foot retail center near Houston, with construction expected summer 2026.

SoJo Spa Club owner Eun Rae Jo and partner Hyun Jun An acquired 893 Broadway in Manhattan's Flatiron District for $31 million from RCLCO Fund Advisors and L3 Capital.

Executives at the 2026 Brooklyn Forum at 25 Kent warned that soaring costs and regulatory hurdles are stalling new development despite strong tenant demand.

Manhattan office leasing hit 4.24M SF in May 2026, a 17.3% monthly jump that exceeded the 10-year average of 2.79M SF by more than 50%, per Colliers data.

Simpson Thacher & Bartlett signed a 916,000 SF lease at Extell Development's 570 Fifth Avenue, the largest Manhattan office deal recorded in May 2026.

I Squared Capital is acquiring 10 Cogen Fiber data centers for $225M, with up to $1B committed to building an AI-ready, inference-focused U.S. data center portfolio.
CenterSquare Investment Management acquires four retail centers totaling 162,612 sq ft across NC, AZ, NV, and CO at 93% occupancy.