32 stories on office market in commercial real estate.
Colliers brokered the sale of a 321,000-sq-ft office building at 2323 Grand Blvd in Kansas City's Crown Center to Wichita-based Crain Company from Stanton Road Capital.
Cushman & Wakefield has rehired veteran Tom Maloney as Chair of Occupier Advisory Services, bringing him back from JLL to lead corporate tenant representation.
Newmark posted 27% Q1 revenue growth to $846.5M, driven by record office leasing fees and a 45.5% capital markets surge, signaling a broader CRE recovery.
Jack Victor expanded its footprint at 8 West 40th Street by 4,321 sq ft, bringing its total to 11,000 sq ft across the 17th and 18th floors.
Cipher Digital signed a 26,400 SF lease at 101 Park Avenue, relocating from One Vanderbilt in one of three deals totaling 77,400 SF at the Kalikow-owned Midtown tower.
NRG Energy's 479K SF departure pushed Houston's CBD into negative absorption in Q1 despite a 10% surge in citywide leasing activity.
AI tenants like Anthropic and OpenAI are concentrating demand in premier office towers, widening the gap between top-tier assets and struggling legacy buildings nationwide.
UBS Realty Investors has relisted its 347,000-SF, 23-story tower at 455 Market Street in San Francisco's Financial District at roughly $400 per square foot.
Penn Station captured 23.7% of Manhattan office relocations from 2023–2025, totaling 3.5M sq ft, as tenants prioritize transit access over traditional Midtown corridors.
Corporate headquarters migration from coastal gateways to Sun Belt metros is reshaping U.S. office demand, creating winners in Texas and Florida and headwinds for legacy markets.
Convene Hospitality Group secured $230M in expansion financing backed by TPG and Ares Management to grow its Etc.venues and NeueHouse brands in the U.S. and U.K.
Philadelphia leads all major U.S. metros in CMBS office distress, with Market West corridor towers 1700 and 1818 Market St. both in special servicing since 2023.