Chicago led the country in trailing-four-quarter completions of medical office buildings, with 912K SF delivered.
Data center sales have plunged in 2025 as investors favor new builds over existing assets, risking missed opportunities.
An office property at 1170-1190 Devon Park Drive in King of Prussia sold for $63.5M, up 7% from its sale price a decade ago.
Despite meeting or beating analyst forecasts, publicly traded brokerages opted to keep their financial guidance flat as they wait for clarity on trade policy.
Data center growth has slowed in the Pacific Northwest due to power constraints. Finding more power there may be harder than in other markets.
Persistent lab oversupply is pushing landlords to find new tenants and new uses for lab space.
Leasing activity picks back up over the summer, even as rent growth slows.
Manulife sold the tower for more than $133M to help pay down maturing loans.
The prices of older office buildings have fallen to a fraction of their prepandemic level, but the market's ability to rebound faces obstacles.
CRE was the latest industry to be swept up in broad fears about the impacts AI will have on the workforce and, therefore, the real estate landscape.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.