JLL announced "plans to imminently" repurchase $200M in shares as part of its Accelerate 2030 strategy, which predicts strong growth for the global brokerage.
Harvey AI expanded by 93K SF at One Madison Ave. and Clay leased 163K SF at 11 Madison Ave. as artificial intelligence companies grow in New York City.
Artificial intelligence has come for CRE. Are brokers prepared for what comes next? Find out on this week's First Draft Live.
Some investors worry that the nonbank lenders that helped fuel AI's development are sitting on a mountain of bad debt, but it's not in their real estate.
A leaked meeting transcript shows the tech giant plans to push its average office vacancy from 31% down to 22.9%, cutting office space along the way.
Corning is winding down distribution activities at the site, offloading that task to a logistics company that will take up the space.
Blackstone plans to launch a publicly traded acquisition vehicle to snap up AI data centers.
Newmark addressed AI fears, embracing the technology and calling it "a gift".
Blue Owl reportedly unsuccessfully shopped debt for a 100-megawatt project in Pennsylvania, but the firm said the development is on track.
Christian Ulbrich said "there will always be a human" involved in everything brokerages do after JLL posted a 67% increase in fourth-quarter profits.
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