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CoStar is a global leader in commercial real estate information, analytics, and data-driven news, providing real-time insights on property values and market trends to decision-makers, lenders, brokers, investors and appraisers. CoStar is a global leader in commercial real estate information, analytics and data-driven news, trusted by decision-makers, lenders, brokers, investors and appraisers.

As leasing picked up at office buildings rated three and four stars in the third quarter, some developers are rethinking...
12/11/2025

As leasing picked up at office buildings rated three and four stars in the third quarter, some developers are rethinking whether to pursue plans to convert offices.

Remaking obsolete offices took center stage in the wake of the health crisis

The effort is gaining attention not only as an example of how entertainment companies could seek to engage with viewers ...
12/11/2025

The effort is gaining attention not only as an example of how entertainment companies could seek to engage with viewers in coming years but because it comes as Netflix is in the running to buy the production studio and streaming assets of Warner Bros.

Space at regional mall opens on home turf of Dave & Buster’s, Chuck E. Cheese

The Federal Reserve of the United States reduced its benchmark interest rate by a quarter-percentage point on Wednesday.
12/11/2025

The Federal Reserve of the United States reduced its benchmark interest rate by a quarter-percentage point on Wednesday.

The Federal Reserve delivers its third quarter-point trim this year

Miami has elected its first female mayor in a runoff election this week, a former county official who is a longtime affo...
12/11/2025

Miami has elected its first female mayor in a runoff election this week, a former county official who is a longtime affordable housing advocate with support from the real estate industry.

Eileen Higgins, longtime affordable housing advocate, elected Miami's 44th mayor

A joint venture of Blackstone Real Estate, MW Group and DivcoWest plans to take Hawaii landlord giant Alexander & Baldwi...
12/10/2025

A joint venture of Blackstone Real Estate, MW Group and DivcoWest plans to take Hawaii landlord giant Alexander & Baldwin private.

Purchase includes state's largest grocery-anchored retail portfolio

Nvidia is moving forward with plans to expand its spaceship-like Silicon Valley headquarters with a third building, the ...
12/10/2025

Nvidia is moving forward with plans to expand its spaceship-like Silicon Valley headquarters with a third building, the latest real estate expansion the chipmaking giant has made.

Chipmaking giant aims to add new building in Silicon Valley

The Minneapolis-based retailer, attempting a turnaround, has transformed its 27,600-square-foot store at 600 Broadway in...
12/10/2025

The Minneapolis-based retailer, attempting a turnaround, has transformed its 27,600-square-foot store at 600 Broadway into what it described on Tuesday as "a one-of-a-kind concept store where everyday shopping meets play, discovery and style."

Discounter remodels New York store to spotlight fashion

Streaming giant Netflix has closed on a site at a former U.S. Army base in New Jersey where it plans to build a roughly ...
12/09/2025

Streaming giant Netflix has closed on a site at a former U.S. Army base in New Jersey where it plans to build a roughly $1 billion studio complex, paying $55 million for the land.

Streaming service’s $1 billion Fort Monmouth project to move forward

Stay up-to-date on the latest hirings and promotions in the commercial real estate industry.▪️ CBRE promoted John Parret...
12/09/2025

Stay up-to-date on the latest hirings and promotions in the commercial real estate industry.

▪️ CBRE promoted John Parrett to vice chair, the highest rank for producers at the world's largest commercial real estate service firm.

▪️ Newmark announced the hiring of Peter Trollope as its global head of occupier solutions.

▪️ Seaport Entertainment Group, an owner and operator of entertainment, retail, restaurant and hospitality properties, appointed Lenah Elaiwat as executive vice president, chief financial officer and treasurer.

https://bit.ly/4aL4plg

New hires, promotions and other personnel changes

A 43-story office tower in Chicago’s Loop business district has been granted preliminary landmark status, an important s...
12/09/2025

A 43-story office tower in Chicago’s Loop business district has been granted preliminary landmark status, an important step toward funding a conversion of much of the property into 349 apartments.

Tower set for redevelopment replaced Louis Sullivan-designed building

The first major overhaul of the Rent Stabilization Ordinance in more than 40 years takes effect Feb. 1, trimming the ann...
12/09/2025

The first major overhaul of the Rent Stabilization Ordinance in more than 40 years takes effect Feb. 1, trimming the annual cap on the size of rent increases on renewals in regulated units.

Learn more: https://bit.ly/4oU8rvq

The first major overhaul of the Rent Stabilization Ordinance in more than 40 years takes effect Feb. 1, trimming the ann...
12/09/2025

The first major overhaul of the Rent Stabilization Ordinance in more than 40 years takes effect Feb. 1, trimming the annual cap on the size of rent increases on renewals in regulated units.

New law to affect 650,000 units in the city, CoStar research shows

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