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March 28, 2025
Wells Fargo to trade downtown Fort Worth tower for upscale retail hub
Banking giant Wells Fargo plans to vacate its office in downtown Fort Worth, Texas, once its new office space is completed at a mixed-use development five-and-a-half miles away.
March 28, 2025
Investor agrees to buy Houston’s Brookhollow Center office complex
Hertz Investment Group is nearing the sale its three-building Brookhollow Central office park in Houston.
March 28, 2025
Foot Locker cements Florida relocation decision with global headquarters lease
Foot Locker is lacing up its shoes and sprinting ahead with plans to relocate its global headquarters following a deal the athletic retailer signed to backfill one of St. Petersburg, Florida's largest vacancies.
March 28, 2025
Owner of distressed office complex seeks buyers in test for Baltimore-area investment sales market
A nearly 300,000-square-foot, three-building office portfolio outside Baltimore that is in receivership is expected to hit the market in a test for the struggling investment sales market.
March 28, 2025
National insurer to open Tampa office campus
Geico is expanding in Florida with plans to open a three-building office campus just outside of Tampa International Airport.
March 28, 2025
Transwestern event helps firm identify future brokers
Part of the next generation of real estate brokers had an early morning audition with Transwestern Real Estate Services at its annual internship gathering in Atlanta.
March 28, 2025
Philadelphia pulls ahead of nation’s office recovery in 2025
Philadelphia emerged as the most stable office market among the 15 largest U.S. office markets heading into the spring season. Following a year of occupancy gains, the Philadelphia region now boasts the lowest office availability rate at 14.1%, slightly ahead of Minneapolis at 14.2%.
March 28, 2025
San Francisco scores latest win with AI startup's full-building office lease
San Francisco's office market is rounding a corner, thanks to an incoming cohort of tenants that are filling some large blocks of available space left behind in a series of high-profile move-outs since the pandemic.
March 28, 2025
Phoenix captured No. 6 spot for population growth in 2024
Phoenix's population growth accelerated last year, according to recently released data from the U.S. Census Bureau.
March 28, 2025
Grand Rapids office building acquired by Illinois-based investment firm
Compliance Systems Inc. sold this 29,450-square-foot office building at 1575 Arboretum Drive in Grand Rapids, Michigan, to Pioneer Acquisitions, an Illinois real estate investment firm focused on cyclical opportunities, for $4.9 million, or $166 per square foot. Pioneer capitalizes on portfolios in multifamily, office and retail properties to create wealth for those who recognize the value of managed real estate investments. Pioneer's plan is to continue leasing operations at above-market rates as a value-add strategy.
March 27, 2025
Investor buys century-old office in San Francisco for second time
San Francisco investment and development firm Tidewater Capital has purchased a century-old office building in the city's Financial District for the second time — this time at a big discount.
March 27, 2025
BuzzFeed to cut New York headquarters space by about half
Money-losing digital media company BuzzFeed, after having announced big layoffs and a decision to shut its news division in recent years, looks to be downsizing again as it plans to relocate its New York headquarters to a new office space that CoStar data shows is about half of its current footprint.
March 27, 2025
Office expansion signals optimism in downtown Los Angeles
A rare office expansion in Downtown Los Angeles is the latest sign of positive news for one of the country's hardest hit office markets.
March 27, 2025
Berkshire Hathaway's Geico leases more Dallas-area office space
One of the largest auto insurers in the United States is expanding its Dallas-area operations with plans to occupy a second office building in a move expected to add more than 1,000 jobs to North Texas.
March 27, 2025
'Flight to quality' is dominating leasing in Nashville’s office market
Developers have been active in constructing high-quality office supply in the Nashville, Tennessee, metropolitan area in recent years. As corporate tenants continue calling employees back to the office full time, demand for newly built, premium office space has surged.
March 27, 2025
Unemployment rate rises in San Diego
San Diego’s unemployment rate ticked up to 4.5% in January, according to the latest jobs report released by the Bureau of Labor Statistics. That was 20 basis points above last year’s estimate and 100 basis points below California’s statewide rate. Data in the most recent jobs report differs from previous releases due to the Labor Department’s annual revision process.
March 27, 2025
This Hines-backed startup offers flexible space to more than office workers
More than two dozen people gathered at a loft-style space in Brooklyn last week with a desire to connect.
March 27, 2025
Downtown DC tower sells for well below what it traded for nearly 20 years ago
A 12-story office in downtown Washington, D.C., sold for slightly more than half of what it transacted for nearly 20 years ago while the market continues to confront high vacancy and availability rates.
March 27, 2025
Health department adds to federal job cuts; Petco plans store closings; Pending home sales rise
Health department adds to federal job cuts
March 27, 2025
Knight Law Group has renewed its lease in Los Angeles
The Knight Law Group has signed a five-year extension with building owner AP Properties Ltd. for its 30,247-square-foot offices at 10250 Constellation Blvd., Los Angeles. The firm occupies space on the 24th and 25th floors. The 35-story Constellation Place building totals 803,530 square feet.

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