August 2026

Airport and Industrial Park Commission gains new appointee, two seats still open

Dov Hertz Offloads Major Staten Island Industrial Site for $167M

A 53-acre industrial outdoor storage (IOS) parcel on Staten Island just changed hands for $167 million. Real estate investment firm Jadian Capital acquired the property at 1900 and 1800 South Avenue , located on the i…

Pork Packer Opens $44M Distribution Center

Lincoln Property Partnership Acquires $450M Mixed-Use Tri-State Portfolio

Lincoln Property Company, Saber-Hightower and Waterfall Asset Management have acquired a $450-million Tri-State portfolio spanning four million square feet of existing properties and prime development sites across 300…

Beyond townhomes: tips from the experts on designing for density

Market-specific design, amenities and products can satisfy density requirements and make projects pencil while appealing to buyers

$130 million data center proposed for Clarendon County industrial park

Clarendon County details possible $130M data center as residents press for answers

Sandstone preserves history by remodeling high school into apartment complex

Jaime Lee Joins Kennedy Wilson After Two Decades at L.A. Powerhouse Jamison

After recently stepping down as the head of her family’s real estate firm — one of the most active developers in Los Angeles — Jaime Lee is taking a new role at Kennedy Wilson as senior managing director of capital ma…

Massachusetts AG Orders Post-Merger Sale of Two Boston Apartment Towers

Two Boston apartment towers in the portfolio of newly merged Vivmark Residential will be sold under an agreement between Massachusetts Attorney General Andrea Joy Campbell and the merger partners, Equity Residential a…

Modular Building Institute sues Oregon over modular wage rule

The case targets HB 2688 and a July 1, 2026 rule applying Oregon prevailing wages to out-of-state bespoke modules

LML Industrial Park Gets Prime/Focus Status Under Haryana MSME Policy

Goldie Initiative Draws Record Applicant Pool for 45 Scholar Spots

The Goldie B. Wolfe Miller Women Leaders in Real Estate Initiative (The Goldie Initiative) recently announced scholarship winners for the upcoming school year. Since 2007, The Goldie Initiative has created a professio…

Turner-Wohlsen JV wins $100M Pennsylvania museum expansion

The team will add a 40,000-square-foot building at the Brandywine Conservancy & Museum of Art in Chadds Ford, home to extensive holdings of the Wyeth family of artists.

Rexford to Sell $1.2B SoCal Portfolio to EQT

Rexford Industrial Realty is significantly slimming down its portfolio in Southern California. The Los Angeles-based industrial real estate investment trust (REIT) announced it has agreed to sell a portfolio of proper…

Entre Commercial Realty Negotiates Long-Term Lease at Truck Maintenance Facility

Entre Commercial Realty executed the lease of a 16,932-square-foot industrial building located at 675 Greenleaf Avenue in Elk Grove Village, Illinois. Entre represented Nearby Truck Repair LLC, a local diesel mechanic…

Net-Leased Dutch Bros Property in Indiana Changes Hands

Marcus & Millichap brokered the sale of a brand-new, net-leased Dutch Bros property in Valparaiso, Indiana. The property sold for $3.12 million. The 2,495-square-foot Dutch Bros property is located at 2510 Laporte Ave…

KB Home’s CEO says scale matters most at the local level

President and CEO Rob McGibney set a goal to be a top-3 builder in each market while keeping Built to Order central to operations

Extra Space Storage Inc. Announces 3rd Quarter 2025 Dividend

SALT LAKE CITY, Aug. 19, 2026 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a third quarter 2025 dividend of $1.62 per share on…

Woodmore Towne Centre in MD Signs Tenants to Long-Term Leases

Urban Edge Properties announced three new long-term leases at Woodmore Towne Centre, a 712,000 square foot grocery-anchored, regional power center in Glenarden, Maryland. MahoganyBooks will occupy 2,077 square feet, T…

Better places co-founder Nicholas Calamari on administrative leave

Calamari, a co-founder and long-tenured executive, has been with Better since 2014

Household Goods Seller Diamond Home Signs 7K-SF Lease at 20 West 36th Street

A household goods importer and distributor has signed a new office lease in Midtown South, Commercial Observer has learned. Diamond Home signed a 7,272-square-foot deal for the entire fifth floor of the Rosen family’s…

Saragon Launches to Serve Growing Demand for Colocation

Saragon, a new U.S. data center company aiming to serve the growing demand for colocation, high-density computing and AI inference infrastructure, has begun operations with 10 data centers. Backed by up to $1 billion…

McCarthy expands training initiatives with Arizona campus

The St. Louis-based contractor bought the former hotel and convention site in January. Soon, it will train both salaried and craft employees at the facility.

Seaport Office Tower Sells for $435 Million

Public park, housing and shops to replace aging Sandy Springs retail center

News | Medical office leasing slows despite strong job growth

Lincoln Property Company Names Tricia Moore as Executive Vice President, Asset Management

Lincoln Property Company announced that Tricia Moore has joined the company as executive vice president, asset management. Based in Washington, D.C., Moore will lead asset management for Lincoln’s Mid-Atlantic region,…

Potrero Hill Apartments Fetch One of San Francisco’s Highest Per-Unit Prices

Stockbridge Capital Group has acquired the 172-unit Alta Potrero apartments at 1301 16th St. in San Francisco’s popular Potrero Hill neighborhood for $132 million from developer Wood Partners, the San Francisco…

JPMorgan Chase Opens Magnificent Mile Branch

JPMorgan Chase recently celebrated the grand opening of its new two-story location on Chicago’s Magnificent Mile, combining a modern Chase branch and Chicago’s first co-located J.P. Morgan Financial Center in a single…

Potential North River Shopping Center overhaul includes a Sandy Springs park

News | Canadian investor buys Publix-anchored shopping center in west Georgia

Kidder Mathews Expanding into Dallas

Kidder Mathews is expanding into Dallas, Texas, with the addition of six brokers. Mart Martindale, Brandon Beeson, Wilson Stafford, John David Cobb, and Claire Schmeltekopf form an investment sales team, while Barrett…

Kirkland Guides Machine's $350M Distressed Real Estate Fund

Zar Properties Buys NoHo’s 31-35 Great Jones Street for $21M

Zar Properties has bought two NoHo mixed-use buildings at 31-35 Great Jones Street for $21 million, Commercial Observer has learned. The nearly identical adjacent buildings between Lafayette Street and the Bowery have…

2026 Commercial Real Estate & Construction

JLL Closes $62.7M Sale and $38.833M Financing for Fort Collins Apartment Complex

Sandy Springs approves deal for shopping center redevelopment

Leland Shopping Center Signs On 11 New Retailers, Restaurants

Rotterdam apartment complex sold for $8.9 million

Harlem shopping center that sparked neighborhood renaissance at risk of default

South Kitsap apartment project adding 145 units on Mile Hill Drive

MNRK Music Group Inks 8K SF at Rosen’s 443 Park Avenue South

Independent music company MNRK Music Group has leased 7,629 square feet at the Rosen family’s 443 Park Avenue South office building, Commercial Observer has learned. The seven-year, seven-month office lease occupies t…

Chinese insurer eyes $1.4B valuation for Sixth Ave office tower

ESRT’s 1359 Broadway Selling to Thor for $218M

Only a month after Commercial Observer learned it was going on the market , Empire State Realty Trust (ESRT) has found a buyer for 1359 Broadway in Thor Equities , which agreed to pay $218 million for the 22-story off…

Contractors’ appetite for construction robots grows

For years, small, adaptable machines that perform repetitive tasks have seen the most success. As technology advances, that calculus is beginning to change.

New construction robots gain traction on jobsites

For years, small, adaptable machines that perform repetitive jobsite tasks have seen the most success. As technology advances, that calculus is beginning to change.

Finmarc Buys NoVA Office Complex for $78M

Finmarc Management has acquired a pair of office towers in Tysons, Va., for $77.5 million as the company begins another wave of acquisitions while doubling down on office space in Northern Virginia. The Bethesda, Md.-…

L3 Capital Secures 24K SF for Bylt Basics, Zara Flagships in Williamsburg

L3 Capital ’s 108 North Sixth Street and 184-192 Bedford Avenue are welcoming two retail flagships to Williamsburg, Brooklyn. Men’s apparel brand Bylt Basics has selected 108 North Sixth Street, between Berry St…

New Meijer Grocery Store Opens in Livonia Today

New food-focused store brings value and a convenient shopping experience to customers in Livonia LIVONIA, Mich., Aug. 19, 2026 /PRNewswire/ -- Meijer opened a new 75,000-square-foot Meijer Grocery store in Livonia, Mi…