News/Events
KCI Technologies Moves Headquarters in Maryland With 54K SF Lease
KCI Technologies is relocating its corporate headquarters within Maryland, moving about 300 employees from Sparks to Hunt Valley. The engineering, consulting and construction firm signed a 53,344-square-foot lease at St. John Properties’ 23-acre North Park business complex, and will occupy two and a half floors at 6 North Park Drive. The firm will make the…
For U.S. Life Sciences Real Estate, 2026 Is a Tale of Stabilization
The U.S. life sciences real estate market remains oversupplied, but improving funding conditions and a sharply reduced construction pipeline are beginning to set the stage for a recovery, according to Cushman & Wakefield. Asking rents at U.S. life sciences facilities averaged $64.17 per square foot in the second quarter of 2026, down 5.3 percent compared…
'Liquidity Is Back': JLL Reports Increase In CRE Investor Competition Due To Strength Of Credit Markets
JLL reports surged investor demand in CRE due to strengthened credit markets.
$86M Sale Marks Phoenix's Largest Single-Building Office Deal Of 2026
An LLC connected to Transwestern and C-III Capital Partners sold the building for $26M more than it paid in 2019.
Meridian Group-Led Venture Pays $67M For 5 Virginia Office Buildings
A $67M acquisition of a Chantilly office portfolio marks a new defense-oriented focus for The Meridian Group.
One Of Singapore's Largest REITs Plans To Sell 40% Of Its U.S. Data Centers
Mapletree's 22-building portfolio is spread across 15 states, and most are fully leased.
HB Reavis Pivots To Beds In Massive Waterloo Retrofit Plans
Transforming Elizabeth House at Waterloo, focusing on sustainable mixed-use development.
AI Startup Thinking Machines Lab Takes 22K SF at 79 Fifth Avenue for First NYC Office
Artificial intelligence research startup Thinking Machines Lab is coming to New York. Just a year and a half after launching in San Francisco, the company has inked a 21,500-square-foot lease at Kalimian Properties’ 79 Fifth Avenue just one block west of Union Square, Commercial Observer has learned. The terms of the deal were not disclosed,…
Pizza Napoli to Open in 3K SF at 383 Fifth Avenue
As one pizzeria shuts down, another is growing in its place, Commercial Observer has learned. Pizza Napoli has signed a 2,500-square-foot lease at Jonathan and Jan Soleimani’s 383 Fifth Avenue just off East 36th Street in Midtown, where asking rent started at $25,000 per month, according to landlord broker Meridian Capital Group. The tenant signed…
