After starting the 2025 season on a six-game losing streak, the Atlanta Braves have finally won something: a 763K SF office park down the street from Truist Park.
Walt Disney Co. will move out of the Fox Studio Lot, where it has been the primary occupant since 2019, the Los Angeles Times reported.
Disney bought most of 21st Century Fox’s entertainment assets in 2019 and moved into the lot, the LA Times reported. The transaction didn’t include studio real estate, which is still owned by Fox.
Disney’s lease at the property expires in March 2026, but anonymous sources told the LA Times that Disney will be gone by the end of this year.
The company has spent the last year moving into space in Burbank, where it has a considerable and longstanding footprint, the LA…
Two office properties in Denver’s River North Art District have run into financial trouble in quick succession. It is the latest sign that Denver’s once-buzzy creative corridor is facing mounting challenges in a shifting commercial real estate landscape.
Canadian investor Brookfield has laid out a proposal to extend and restructure a loan secured against one of the largest office towers in the City of London.
Brookfield is seeking to extend £460M of debt secured against the 704K SF Citypoint office building. That comes the same week the building’s second-largest tenant said it would leave in 2030.
Brookfield acquired Citypoint in 2016 for £607M by buying into its debt after it previously went into receivership.
New debt, a £368M senior loan that was securitised and a £92M mezzanine loan, was put in place in 2018. That senior loan was meant to mature in January 2022 but was…
California-based SmartStop Self Storage raised $810M through its initial public offering and began trading on the New York Stock Exchange on Wednesday.
Father-son duo Randall and Chad Miller face civil and criminal charges over an alleged $284M bond fraud scheme that led to the construction of a sprawling sports complex in Mesa, Arizona.
The Department of Justice and Securities and Exchange Commission filed separate cases Tuesday against the pair, alleging they used forged letters of intent and contracts with well-known pro sports teams, including soccer juggernaut Manchester United, to secure $284M in municipal bonds through the state of Arizona.
Manhattan’s office market’s hot streak has continued, with 12.2M SF of leases signed in the first quarter.
That’s the strongest period since the fourth quarter of 2019 — the last full quarter before the pandemic — according to a Savills report. Heightened leasing pushed office availability down to 17.7% from 20.1% a year ago.
PGIM Real Estate has raised $2B to build, fill and sell data centers.
Oceanwide Plaza, the billion-dollar, graffiti-covered, partially built condo project that looms over Downtown LA is still in search of a buyer, but once it sells, its creditors at least know who will be first in line for payment.
A lawsuit to determine lien priority on the maligned set of towers was resolved Feb. 25, with a judge ruling that the project’s lender, LA Downtown Investment, is first in line for payment rather than contractors that are owed millions.
Ronnie Miranda was in the final stages of helping the Occupational Safety and Health Administration plan its downsized lease renewal at a Webster office building when the Department of Government Efficiency included it in a list of leases to be terminated.