The Wall Street Journal: Commercial Real Estate News
New Jersey Office Market Slump Worsens
New Jersey office leasing for the first quarter hit a multiyear low, as tenants avoid dated corporate campuses and demand proximity to transit and urban amenities.
Israel's Gazit-Globe Sets Sights on New York
Global retail landlord Gazit-Globe is planning to open a private U.S. subsidiary to invest in real estate in New York and other major metropolitan areas, the company said.
Office Market Swings in Tenants' Favor
The seven-year expansion in the U.S. office market slowed in many big cities in the first quarter.
Malls Deploy Technology to Lure---and Keep---Shoppers
Mall landlords faced with declining sales and disappearing stores are deploying smartphones, social media and other technology to lure customers—and then keep them spending.
New Shopping Centers, More Than the Web, Kill Old Malls
Internet retailing is eating into mall revenue, but competition from newer shopping centers was the most common cause of death for malls over the past decade, according to a recent study.
Nashville Mall Turns to Madame Tussauds to Draw Crowds
Simon Property Group is hosting the nation’s first Madame Tussauds in a shopping mall, part of the retail landlord’s push to offer customers new experiences that go well beyond shopping.
The New Manhattan Office Trend: Penthouses
The addition of glass-walled office spaces atop older buildings is an investment a number of owners are making in hopes of boosting income and competing with newer office buildings in Manhattan.
One Kings Lane to Open Physical Store in Southampton
Online home décor and furniture retailer One Kings Lane will open its first brick-and-mortar store in Southampton this Memorial Day weekend, as the company repositions itself from a flash-sale e-commerce site to a home furnishings brand.
Two More Retail Tenants Sign Onto Fort Lee's Hudson Lights Complex
Developers of a mixed-use project at the base of the George Washington Bridge in New Jersey have added two retailers to the roster of tenants, filling more than 80% of its shopping complex
Value of Trump's Golf Clubs Lags Behind Investment Surge
President Donald Trump’s golf courses are in the spotlight, but the value of the properties hasn’t kept pace with the amount of money he has invested to make upgrades.
Common Office Spaces Are Also Alluring to Clients
Companies engineering their offices as comfortable environments for employees to work and collaborate are discovering that common spaces have become popular hangouts for a different crowd: their clients.
Bottle Maker Quadruples Manhattan Office Space
S’well Bottle, a maker of reusable beverage bottles, has quadrupled its office space, landing a two-year sublet in the Flatiron District of Manhattan, the company announced.
Short Sellers Target Mall REITs
Bearish bets on retail-focused real estate investment trusts have risen, reflecting short sellers’ belief that mall landlords will struggle.
Coming Soon to Your Local Mall: Celery and Dog Food
Mall landlords are now eagerly courting a type of retailer they once ignored: grocery stores, such as 365 by Whole Foods Market, Wegmans and Kroger.
New Jersey Complex Finds New Life as a Home for Several Firms
A 110-acre research complex in Bridgewater, N.J., seemed poised a few years ago to join the growing ranks of suburban office campuses left for dead, but a joint venture of investors is breathing life into the property.