Browsing: Commercial

JetZero, a California-based aerospace startup, has announced plans to invest $4.7 billion in constructing its first manufacturing facility near Piedmont Triad International Airport (PTI) in Greensboro, North Carolina. This significant investment is projected to create more than 14,500 jobs over the next decade, marking the largest job commitment in North Carolina’s history . The new...

True North Commercial Real Estate Investment Trust (TSX: TNT.UN) announced on June 13, 2025, its monthly cash distribution for June 2025. Unitholders of record as of June 30, 2025, will receive a distribution of $0.0575 per trust unit, payable on July 15, 2025. This marks the third consecutive monthly payout since the REIT reinstated its...

Lake County, Michigan, is gearing up for a vibrant summer with a series of community events set for June 12, 2025. From family-friendly movie nights to bustling farmers markets, the region is brimming with opportunities for residents and visitors to engage with local culture, support small businesses, and enjoy the beautiful Michigan outdoors. One of...

For the first time in a quarter-century, the United States is witnessing more office space being removed from the market through demolition or conversion than is being newly built. As of June 11, 2025, industry analysts and real estate experts are calling this a pivotal moment in the commercial real estate sector, one that underscores...

The commercial real estate market in the United States is experiencing steady growth as businesses continue to recover and expand following the COVID-19 pandemic. According to reports released on June 10, 2025, leasing activity for office spaces and retail properties has significantly increased, particularly in suburban areas. This resurgence in demand reflects broader trends in...

On June 9, 2025, Warner Bros. Discovery made a major announcement that it would split into two distinct entities. One company will concentrate on the booming streaming and entertainment studio sectors, while the other will focus on its established global networks such as CNN and TNT Sports. The move is being seen as a response...

As of June 2025, the U.S. commercial real estate sector is undergoing significant transformations, adapting to the evolving work patterns that have emerged in the wake of the COVID-19 pandemic. The shift towards hybrid work models has prompted businesses to reevaluate their office space needs, leading to a “flight to quality” in the market. According...

As of June 6, 2025, the U.S. commercial real estate market is experiencing a notable transformation driven by the continued rise of hybrid and remote work models. In response to shifting workplace dynamics, businesses are reevaluating their office space needs, with many opting for more flexible, hybrid-friendly environments rather than committing to traditional, large office...

In a significant transformation of the U.S. commercial real estate landscape, 2025 marks the first time in over 25 years that more office space is being removed through demolitions and conversions than is being added via new construction. According to a report by CBRE, by the end of this year, approximately 23.3 million square feet...

The U.S. commercial real estate (CRE) sector is experiencing stagnation, as highlighted in the Federal Reserve’s latest Beige Book released on June 4, 2025. The report, which compiles anecdotal information from business contacts across the 12 Federal Reserve Districts, indicates that nine districts reported either stagnant or contracting economic activity in May. The CRE sector,...