Commercial Real Estate & Business News 5-5-2025

CRE Investment Surges 17% in First Quarter Despite Fewer Transactions

Commercial real estate raked in $93.5 billion of investments during the first quarter across all major asset classes, a 17% increase from a year ago. However, that came on fewer transactions as asset trades were down 12% from last year, according to a Colliers market update penned by US capital markets research director Aaron Jodka. The report noted that recent…»

Sun Belt-focused office landlord sets post-pandemic leasing record

A barren construction pipeline and increasing clarity over future real estate needs has meant companies are setting aside any broader economic concerns in order to plant a stake in the premium office market. The owners behind properties at the highest end of the market are setting new post-pandemic leasing records, with Atlanta-based Cousins…»

BKM and Kanye to Spend $1.5B on Discounted Industrial Light Assets

Kayne Anderson’s real estate unit and BKM Capital Partners are partnering to spend $1.5 billion on industrial light-related acquisitions. Through a joint venture, they are targeting both mid and small bay multi-tenant properties, particularly on assets that can be acquired at a discount or replacement costs. This includes middle market opportunities…»

Fed Warns CRE Could See Further Price Drops

Commercial real estate prices in the United States may not be as stable as they appear, according to a recent report by the Federal Reserve. The central bank cautions that the recent flatness in transaction-based prices could mask deeper problems within the sector. The report states that “transaction-based prices may not fully reflect conditions…»

Scottsdale seeks legal counsel to challenge Axon headquarters bill

SCOTTSDALE, AZ — The city of Scottsdale is looking to hire outside legal counsel to oversee potential legal recourse nearly two weeks after Arizona Gov. Katie Hobbs signed the bill that paved the way for Axon Enterprise Inc. to build its proposed headquarters project. A proposed resolution on Scottsdale City Council’s May 6 agenda looks to hire outside counsel…»