Commercial

San Francisco reaches new post-COVID high point for larger office leases, thanks to AI

Big-office tenants return to San Francisco market

AI firms lead push for 50K-plus sf leases, now at highest point since the pandemic

Virginia REIT AvalonBay Acquires 126-home Austin Community for $49M

Buying low? Virginia REIT pays $49M for rental townhomes

Multifamily rents are dropping amid a glut of deliveries, but AvalonBay thinks it has the timing just right with its Texas acquisitions and development

Macerich Set to Sell The Oaks for $157M, in Talks on Santa Monica Place

Macerich turnaround features sale of The Oaks mall for $157M

REIT’s SoCal divestment list also includes Santa Monica Place and Lakewood Center