Commercial

  • July 09, 2026

    Workers Drop WARN Act Suit To Join Related Colo. Case

    Two former employees dropped a proposed class action accusing a recently shuttered commercial facility services company of failing to warn workers before mass layoffs and facility closures, with the case expected to be consolidated with a related Colorado federal suit.

  • July 09, 2026

    Prologis Pushes Segro For Talks On £12.6B Takeover Bid

    Real estate investment trust Prologis Inc. has ramped up pressure on the board of Segro PLC to engage in talks for a £12.6 billion ($16.9 billion) takeover, telling shareholders in the British company that the deal would give them access to a superior data center platform.

  • July 08, 2026

    These Firms Guided First Half's Top Hospitality M&A Deals

    Weil, Mayer Brown and Paul Weiss are among the law firms that landed work on the largest hospitality mergers and acquisitions of the year's first half, a period that saw seven transactions north of $1 billion. 

  • July 08, 2026

    Calif. Ex-Social Worker Helps 2 Sides Of NYC Real Estate Deal

    A $31 million Manhattan commercial property transaction is nothing out of the ordinary. A handful of such deals — give or take $10 million — typically hit public records each week. But in the case of 38 W. 21st St., a trade in the Flatiron District that became public last week, there are seemingly more questions than answers.

  • July 08, 2026

    What To Know About The Opportunity Zones 2.0 Rollout

    The second phase of the federal opportunity zones program, often referred to as OZ 2.0, will differ from the program's initial iteration in key ways that present unique legal considerations for developers of projects in held-over zones, according to attorneys.

  • July 08, 2026

    Minn. Tax Court Weighs Tower Sale Prices In Value Dispute

    The Minnesota Tax Court will consider recent purchase prices for the Wells Fargo Center in Minneapolis, along with a discounted cash flow analysis, in a hundred-million-dollar tax valuation dispute over the office tower.

  • July 08, 2026

    3 Firms Guide MasTec's $1.7B Acquisition Of Superior Group

    MasTec, a Coral Gables, Florida-based engineering and construction company, said it has reached a deal to buy The Superior Group, an Ohio-based, data center infrastructure-focused electrical contractor, for $1.7 billion.

  • July 08, 2026

    NJ Office Buildings Finding Second Life As Housing, JLL Says

    More and more "outdated" and "underutilized" New Jersey office properties are being converted into affordable housing and other developments due to quotas and shifting market demands, according to a report from brokerage firm Jones Lang LaSalle Inc.

  • July 08, 2026

    NYC Real Estate Week In Review

    King & Spalding LLP picked up work on the two largest New York City real estate deals that hit public records last week, a busy period that saw 14 trades above $20 million become public, despite the observance of Independence Day on Friday.

  • July 08, 2026

    Broadstone Injects $303M Into Colorado Industrial Project

    Broadstone Net Lease has contributed $303 million to a joint venture to build and lease out a 112,000-square-foot industrial facility in Colorado, the real estate investment trust announced Wednesday.

  • July 08, 2026

    PGIM Gets $98M For South Fla. Office Portfolio

    A trio of companies has purchased a three-property, 365,000-square-foot South Florida office portfolio from PGIM for $97.8 million and plans to spend more than $30 million on renovations.

  • July 08, 2026

    What They're Saying About Fla. Real Estate At 2026's Midpoint

    Florida has experienced its share of real estate boom and bust cycles over the years, but while the first half of 2026 fell short of the recent past, attorneys and other industry experts say the state appears poised to buck that pattern, and that more growth lies ahead.

  • July 07, 2026

    X Corp. Fights $8M Award Over Boulder Office Rent Credit

    Colorado appellate judges on Tuesday tested the limits of competing interpretations by X Corp. and its former landlord regarding a contract provision governing almost $5.8 million in rent credits the social media company says it's owed, weighing X's bid to undo an $8.2 million judgment in a rent dispute.

  • July 07, 2026

    Unstable Ex-Pfizer Office Spurs Evacuations In Manhattan

    The reported instability of pharmaceutical giant Pfizer's former New York City office headquarters, which is undergoing a conversion into residential units, led to the evacuations of multiple nearby buildings in Midtown Manhattan Tuesday.

  • July 07, 2026

    HSF Kramer Advises On $515M Rithm Capital NYC Office Refi

    Herbert Smith Freehills Kramer LLP-advised Rithm Capital has landed a $515 million financing package for a Midtown Manhattan office tower, marking the first debt transaction on a portfolio it purchased from real estate investment trust Paramount Group in September, broker Newmark said Tuesday.

  • July 07, 2026

    5th Circ. Backs Saltgrass In Texas Restaurant Land Row

    The Fifth Circuit backed steakhouse chain Saltgrass Inc.'s quick win in a property contract dispute that involved the planned demolition of a former Joe's Crab Shack restaurant in Humble, Texas, ruling that the demolition contractually requires Saltgrass' permission.

  • July 07, 2026

    Stikeman-led Axia Offers CA$1.23B For Plaza Retail REIT

    Canadian real estate investment firm Axia Real Assets said Tuesday it has taken its roughly CA$1.23 billion ($866.6 million) bid for Plaza Retail REIT public after saying the REIT's board failed to engage with its proposal.

  • July 07, 2026

    Polsinelli Real Estate Finance Atty Rejoins K&L Gates In SC

    A Polsinelli PC shareholder who worked at K&L Gates LLP early in his career has returned to the firm as a finance partner in Charleston, South Carolina.

  • July 07, 2026

    Butler Snow Relocates To $220M Ala. Mixed-Use Development

    Butler Snow LLP said it has inked a lease for an office space at a $220 million mixed-use development underway in Huntsville, Alabama.

  • July 07, 2026

    Kirkland Hires Ropes & Gray Real Estate Partner

    Kirkland & Ellis LLP said Tuesday it has hired a real estate partner who joins from Ropes & Gray LLP, continuing its real estate hiring spree.

  • July 06, 2026

    Window Co. Wins $42.4M In W Hotel Mechanic's Lien Case

    A company that provides exteriors for commercial buildings has been awarded $42.4 million for unpaid work and other costs in a lawsuit stemming from a Philadelphia Marriott construction project against a contractor already hit with a $174.6 million judgment over construction delays and defects.

  • July 06, 2026

    Atlanta's Ex-CNN Center Lands $56.4M C-PACE Loan For Redo

    Commercial real estate-focused investment manager Peachtree Group said it has originated $56.4 million in commercial property assessed clean energy financing for the redevelopment of downtown Atlanta's former CNN Center, which was previously the headquarters for the cable news station.

  • July 06, 2026

    NC Biz Court Bulletin: Rapid-Fire Rulings, Word Of Warning

    Summer is heating up in North Carolina Business Court with a slew of recent rulings, including one greenlighting a data breach class action brought by current and former workers who allege Charlotte-based Bojangles failed to guard their personal information from hackers.

  • July 06, 2026

    Minn. Tax Court Charges Bad Faith In Property Valuation Case

    An attorney for the owner of a Minnesota office building operated in bad faith by ignoring recent state Supreme Court precedents in his challenge of a tax valuation, the state tax court said, again rejecting his approach.

  • July 06, 2026

    After Tense Terms, Hints Of High Court Harmony With Circuits

    Following several U.S. Supreme Court terms teeming with reversals and rebukes of lower appeals courts, the justices this term found fault less often with rulings by circuit judges, who are likely becoming better attuned to the conservative supermajority, attorneys say.

Expert Analysis

  • How CFIUS' Updated Framework Affects Global Investors

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    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

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    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.

  • Consider Best Legal Practices For Commissioning Public Art

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    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.