Commercial

  • July 10, 2026

    Over 20 Firms Guided Top Real Estate Deals Of First Half

    Wachtell and Goodwin are among more than 20 law firms that helped with the 10 largest global real estate mergers and acquisitions of the first half, which included two transactions above the $20 billion mark.

  • July 10, 2026

    Suntex Wants In On $400M Canadian Mixed-Use Project

    Suntex Enterprises Inc. is currently having "advanced discussions" with a "private Canadian development group" about a Canadian mixed-use project that's estimated to cost $400 million, the real estate company announced Friday.

  • July 10, 2026

    NYC's Retail Vacancies Drop To Record Low, JLL Says

    New York City's average retail space availability in multiple prime submarkets dipped to 11.9% in the second quarter of 2026, which is the lowest it's been since the third quarter of 2017, according to a JLL report.

  • July 10, 2026

    Taxation With Representation: Cleary, Paul Weiss, Fried Frank

    In this week's Taxation With Representation, Solstice Advanced Materials Inc. acquires specialty chemicals technology company Element Solutions Inc., Vertex Pharmaceuticals Inc. buys Crinetics Pharmaceuticals Inc., and Lockheed Martin acquires naval defense company Ultra Maritime.

  • July 10, 2026

    Bradley Adds Bankruptcy Atty From Arnall Golden In Atlanta

    Bradley Arant Boult Cummings LLP has added an Arnall Golden Gregory LLP partner in its Atlanta office, strengthening its bankruptcy and creditors' rights practice with an attorney who brings more than 25 years of legal experience.

  • July 09, 2026

    Judge Urged To Deny Transfer Of SpaceX Land-Swap Suit

    Environmental groups urged a D.C. federal judge to reject an attempt by SpaceX and the federal government to transfer the groups' lawsuit challenging a land-exchange deal to Texas, saying the deal was reviewed and approved by officials and lawmakers in D.C.

  • July 09, 2026

    NYC Settles Extra Space Suit Ahead Of Licensing Rollout

    New York City has settled its suit accusing Extra Space Storage Inc. of predatory business practices for more than $1.7 million, resolving its claims before the city's new self-storage licensing program takes effect Aug. 25.

  • July 09, 2026

    Simpson Thacher-Anchored Office Tower In NY Wins $352M Refi

    Vanbarton Group has landed $352 million in refinancing for a 31-story, Class A office tower in Midtown Manhattan that has long served as Simpson Thacher LLP's headquarters, broker JLL said in a news release.

  • July 09, 2026

    NJ Looks To Renew RealPage Antitrust Claims Against REIT

    New Jersey has asked the state's federal court to allow it to file an amended complaint that fixes the pleading issues in its suit accusing multifamily real estate investment trust AvalonBay Communities Inc. of using RealPage Inc.'s revenue management software in a residential rent price-fixing scheme. 

  • July 09, 2026

    Calif. Extends Full Cash Value Assumption For Pipeline Strips

    California extended a method for valuing intercounty pipeline rights-of-way that assumes full cash value if certain conditions are met under a bill signed by Gov. Gavin Newsom.

  • 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.

Expert Analysis

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.

  • What Changed For Healthcare Transaction Law In 2025

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    Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

  • How Developers Can Harness New Texas Zoning Framework

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    A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.

  • What To Know About NY's Drastic 3rd-Party Practice Changes

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    Last month, New York Gov. Kathy Hochul signed a law establishing new time limits for the commencement of third-party actions, which will have dramatic effects on insurance defense practice, particularly cases involving construction site accidents or claims of premises liability, says Shawn Schatzle at Lewis Brisbois.

  • Expect A New Normal In Commercial Real Estate This Year

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    Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.

  • For Data Centers, Both Hyperscale And Edge Are Key In 2026

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    Recent trends in development of data centers highlight the importance of proactive attention to the zoning, permitting, interconnection and contractual issues associated with both hyperscale and edge facilities, in order to position projects for responsible growth in 2026 and protect their long-term value amid rapid technological and regulatory change, say attorneys at Sidley.

  • 5 Lender Strategies When A Commercial Borrower Defaults

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    With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.

  • How Workforce, Tech Will Affect 2026 Construction Landscape

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    As the construction industry's center of gravity shifts from traditional commercial work to infrastructure, energy, industrial and data-hosting facilities, the effects of evolving technology and persistent labor shortages are reshaping real estate dealmaking, immigration policy debates and government contracting risk, say attorneys at Cozen O'Connor.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • How Choice Of Law Won The Day In NC Biz Court COVID Case

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    The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • California Vapor Intrusion Policy Should Focus On Site Risks

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    As California environmental regulators consider whether to change the attenuation factor used in screenings for vapor intrusion, the most prudent path forward is to keep the current value for screening purposes, while using site-specific, risk-based numbers for cleanup and closure targets, says Thierry Montoya at Frost Brown.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.