Tuesday, November 25, 2025
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From Hype to Readiness AI webinar panel
AcquisitionsFeaturesIndustrialLeasing ActivityLoansMidwestMultifamilyNortheastOfficeRetailSoutheastTexasVideoWebinarWestern

Webinar: From Hype to Readiness — How Commercial Real Estate Firms Are Preparing for AI

by Sarah Daniels

The November 18 France Media webinar “From Hype to Readiness — How Commercial Real Estate Firms Are Preparing for AI,” hosted by France Media and sponsored by Defease With Ease | Thirty Capital, offered a look at the realities of artificial intelligence (AI) within the industry. What can a year of AI use in commercial real estate tell us about implementation and tactics? Panelists touched on the limitations of general-purpose tools, as well as trending topics including safeguards, data privacy, accuracy and institutional control.  For professionals engaged in commercial real estate, the session highlighted practical ways AI can elevate both day-to-day efficiency and organizational sophistication (especially if efforts are backed up by a unified library of proprietary portfolio data).  Panelists discussed how purpose-built platforms can support underwriting, refinancing, internal reporting and ongoing asset optimization by using secure, updated data. The expert presenters gave concrete examples on how AI can act as an effort multiplier: it can strengthen accuracy, surface risks earlier and broaden the capabilities of team members. The included case study underscored real-world advantages, including improved reporting integrity, stronger oversight and better workflow automation. Register here to watch this brief webinar to gain helpful insights on integrating new technology …

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Leasing ActivityOfficeTexas

Renewa Signs 13,051 SF Office Lease in Houston’s Post Oak District

by Taylor Williams

HOUSTON — Renewa has signed a 13,051-square-foot office lease in Houston’s Post Oak district. The provider of renewable energy is taking space at the 421,954-square-foot building at 1980 Post Oak Blvd. J.P. Hutcheson and Amanda Nebel of Cushman & Wakefield represented the landlord, a partnership between Parkway Properties, 3Edgewood and Midway, in the lease negotiations. Brandi Sikes of SVN | J. Beard Real Estate represented the tenant.

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Leasing ActivityMassachusettsNortheastOffice

WilmerHale Renews 201,018 SF Office Lease in Downtown Boston

by Taylor Williams

BOSTON — WilmerHale has renewed its 201,018-square-foot office lease in downtown Boston. The international law firm will continue to occupy floors 25 through 32 at 60 State Street, a 600,000-square-foot building in which the company has been a tenant since 1977. Roy Hirshland, Thomas Fulcher, Arthur Greenberg, Ron Perry and Matthew Perry of Savills represented WilmerHale in the lease negotiations. Dan Cavanaugh, Ryan Enright and Patrick Nugen of JLL represented the landlord, Starwood REIT.

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AcquisitionsIndustrialNew JerseyNortheastOffice

Joint Venture Acquires 126,108 SF Office, Industrial Building in Dover, New Jersey

by Taylor Williams

DOVER, N.J. — A joint venture between local investment firm Legacy Real Estate Developers, Saddleback Real Estate Developers and Commerce Park Investors has acquired a 126,108-square-foot office and industrial building in Dover, about 40 miles west of New York City. The building formerly housed the U.S. headquarters of Japanese electronics giant Casio. Elli Klapper of CBRE brokered the deal. The seller and sales price were not disclosed. The new ownership plans to implement a capital improvement program.

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IllinoisLeasing ActivityMidwestOffice

USG Renews 165,000 SF Office Headquarters Lease in Downtown Chicago

by Kristin Harlow

CHICAGO — USG Corp. has renewed its 165,000-square-foot office headquarters lease at 550 West Adams in downtown Chicago. The tenant manufactures high-quality building materials and has more than 50 manufacturing facilities across North America. Formed in Chicago in 1902, USG is the largest producer of wallboard in the U.S. and the largest manufacturer of gypsum products overall in North America. Chris Wood and David Stefancic of Cushman & Wakefield represented USG, while Mark Bâby and Katie Hull of Stream Realty Partners represented ownership, Manova Partners. Cushman & Wakefield negotiated USG’s original global headquarters lease in 2004 that coincided with the development of 550 West Adams. Cushman & Wakefield will also provide project management services to USG as part of a renovation of the space. Built in 2006 and located in the heart of the West Loop, 550 West Adams rises 18 stories and is LEED Gold certified. Last year, Manova completed a major renovation of the second-floor amenity space, adding a 50-seat conference center, upgrading the tenant lounge and installing a golf simulator and fitness center with showers and locker facilities. Additional amenities include a tenant concierge, a Chase Bank branch and ATM, lobby-level café, bike storage and heated parking …

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DevelopmentIndianaLeasing ActivityMidwestOffice

USA Gymnastics to Open Training Center, Headquarters in Metro Indianapolis

by Kristin Harlow

NOBLESVILLE, IND. — USA Gymnastics will open its national office headquarters and Training & Wellness Center in Noblesville’s Innovation Mile district. Robert Hess, John Longshore, Stacy Davis and Ramya Gowda of Newmark represented the company in the two-year site selection process. The training center is expected to host National Team camps, competitions, coaching clinics and athlete wellness programs serving all gymnastics disciplines and thousands of athletes across the U.S. The Innovation Mile is a 600-acre business and technology district that is currently home to The Arena at Innovation Mile, the home of the G-League affiliate team to the NBA’s Indiana Pacers, as well as facilities for Caterpillar and the Indiana Orthopedic Institute. Future plans call for a mix of life sciences, healthcare and advanced manufacturing uses in the surrounding area.

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IllinoisLeasing ActivityMidwestOffice

Colliers Secures 24,800 SF Office Lease for Shamrock in Downtown Chicago

by Kristin Harlow

CHICAGO — Colliers has negotiated a 24,800-square-foot office lease for Shamrock Trading Corp. at 151 N. Franklin St. in Chicago. With the lease, the Kansas City-based firm establishes a presence in downtown Chicago to complement its location in Lombard, Ill. Tom Volini and Sven Sykes of Colliers represented Shamrock, which is the parent company of a growing family of brands in transportation services, finance and technology. Designed by John Ronan Architects, 151 North Franklin is a 35-story, 807,000-square-foot office tower.

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DevelopmentFloridaIndustrialOfficeSoutheast

Bridge Industrial to Redevelop South Florida Office Park Into 268,702 SF Industrial Complex

by John Nelson

DORAL, FLA. — Bridge Industrial has recently received approval to redevelop a 16-acre office park located at 7775 N.W. 48th St. in Doral into Bridge Point Doral 826, a 268,702-square-foot, two-building industrial complex. The conversion project will transform the 1970s-era suburban office park in metro Miami’s Airport West submarket into a LEED-certified logistics hub. Bridge Industrial has begun preliminary site preparations at the property and will plan to deliver the project in first-quarter 2027. Bridge Point Doral 826 represents the second office-to-industrial conversion project in South Florida as the company recently redeveloped the former Ryder Systems headquarters into Bridge Point Flagler Station.

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Company NewsNorth CarolinaOfficeSoutheast

Maersk Selects Charlotte for New North American Corporate Headquarters

by John Nelson

CHARLOTTE, N.C. — Maersk, a global integrated logistics and shipping company, has selected Charlotte for its North American corporate headquarters. The company will invest $16 million in Mecklenburg County and will grow its Charlotte workforce to 1,300 jobs. The location of the company’s new offices and identity of the landlord were not disclosed. Maersk is a subsidiary of Danish firm A.P. Moller-Maersk and was founded in 1904. The new headquarters in Charlotte will house key corporate functions —  including finance, human resources, commercial strategy and technology — for its 10,000 North American employees. Maersk’s lease is the second headquarters relocation for Charlotte within a week as Scout Motors, a subsidiary of Volkswagen, announced its $206 million investment to move its regional headquarters to Charlotte.

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IllinoisLeasing ActivityMidwestOffice

Bradford Allen Secures 10,780 SF Office Lease Renewal for Anesi Ozmon in Chicago

by Kristin Harlow

CHICAGO — Bradford Allen has secured a seven-year, 10,780-square-foot office lease renewal for Anesi Ozmon Ltd. at 161 N. Clark St. in Chicago’s Central Loop. Ben Azulay and Nathan Meisner of Bradford Allen represented the law firm, which handles personal injury, construction accident and workers’ compensation cases. The longtime tenant of the building is having its space reconfigured to include more private offices for attorneys. Designed by Kohn Pederson Fox and built in 1992, 161 N. Clark Street is a 50-story office tower with a 12th-floor tenant lounge, multiple conference rooms, a fitness center, bike storage and an open-air roof terrace with skyline views. First-floor retail tenants include Hannah’s Bretzel, Fifth Third Bank, DHL and Larry’s Shoe Shine.

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