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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
NEW YORK CITY-While Deutsche Bank consolidates its space at 60 Wall St., it assigns its sixth floor holdings at 1290 to Microsoft. The sheetrock is already moving in, says one source close to the deal, as the software giant preps its new HQ space.
JAMAICA, NY-Some $21 million in federal tax credits has pushed the class A office project one step closer to reality. Developer LCOR is already talking with anchor tenants.
NEW YORK CITY-After months of rumors surrounding the future of Lend Lease's US real estate operations, the global firm reveals this morning that a joint venture with Morgan Stanley might be in the works.
GARDEN CITY, NY-Federated is stepping up its presence in the locally based mall in a major way with a new 65,000-sf Bloomingdale's Furniture Store. Meanwhile, Gaylan's Sports signs for 100,000 feet.
NEW YORK CITY-The official word on last week's changes at Grubb & Ellis is in. The firm states that former president and CEO Barry M. Barovick resigned to "pursue other opportunities.
NEW YORK CITY-The much touted C-suite has become a mortuary. Local brokerage sources reveal that a series of high-level firings at Grubb & Ellis this week have left president and CEO Barry Barovick, CFO Ian Bress and strategy chief Elizabeth Kulik out in the cold.
NEW YORK CITY-But while uncertainty permeates the office sector in town, there's relative good news in multifamily. Yesterday's annual market forecast also gave us a glimpse at the coming war--and yes, you should brace for it, said keynoter Henry Kissinger.
NEW YORK CITY-With the goal of becoming one of the leading real estate lenders in North America, EuroHypo AG ups its US ante with a newly appointed CMBS team and plans to staff up around the nation.
NEW YORK CITY-As earlier reported on GlobeSt.com, CB Richard Ellis will buy out rival Insignia Financial Group. CB's Ray Wirta will continue to run the show and Insignia's Steve Siegel will head up global brokerage operations.
NEW YORK CITY-Grubb & Ellis brokers are getting restless again, according to a local source. Word on the street has it that the dealmakers want to return the company to its transactional roots. Not true, says president and CEO Barry M. Barovick.

From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download Resource
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
From MRI Software
AI is reshaping property management. This guide provides a practical path for leaders to integrate AI, empowering teams, enhancing resident experiences, and scaling success across your portfolio without losing the essential human touch. Download your guide.
Download Resource
From MRI Software
AI promises to revolutionize real estate, but many firms are left disappointed. This guide reveals why your AI strategy might be failing and provides a clear roadmap to fix it, turning technology hype into tangible results.
Download Resource
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
From MRI Software
This 2026 multifamily report compiles insights from 700+ CRE professionals on the most consequential market trends shaping the sector today, including AI adoption, fraud prevention and their role in operations.
Download Resource
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
From MRI Software
The PropTech market is full of noise and exaggerated claims in the AI era. This guide helps you cut through the hype, ask the right questions, and invest in solutions that truly deliver on their promises with a step-by-step approach.
Download Resource
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
From MRI Software
Fraud and bad debt are rising threats for multifamily operators. With AI-powered schemes and economic instability, the risks are higher than ever. This research report from the NAA reveals how the industry is fighting back to protect its assets.
Download Resource
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download Resource
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download Resource
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
From MRI Software
AI is reshaping property management. This guide provides a practical path for leaders to integrate AI, empowering teams, enhancing resident experiences, and scaling success across your portfolio without losing the essential human touch. Download your guide.
Download Resource
From MRI Software
AI promises to revolutionize real estate, but many firms are left disappointed. This guide reveals why your AI strategy might be failing and provides a clear roadmap to fix it, turning technology hype into tangible results.
Download Resource
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
From MRI Software
This 2026 multifamily report compiles insights from 700+ CRE professionals on the most consequential market trends shaping the sector today, including AI adoption, fraud prevention and their role in operations.
Download Resource
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
From MRI Software
The PropTech market is full of noise and exaggerated claims in the AI era. This guide helps you cut through the hype, ask the right questions, and invest in solutions that truly deliver on their promises with a step-by-step approach.
Download Resource
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
From MRI Software
Fraud and bad debt are rising threats for multifamily operators. With AI-powered schemes and economic instability, the risks are higher than ever. This research report from the NAA reveals how the industry is fighting back to protect its assets.
Download Resource
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download Resource
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource