#commercial-real-estate

#commercial-real-estate

TD Bank is expanding its office footprint to International Place, following an announcement last year that it is requiring workers to return to the office four days a week. According to The Boston Globe, the Toronto-based bank recently signed a 10-year lease for nearly 39,000 square feet across two floors at 2 International Place. The space, the Globe reports, will be nearly twice the size TD occupies at 200 State St. and will fit about 140 people.

Restaurant real estate has always been a fragmented, slow process. Operators spend months searching through listings that were never built for food service. We built Pepperlot to fix that.

Victoria Gardens gets nearly 15 million visitors annually and generates more than $1,100 per square foot in retail sales, placing it among top-grossing open-air shopping centers in the nation, Redwood West said. It has about 160 retailers including Apple, Lululemon, Chanel, Gorjana, Sephora, Nike, Zara, AMC Theatres, Shake Shack and Macy's.

OL Title represents a significant expansion of our capabilities. We're making available a title and closing resource specifically designed to handle the complexities of commercial and high-end residential transactions backed by the strength of a full-service law firm and the resources of Florida's largest independent title network.

Sonny's Corner has opened in the former home of beloved bar Pencil Factory, which shuttered last summer after 25 years in business. Sonny's hasn't messed too much with Pencil Factory's proven success: Its vibe, layout and interiors are quite similar to those of the previous business. Residents just seem happy the space has remained a bar, and one run by local business owners.

The seven properties that Fortinet bought for $47 million are all across the street from the cybersecurity company's Sunnyvale headquarters at 909 Kifer Road, documents filed on March 3 with the Santa Clara County Recorder's Office show. Fortinet obtained the seven parcels, which are just east of its head offices, through an all-cash deal, the public documents show.

Verizon has quietly put the office space it preleased at Vornado's PENN 2 tower back on the market for sublease, reversing the Manhattan headquarters move it announced last summer. The space hit the market less than seven months after the July 2025 lease was signed and sends roughly 200,000 rentable square feet back into the Midtown mix, an unexpected twist for what had been held up as a marquee vote of confidence in the Penn District.

Stewart Title National Commercial Services (NCS) has added a veteran Nevada title executive to oversee commercial operations in the state. The company announced that Ian Swainston has joined as vice president and operations manager supporting commercial growth efforts across Nevada. Swainston brings more than 29 years of experience in Nevada's title insurance industry. His background includes leadership roles focused on operations, strategic growth and team development within the state's real estate market.

The owner of Blackhawk Plaza in Danville is in default on two loans totaling a combined $31 million that were provided to the property by Preferred Bank, according to documents filed on Jan. 30 with the Contra Costa County Recorder's Office. These new delinquencies are separate from $5 million in financing that Nano Banc provided to the owner of the property, whose addresses include 3380 Blackhawk Plaza Circle, county real estate files show.

A big tech campus in Mountain View has been bought in a deal whose price suggests that values could be starting to stabilize in at least some areas of the South Bay. The five-building office hub has been purchased for $193 million, according to documents filed on Jan. 20 with the Santa Clara County Recorder's Office. PSAI Realty Partners, acting through an affiliate, bought the Mountain View Corporate Center, which has addresses ranging from 301 to 381 E. Evelyn Ave.

At 101 Ygnacio Valley Rd., the 78,200-square-foot building was purchased for $13.5 million by an affiliate of real estate firm STG Group, according to documents filed on Jan. 16 with the Contra Costa County Recorder's Office. Scott Prosser and Seth Siegel, executives with commercial real estate firm Cushman & Wakefield. arranged the purchase. Kansas-based Riffel Asset Management was the seller, county and state public documents show.

Essential Properties Realty Trust paid a combined $10 million for the four Bay Area restaurant sites, the real estate documents show. The sales were all formally completed on Jan. 26 with the filing of several grant deeds. We acquire, own and manage single-tenant properties that are net leased to middle-market companies operating in service-oriented or experience-based businesses, Essential Properties Realty Trust states on its website.