CINXE.COM

Commercial Real Estate News | Commercial Observer

<!DOCTYPE html> <html lang="en-US"> <head> <link rel="preconnect" href="https://www.npttech.com" crossorigin /> <link rel="preconnect" href="https://fonts.gstatic.com" crossorigin /> <!-- Piano/Tinypass Adblocking Check --> <script> document.cookie = "__adblocker=; expires=Thu, 01 Jan 1970 00:00:00 GMT; path=/"; var setNptTechAdblockerCookie = function(adblocker) { var d = new Date(); d.setTime(d.getTime() + 60 * 60 * 24 * 2 * 1000); document.cookie = "__adblocker=" + (adblocker ? "true" : "false") + "; expires=" + d.toUTCString() + "; path=/"; }; var script = document.createElement("script"); script.setAttribute("async", true); script.setAttribute("src", "//www.npttech.com/advertising.js"); script.setAttribute("onerror", "setNptTechAdblockerCookie(true);"); document.getElementsByTagName("head")[0].appendChild(script); </script> <!-- End Piano/Tinypass Adblocking Check --> <meta charset="UTF-8"><script type="text/javascript">(window.NREUM||(NREUM={})).init={ajax:{deny_list:["bam.nr-data.net"]}};(window.NREUM||(NREUM={})).loader_config={licenseKey:"21151edd0b",applicationID:"312934720"};;/*! For license information please see nr-loader-rum-1.286.0.min.js.LICENSE.txt */ (()=>{var e,t,r={8122:(e,t,r)=>{"use strict";r.d(t,{a:()=>i});var n=r(944);function i(e,t){try{if(!e||"object"!=typeof e)return(0,n.R)(3);if(!t||"object"!=typeof t)return(0,n.R)(4);const r=Object.create(Object.getPrototypeOf(t),Object.getOwnPropertyDescriptors(t)),o=0===Object.keys(r).length?e:r;for(let a in o)if(void 0!==e[a])try{if(null===e[a]){r[a]=null;continue}Array.isArray(e[a])&&Array.isArray(t[a])?r[a]=Array.from(new Set([...e[a],...t[a]])):"object"==typeof e[a]&&"object"==typeof t[a]?r[a]=i(e[a],t[a]):r[a]=e[a]}catch(e){(0,n.R)(1,e)}return r}catch(e){(0,n.R)(2,e)}}},2555:(e,t,r)=>{"use strict";r.d(t,{fn:()=>s,x1:()=>c});var n=r(384),i=r(8122);const o={beacon:n.NT.beacon,errorBeacon:n.NT.errorBeacon,licenseKey:void 0,applicationID:void 0,sa:void 0,queueTime:void 0,applicationTime:void 0,ttGuid:void 0,user:void 0,account:void 0,product:void 0,extra:void 0,jsAttributes:{},userAttributes:void 0,atts:void 0,transactionName:void 0,tNamePlain:void 0},a={};function s(e){try{const t=function(e){if(!e)throw new Error("All info objects require an agent identifier!");if(!a[e])throw new Error("Info for ".concat(e," was never set"));return a[e]}(e);return!!t.licenseKey&&!!t.errorBeacon&&!!t.applicationID}catch(e){return!1}}function c(e,t){if(!e)throw new Error("All info objects require an agent identifier!");a[e]=(0,i.a)(t,o);const r=(0,n.nY)(e);r&&(r.info=a[e])}},5217:(e,t,r)=>{"use strict";r.d(t,{gD:()=>h,xN:()=>m});r(860).K7.genericEvents;const n="experimental.marks",i="experimental.measures",o="experimental.resources",a=e=>{if(!e||"string"!=typeof e)return!1;try{document.createDocumentFragment().querySelector(e)}catch{return!1}return!0};var s=r(2614),c=r(944),u=r(384),d=r(8122);const l="[data-nr-mask]",f=()=>{const e={feature_flags:[],experimental:{marks:!1,measures:!1,resources:!1},mask_selector:"*",block_selector:"[data-nr-block]",mask_input_options:{color:!1,date:!1,"datetime-local":!1,email:!1,month:!1,number:!1,range:!1,search:!1,tel:!1,text:!1,time:!1,url:!1,week:!1,textarea:!1,select:!1,password:!0}};return{ajax:{deny_list:void 0,block_internal:!0,enabled:!0,autoStart:!0},distributed_tracing:{enabled:void 0,exclude_newrelic_header:void 0,cors_use_newrelic_header:void 0,cors_use_tracecontext_headers:void 0,allowed_origins:void 0},get feature_flags(){return e.feature_flags},set feature_flags(t){e.feature_flags=t},generic_events:{enabled:!0,autoStart:!0},harvest:{interval:30},jserrors:{enabled:!0,autoStart:!0},logging:{enabled:!0,autoStart:!0},metrics:{enabled:!0,autoStart:!0},obfuscate:void 0,page_action:{enabled:!0},page_view_event:{enabled:!0,autoStart:!0},page_view_timing:{enabled:!0,autoStart:!0},performance:{get capture_marks(){return e.feature_flags.includes(n)||e.experimental.marks},set capture_marks(t){e.experimental.marks=t},get capture_measures(){return e.feature_flags.includes(i)||e.experimental.measures},set capture_measures(t){e.experimental.measures=t},capture_detail:!0,resources:{get enabled(){return e.feature_flags.includes(o)||e.experimental.resources},set enabled(t){e.experimental.resources=t},asset_types:[],first_party_domains:[],ignore_newrelic:!0}},privacy:{cookies_enabled:!0},proxy:{assets:void 0,beacon:void 0},session:{expiresMs:s.wk,inactiveMs:s.BB},session_replay:{autoStart:!0,enabled:!1,preload:!1,sampling_rate:10,error_sampling_rate:100,collect_fonts:!1,inline_images:!1,fix_stylesheets:!0,mask_all_inputs:!0,get mask_text_selector(){return e.mask_selector},set mask_text_selector(t){a(t)?e.mask_selector="".concat(t,",").concat(l):""===t||null===t?e.mask_selector=l:(0,c.R)(5,t)},get block_class(){return"nr-block"},get ignore_class(){return"nr-ignore"},get mask_text_class(){return"nr-mask"},get block_selector(){return e.block_selector},set block_selector(t){a(t)?e.block_selector+=",".concat(t):""!==t&&(0,c.R)(6,t)},get mask_input_options(){return e.mask_input_options},set mask_input_options(t){t&&"object"==typeof t?e.mask_input_options={...t,password:!0}:(0,c.R)(7,t)}},session_trace:{enabled:!0,autoStart:!0},soft_navigations:{enabled:!0,autoStart:!0},spa:{enabled:!0,autoStart:!0},ssl:void 0,user_actions:{enabled:!0,elementAttributes:["id","className","tagName","type"]}}},g={},p="All configuration objects require an agent identifier!";function m(e,t){if(!e)throw new Error(p);g[e]=(0,d.a)(t,f());const r=(0,u.nY)(e);r&&(r.init=g[e])}function h(e,t){if(!e)throw new Error(p);var r=function(e){if(!e)throw new Error(p);if(!g[e])throw new Error("Configuration for ".concat(e," was never set"));return g[e]}(e);if(r){for(var n=t.split("."),i=0;i<n.length-1;i++)if("object"!=typeof(r=r[n[i]]))return;r=r[n[n.length-1]]}return r}},3371:(e,t,r)=>{"use strict";r.d(t,{V:()=>f,f:()=>l});var n=r(8122),i=r(384),o=r(6154),a=r(9324);let s=0;const c={buildEnv:a.F3,distMethod:a.Xs,version:a.xv,originTime:o.WN},u={customTransaction:void 0,disabled:!1,isolatedBacklog:!1,loaderType:void 0,maxBytes:3e4,onerror:void 0,ptid:void 0,releaseIds:{},appMetadata:{},session:void 0,denyList:void 0,timeKeeper:void 0,obfuscator:void 0,harvester:void 0},d={};function l(e){if(!e)throw new Error("All runtime objects require an agent identifier!");if(!d[e])throw new Error("Runtime for ".concat(e," was never set"));return d[e]}function f(e,t){if(!e)throw new Error("All runtime objects require an agent identifier!");d[e]={...(0,n.a)(t,u),...c},Object.hasOwnProperty.call(d[e],"harvestCount")||Object.defineProperty(d[e],"harvestCount",{get:()=>++s});const r=(0,i.nY)(e);r&&(r.runtime=d[e])}},9324:(e,t,r)=>{"use strict";r.d(t,{F3:()=>i,Xs:()=>o,xv:()=>n});const n="1.286.0",i="PROD",o="CDN"},6154:(e,t,r)=>{"use strict";r.d(t,{OF:()=>c,RI:()=>i,WN:()=>d,bv:()=>o,gm:()=>a,mw:()=>s,sb:()=>u});var n=r(1863);const i="undefined"!=typeof window&&!!window.document,o="undefined"!=typeof WorkerGlobalScope&&("undefined"!=typeof self&&self instanceof WorkerGlobalScope&&self.navigator instanceof WorkerNavigator||"undefined"!=typeof globalThis&&globalThis instanceof WorkerGlobalScope&&globalThis.navigator instanceof WorkerNavigator),a=i?window:"undefined"!=typeof WorkerGlobalScope&&("undefined"!=typeof self&&self instanceof WorkerGlobalScope&&self||"undefined"!=typeof globalThis&&globalThis instanceof WorkerGlobalScope&&globalThis),s=Boolean("hidden"===a?.document?.visibilityState),c=/iPad|iPhone|iPod/.test(a.navigator?.userAgent),u=c&&"undefined"==typeof SharedWorker,d=((()=>{const e=a.navigator?.userAgent?.match(/Firefox[/\s](\d+\.\d+)/);Array.isArray(e)&&e.length>=2&&e[1]})(),Date.now()-(0,n.t)())},3241:(e,t,r)=>{"use strict";r.d(t,{W:()=>o});var n=r(6154);const i="newrelic";function o(e={}){try{n.gm.dispatchEvent(new CustomEvent(i,{detail:e}))}catch(e){}}},1687:(e,t,r)=>{"use strict";r.d(t,{Ak:()=>c,Ze:()=>l,x3:()=>u});var n=r(7836),i=r(3606),o=r(860),a=r(2646);const s={};function c(e,t){const r={staged:!1,priority:o.P3[t]||0};d(e),s[e].get(t)||s[e].set(t,r)}function u(e,t){e&&s[e]&&(s[e].get(t)&&s[e].delete(t),g(e,t,!1),s[e].size&&f(e))}function d(e){if(!e)throw new Error("agentIdentifier required");s[e]||(s[e]=new Map)}function l(e="",t="feature",r=!1){if(d(e),!e||!s[e].get(t)||r)return g(e,t);s[e].get(t).staged=!0,f(e)}function f(e){const t=Array.from(s[e]);t.every((([e,t])=>t.staged))&&(t.sort(((e,t)=>e[1].priority-t[1].priority)),t.forEach((([t])=>{s[e].delete(t),g(e,t)})))}function g(e,t,r=!0){const o=e?n.ee.get(e):n.ee,s=i.i.handlers;if(!o.aborted&&o.backlog&&s){if(r){const e=o.backlog[t],r=s[t];if(r){for(let t=0;e&&t<e.length;++t)p(e[t],r);Object.entries(r).forEach((([e,t])=>{Object.values(t||{}).forEach((t=>{t[0]?.on&&t[0]?.context()instanceof a.y&&t[0].on(e,t[1])}))}))}}o.isolatedBacklog||delete s[t],o.backlog[t]=null,o.emit("drain-"+t,[])}}function p(e,t){var r=e[1];Object.values(t[r]||{}).forEach((t=>{var r=e[0];if(t[0]===r){var n=t[1],i=e[3],o=e[2];n.apply(i,o)}}))}},7836:(e,t,r)=>{"use strict";r.d(t,{P:()=>c,ee:()=>u});var n=r(384),i=r(8990),o=r(3371),a=r(2646),s=r(5607);const c="nr@context:".concat(s.W),u=function e(t,r){var n={},s={},d={},l=!1;try{l=16===r.length&&(0,o.f)(r).isolatedBacklog}catch(e){}var f={on:p,addEventListener:p,removeEventListener:function(e,t){var r=n[e];if(!r)return;for(var i=0;i<r.length;i++)r[i]===t&&r.splice(i,1)},emit:function(e,r,n,i,o){!1!==o&&(o=!0);if(u.aborted&&!i)return;t&&o&&t.emit(e,r,n);for(var a=g(n),c=m(e),d=c.length,l=0;l<d;l++)c[l].apply(a,r);var p=v()[s[e]];p&&p.push([f,e,r,a]);return a},get:h,listeners:m,context:g,buffer:function(e,t){const r=v();if(t=t||"feature",f.aborted)return;Object.entries(e||{}).forEach((([e,n])=>{s[n]=t,t in r||(r[t]=[])}))},abort:function(){f._aborted=!0,Object.keys(f.backlog).forEach((e=>{delete f.backlog[e]}))},isBuffering:function(e){return!!v()[s[e]]},debugId:r,backlog:l?{}:t&&"object"==typeof t.backlog?t.backlog:{},isolatedBacklog:l};return Object.defineProperty(f,"aborted",{get:()=>{let e=f._aborted||!1;return e||(t&&(e=t.aborted),e)}}),f;function g(e){return e&&e instanceof a.y?e:e?(0,i.I)(e,c,(()=>new a.y(c))):new a.y(c)}function p(e,t){n[e]=m(e).concat(t)}function m(e){return n[e]||[]}function h(t){return d[t]=d[t]||e(f,t)}function v(){return f.backlog}}(void 0,"globalEE"),d=(0,n.Zm)();d.ee||(d.ee=u)},2646:(e,t,r)=>{"use strict";r.d(t,{y:()=>n});class n{constructor(e){this.contextId=e}}},9908:(e,t,r)=>{"use strict";r.d(t,{d:()=>n,p:()=>i});var n=r(7836).ee.get("handle");function i(e,t,r,i,o){o?(o.buffer([e],i),o.emit(e,t,r)):(n.buffer([e],i),n.emit(e,t,r))}},3606:(e,t,r)=>{"use strict";r.d(t,{i:()=>o});var n=r(9908);o.on=a;var i=o.handlers={};function o(e,t,r,o){a(o||n.d,i,e,t,r)}function a(e,t,r,i,o){o||(o="feature"),e||(e=n.d);var a=t[o]=t[o]||{};(a[r]=a[r]||[]).push([e,i])}},3878:(e,t,r)=>{"use strict";function n(e,t){return{capture:e,passive:!1,signal:t}}function i(e,t,r=!1,i){window.addEventListener(e,t,n(r,i))}function o(e,t,r=!1,i){document.addEventListener(e,t,n(r,i))}r.d(t,{DD:()=>o,jT:()=>n,sp:()=>i})},5607:(e,t,r)=>{"use strict";r.d(t,{W:()=>n});const n=(0,r(9566).bz)()},9566:(e,t,r)=>{"use strict";r.d(t,{LA:()=>s,bz:()=>a});var n=r(6154);const i="xxxxxxxx-xxxx-4xxx-yxxx-xxxxxxxxxxxx";function o(e,t){return e?15&e[t]:16*Math.random()|0}function a(){const e=n.gm?.crypto||n.gm?.msCrypto;let t,r=0;return e&&e.getRandomValues&&(t=e.getRandomValues(new Uint8Array(30))),i.split("").map((e=>"x"===e?o(t,r++).toString(16):"y"===e?(3&o()|8).toString(16):e)).join("")}function s(e){const t=n.gm?.crypto||n.gm?.msCrypto;let r,i=0;t&&t.getRandomValues&&(r=t.getRandomValues(new Uint8Array(e)));const a=[];for(var s=0;s<e;s++)a.push(o(r,i++).toString(16));return a.join("")}},2614:(e,t,r)=>{"use strict";r.d(t,{BB:()=>a,H3:()=>n,g:()=>u,iL:()=>c,tS:()=>s,uh:()=>i,wk:()=>o});const n="NRBA",i="SESSION",o=144e5,a=18e5,s={STARTED:"session-started",PAUSE:"session-pause",RESET:"session-reset",RESUME:"session-resume",UPDATE:"session-update"},c={SAME_TAB:"same-tab",CROSS_TAB:"cross-tab"},u={OFF:0,FULL:1,ERROR:2}},1863:(e,t,r)=>{"use strict";function n(){return Math.floor(performance.now())}r.d(t,{t:()=>n})},944:(e,t,r)=>{"use strict";function n(e,t){"function"==typeof console.debug&&console.debug("New Relic Warning: https://github.com/newrelic/newrelic-browser-agent/blob/main/docs/warning-codes.md#".concat(e),t)}r.d(t,{R:()=>n})},5701:(e,t,r)=>{"use strict";r.d(t,{B:()=>a,t:()=>s});var n=r(7836),i=r(3241);const o=new Set,a={};function s(e,t){const r=n.ee.get(t);a[t]??={},e&&"object"==typeof e&&(o.has(t)||(r.emit("rumresp",[e]),a[t]=e,o.add(t),(0,i.W)({agentIdentifier:t,loaded:!0,drained:!0,type:"lifecycle",name:"load",feature:void 0,data:e})))}},8990:(e,t,r)=>{"use strict";r.d(t,{I:()=>i});var n=Object.prototype.hasOwnProperty;function i(e,t,r){if(n.call(e,t))return e[t];var i=r();if(Object.defineProperty&&Object.keys)try{return Object.defineProperty(e,t,{value:i,writable:!0,enumerable:!1}),i}catch(e){}return e[t]=i,i}},6389:(e,t,r)=>{"use strict";function n(e,t=500,r={}){const n=r?.leading||!1;let i;return(...r)=>{n&&void 0===i&&(e.apply(this,r),i=setTimeout((()=>{i=clearTimeout(i)}),t)),n||(clearTimeout(i),i=setTimeout((()=>{e.apply(this,r)}),t))}}function i(e){let t=!1;return(...r)=>{t||(t=!0,e.apply(this,r))}}r.d(t,{J:()=>i,s:()=>n})},5289:(e,t,r)=>{"use strict";r.d(t,{GG:()=>o,sB:()=>a});var n=r(3878);function i(){return"undefined"==typeof document||"complete"===document.readyState}function o(e,t){if(i())return e();(0,n.sp)("load",e,t)}function a(e){if(i())return e();(0,n.DD)("DOMContentLoaded",e)}},384:(e,t,r)=>{"use strict";r.d(t,{NT:()=>o,US:()=>d,Zm:()=>a,bQ:()=>c,dV:()=>s,nY:()=>u,pV:()=>l});var n=r(6154),i=r(1863);const o={beacon:"bam.nr-data.net",errorBeacon:"bam.nr-data.net"};function a(){return n.gm.NREUM||(n.gm.NREUM={}),void 0===n.gm.newrelic&&(n.gm.newrelic=n.gm.NREUM),n.gm.NREUM}function s(){let e=a();return e.o||(e.o={ST:n.gm.setTimeout,SI:n.gm.setImmediate,CT:n.gm.clearTimeout,XHR:n.gm.XMLHttpRequest,REQ:n.gm.Request,EV:n.gm.Event,PR:n.gm.Promise,MO:n.gm.MutationObserver,FETCH:n.gm.fetch,WS:n.gm.WebSocket}),e}function c(e,t){let r=a();r.initializedAgents??={},t.initializedAt={ms:(0,i.t)(),date:new Date},r.initializedAgents[e]=t}function u(e){let t=a();return t.initializedAgents?.[e]}function d(e,t){a()[e]=t}function l(){return function(){let e=a();const t=e.info||{};e.info={beacon:o.beacon,errorBeacon:o.errorBeacon,...t}}(),function(){let e=a();const t=e.init||{};e.init={...t}}(),s(),function(){let e=a();const t=e.loader_config||{};e.loader_config={...t}}(),a()}},2843:(e,t,r)=>{"use strict";r.d(t,{u:()=>i});var n=r(3878);function i(e,t=!1,r,i){(0,n.DD)("visibilitychange",(function(){if(t)return void("hidden"===document.visibilityState&&e());e(document.visibilityState)}),r,i)}},3434:(e,t,r)=>{"use strict";r.d(t,{Jt:()=>o,YM:()=>c});var n=r(7836),i=r(5607);const o="nr@original:".concat(i.W);var a=Object.prototype.hasOwnProperty,s=!1;function c(e,t){return e||(e=n.ee),r.inPlace=function(e,t,n,i,o){n||(n="");const a="-"===n.charAt(0);for(let s=0;s<t.length;s++){const c=t[s],u=e[c];d(u)||(e[c]=r(u,a?c+n:n,i,c,o))}},r.flag=o,r;function r(t,r,n,s,c){return d(t)?t:(r||(r=""),nrWrapper[o]=t,function(e,t,r){if(Object.defineProperty&&Object.keys)try{return Object.keys(e).forEach((function(r){Object.defineProperty(t,r,{get:function(){return e[r]},set:function(t){return e[r]=t,t}})})),t}catch(e){u([e],r)}for(var n in e)a.call(e,n)&&(t[n]=e[n])}(t,nrWrapper,e),nrWrapper);function nrWrapper(){var o,a,d,l;try{a=this,o=[...arguments],d="function"==typeof n?n(o,a):n||{}}catch(t){u([t,"",[o,a,s],d],e)}i(r+"start",[o,a,s],d,c);try{return l=t.apply(a,o)}catch(e){throw i(r+"err",[o,a,e],d,c),e}finally{i(r+"end",[o,a,l],d,c)}}}function i(r,n,i,o){if(!s||t){var a=s;s=!0;try{e.emit(r,n,i,t,o)}catch(t){u([t,r,n,i],e)}s=a}}}function u(e,t){t||(t=n.ee);try{t.emit("internal-error",e)}catch(e){}}function d(e){return!(e&&"function"==typeof e&&e.apply&&!e[o])}},993:(e,t,r)=>{"use strict";r.d(t,{A$:()=>o,ET:()=>a,p_:()=>i});var n=r(860);const i={ERROR:"ERROR",WARN:"WARN",INFO:"INFO",DEBUG:"DEBUG",TRACE:"TRACE"},o={OFF:0,ERROR:1,WARN:2,INFO:3,DEBUG:4,TRACE:5},a="log";n.K7.logging},8154:(e,t,r)=>{"use strict";r.d(t,{z_:()=>o,XG:()=>s,TZ:()=>n,rs:()=>i,xV:()=>a});r(6154),r(9566),r(384);const n=r(860).K7.metrics,i="sm",o="cm",a="storeSupportabilityMetrics",s="storeEventMetrics"},6630:(e,t,r)=>{"use strict";r.d(t,{T:()=>n});const n=r(860).K7.pageViewEvent},782:(e,t,r)=>{"use strict";r.d(t,{T:()=>n});const n=r(860).K7.pageViewTiming},6344:(e,t,r)=>{"use strict";r.d(t,{G4:()=>i});var n=r(2614);r(860).K7.sessionReplay;const i={RECORD:"recordReplay",PAUSE:"pauseReplay",REPLAY_RUNNING:"replayRunning",ERROR_DURING_REPLAY:"errorDuringReplay"};n.g.ERROR,n.g.FULL,n.g.OFF},4234:(e,t,r)=>{"use strict";r.d(t,{W:()=>o});var n=r(7836),i=r(1687);class o{constructor(e,t){this.agentIdentifier=e,this.ee=n.ee.get(e),this.featureName=t,this.blocked=!1}deregisterDrain(){(0,i.x3)(this.agentIdentifier,this.featureName)}}},7603:(e,t,r)=>{"use strict";r.d(t,{j:()=>V});var n=r(860),i=r(2555),o=r(9908),a=r(1687),s=r(5289),c=r(6154),u=r(944),d=r(8154),l=r(384),f=r(6344);const g=["setErrorHandler","finished","addToTrace","addRelease","recordCustomEvent","addPageAction","setCurrentRouteName","setPageViewName","setCustomAttribute","interaction","noticeError","setUserId","setApplicationVersion","start",f.G4.RECORD,f.G4.PAUSE,"log","wrapLogger"],p=["setErrorHandler","finished","addToTrace","addRelease"];var m=r(1863),h=r(2614),v=r(993);var b=r(7836),y=r(2646),w=r(3434);const R=new Map;function A(e,t,r,n){if("object"!=typeof t||!t||"string"!=typeof r||!r||"function"!=typeof t[r])return(0,u.R)(29);const i=function(e){return(e||b.ee).get("logger")}(e),o=(0,w.YM)(i),a=new y.y(b.P);a.level=n.level,a.customAttributes=n.customAttributes;const s=t[r]?.[w.Jt]||t[r];return R.set(s,a),o.inPlace(t,[r],"wrap-logger-",(()=>R.get(s))),i}var E=r(3241),_=r(5701);function x(){const e=(0,l.pV)();g.forEach((t=>{e[t]=(...r)=>function(t,...r){let n=[];return Object.values(e.initializedAgents).forEach((e=>{e&&e.runtime?e.exposed&&e[t]&&"micro-agent"!==e.runtime.loaderType&&n.push(e[t](...r)):(0,u.R)(38,t)})),n[0]}(t,...r)}))}const N={};function I(e,t){t||(0,a.Ak)(e.agentIdentifier,"api");const l=e.ee.get("tracer");N[e.agentIdentifier]=h.g.OFF,e.ee.on(f.G4.REPLAY_RUNNING,(t=>{N[e.agentIdentifier]=t}));const g="api-",b=g+"ixn-";function y(t,r,n,o){const a=e.info;return null===r?delete a.jsAttributes[t]:(0,i.x1)(e.agentIdentifier,{...a,jsAttributes:{...a.jsAttributes,[t]:r}}),x(g,n,!0,o||null===r?"session":void 0)(t,r)}function w(){}e.log=function(t,{customAttributes:r={},level:i=v.p_.INFO}={}){(0,o.p)(d.xV,["API/log/called"],void 0,n.K7.metrics,e.ee),function(e,t,r={},i=v.p_.INFO){(0,o.p)(d.xV,["API/logging/".concat(i.toLowerCase(),"/called")],void 0,n.K7.metrics,e),(0,o.p)(v.ET,[(0,m.t)(),t,r,i],void 0,n.K7.logging,e)}(e.ee,t,r,i)},e.wrapLogger=(t,r,{customAttributes:i={},level:a=v.p_.INFO}={})=>{(0,o.p)(d.xV,["API/wrapLogger/called"],void 0,n.K7.metrics,e.ee),A(e.ee,t,r,{customAttributes:i,level:a})},p.forEach((t=>{e[t]=x(g,t,!0,"api")})),e.addPageAction=x(g,"addPageAction",!0,n.K7.genericEvents),e.recordCustomEvent=x(g,"recordCustomEvent",!0,n.K7.genericEvents),e.setPageViewName=function(t,r){if("string"==typeof t)return"/"!==t.charAt(0)&&(t="/"+t),e.runtime.customTransaction=(r||"http://custom.transaction")+t,x(g,"setPageViewName",!0)()},e.setCustomAttribute=function(e,t,r=!1){if("string"==typeof e){if(["string","number","boolean"].includes(typeof t)||null===t)return y(e,t,"setCustomAttribute",r);(0,u.R)(40,typeof t)}else(0,u.R)(39,typeof e)},e.setUserId=function(e){if("string"==typeof e||null===e)return y("enduser.id",e,"setUserId",!0);(0,u.R)(41,typeof e)},e.setApplicationVersion=function(e){if("string"==typeof e||null===e)return y("application.version",e,"setApplicationVersion",!1);(0,u.R)(42,typeof e)},e.start=()=>{try{(0,o.p)(d.xV,["API/start/called"],void 0,n.K7.metrics,e.ee),e.ee.emit("manual-start-all")}catch(e){(0,u.R)(23,e)}},e[f.G4.RECORD]=function(){(0,o.p)(d.xV,["API/recordReplay/called"],void 0,n.K7.metrics,e.ee),(0,o.p)(f.G4.RECORD,[],void 0,n.K7.sessionReplay,e.ee)},e[f.G4.PAUSE]=function(){(0,o.p)(d.xV,["API/pauseReplay/called"],void 0,n.K7.metrics,e.ee),(0,o.p)(f.G4.PAUSE,[],void 0,n.K7.sessionReplay,e.ee)},e.interaction=function(e){return(new w).get("object"==typeof e?e:{})};const R=w.prototype={createTracer:function(t,r){var i={},a=this,s="function"==typeof r;return(0,o.p)(d.xV,["API/createTracer/called"],void 0,n.K7.metrics,e.ee),e.runSoftNavOverSpa||(0,o.p)(b+"tracer",[(0,m.t)(),t,i],a,n.K7.spa,e.ee),function(){if(l.emit((s?"":"no-")+"fn-start",[(0,m.t)(),a,s],i),s)try{return r.apply(this,arguments)}catch(e){const t="string"==typeof e?new Error(e):e;throw l.emit("fn-err",[arguments,this,t],i),t}finally{l.emit("fn-end",[(0,m.t)()],i)}}}};function x(t,r,i,a){return function(){return(0,o.p)(d.xV,["API/"+r+"/called"],void 0,n.K7.metrics,e.ee),(0,E.W)({agentIdentifier:e.agentIdentifier,drained:!!_.B?.[e.agentIdentifier],type:"data",name:"api",feature:t+r,data:{notSpa:i,bufferGroup:a}}),a&&(0,o.p)(t+r,[i?(0,m.t)():performance.now(),...arguments],i?null:this,a,e.ee),i?void 0:this}}function I(){r.e(296).then(r.bind(r,8778)).then((({setAsyncAPI:t})=>{t(e),(0,a.Ze)(e.agentIdentifier,"api")})).catch((t=>{(0,u.R)(27,t),e.ee.abort()}))}return["actionText","setName","setAttribute","save","ignore","onEnd","getContext","end","get"].forEach((t=>{R[t]=x(b,t,void 0,e.runSoftNavOverSpa?n.K7.softNav:n.K7.spa)})),e.setCurrentRouteName=e.runSoftNavOverSpa?x(b,"routeName",void 0,n.K7.softNav):x(g,"routeName",!0,n.K7.spa),e.noticeError=function(t,r){"string"==typeof t&&(t=new Error(t)),(0,o.p)(d.xV,["API/noticeError/called"],void 0,n.K7.metrics,e.ee),(0,o.p)("err",[t,(0,m.t)(),!1,r,!!N[e.agentIdentifier]],void 0,n.K7.jserrors,e.ee)},c.RI?(0,s.GG)((()=>I()),!0):I(),!0}var k=r(5217),S=r(8122);const T={accountID:void 0,trustKey:void 0,agentID:void 0,licenseKey:void 0,applicationID:void 0,xpid:void 0},O={};var j=r(3371);const P=e=>{const t=e.startsWith("http");e+="/",r.p=t?e:"https://"+e},K=new Set;function V(e,t={},r,n){let{init:o,info:a,loader_config:s,runtime:u={},exposed:d=!0}=t;u.loaderType=r;const f=(0,l.pV)();a||(o=f.init,a=f.info,s=f.loader_config),(0,k.xN)(e.agentIdentifier,o||{}),function(e,t){if(!e)throw new Error("All loader-config objects require an agent identifier!");O[e]=(0,S.a)(t,T);const r=(0,l.nY)(e);r&&(r.loader_config=O[e])}(e.agentIdentifier,s||{}),a.jsAttributes??={},c.bv&&(a.jsAttributes.isWorker=!0),(0,i.x1)(e.agentIdentifier,a);const g=e.init,p=[a.beacon,a.errorBeacon];K.has(e.agentIdentifier)||(g.proxy.assets&&(P(g.proxy.assets),p.push(g.proxy.assets)),g.proxy.beacon&&p.push(g.proxy.beacon),x(),(0,l.US)("activatedFeatures",_.B),e.runSoftNavOverSpa&&=!0===g.soft_navigations.enabled&&g.feature_flags.includes("soft_nav")),u.denyList=[...g.ajax.deny_list||[],...g.ajax.block_internal?p:[]],u.ptid=e.agentIdentifier,(0,j.V)(e.agentIdentifier,u),K.has(e.agentIdentifier)||(e.ee=b.ee.get(e.agentIdentifier),e.exposed=d,I(e,n),(0,E.W)({agentIdentifier:e.agentIdentifier,drained:!!_.B?.[e.agentIdentifier],type:"lifecycle",name:"initialize",feature:void 0,data:e.config})),K.add(e.agentIdentifier)}},8374:(e,t,r)=>{r.nc=(()=>{try{return document?.currentScript?.nonce}catch(e){}return""})()},860:(e,t,r)=>{"use strict";r.d(t,{$J:()=>d,K7:()=>c,P3:()=>u,XX:()=>i,Yy:()=>s,df:()=>o,qY:()=>n,v4:()=>a});const n="events",i="jserrors",o="browser/blobs",a="rum",s="browser/logs",c={ajax:"ajax",genericEvents:"generic_events",jserrors:i,logging:"logging",metrics:"metrics",pageAction:"page_action",pageViewEvent:"page_view_event",pageViewTiming:"page_view_timing",sessionReplay:"session_replay",sessionTrace:"session_trace",softNav:"soft_navigations",spa:"spa"},u={[c.pageViewEvent]:1,[c.pageViewTiming]:2,[c.metrics]:3,[c.jserrors]:4,[c.spa]:5,[c.ajax]:6,[c.sessionTrace]:7,[c.softNav]:8,[c.sessionReplay]:9,[c.logging]:10,[c.genericEvents]:11},d={[c.pageViewEvent]:a,[c.pageViewTiming]:n,[c.ajax]:n,[c.spa]:n,[c.softNav]:n,[c.metrics]:i,[c.jserrors]:i,[c.sessionTrace]:o,[c.sessionReplay]:o,[c.logging]:s,[c.genericEvents]:"ins"}}},n={};function i(e){var t=n[e];if(void 0!==t)return t.exports;var o=n[e]={exports:{}};return r[e](o,o.exports,i),o.exports}i.m=r,i.d=(e,t)=>{for(var r in t)i.o(t,r)&&!i.o(e,r)&&Object.defineProperty(e,r,{enumerable:!0,get:t[r]})},i.f={},i.e=e=>Promise.all(Object.keys(i.f).reduce(((t,r)=>(i.f[r](e,t),t)),[])),i.u=e=>"nr-rum-1.286.0.min.js",i.o=(e,t)=>Object.prototype.hasOwnProperty.call(e,t),e={},t="NRBA-1.286.0.PROD:",i.l=(r,n,o,a)=>{if(e[r])e[r].push(n);else{var s,c;if(void 0!==o)for(var u=document.getElementsByTagName("script"),d=0;d<u.length;d++){var l=u[d];if(l.getAttribute("src")==r||l.getAttribute("data-webpack")==t+o){s=l;break}}if(!s){c=!0;var f={296:"sha512-+MkNp41sKZ0iYMHsept2X5HfDqyTLnDR9rprfuuxTRn6FVcYOei0L1PleWwmSuU2wrJDnMXcNYjTfSPQ3xYU/w=="};(s=document.createElement("script")).charset="utf-8",s.timeout=120,i.nc&&s.setAttribute("nonce",i.nc),s.setAttribute("data-webpack",t+o),s.src=r,0!==s.src.indexOf(window.location.origin+"/")&&(s.crossOrigin="anonymous"),f[a]&&(s.integrity=f[a])}e[r]=[n];var g=(t,n)=>{s.onerror=s.onload=null,clearTimeout(p);var i=e[r];if(delete e[r],s.parentNode&&s.parentNode.removeChild(s),i&&i.forEach((e=>e(n))),t)return t(n)},p=setTimeout(g.bind(null,void 0,{type:"timeout",target:s}),12e4);s.onerror=g.bind(null,s.onerror),s.onload=g.bind(null,s.onload),c&&document.head.appendChild(s)}},i.r=e=>{"undefined"!=typeof Symbol&&Symbol.toStringTag&&Object.defineProperty(e,Symbol.toStringTag,{value:"Module"}),Object.defineProperty(e,"__esModule",{value:!0})},i.p="https://js-agent.newrelic.com/",(()=>{var e={374:0,840:0};i.f.j=(t,r)=>{var n=i.o(e,t)?e[t]:void 0;if(0!==n)if(n)r.push(n[2]);else{var o=new Promise(((r,i)=>n=e[t]=[r,i]));r.push(n[2]=o);var a=i.p+i.u(t),s=new Error;i.l(a,(r=>{if(i.o(e,t)&&(0!==(n=e[t])&&(e[t]=void 0),n)){var o=r&&("load"===r.type?"missing":r.type),a=r&&r.target&&r.target.src;s.message="Loading chunk "+t+" failed.\n("+o+": "+a+")",s.name="ChunkLoadError",s.type=o,s.request=a,n[1](s)}}),"chunk-"+t,t)}};var t=(t,r)=>{var n,o,[a,s,c]=r,u=0;if(a.some((t=>0!==e[t]))){for(n in s)i.o(s,n)&&(i.m[n]=s[n]);if(c)c(i)}for(t&&t(r);u<a.length;u++)o=a[u],i.o(e,o)&&e[o]&&e[o][0](),e[o]=0},r=self["webpackChunk:NRBA-1.286.0.PROD"]=self["webpackChunk:NRBA-1.286.0.PROD"]||[];r.forEach(t.bind(null,0)),r.push=t.bind(null,r.push.bind(r))})(),(()=>{"use strict";i(8374);var e=i(944),t=i(6344),r=i(9566);class n{agentIdentifier;constructor(){this.agentIdentifier=(0,r.LA)(16)}#e(t,...r){if(this[t]!==n.prototype[t])return this[t](...r);(0,e.R)(35,t)}addPageAction(e,t){return this.#e("addPageAction",e,t)}recordCustomEvent(e,t){return this.#e("recordCustomEvent",e,t)}setPageViewName(e,t){return this.#e("setPageViewName",e,t)}setCustomAttribute(e,t,r){return this.#e("setCustomAttribute",e,t,r)}noticeError(e,t){return this.#e("noticeError",e,t)}setUserId(e){return this.#e("setUserId",e)}setApplicationVersion(e){return this.#e("setApplicationVersion",e)}setErrorHandler(e){return this.#e("setErrorHandler",e)}addRelease(e,t){return this.#e("addRelease",e,t)}log(e,t){return this.#e("log",e,t)}}class o extends n{#e(t,...r){if(this[t]!==o.prototype[t]&&this[t]!==n.prototype[t])return this[t](...r);(0,e.R)(35,t)}start(){return this.#e("start")}finished(e){return this.#e("finished",e)}recordReplay(){return this.#e(t.G4.RECORD)}pauseReplay(){return this.#e(t.G4.PAUSE)}addToTrace(e){return this.#e("addToTrace",e)}setCurrentRouteName(e){return this.#e("setCurrentRouteName",e)}interaction(){return this.#e("interaction")}wrapLogger(e,t,r){return this.#e("wrapLogger",e,t,r)}}var a=i(860),s=i(5217);const c=Object.values(a.K7);function u(e){const t={};return c.forEach((r=>{t[r]=function(e,t){return!0===(0,s.gD)(t,"".concat(e,".enabled"))}(r,e)})),t}var d=i(7603);var l=i(1687),f=i(4234),g=i(5289),p=i(6154),m=i(384);const h=e=>p.RI&&!0===(0,s.gD)(e,"privacy.cookies_enabled");function v(e){return!!(0,m.dV)().o.MO&&h(e)&&!0===(0,s.gD)(e,"session_trace.enabled")}var b=i(6389);class y extends f.W{constructor(e,t,r=!0){super(e.agentIdentifier,t),this.auto=r,this.abortHandler=void 0,this.featAggregate=void 0,this.onAggregateImported=void 0,!1===e.init[this.featureName].autoStart&&(this.auto=!1),this.auto?(0,l.Ak)(e.agentIdentifier,t):this.ee.on("manual-start-all",(0,b.J)((()=>{(0,l.Ak)(e.agentIdentifier,this.featureName),this.auto=!0,this.importAggregator(e)})))}importAggregator(t,r={}){if(this.featAggregate||!this.auto)return;let n;this.onAggregateImported=new Promise((e=>{n=e}));const o=async()=>{let o;try{if(h(this.agentIdentifier)){const{setupAgentSession:e}=await i.e(296).then(i.bind(i,3861));o=e(t)}}catch(t){(0,e.R)(20,t),this.ee.emit("internal-error",[t]),this.featureName===a.K7.sessionReplay&&this.abortHandler?.()}try{if(!this.#t(this.featureName,o))return(0,l.Ze)(this.agentIdentifier,this.featureName),void n(!1);const{lazyFeatureLoader:e}=await i.e(296).then(i.bind(i,6103)),{Aggregate:a}=await e(this.featureName,"aggregate");this.featAggregate=new a(t,r),t.runtime.harvester.initializedAggregates.push(this.featAggregate),n(!0)}catch(t){(0,e.R)(34,t),this.abortHandler?.(),(0,l.Ze)(this.agentIdentifier,this.featureName,!0),n(!1),this.ee&&this.ee.abort()}};p.RI?(0,g.GG)((()=>o()),!0):o()}#t(e,t){switch(e){case a.K7.sessionReplay:return v(this.agentIdentifier)&&!!t;case a.K7.sessionTrace:return!!t;default:return!0}}}var w=i(6630);class R extends y{static featureName=w.T;constructor(e,t=!0){super(e,w.T,t),this.importAggregator(e)}}var A=i(9908),E=i(2843),_=i(3878),x=i(782),N=i(1863);class I extends y{static featureName=x.T;constructor(e,t=!0){super(e,x.T,t),p.RI&&((0,E.u)((()=>(0,A.p)("docHidden",[(0,N.t)()],void 0,x.T,this.ee)),!0),(0,_.sp)("pagehide",(()=>(0,A.p)("winPagehide",[(0,N.t)()],void 0,x.T,this.ee))),this.importAggregator(e))}}var k=i(8154);class S extends y{static featureName=k.TZ;constructor(e,t=!0){super(e,k.TZ,t),p.RI&&document.addEventListener("securitypolicyviolation",(e=>{(0,A.p)(k.xV,["Generic/CSPViolation/Detected"],void 0,this.featureName,this.ee)})),this.importAggregator(e)}}new class extends o{constructor(t){super(),p.gm?(this.features={},(0,m.bQ)(this.agentIdentifier,this),this.desiredFeatures=new Set(t.features||[]),this.desiredFeatures.add(R),this.runSoftNavOverSpa=[...this.desiredFeatures].some((e=>e.featureName===a.K7.softNav)),(0,d.j)(this,t,t.loaderType||"agent"),this.run()):(0,e.R)(21)}get config(){return{info:this.info,init:this.init,loader_config:this.loader_config,runtime:this.runtime}}get api(){return this}run(){try{const t=u(this.agentIdentifier),r=[...this.desiredFeatures];r.sort(((e,t)=>a.P3[e.featureName]-a.P3[t.featureName])),r.forEach((r=>{if(!t[r.featureName]&&r.featureName!==a.K7.pageViewEvent)return;if(this.runSoftNavOverSpa&&r.featureName===a.K7.spa)return;if(!this.runSoftNavOverSpa&&r.featureName===a.K7.softNav)return;const n=function(e){switch(e){case a.K7.ajax:return[a.K7.jserrors];case a.K7.sessionTrace:return[a.K7.ajax,a.K7.pageViewEvent];case a.K7.sessionReplay:return[a.K7.sessionTrace];case a.K7.pageViewTiming:return[a.K7.pageViewEvent];default:return[]}}(r.featureName).filter((e=>!(e in this.features)));n.length>0&&(0,e.R)(36,{targetFeature:r.featureName,missingDependencies:n}),this.features[r.featureName]=new r(this)}))}catch(t){(0,e.R)(22,t);for(const e in this.features)this.features[e].abortHandler?.();const r=(0,m.Zm)();delete r.initializedAgents[this.agentIdentifier]?.features,delete this.sharedAggregator;return r.ee.get(this.agentIdentifier).abort(),!1}}}({features:[R,I,S],loaderType:"lite"})})()})();</script> <meta name="viewport" content="width=device-width, initial-scale=1"> <meta name="robots" content=""> <meta name="robots" content="max-image-preview:large"> <link rel="profile" href="http://gmpg.org/xfn/11"> <link rel="shortcut icon" type="image/x-icon" href="https://secure.gravatar.com/blavatar/d201a1df990833199d6472c26561fc73?s=32" sizes="16x16" /> <link rel="icon" type="image/x-icon" href="https://secure.gravatar.com/blavatar/d201a1df990833199d6472c26561fc73?s=32" sizes="16x16" /> <link rel="apple-touch-icon-precomposed" href="https://secure.gravatar.com/blavatar/d201a1df990833199d6472c26561fc73?s=114" /> <!-- //Nativo key value pairs --> <script type="text/javascript">!(function(o,_name){o[_name]=o[_name]||function n(){(n.q=n.q||[]).push(arguments)},o[_name].v=o[_name].v||2;!(function(o,t,n,f,e,i){function c(f,e){(f=(function(t,n){try{if(n=(t=o.localStorage).getItem("_aQS02NERCQkM0ODZFMzRCRjhGQzUxQkIzNDYtMQ"))return JSON.parse(n).lgk||[];if((t.getItem("v4ac1eiZr0")||"").split(",")[4]>0)return[[_name+"-engaged","true"]]}catch(f){}})())&&typeof f.forEach===n&&(e=o[t].pubads())&&f.forEach((function(o){o&&o[0]&&e.setTargeting(o[0],o[1]||"")}))}(i=o[t]=o[t]||{}).cmd=i.cmd||[],typeof i.pubads===n?c():typeof i.cmd.unshift===n?i.cmd.unshift(c):i.cmd.push(c)})(window,"googletag","function");})(window,String.fromCharCode(97,100,109,105,114,97,108));!(function(t,c,i){i=t.createElement(c),t=t.getElementsByTagName(c)[0],i.async=1,i.src="https://truculentrate.com/static/e297772d/732a7f83476493aedc29d7ff8caa.index.js",t.parentNode.insertBefore(i,t)})(document,"script");</script> <!-- Organization schema --> <script type="application/ld+json"> { "@context":"http://schema.org", "@type":"Organization", "name":"Commercial Observer", "logo":{ "@type":"ImageObject", "url": "https:\/\/commercialobserver.com\/wp-content\/themes\/observer-unchained\/images\/co_logo_dark.png", "height":60, "width":543 }, "url" : "https://commercialobserver.com", "sameAs" : [ "https://www.facebook.com/commobserver", "https://twitter.com/commobserver", "https://plus.google.com/+Commercialobserver", "https://www.linkedin.com/company/commercial-observer" ], "potentialAction":{ "@type":"SearchAction", "target":"https://commercialobserver.com/?s=search_term_string", "query-input":"required name=search_term_string" } } </script> <!-- End Organization schema --> <!-- WebPage schema --> <script type="application/ld+json"> { "@context":"http://schema.org", "@type":"WebPage", "url":"https:\/\/commercialobserver.com", "headline":"Commercial Observer", "dateModified":"2025-04-09 22:21:05", "image":{ "@type":"ImageObject", "url": "https:\/\/commercialobserver.com\/wp-content\/themes\/observer-unchained\/images\/co_logo_dark.png", "height":60, "width":543 }, "publisher":{ "@type":"Organization", "name":"Commercial Observer", "logo":{ "@type":"ImageObject", "url": "https:\/\/commercialobserver.com\/wp-content\/themes\/observer-unchained\/images\/co_logo_dark.png", "height":60, "width":543 } }, "description":"Commercial Real Estate, Leases, Sales, Financings, Mortgage Financings, Broker Profiles", "mainEntityOfPage":{ "@type":"WebPage", "inLanguage":"en-us", "name":"Commercial Observer", "@id":"https:\/\/commercialobserver.com" } } </script><!-- End WebPage schema --> <link rel="canonical" href="https://commercialobserver.com"> <meta name="description" content="For real estate trends &amp; commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, &amp; design."> <meta name="keywords" content="Commercial Real Estate, New York, leases, leasing, finance, financing, sales, infrastructure, construction, deals"> <meta name="news_keywords" content="Commercial Real Estate, New York, leases, leasing, finance, financing, sales, infrastructure, construction, deals"> <meta property="og:site_name" content="Commercial Observer"> <meta property="og:locale" content="en_US"> <meta property="fb:app_id" content="248567891940159"> <meta property="og:image" content="https://commercialobserver.com/wp-content/uploads/sites/3/2014/08/co-logo-square.png"> <meta property="og:image:width" content="400"> <meta property="og:image:height" content="400"> <meta property="og:image:type" content="image/png"> <meta property="og:type" content="website"> <meta property="og:url" content="https://commercialobserver.com"> <meta property="og:title" content="Commercial Real Estate News | Commercial Observer"> <meta property="og:description" content="For real estate trends &amp; commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, &amp; design."> <title>Commercial Real Estate News | Commercial Observer</title> <meta name='robots' content='max-image-preview:large' /> <!-- dataLayer Values for Google Tag Manager --> <!-- End dataLayer Values for Google Tag Manager --> <!-- Google Tag Manager --> <script>(function (w, d, s, l, i) { w[l] = w[l] || []; w[l].push({ 'gtm.start': new Date().getTime(), event: 'gtm.js' }); var f = d.getElementsByTagName(s)[0], j = d.createElement(s), dl = l != 'dataLayer' ? '&l=' + l : ''; j.defer = true; j.src = 'https://www.googletagmanager.com/gtm.js?id=' + i + dl; f.parentNode.insertBefore(j, f); })(window, document, 'script', 'dataLayer', 'GTM-WCGJ5DK');</script> <!-- End Google Tag Manager --> <link rel="preload" as="image" href="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Jeff-Blau-Wynn-New-York-City-rendering-credit-Related-Companies-and-Wynn-Resorts.jpg?quality=80&#038;crop=0px%2C29px%2C2000px%2C774px&#038;resize=737%2C285&#038;strip" /><link rel='dns-prefetch' href='//cdn.parsely.com' /> <link rel='dns-prefetch' href='//s.ntv.io' /> <link rel='dns-prefetch' href='//ak.sail-horizon.com' /> <link rel='dns-prefetch' href='//cdn.jwplayer.com' /> <link rel='dns-prefetch' href='//htlbid.com' /> <link rel='dns-prefetch' href='//stats.wp.com' /> <link rel="alternate" type="application/rss+xml" title="Commercial Observer &raquo; Feed" href="https://commercialobserver.com/feed/" /> <link rel="alternate" type="application/rss+xml" title="Commercial Observer &raquo; Comments Feed" href="https://commercialobserver.com/comments/feed/" /> <script type="text/javascript"> /* <![CDATA[ */ window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/commercialobserver.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=6.5.5"}}; /*! This file is auto-generated */ !function(i,n){var o,s,e;function c(e){try{var t={supportTests:e,timestamp:(new Date).valueOf()};sessionStorage.setItem(o,JSON.stringify(t))}catch(e){}}function p(e,t,n){e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(t,0,0);var t=new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data),r=(e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(n,0,0),new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data));return t.every(function(e,t){return e===r[t]})}function u(e,t,n){switch(t){case"flag":return n(e,"\ud83c\udff3\ufe0f\u200d\u26a7\ufe0f","\ud83c\udff3\ufe0f\u200b\u26a7\ufe0f")?!1:!n(e,"\ud83c\uddfa\ud83c\uddf3","\ud83c\uddfa\u200b\ud83c\uddf3")&&!n(e,"\ud83c\udff4\udb40\udc67\udb40\udc62\udb40\udc65\udb40\udc6e\udb40\udc67\udb40\udc7f","\ud83c\udff4\u200b\udb40\udc67\u200b\udb40\udc62\u200b\udb40\udc65\u200b\udb40\udc6e\u200b\udb40\udc67\u200b\udb40\udc7f");case"emoji":return!n(e,"\ud83d\udc26\u200d\u2b1b","\ud83d\udc26\u200b\u2b1b")}return!1}function f(e,t,n){var r="undefined"!=typeof WorkerGlobalScope&&self instanceof WorkerGlobalScope?new OffscreenCanvas(300,150):i.createElement("canvas"),a=r.getContext("2d",{willReadFrequently:!0}),o=(a.textBaseline="top",a.font="600 32px Arial",{});return e.forEach(function(e){o[e]=t(a,e,n)}),o}function t(e){var t=i.createElement("script");t.src=e,t.defer=!0,i.head.appendChild(t)}"undefined"!=typeof Promise&&(o="wpEmojiSettingsSupports",s=["flag","emoji"],n.supports={everything:!0,everythingExceptFlag:!0},e=new Promise(function(e){i.addEventListener("DOMContentLoaded",e,{once:!0})}),new Promise(function(t){var n=function(){try{var e=JSON.parse(sessionStorage.getItem(o));if("object"==typeof e&&"number"==typeof e.timestamp&&(new Date).valueOf()<e.timestamp+604800&&"object"==typeof e.supportTests)return e.supportTests}catch(e){}return null}();if(!n){if("undefined"!=typeof Worker&&"undefined"!=typeof OffscreenCanvas&&"undefined"!=typeof URL&&URL.createObjectURL&&"undefined"!=typeof Blob)try{var e="postMessage("+f.toString()+"("+[JSON.stringify(s),u.toString(),p.toString()].join(",")+"));",r=new Blob([e],{type:"text/javascript"}),a=new Worker(URL.createObjectURL(r),{name:"wpTestEmojiSupports"});return void(a.onmessage=function(e){c(n=e.data),a.terminate(),t(n)})}catch(e){}c(n=f(s,u,p))}t(n)}).then(function(e){for(var t in e)n.supports[t]=e[t],n.supports.everything=n.supports.everything&&n.supports[t],"flag"!==t&&(n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&n.supports[t]);n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&!n.supports.flag,n.DOMReady=!1,n.readyCallback=function(){n.DOMReady=!0}}).then(function(){return e}).then(function(){var e;n.supports.everything||(n.readyCallback(),(e=n.source||{}).concatemoji?t(e.concatemoji):e.wpemoji&&e.twemoji&&(t(e.twemoji),t(e.wpemoji)))}))}((window,document),window._wpemojiSettings); /* ]]> */ </script> <style id='wp-emoji-styles-inline-css'> img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 0.07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !important; } </style> <link rel='stylesheet' id='all-css-2' href='https://commercialobserver.com/wp-includes/css/dist/block-library/style.min.css?m=1742994388g' type='text/css' media='all' /> <style id='tenup-accordion-header-style-inline-css'> .wp-block-tenup-accordion-header{-webkit-appearance:none;-moz-appearance:none;appearance:none;background-color:transparent;border-color:transparent;border-width:0;cursor:pointer;flex-shrink:0;font-size:1rem;padding:0;transition:all .2s ease-in-out;width:100%}.wp-block-tenup-accordion-header.icon-position-left{flex-direction:row-reverse;justify-content:flex-end}.wp-block-tenup-accordion-item__title{text-align:left}.wp-block-tenup-accordion-item__icon{fill:currentColor;display:flex;width:1rem}.wp-block-tenup-accordion-item{overflow:hidden}[aria-expanded=false] .icon--expanded,[aria-expanded=true] .icon--collapsed{display:none} </style> <style id='tenup-accordion-style-inline-css'> .wp-block-tenup-accordion,.wp-block-tenup-accordion *>*{box-sizing:border-box}.wp-block-tenup-accordion-content{height:0;overflow:hidden;transition:height .3s ease-in-out,padding .3s ease-in-out}.wp-block-tenup-accordion-content[aria-hidden=true]{padding-bottom:0!important;padding-top:0!important}.wp-block-tenup-accordion-content[aria-hidden=false]{display:block}.wp-block-tenup-accordion.has-child-selected .wp-block-tenup-accordion-content,.wp-block-tenup-accordion.is-selected .wp-block-tenup-accordion-content{display:block;height:100%}[data-type="tenup/accordion"] .wp-block-tenup-accordion-content{transition:none!important}.wp-block-tenup-accordion:not(.has-child-selected) .wp-block-tenup-accordion-content,.wp-block-tenup-accordion:not(.is-selected) .wp-block-tenup-accordion-content{padding-bottom:0!important;padding-top:0!important}.wp-block-tenup-accordion.is-layout-flex{align-items:stretch!important} </style> <style id='wp-parsely-recommendations-style-inline-css'> .parsely-recommendations-list-title{font-size:1.2em}.parsely-recommendations-list{list-style:none;padding:unset}.parsely-recommendations-cardbody{overflow:hidden;padding:.8em;text-overflow:ellipsis;white-space:nowrap}.parsely-recommendations-cardmedia{padding:.8em .8em 0} </style> <link rel='stylesheet' id='all-css-10' href='https://commercialobserver.com/_static/??-eJzTLy/QzcxLzilNSS3WzyrWz01NyUxMzUnNTc0rQeEU5CRWphbp5qSmJyZX6uVm5uklFxfr6OPTDpRD5sM02efaGpqbGFlamhhbWAAARPQu8g==' type='text/css' media='all' /> <style id='jetpack-sharing-buttons-style-inline-css'> .jetpack-sharing-buttons__services-list{display:flex;flex-direction:row;flex-wrap:wrap;gap:0;list-style-type:none;margin:5px;padding:0}.jetpack-sharing-buttons__services-list.has-small-icon-size{font-size:12px}.jetpack-sharing-buttons__services-list.has-normal-icon-size{font-size:16px}.jetpack-sharing-buttons__services-list.has-large-icon-size{font-size:24px}.jetpack-sharing-buttons__services-list.has-huge-icon-size{font-size:36px}@media print{.jetpack-sharing-buttons__services-list{display:none!important}}.editor-styles-wrapper .wp-block-jetpack-sharing-buttons{gap:0;padding-inline-start:0}ul.jetpack-sharing-buttons__services-list.has-background{padding:1.25em 2.375em} </style> <style id='elasticpress-facet-style-inline-css'> .widget_ep-facet input[type=search],.wp-block-elasticpress-facet input[type=search]{margin-bottom:1rem}.widget_ep-facet .searchable .inner,.wp-block-elasticpress-facet .searchable .inner{max-height:20em;overflow:scroll}.widget_ep-facet .term.hide,.wp-block-elasticpress-facet .term.hide{display:none}.widget_ep-facet .empty-term,.wp-block-elasticpress-facet .empty-term{opacity:.5;position:relative}.widget_ep-facet .empty-term:after,.wp-block-elasticpress-facet .empty-term:after{bottom:0;content:" ";display:block;left:0;position:absolute;right:0;top:0;width:100%;z-index:2}.widget_ep-facet .level-1,.wp-block-elasticpress-facet .level-1{padding-left:20px}.widget_ep-facet .level-2,.wp-block-elasticpress-facet .level-2{padding-left:40px}.widget_ep-facet .level-3,.wp-block-elasticpress-facet .level-3{padding-left:60px}.widget_ep-facet .level-4,.wp-block-elasticpress-facet .level-4{padding-left:5pc}.widget_ep-facet .level-5,.wp-block-elasticpress-facet .level-5{padding-left:75pt}.widget_ep-facet input[disabled],.wp-block-elasticpress-facet input[disabled]{cursor:pointer;opacity:1}.widget_ep-facet .term a,.wp-block-elasticpress-facet .term a{-webkit-box-align:center;-ms-flex-align:center;align-items:center;display:-webkit-box;display:-ms-flexbox;display:flex;position:relative}.widget_ep-facet .term a:hover .ep-checkbox,.wp-block-elasticpress-facet .term a:hover .ep-checkbox{background-color:#ccc}.ep-checkbox{-webkit-box-align:center;-ms-flex-align:center;-ms-flex-negative:0;-webkit-box-pack:center;-ms-flex-pack:center;align-items:center;background-color:#eee;display:-webkit-box;display:-ms-flexbox;display:flex;flex-shrink:0;height:1em;justify-content:center;margin-right:.25em;width:1em}.ep-checkbox:after{border:solid #fff;border-width:0 .125em .125em 0;content:"";display:none;height:.5em;-webkit-transform:rotate(45deg);transform:rotate(45deg);width:.25em}.ep-checkbox.checked{background-color:#5e5e5e}.ep-checkbox.checked:after{display:block} </style> <link rel='stylesheet' id='all-css-14' href='https://commercialobserver.com/wp-content/mu-plugins/search/elasticpress/dist/css/related-posts-block-styles.min.css?m=1744125154g' type='text/css' media='all' /> <style id='global-styles-inline-css'> body{--wp--preset--color--black: #404040;--wp--preset--color--cyan-bluish-gray: #abb8c3;--wp--preset--color--white: #FFF;--wp--preset--color--pale-pink: #f78da7;--wp--preset--color--vivid-red: #cf2e2e;--wp--preset--color--luminous-vivid-orange: #ff6900;--wp--preset--color--luminous-vivid-amber: #fcb900;--wp--preset--color--light-green-cyan: #7bdcb5;--wp--preset--color--vivid-green-cyan: #00d084;--wp--preset--color--pale-cyan-blue: #8ed1fc;--wp--preset--color--vivid-cyan-blue: #0693e3;--wp--preset--color--vivid-purple: #9b51e0;--wp--preset--color--gray: #666;--wp--preset--color--dark-gray: #eee;--wp--preset--color--leases: #151CA2;--wp--preset--color--finance: #8c7509;--wp--preset--color--sales: #1d8664;--wp--preset--color--design-construction: #964b1e;--wp--preset--color--technology: #b40505;--wp--preset--color--markets: #b95d1b;--wp--preset--color--events: #415fd0;--wp--preset--color--videos: #07b;--wp--preset--color--videos-hover: #004e7b;--wp--preset--color--sustainability: #266429;--wp--preset--color--medium-gray: #878787;--wp--preset--color--pre-border: #eee;--wp--preset--color--card-hover: #949393;--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple: linear-gradient(135deg,rgba(6,147,227,1) 0%,rgb(155,81,224) 100%);--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan: linear-gradient(135deg,rgb(122,220,180) 0%,rgb(0,208,130) 100%);--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange: linear-gradient(135deg,rgba(252,185,0,1) 0%,rgba(255,105,0,1) 100%);--wp--preset--gradient--luminous-vivid-orange-to-vivid-red: linear-gradient(135deg,rgba(255,105,0,1) 0%,rgb(207,46,46) 100%);--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray: linear-gradient(135deg,rgb(238,238,238) 0%,rgb(169,184,195) 100%);--wp--preset--gradient--cool-to-warm-spectrum: linear-gradient(135deg,rgb(74,234,220) 0%,rgb(151,120,209) 20%,rgb(207,42,186) 40%,rgb(238,44,130) 60%,rgb(251,105,98) 80%,rgb(254,248,76) 100%);--wp--preset--gradient--blush-light-purple: linear-gradient(135deg,rgb(255,206,236) 0%,rgb(152,150,240) 100%);--wp--preset--gradient--blush-bordeaux: linear-gradient(135deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);--wp--preset--gradient--luminous-dusk: linear-gradient(135deg,rgb(255,203,112) 0%,rgb(199,81,192) 50%,rgb(65,88,208) 100%);--wp--preset--gradient--pale-ocean: linear-gradient(135deg,rgb(255,245,203) 0%,rgb(182,227,212) 50%,rgb(51,167,181) 100%);--wp--preset--gradient--electric-grass: linear-gradient(135deg,rgb(202,248,128) 0%,rgb(113,206,126) 100%);--wp--preset--gradient--midnight: linear-gradient(135deg,rgb(2,3,129) 0%,rgb(40,116,252) 100%);--wp--preset--font-size--small: 13px;--wp--preset--font-size--medium: clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.469), 20px);--wp--preset--font-size--large: clamp(22.041px, 1.378rem + ((1vw - 3.2px) * 1.091), 36px);--wp--preset--font-size--x-large: clamp(25.014px, 1.563rem + ((1vw - 3.2px) * 1.327), 42px);--wp--preset--font-size--co-xsmall: clamp(0.875rem, 0.875rem + ((1vw - 0.2rem) * 1), 0.875rem);--wp--preset--font-size--co-small: clamp(1rem, 1rem + ((1vw - 0.2rem) * 1), 1rem);--wp--preset--font-size--co-base: clamp(1.125rem, 1.125rem + ((1vw - 0.2rem) * 0.156), 1.25rem);--wp--preset--font-size--co-base-regular: clamp(1.125rem, 1.125rem + ((1vw - 0.2rem) * 1), 1.125rem);--wp--preset--font-size--co-base-medium: clamp(1.375rem, 1.375rem + ((1vw - 0.2rem) * 1), 1.375rem);--wp--preset--font-size--co-medium: clamp(1.5rem, 1.5rem + ((1vw - 0.2rem) * 1), 1.5rem);--wp--preset--font-size--co-large-medium: clamp(1rem, 1rem + ((1vw - 0.2rem) * 0.625), 1.5rem);--wp--preset--font-size--co-large: clamp(2.5rem, 2.5rem + ((1vw - 0.2rem) * 1), 2.5rem);--wp--preset--font-size--co-x-large: clamp(3.25rem, 3.25rem + ((1vw - 0.2rem) * 1), 3.25rem);--wp--preset--font-size--co-xx-large: clamp(2.5rem, 2.5rem + ((1vw - 0.2rem) * 1.719), 3.875rem);--wp--preset--font-family--co-sans-serif: 'PT Sans Narrow', 'Helvetica Neue', Helvetica, Arial, sans-serif;--wp--preset--font-family--co-serif: 'PT Serif', serif;--wp--preset--font-family--co-sans: 'PT Sans','Helvetica Neue',Helvetica,Arial,sans-serif;--wp--preset--spacing--20: 0.44rem;--wp--preset--spacing--30: 0.67rem;--wp--preset--spacing--40: 1rem;--wp--preset--spacing--50: 1.5rem;--wp--preset--spacing--60: 2.25rem;--wp--preset--spacing--70: 3.38rem;--wp--preset--spacing--80: 5.06rem;--wp--preset--spacing--xs: var(--wp--custom--spacing--xs);--wp--preset--spacing--s: var(--wp--custom--spacing--s);--wp--preset--spacing--2-s: var(--wp--custom--spacing--2-s);--wp--preset--spacing--m: var(--wp--custom--spacing--m);--wp--preset--spacing--2-m: var(--wp--custom--spacing--2-m);--wp--preset--spacing--3-m: var(--wp--custom--spacing--3-m);--wp--preset--spacing--l: var(--wp--custom--spacing--l);--wp--preset--spacing--2-l: var(--wp--custom--spacing--2-l);--wp--preset--spacing--3-l: var(--wp--custom--spacing--3-l);--wp--preset--spacing--xl: var(--wp--custom--spacing--xl);--wp--preset--spacing--2-xl: var(--wp--custom--spacing--2-xl);--wp--preset--spacing--3-xl: var(--wp--custom--spacing--3-xl);--wp--preset--spacing--4-xl: var(--wp--custom--spacing--4-xl);--wp--preset--shadow--natural: 6px 6px 9px rgba(0, 0, 0, 0.2);--wp--preset--shadow--deep: 12px 12px 50px rgba(0, 0, 0, 0.4);--wp--preset--shadow--sharp: 6px 6px 0px rgba(0, 0, 0, 0.2);--wp--preset--shadow--outlined: 6px 6px 0px -3px rgba(255, 255, 255, 1), 6px 6px rgba(0, 0, 0, 1);--wp--preset--shadow--crisp: 6px 6px 0px rgba(0, 0, 0, 1);--wp--custom--spacing--xs: 4px;--wp--custom--spacing--s: 8px;--wp--custom--spacing--2-s: 12px;--wp--custom--spacing--m: 16px;--wp--custom--spacing--2-m: 20px;--wp--custom--spacing--3-m: 24px;--wp--custom--spacing--4-m: 28px;--wp--custom--spacing--l: 32px;--wp--custom--spacing--2-l: 40px;--wp--custom--spacing--3-l: 48px;--wp--custom--spacing--xl: 56px;--wp--custom--spacing--2-xl: 64px;--wp--custom--spacing--3-xl: 72px;--wp--custom--spacing--4-xl: 80px;}body { margin: 0;--wp--style--global--content-size: 1170px;--wp--style--global--wide-size: 1170px; }.wp-site-blocks > .alignleft { float: left; margin-right: 2em; }.wp-site-blocks > .alignright { float: right; margin-left: 2em; }.wp-site-blocks > .aligncenter { justify-content: center; margin-left: auto; margin-right: auto; }:where(.wp-site-blocks) > * { margin-block-start: ; margin-block-end: 0; }:where(.wp-site-blocks) > :first-child:first-child { margin-block-start: 0; }:where(.wp-site-blocks) > :last-child:last-child { margin-block-end: 0; }body { --wp--style--block-gap: ; }body .is-layout-flow > .alignleft{float: left;margin-inline-start: 0;margin-inline-end: 2em;}body .is-layout-flow > .alignright{float: right;margin-inline-start: 2em;margin-inline-end: 0;}body .is-layout-flow > .aligncenter{margin-left: auto !important;margin-right: auto !important;}body .is-layout-constrained > .alignleft{float: left;margin-inline-start: 0;margin-inline-end: 2em;}body .is-layout-constrained > .alignright{float: right;margin-inline-start: 2em;margin-inline-end: 0;}body .is-layout-constrained > .aligncenter{margin-left: auto !important;margin-right: auto !important;}body .is-layout-constrained > :where(:not(.alignleft):not(.alignright):not(.alignfull)){max-width: var(--wp--style--global--content-size);margin-left: auto !important;margin-right: auto !important;}body .is-layout-constrained > .alignwide{max-width: var(--wp--style--global--wide-size);}body .is-layout-flex{display: flex;}body .is-layout-flex{flex-wrap: wrap;align-items: center;}body .is-layout-flex > *{margin: 0;}body .is-layout-grid{display: grid;}body .is-layout-grid > *{margin: 0;}body{background-color: var(--wp--preset--color--white);color: var(--wp--preset--color--black);font-family: var(--wp--preset--font-family--co-serif);font-size: var(--wp--preset--font-size--co-base);line-height: 1.66;}a:where(:not(.wp-element-button)){text-decoration: underline;}h1, h2, h3, h4, h5, h6{font-family: var(--wp--preset--font-family--co-sans-serif);line-height: 1.3;}.wp-element-button, .wp-block-button__link{background-color: #32373c;border-width: 0;color: #fff;font-family: inherit;font-size: inherit;line-height: inherit;padding: calc(0.667em + 2px) calc(1.333em + 2px);text-decoration: none;}.has-black-color{color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-color{color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-color{color: var(--wp--preset--color--white) !important;}.has-pale-pink-color{color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-color{color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-color{color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-color{color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-color{color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-color{color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-color{color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-color{color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-color{color: var(--wp--preset--color--vivid-purple) !important;}.has-gray-color{color: var(--wp--preset--color--gray) !important;}.has-dark-gray-color{color: var(--wp--preset--color--dark-gray) !important;}.has-leases-color{color: var(--wp--preset--color--leases) !important;}.has-finance-color{color: var(--wp--preset--color--finance) !important;}.has-sales-color{color: var(--wp--preset--color--sales) !important;}.has-design-construction-color{color: var(--wp--preset--color--design-construction) !important;}.has-technology-color{color: var(--wp--preset--color--technology) !important;}.has-markets-color{color: var(--wp--preset--color--markets) !important;}.has-events-color{color: var(--wp--preset--color--events) !important;}.has-videos-color{color: var(--wp--preset--color--videos) !important;}.has-videos-hover-color{color: var(--wp--preset--color--videos-hover) !important;}.has-sustainability-color{color: var(--wp--preset--color--sustainability) !important;}.has-medium-gray-color{color: var(--wp--preset--color--medium-gray) !important;}.has-pre-border-color{color: var(--wp--preset--color--pre-border) !important;}.has-card-hover-color{color: var(--wp--preset--color--card-hover) !important;}.has-black-background-color{background-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-background-color{background-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-background-color{background-color: var(--wp--preset--color--white) !important;}.has-pale-pink-background-color{background-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-background-color{background-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-background-color{background-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-background-color{background-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-background-color{background-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-background-color{background-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-background-color{background-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-background-color{background-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-background-color{background-color: var(--wp--preset--color--vivid-purple) !important;}.has-gray-background-color{background-color: var(--wp--preset--color--gray) !important;}.has-dark-gray-background-color{background-color: var(--wp--preset--color--dark-gray) !important;}.has-leases-background-color{background-color: var(--wp--preset--color--leases) !important;}.has-finance-background-color{background-color: var(--wp--preset--color--finance) !important;}.has-sales-background-color{background-color: var(--wp--preset--color--sales) !important;}.has-design-construction-background-color{background-color: var(--wp--preset--color--design-construction) !important;}.has-technology-background-color{background-color: var(--wp--preset--color--technology) !important;}.has-markets-background-color{background-color: var(--wp--preset--color--markets) !important;}.has-events-background-color{background-color: var(--wp--preset--color--events) !important;}.has-videos-background-color{background-color: var(--wp--preset--color--videos) !important;}.has-videos-hover-background-color{background-color: var(--wp--preset--color--videos-hover) !important;}.has-sustainability-background-color{background-color: var(--wp--preset--color--sustainability) !important;}.has-medium-gray-background-color{background-color: var(--wp--preset--color--medium-gray) !important;}.has-pre-border-background-color{background-color: var(--wp--preset--color--pre-border) !important;}.has-card-hover-background-color{background-color: var(--wp--preset--color--card-hover) !important;}.has-black-border-color{border-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-border-color{border-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-border-color{border-color: var(--wp--preset--color--white) !important;}.has-pale-pink-border-color{border-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-border-color{border-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-border-color{border-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-border-color{border-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-border-color{border-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-border-color{border-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-border-color{border-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-border-color{border-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-border-color{border-color: var(--wp--preset--color--vivid-purple) !important;}.has-gray-border-color{border-color: var(--wp--preset--color--gray) !important;}.has-dark-gray-border-color{border-color: var(--wp--preset--color--dark-gray) !important;}.has-leases-border-color{border-color: var(--wp--preset--color--leases) !important;}.has-finance-border-color{border-color: var(--wp--preset--color--finance) !important;}.has-sales-border-color{border-color: var(--wp--preset--color--sales) !important;}.has-design-construction-border-color{border-color: var(--wp--preset--color--design-construction) !important;}.has-technology-border-color{border-color: var(--wp--preset--color--technology) !important;}.has-markets-border-color{border-color: var(--wp--preset--color--markets) !important;}.has-events-border-color{border-color: var(--wp--preset--color--events) !important;}.has-videos-border-color{border-color: var(--wp--preset--color--videos) !important;}.has-videos-hover-border-color{border-color: var(--wp--preset--color--videos-hover) !important;}.has-sustainability-border-color{border-color: var(--wp--preset--color--sustainability) !important;}.has-medium-gray-border-color{border-color: var(--wp--preset--color--medium-gray) !important;}.has-pre-border-border-color{border-color: var(--wp--preset--color--pre-border) !important;}.has-card-hover-border-color{border-color: var(--wp--preset--color--card-hover) !important;}.has-vivid-cyan-blue-to-vivid-purple-gradient-background{background: var(--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple) !important;}.has-light-green-cyan-to-vivid-green-cyan-gradient-background{background: var(--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan) !important;}.has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange) !important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background: var(--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background: var(--wp--preset--gradient--cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background: var(--wp--preset--gradient--blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background: var(--wp--preset--gradient--blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background: var(--wp--preset--gradient--luminous-dusk) !important;}.has-pale-ocean-gradient-background{background: var(--wp--preset--gradient--pale-ocean) !important;}.has-electric-grass-gradient-background{background: var(--wp--preset--gradient--electric-grass) !important;}.has-midnight-gradient-background{background: var(--wp--preset--gradient--midnight) !important;}.has-small-font-size{font-size: var(--wp--preset--font-size--small) !important;}.has-medium-font-size{font-size: var(--wp--preset--font-size--medium) !important;}.has-large-font-size{font-size: var(--wp--preset--font-size--large) !important;}.has-x-large-font-size{font-size: var(--wp--preset--font-size--x-large) !important;}.has-co-xsmall-font-size{font-size: var(--wp--preset--font-size--co-xsmall) !important;}.has-co-small-font-size{font-size: var(--wp--preset--font-size--co-small) !important;}.has-co-base-font-size{font-size: var(--wp--preset--font-size--co-base) !important;}.has-co-base-regular-font-size{font-size: var(--wp--preset--font-size--co-base-regular) !important;}.has-co-base-medium-font-size{font-size: var(--wp--preset--font-size--co-base-medium) !important;}.has-co-medium-font-size{font-size: var(--wp--preset--font-size--co-medium) !important;}.has-co-large-medium-font-size{font-size: var(--wp--preset--font-size--co-large-medium) !important;}.has-co-large-font-size{font-size: var(--wp--preset--font-size--co-large) !important;}.has-co-x-large-font-size{font-size: var(--wp--preset--font-size--co-x-large) !important;}.has-co-xx-large-font-size{font-size: var(--wp--preset--font-size--co-xx-large) !important;}.has-co-sans-serif-font-family{font-family: var(--wp--preset--font-family--co-sans-serif) !important;}.has-co-serif-font-family{font-family: var(--wp--preset--font-family--co-serif) !important;}.has-co-sans-font-family{font-family: var(--wp--preset--font-family--co-sans) !important;} .wp-block-navigation a:where(:not(.wp-element-button)){color: inherit;} .wp-block-pullquote{font-size: clamp(0.984em, 0.984rem + ((1vw - 0.2em) * 0.645), 1.5em);line-height: 1.6;} </style> <link rel='stylesheet' id='all-css-16' href='https://commercialobserver.com/_static/??-eJxtjksOwjAMRC+EawFBhQXiLG1iWqM4ifJp1NsTECCQWFnz7Jkx1gDau0wuY7BlYpdQyPAAOrbRYBkta9Tpl3fCrmtwg18BeSahhH5MFBeKUJyeB3ZkMOXV0l/Pu/RWIdhhba4erj5COwmRhIs8VpXNRPn5xUfBK+4i522v9kqdjrvDHfohTF8=' type='text/css' media='all' /> <link rel='stylesheet' id='screen-css-16' href='https://commercialobserver.com/wp-content/themes/observer-unchained/inc/plugins/white-papers/css/select2.min.css?m=1743116122g' type='text/css' media='screen' /> <script async type="text/javascript" async="async" src="//s.ntv.io/serve/load.js?ver=20200731" id="nativo-async-js"></script> <script type="text/javascript" src="https://commercialobserver.com/_static/??-eJytzFEOwiAQBNALSTeg0S/jWSpMBQJbZMHG20uaHsFkkvmZebQVFdim7iAUR94d9XvUlANPUU40RnblBm7UPPKYrk9B/aCqztbPgeFoMFRSfwUW2nxoUGUuqDsrSLDN/A9c6n53Q3vku75dzlpftTHxB36mTYk=" ></script><script type="text/javascript" src="https://cdn.jwplayer.com/libraries/JbLDKTXE.js?ver=6.5.5" id="jwppp-library-js"></script> <script type="text/javascript" src="https://commercialobserver.com/wp-content/plugins/jw-player-7-for-wp-premium/jw-widget/js/jw-widget-min.js?m=1743116121g" ></script><script async type="text/javascript" src="https://htlbid.com/v3/commercialobserver.com/htlbid.js?ver=3.0" id="hashtag-labs-async-js"></script> <script type="text/javascript" id="piano-get-triggers-js-extra"> /* <![CDATA[ */ var piano_getTriggerData = {"debug_mode":"","offers":{"lite":{"offerId":"OF0RAOJACRDD","termId":"TMA7WKAGJES9","formName":"premium"},"premium":{"offerId":"OFZAHNG3CM01","termId":"TML2Y4EZAK6J","formName":"premium"},"premium-no-trial":{"offerId":"OFJ6KX2HDRL6","termId":"TMTAI324TC77","formName":"premium"},"premium-monthly-no-trial":{"offerId":"OF4TJU23FKHQ","termId":"TMVTFDEZQ2FR","formName":"premium"},"premium-plus":{"offerId":"OFD3WN04KOEW","termId":"TM4NVOEL2CZZ","formName":"premium_plus"},"premium-plus-no-trial":{"offerId":"OFJ6KX2HDRL6","termId":"TM60ZCB5D96B","formName":"premium_plus"},"holiday21":{"offerId":"OFRCEGKYN632","termId":"TMREMENW4051","formName":"premium_plus"},"referral":{"offerId":"OFJ6KX2HDRL6","termId":"TM8VB8SZA55U","formName":"premium"},"expert":{"offerId":"OFIP9FIFNU3L","termId":"TMDC4QTCJ5RK","formName":"expert"},"expert-no-trial":{"offerId":"OFM90ZWWRPH2","termId":"TMRJX2A9ODPZ","formName":"expert"},"expert-dynamic":{"offerId":"OFDZXAHHJV7O","termId":"TMQCYG29367J","formName":"expert"},"professional":{"offerId":"OF2MMCB6XR8B","termId":"TMWVCCY6O4VQ","formName":"professional"},"professional-no-trial":{"offerId":"OFTLLS2PEQSB","termId":"TMPXH0QX14EW","formName":"professional"},"corporate-connect-5":{"offerId":"OFMLMZYEX2HL","termId":"TMSPY1TWKSUR","formName":"corporate"},"corporate-connect-10":{"offerId":"OFMLMZYEX2HL","termId":"TMGQ9E0Q1EYG","formName":"corporate"},"corporate-connect-15":{"offerId":"OFMLMZYEX2HL","termId":"TM44QU9RAL9R","formName":"corporate"},"corporate-connect-20":{"offerId":"OFMLMZYEX2HL","termId":"TMGA72C7FGD1","formName":"corporate"},"corporate-connect-30":{"offerId":"OFMLMZYEX2HL","termId":"TM5XQJXRJNBY","formName":"corporate"},"corporate-connect-40":{"offerId":"OFMLMZYEX2HL","termId":"TMIJK20BWIW2","formName":"corporate"},"corporate-connect-50":{"offerId":"OFMLMZYEX2HL","termId":"TMRYBVC0SYH0","formName":"corporate"},"corporate-connect-75":{"offerId":"OFMLMZYEX2HL","termId":"TMKQM2HQSKO6","formName":"corporate"},"corporate-connect-100":{"offerId":"OFMLMZYEX2HL","termId":"TMOU61NM1B76","formName":"corporate"}}}; /* ]]> */ </script> <script type="text/javascript" id="piano-ecomm-js-extra"> /* <![CDATA[ */ var piano_postData = {"debug_mode":"","postID":"518971","postTitle":"UCLA Health Renews 22K-SF Medical Office Lease in Santa Monica","postCategory":["Channel","Leases","Office Leases"]}; /* ]]> */ </script> <script type="text/javascript" id="piano-middleware-js-extra"> /* <![CDATA[ */ var piano_middleware = {"debug_mode":"","ajaxurl":"https:\/\/commercialobserver.com\/wp-admin\/admin-ajax.php","nonceURL":"https:\/\/commercialobserver.com\/wp-json\/piano\/nonce"}; /* ]]> */ </script> <script type="text/javascript" src="https://commercialobserver.com/_static/??-eJylzEEOwjAMBdELEUxpJcQCcZaQfKWJaruy0/b69AywHs2jYw1JpUM69RkMJ/04bIeFTdIcqyBTc2LN23LWtUbRUNBDt1oKzK/NL/Qbg6TMf/xcc15wRMOJvPk1PKbxfhum59i+QXxQ+Q==" ></script><link rel="https://api.w.org/" href="https://commercialobserver.com/wp-json/" /><link rel="EditURI" type="application/rsd+xml" title="RSD" href="https://commercialobserver.com/xmlrpc.php?rsd" /> <meta name="generator" content="WordPress 6.5.5" /> <link rel='shortlink' href='http://nyob.co/16SA4J7' /> <!-- OneTrust Cookies Consent Notice start --> <script async src="https://cdn.cookielaw.org/scripttemplates/otSDKStub.js" id="otSDKStub" type="text/javascript" charset="UTF-8" data-domain-script="dd6103a5-d710-4366-8b1f-2670496b5c48"></script> <script type="text/javascript"> function OptanonWrapper() { } </script> <!-- OneTrust Cookies Consent Notice end --> <style>img#wpstats{display:none}</style> <script type="application/ld+json">{"@context":"https:\/\/schema.org","@type":"WebPage","headline":"Commercial Observer","url":"https:\/\/commercialobserver.com"}</script> <!-- Hashtag Labs --> <script> window.htlbid = window.htlbid || {}; htlbid.cmd = htlbid.cmd || []; htlbid.cmd.push(function() { htlbid.layout(''); // Leave empty string or add custom layout htlbid.setTargeting("is_testing", "no"); htlbid.setTargeting("is_home", "yes"); htlbid.setTargeting("url", "https:\/\/commercialobserver.com"); htlbid.setTargeting("tag", ""); htlbid.setTargeting("sponsored", ""); htlbid.setTargeting("articleID", "section_home"); htlbid.setTargeting("author", ""); htlbid.setTargeting("section", ""); htlbid.setTargeting("channels", ""); htlbid.setTargeting("pagetype", "home"); htlbid.setTargeting("market", ""); htlbid.setTargeting("section_front", "section_home"); htlbid.setTargeting("brandsafe", "yes"); }); </script> <!-- Bombora --> <script> (function (w,d,t) { _ml = w._ml || {}; _ml.eid = '89160'; var s, cd, tag; s = d.getElementsByTagName(t)[0]; cd = new Date(); tag = d.createElement(t); tag.async = 1; tag.src = 'https://ml314.com/tag.aspx?' + cd.getDate() + cd.getMonth(); s.parentNode.insertBefore(tag, s); })(window,document,'script'); </script> <!-- End Bombora --> <!-- Chartbeat Analytics, needs to be post-canonical declaration --> </head> <body class="home blog group-blog hfeed"> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-WCGJ5DK" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <!-- End Google Tag Manager (noscript) --> <!-- Hashtag Labs Ad commercialobserver_skin --> <div class="ad-wrapper ad-skin htlad-commercialobserver_skin" id="commercialobserver_skin"></div> <div id="page" class="site"> <a class="skip-link screen-reader-text" href="#content">Skip to content</a> <header id="masthead" class="site-header" role="banner"> <div class="piano piano--header piano--header_bar"></div> <!-- Hashtag Labs Ad commercialobserver_leaderboard_atf_dsk --> <div class="ad-wrapper ad-header htlad-commercialobserver_leaderboard_atf_dsk" id="commercialobserver_leaderboard_atf_dsk"></div> <!-- pushdown use menu bar lockup for height --> <div id="menu-bar-lockup" class="menu-bar-lockup"> <button id="hamburglar" aria-label="View Menu"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" class="icon" width="20" height="20"><path fill="currentColor" d="M16 132h416c8.837 0 16-7.163 16-16V76c0-8.837-7.163-16-16-16H16C7.163 60 0 67.163 0 76v40c0 8.837 7.163 16 16 16zm0 160h416c8.837 0 16-7.163 16-16v-40c0-8.837-7.163-16-16-16H16c-8.837 0-16 7.163-16 16v40c0 8.837 7.163 16 16 16zm0 160h416c8.837 0 16-7.163 16-16v-40c0-8.837-7.163-16-16-16H16c-8.837 0-16 7.163-16 16v40c0 8.837 7.163 16 16 16z"/></svg> </button> <div class="site-branding"> <a href="https://commercialobserver.com/" title="Commercial Observer Home" rel="home"> <img src="https://commercialobserver.com/wp-content/themes/observer-unchained/images/co_logo_white.png" alt="" width="188" height="21"> </a> </div><!-- .site-branding --> <nav id="site-navigation" class="main-navigation" role="navigation" aria-label="Main Navigation"> <div class="menu-main-menu-container"><ul id="menu-main-menu" class="menu"><li id="menu-item-506273" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children industry dropdown"><a class="">Industry</a><button type="button" aria-label="More Industry items" aria-controls="menu-items-506273" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-506273'> <li id="menu-item-506270" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type residential"><a href="https://commercialobserver.com/residential/" class="">Residential</a></li> <li id="menu-item-506269" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type office"><a href="https://commercialobserver.com/office/" class="">Office</a></li> <li id="menu-item-506271" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type retail"><a href="https://commercialobserver.com/retail/" class="">Retail</a></li> <li id="menu-item-506263" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type industrial"><a href="https://commercialobserver.com/industrial/" class="">Industrial</a></li> <li id="menu-item-506262" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type hospitality"><a href="https://commercialobserver.com/hospitality/" class="">Hospitality</a></li> <li id="menu-item-518069" class="menu-item menu-item-type-custom menu-item-object-custom land"><a href="https://commercialobserver.com/land/" class="">Land</a></li> <li id="menu-item-506261" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type healthcare"><a href="https://commercialobserver.com/healthcare/" class="">Healthcare</a></li> <li id="menu-item-506267" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type life-sciences"><a href="https://commercialobserver.com/life-sciences/" class="">Life Sciences</a></li> <li id="menu-item-506272" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type special-purpose"><a href="https://commercialobserver.com/special-purpose/" class="">Special Purpose</a></li> <li id="menu-item-506268" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type mixed-use"><a href="https://commercialobserver.com/mixed-use/" class="">Mixed-Use</a></li> </ul></div> </li> <li id="menu-item-330494" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children markets dropdown"><a class="">Markets</a><button type="button" aria-label="More Markets items" aria-controls="menu-items-330494" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-330494'> <li id="menu-item-330495" class="menu-item menu-item-type-taxonomy menu-item-object-market los-angeles"><a href="https://commercialobserver.com/market/los-angeles/" class="">Los Angeles</a></li> <li id="menu-item-330496" class="menu-item menu-item-type-taxonomy menu-item-object-market new-york-city"><a href="https://commercialobserver.com/market/new-york-city/" class="">New York City</a></li> <li id="menu-item-330497" class="menu-item menu-item-type-taxonomy menu-item-object-market manhattan"><a href="https://commercialobserver.com/market/manhattan/" class="">Manhattan</a></li> <li id="menu-item-330499" class="menu-item menu-item-type-taxonomy menu-item-object-market queens"><a href="https://commercialobserver.com/market/queens/" class="">Queens</a></li> <li id="menu-item-330500" class="menu-item menu-item-type-taxonomy menu-item-object-market bronx"><a href="https://commercialobserver.com/market/bronx/" class="">Bronx</a></li> <li id="menu-item-330501" class="menu-item menu-item-type-taxonomy menu-item-object-market national"><a href="https://commercialobserver.com/market/national/" class="">National</a></li> <li id="menu-item-337497" class="menu-item menu-item-type-taxonomy menu-item-object-market washington-dc"><a href="https://commercialobserver.com/market/washington-dc/" class="">Washington DC</a></li> <li id="menu-item-495442" class="menu-item menu-item-type-custom menu-item-object-custom south-florida"><a href="https://commercialobserver.com/market/south-florida/" class="">South Florida</a></li> </ul></div> </li> <li id="menu-item-316128" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children leases dropdown"><a href="https://commercialobserver.com/leases/" class="">Leases</a><button type="button" aria-label="More Leases items" aria-controls="menu-items-316128" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316128'> <li id="menu-item-316130" class="menu-item menu-item-type-taxonomy menu-item-object-category office-leases"><a href="https://commercialobserver.com/leases/office/" class="">Office Leases</a></li> <li id="menu-item-506339" class="menu-item menu-item-type-taxonomy menu-item-object-category ground-lease"><a href="https://commercialobserver.com/leases/ground-lease/" class="">Ground Lease</a></li> <li id="menu-item-507249" class="menu-item menu-item-type-taxonomy menu-item-object-category sublease"><a href="https://commercialobserver.com/leases/sublease/" class="">Sublease</a></li> <li id="menu-item-506345" class="menu-item menu-item-type-taxonomy menu-item-object-category tenant-talk"><a href="https://commercialobserver.com/leases/tenant-talk/" class="">Tenant Talk</a></li> <li id="menu-item-470684" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/leases/lease-deals-of-the-week/" class="">Deals of the Week</a></li> <li id="menu-item-316132" class="menu-item menu-item-type-taxonomy menu-item-object-category all-leases"><a href="https://commercialobserver.com/leases/" class="">All Leases</a></li> </ul></div> </li> <li id="menu-item-316133" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children finance dropdown"><a href="https://commercialobserver.com/finance/" class="">Finance</a><button type="button" aria-label="More Finance items" aria-controls="menu-items-316133" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316133'> <li id="menu-item-316134" class="menu-item menu-item-type-taxonomy menu-item-object-category acquisition"><a href="https://commercialobserver.com/finance/acquisition/" class="">Acquisition</a></li> <li id="menu-item-316135" class="menu-item menu-item-type-taxonomy menu-item-object-category cmbs"><a href="https://commercialobserver.com/finance/cmbs/" class="">CMBS</a></li> <li id="menu-item-316136" class="menu-item menu-item-type-taxonomy menu-item-object-category construction-financing"><a href="https://commercialobserver.com/finance/construction/" class="">Construction Financing</a></li> <li id="menu-item-378773" class="menu-item menu-item-type-taxonomy menu-item-object-category distress"><a href="https://commercialobserver.com/finance/distress/" class="">Distress</a></li> <li id="menu-item-316137" class="menu-item menu-item-type-taxonomy menu-item-object-category refinance"><a href="https://commercialobserver.com/finance/refinance/" class="">Refinance</a></li> <li id="menu-item-470683" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/finance/finance-deals-of-the-week/" class="">Deals of the Week</a></li> <li id="menu-item-316138" class="menu-item menu-item-type-taxonomy menu-item-object-category all-finance"><a href="https://commercialobserver.com/finance/" class="">All Finance</a></li> </ul></div> </li> <li id="menu-item-316139" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children investments dropdown"><a href="https://commercialobserver.com/sales/" class="">Investments</a><button type="button" aria-label="More Investments items" aria-controls="menu-items-316139" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316139'> <li id="menu-item-506666" class="menu-item menu-item-type-taxonomy menu-item-object-category development-site-sale"><a href="https://commercialobserver.com/sales/development-site-sale/" class="">Development Site Sale</a></li> <li id="menu-item-506671" class="menu-item menu-item-type-taxonomy menu-item-object-category portfolio-sale"><a href="https://commercialobserver.com/sales/portfolio-sale/" class="">Portfolio Sale</a></li> <li id="menu-item-507582" class="menu-item menu-item-type-taxonomy menu-item-object-category sale-leaseback"><a href="https://commercialobserver.com/sales/sale-leaseback/" class="">Sale-Leaseback</a></li> <li id="menu-item-507581" class="menu-item menu-item-type-taxonomy menu-item-object-category value-add"><a href="https://commercialobserver.com/sales/value-add/" class="">Value-Add</a></li> <li id="menu-item-470680" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/sales/sales-deals-of-the-week/" class="">Deals of the Week</a></li> <li id="menu-item-316146" class="menu-item menu-item-type-taxonomy menu-item-object-category all-sales"><a href="https://commercialobserver.com/sales/" class="">All Sales</a></li> </ul></div> </li> <li id="menu-item-316148" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children development dropdown"><a href="https://commercialobserver.com/development/" class="">Development</a><button type="button" aria-label="More Development items" aria-controls="menu-items-316148" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316148'> <li id="menu-item-316149" class="menu-item menu-item-type-taxonomy menu-item-object-category architecture"><a href="https://commercialobserver.com/development/architecture/" class="">Architecture</a></li> <li id="menu-item-316150" class="menu-item menu-item-type-taxonomy menu-item-object-category construction"><a href="https://commercialobserver.com/development/construction/" class="">Construction</a></li> <li id="menu-item-507230" class="menu-item menu-item-type-taxonomy menu-item-object-category conversion"><a href="https://commercialobserver.com/development/conversion/" class="">Conversion</a></li> <li id="menu-item-506319" class="menu-item menu-item-type-taxonomy menu-item-object-category redevelopment"><a href="https://commercialobserver.com/development/redevelopment/" class="">Redevelopment</a></li> <li id="menu-item-507237" class="menu-item menu-item-type-taxonomy menu-item-object-category sustainability"><a href="https://commercialobserver.com/development/sustainability/" class="">Sustainability</a></li> <li id="menu-item-316156" class="menu-item menu-item-type-taxonomy menu-item-object-category all-development"><a href="https://commercialobserver.com/development/" class="">All Development</a></li> </ul></div> </li> <li id="menu-item-507310" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children capital-markets dropdown"><a href="https://commercialobserver.com/capital-markets/" class="">Capital Markets</a><button type="button" aria-label="More Capital Markets items" aria-controls="menu-items-507310" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-507310'> <li id="menu-item-507311" class="menu-item menu-item-type-taxonomy menu-item-object-category alternative-lending"><a href="https://commercialobserver.com/capital-markets/alternative-lending/" class="">Alternative Lending</a></li> <li id="menu-item-507312" class="menu-item menu-item-type-taxonomy menu-item-object-category earnings"><a href="https://commercialobserver.com/capital-markets/earnings/" class="">Earnings</a></li> <li id="menu-item-507595" class="menu-item menu-item-type-taxonomy menu-item-object-category economy"><a href="https://commercialobserver.com/capital-markets/economy/" class="">Economy</a></li> <li id="menu-item-507313" class="menu-item menu-item-type-taxonomy menu-item-object-category foreign-investments"><a href="https://commercialobserver.com/capital-markets/foreign-investments/" class="">Foreign Investments</a></li> <li id="menu-item-507314" class="menu-item menu-item-type-taxonomy menu-item-object-category private-credit"><a href="https://commercialobserver.com/capital-markets/private-credit/" class="">Private Credit</a></li> <li id="menu-item-507315" class="menu-item menu-item-type-taxonomy menu-item-object-category private-equity"><a href="https://commercialobserver.com/capital-markets/private-equity/" class="">Private Equity</a></li> <li id="menu-item-507316" class="menu-item menu-item-type-taxonomy menu-item-object-category public-markets"><a href="https://commercialobserver.com/capital-markets/public-markets/" class="">Public Markets</a></li> <li id="menu-item-507317" class="menu-item menu-item-type-taxonomy menu-item-object-category reits"><a href="https://commercialobserver.com/capital-markets/reits/" class="">REITs</a></li> <li id="menu-item-507385" class="menu-item menu-item-type-taxonomy menu-item-object-category all-capital-markets"><a href="https://commercialobserver.com/capital-markets/" class="">All Capital Markets</a></li> </ul></div> </li> <li id="menu-item-331990" class="menu-item menu-item-type-taxonomy menu-item-object-category tech"><a href="https://commercialobserver.com/technology/" class="">Tech</a></li> <li id="menu-item-350969" class="menu-item menu-item-type-post_type_archive menu-item-object-print_issue weekly-issue"><a href="https://commercialobserver.com/magazine/" class="">Weekly Issue</a></li> <li id="menu-item-412914" class="menu-item menu-item-type-post_type menu-item-object-page events"><a href="https://commercialobserver.com/commercial-observer-events/" class="">Events</a></li> <li id="menu-item-476308" class="menu-item menu-item-type-custom menu-item-object-custom power"><a href="https://commercialobserver.com/commercial-observer-power-series/" class="">Power</a></li> <li id="menu-item-316157" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children more dropdown"><a href="https://commercialobserver.com/more/" class="">More</a><button type="button" aria-label="More More items" aria-controls="menu-items-316157" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316157'> <li id="menu-item-316163" class="menu-item menu-item-type-taxonomy menu-item-object-category players"><a href="https://commercialobserver.com/more/players/" class="">Players</a></li> <li id="menu-item-316162" class="menu-item menu-item-type-taxonomy menu-item-object-category legal"><a href="https://commercialobserver.com/legal/" class="">Legal</a></li> <li id="menu-item-517983" class="menu-item menu-item-type-taxonomy menu-item-object-category policy"><a href="https://commercialobserver.com/policy/" class="">Policy</a></li> <li id="menu-item-316160" class="menu-item menu-item-type-taxonomy menu-item-object-category features"><a href="https://commercialobserver.com/more/features/" class="">Features</a></li> <li id="menu-item-316158" class="menu-item menu-item-type-taxonomy menu-item-object-category research-analysis"><a href="https://commercialobserver.com/more/research-analysis/" class="">Research &amp; Analysis</a></li> <li id="menu-item-316159" class="menu-item menu-item-type-taxonomy menu-item-object-category columnists"><a href="https://commercialobserver.com/more/columnists/" class="">Columnists</a></li> <li id="menu-item-342174" class="menu-item menu-item-type-custom menu-item-object-custom partner-insights"><a href="https://commercialobserver.com/partner-insights" class="">Partner Insights</a></li> <li id="menu-item-316165" class="menu-item menu-item-type-taxonomy menu-item-object-category transportation"><a href="https://commercialobserver.com/policy/transportation/" class="">Transportation</a></li> <li id="menu-item-451828" class="menu-item menu-item-type-custom menu-item-object-custom videos"><a href="https://commercialobserver.com/videos/commercial-observer-video/" class="">Videos</a></li> </ul></div> </li> </ul></div> </nav><!-- #site-navigation --> <div class="top-right-nav"> <div class="piano-account-management"> <span class="piano-account-inactive-container management-block"> <a href="javascript:void(0);" class="account-button piano-login-button" data-slimstat="5">Log In</a> <a href="https://commercialobserver.com/membership/" class="account-button" data-slimstat="5">Sign Up</a> </span> <span class="piano-account-active-container management-block account-container"> <a class="account-button" href="https://commercialobserver.com/account/">My Account</a> <a href="javascript:void(0);" class="account-button piano-logout-button" data-slimstat="5">Log Out</a> <div class="account-dropdown"> <ul> <li> <a href="https://commercialobserver.com/account/" class="account-dropdown-link">Account Details</a> </li> <li> <a href="https://commercialobserver.com/account/email-preferences/" class="account-dropdown-link">Email Preferences</a> </li> <li> <a href="https://commercialobserver.com/membership-faqs/" class="account-dropdown-link">Member FAQs</a> </li> <li> <a href="javascript:void(0);" class="account-dropdown-link piano-logout-button">Logout</a> </li> </ul> </div> </span> </div> <button id="nav-search-button" type="button" class="search" aria-label="Open search"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" class="icon" width="20" height="20"><path fill="currentColor" d="M505 442.7 405.3 343c-4.5-4.5-10.6-7-17-7H372c27.6-35.3 44-79.7 44-128C416 93.1 322.9 0 208 0S0 93.1 0 208s93.1 208 208 208c48.3 0 92.7-16.4 128-44v16.3c0 6.4 2.5 12.5 7 17l99.7 99.7c9.4 9.4 24.6 9.4 33.9 0l28.3-28.3c9.4-9.4 9.4-24.6.1-34zM208 336c-70.7 0-128-57.2-128-128 0-70.7 57.2-128 128-128 70.7 0 128 57.2 128 128 0 70.7-57.2 128-128 128z"/></svg> </button> <div id="search-wrapper" class="search-wrapper search-bar-hidden"> <form role="search" id="search-form" class="search-form" action="https://commercialobserver.com/" method="GET"> <div class="input-button-lockup"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" class="icon" width="20" height="20"><path fill="currentColor" d="M505 442.7 405.3 343c-4.5-4.5-10.6-7-17-7H372c27.6-35.3 44-79.7 44-128C416 93.1 322.9 0 208 0S0 93.1 0 208s93.1 208 208 208c48.3 0 92.7-16.4 128-44v16.3c0 6.4 2.5 12.5 7 17l99.7 99.7c9.4 9.4 24.6 9.4 33.9 0l28.3-28.3c9.4-9.4 9.4-24.6.1-34zM208 336c-70.7 0-128-57.2-128-128 0-70.7 57.2-128 128-128 70.7 0 128 57.2 128 128 0 70.7-57.2 128-128 128z"/></svg> <input type="search" id="search-input" name="s" class="search-input" placeholder="Enter search term here" value="" autocomplete="off" autocapitalize="off"> <button type="submit" class="co-btn search-submit">Search</button> </div> </form> </div> </div> </div> </header><!-- #masthead --> <div id="flyout-menu-wrapper"> <div id="flyout-menu"> <div class="header"> <button id="flyout-close" aria-label="Close menu"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 352 512" class="icon" width="20" height="20"><path fill="currentColor" d="m242.72 256 100.07-100.07c12.28-12.28 12.28-32.19 0-44.48l-22.24-22.24c-12.28-12.28-32.19-12.28-44.48 0L176 189.28 75.93 89.21c-12.28-12.28-32.19-12.28-44.48 0L9.21 111.45c-12.28 12.28-12.28 32.19 0 44.48L109.28 256 9.21 356.07c-12.28 12.28-12.28 32.19 0 44.48l22.24 22.24c12.28 12.28 32.2 12.28 44.48 0L176 322.72l100.07 100.07c12.28 12.28 32.2 12.28 44.48 0l22.24-22.24c12.28-12.28 12.28-32.19 0-44.48L242.72 256z"/></svg> </button> <div class="logo-wrap"> <a href="/"> <img src="https://commercialobserver.com/wp-content/themes/observer-unchained/images/co_logo_dark.png" alt="Commercial Observer" width="188" height="21" decoding="async" loading="lazy" /> </a> </div> </div> <div class="menus"> <nav class="menu-flyout-menu-container" aria-label="Flyout menu"><ul id="menu-flyout-menu" class="menu"><li id="menu-item-506255" class="menu-item menu-item-type-custom menu-item-object-custom industry"><a href="https://commercialobserver.com/industry/" class="">Industry</a></li> <li id="menu-item-518054" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children residential dropdown"><a href="https://commercialobserver.com/residential/" class="">Residential</a><button type="button" aria-label="More Residential items" aria-controls="menu-items-518054" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518054'> <li id="menu-item-517990" class="menu-item menu-item-type-custom menu-item-object-custom multifamily"><a href="https://commercialobserver.com/residential/multifamily/" class="">Multifamily</a></li> <li id="menu-item-517991" class="menu-item menu-item-type-custom menu-item-object-custom homebuilding"><a href="https://commercialobserver.com/residential/homebuilding/" class="">Homebuilding</a></li> <li id="menu-item-517993" class="menu-item menu-item-type-custom menu-item-object-custom condo"><a href="https://commercialobserver.com/residential/condo/" class="">Condo</a></li> <li id="menu-item-517989" class="menu-item menu-item-type-custom menu-item-object-custom hotel-condo"><a href="https://commercialobserver.com/residential/hotel-condo/" class="">Hotel Condo</a></li> <li id="menu-item-517994" class="menu-item menu-item-type-custom menu-item-object-custom student-housing"><a href="https://commercialobserver.com/residential/student-housing/" class="">Student Housing</a></li> <li id="menu-item-518005" class="menu-item menu-item-type-custom menu-item-object-custom single-family-rental"><a href="https://commercialobserver.com/residential/single-family-rental/" class="">Single-Family Rental</a></li> <li id="menu-item-518006" class="menu-item menu-item-type-custom menu-item-object-custom short-term-rental"><a href="https://commercialobserver.com/residential/short-term-rental/" class="">Short-Term Rental</a></li> <li id="menu-item-518007" class="menu-item menu-item-type-custom menu-item-object-custom senior-living"><a href="https://commercialobserver.com/residential/senior-living/" class="">Senior Living</a></li> </ul></div> </li> <li id="menu-item-518053" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children office dropdown"><a href="https://commercialobserver.com/office/" class="">Office</a><button type="button" aria-label="More Office items" aria-controls="menu-items-518053" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518053'> <li id="menu-item-518008" class="menu-item menu-item-type-custom menu-item-object-custom coworking"><a href="https://commercialobserver.com/office/coworking-office-space/" class="">Coworking</a></li> <li id="menu-item-518009" class="menu-item menu-item-type-custom menu-item-object-custom flex"><a href="https://commercialobserver.com/office/flex-office-space/" class="">Flex</a></li> </ul></div> </li> <li id="menu-item-518052" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children retail dropdown"><a href="https://commercialobserver.com/retail/" class="">Retail</a><button type="button" aria-label="More Retail items" aria-controls="menu-items-518052" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518052'> <li id="menu-item-518010" class="menu-item menu-item-type-custom menu-item-object-custom shopping-centers"><a href="https://commercialobserver.com/retail/shopping-centers/" class="">Shopping Centers</a></li> <li id="menu-item-518011" class="menu-item menu-item-type-custom menu-item-object-custom outlet-factory-malls"><a href="https://commercialobserver.com/retail/outlets-factory-malls/" class="">Outlet/Factory Malls</a></li> <li id="menu-item-518013" class="menu-item menu-item-type-custom menu-item-object-custom supermarkets-grocery-stores"><a href="https://commercialobserver.com/retail/supermarkets-grocery-stores/" class="">Supermarkets/Grocery Stores</a></li> <li id="menu-item-518014" class="menu-item menu-item-type-custom menu-item-object-custom showrooms-dealerships"><a href="https://commercialobserver.com/retail/showrooms-dealerships/" class="">Showrooms/Dealerships</a></li> <li id="menu-item-518015" class="menu-item menu-item-type-custom menu-item-object-custom street-retail"><a href="https://commercialobserver.com/retail/street-retail/" class="">Street Retail</a></li> </ul></div> </li> <li id="menu-item-518051" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children industrial dropdown"><a href="https://commercialobserver.com/industrial/" class="">Industrial</a><button type="button" aria-label="More Industrial items" aria-controls="menu-items-518051" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518051'> <li id="menu-item-518016" class="menu-item menu-item-type-custom menu-item-object-custom data-centers"><a href="https://commercialobserver.com/industrial/data-centers/" class="">Data Centers</a></li> <li id="menu-item-518017" class="menu-item menu-item-type-custom menu-item-object-custom distribution-centers"><a href="https://commercialobserver.com/industrial/distribution-center/" class="">Distribution Centers</a></li> <li id="menu-item-518018" class="menu-item menu-item-type-custom menu-item-object-custom industrial-outdoor-storage"><a href="https://commercialobserver.com/industrial/industrial-outdoor-storage/" class="">Industrial Outdoor Storage</a></li> <li id="menu-item-518019" class="menu-item menu-item-type-custom menu-item-object-custom manufacturing"><a href="https://commercialobserver.com/industrial/manufacturing/" class="">Manufacturing</a></li> <li id="menu-item-518020" class="menu-item menu-item-type-custom menu-item-object-custom self-storage"><a href="https://commercialobserver.com/industrial/self-storage/" class="">Self-Storage</a></li> <li id="menu-item-518021" class="menu-item menu-item-type-custom menu-item-object-custom studios-soundstages"><a href="https://commercialobserver.com/industrial/studios-soundstages/" class="">Studios/Soundstages</a></li> <li id="menu-item-518022" class="menu-item menu-item-type-custom menu-item-object-custom warehouse"><a href="https://commercialobserver.com/industrial/warehouse/" class="">Warehouse</a></li> </ul></div> </li> <li id="menu-item-518050" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children hospitality dropdown"><a href="https://commercialobserver.com/hospitality/" class="">Hospitality</a><button type="button" aria-label="More Hospitality items" aria-controls="menu-items-518050" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518050'> <li id="menu-item-518023" class="menu-item menu-item-type-custom menu-item-object-custom casinos"><a href="https://commercialobserver.com/hospitality/casinos/" class="">Casinos</a></li> <li id="menu-item-518024" class="menu-item menu-item-type-custom menu-item-object-custom convention-centers"><a href="https://commercialobserver.com/hospitality/convention-centers/" class="">Convention Centers</a></li> <li id="menu-item-518025" class="menu-item menu-item-type-custom menu-item-object-custom hotel-resort"><a href="https://commercialobserver.com/hospitality/hotel-resort/" class="">Hotel/Resort</a></li> <li id="menu-item-518026" class="menu-item menu-item-type-custom menu-item-object-custom restaurants"><a href="https://commercialobserver.com/hospitality/restaurants/" class="">Restaurants</a></li> </ul></div> </li> <li id="menu-item-518027" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children land dropdown"><a href="https://commercialobserver.com/land/" class="">Land</a><button type="button" aria-label="More Land items" aria-controls="menu-items-518027" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518027'> <li id="menu-item-518028" class="menu-item menu-item-type-custom menu-item-object-custom farm-land"><a href="https://commercialobserver.com/land/farm-land/" class="">Farm Land</a></li> <li id="menu-item-518029" class="menu-item menu-item-type-custom menu-item-object-custom parking-lots"><a href="https://commercialobserver.com/land/parking-lots/" class="">Parking Lots</a></li> </ul></div> </li> <li id="menu-item-518049" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children healthcare dropdown"><a href="https://commercialobserver.com/healthcare/" class="">Healthcare</a><button type="button" aria-label="More Healthcare items" aria-controls="menu-items-518049" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518049'> <li id="menu-item-518032" class="menu-item menu-item-type-custom menu-item-object-custom hospitals"><a href="https://commercialobserver.com/healthcare/hospitals/" class="">Hospitals</a></li> <li id="menu-item-518033" class="menu-item menu-item-type-custom menu-item-object-custom medical-offices"><a href="https://commercialobserver.com/healthcare/medical-offices/" class="">Medical Offices</a></li> <li id="menu-item-518034" class="menu-item menu-item-type-custom menu-item-object-custom nursing-homes-assisted-living"><a href="https://commercialobserver.com/healthcare/nursing-homes-assisted-living/" class="">Nursing Homes &#038; Assisted Living</a></li> </ul></div> </li> <li id="menu-item-518055" class="menu-item menu-item-type-custom menu-item-object-custom life-sciences"><a href="https://commercialobserver.com/life-sciences/" class="">Life Sciences</a></li> <li id="menu-item-518048" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children special-purpose dropdown"><a href="https://commercialobserver.com/special-purpose/" class="">Special Purpose</a><button type="button" aria-label="More Special Purpose items" aria-controls="menu-items-518048" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518048'> <li id="menu-item-518041" class="menu-item menu-item-type-custom menu-item-object-custom air-rights"><a href="https://commercialobserver.com/special-purpose/air-rights/" class="">Air Rights</a></li> <li id="menu-item-518035" class="menu-item menu-item-type-custom menu-item-object-custom arenas-stadiums"><a href="https://commercialobserver.com/special-purpose/arenas-stadiums/" class="">Arenas/Stadiums</a></li> <li id="menu-item-518042" class="menu-item menu-item-type-custom menu-item-object-custom development-rights"><a href="https://commercialobserver.com/special-purpose/development-rights/" class="">Development Rights</a></li> <li id="menu-item-518039" class="menu-item menu-item-type-custom menu-item-object-custom educational"><a href="https://commercialobserver.com/special-purpose/educational/" class="">Educational</a></li> <li id="menu-item-518038" class="menu-item menu-item-type-custom menu-item-object-custom government-military"><a href="https://commercialobserver.com/special-purpose/government-military/" class="">Government/Military</a></li> <li id="menu-item-518037" class="menu-item menu-item-type-custom menu-item-object-custom museums"><a href="https://commercialobserver.com/special-purpose/museums/" class="">Museums</a></li> <li id="menu-item-518036" class="menu-item menu-item-type-custom menu-item-object-custom place-of-worship"><a href="https://commercialobserver.com/special-purpose/place-of-worship/" class="">Place of Worship</a></li> <li id="menu-item-518040" class="menu-item menu-item-type-custom menu-item-object-custom theaters"><a href="https://commercialobserver.com/special-purpose/theaters/" class="">Theaters</a></li> </ul></div> </li> <li id="menu-item-518043" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children infrastructure dropdown"><a href="https://commercialobserver.com/infrastructure/" class="">Infrastructure</a><button type="button" aria-label="More Infrastructure items" aria-controls="menu-items-518043" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518043'> <li id="menu-item-518045" class="menu-item menu-item-type-custom menu-item-object-custom airports"><a href="https://commercialobserver.com/infrastructure/airports/" class="">Airports</a></li> <li id="menu-item-518047" class="menu-item menu-item-type-custom menu-item-object-custom bridges-tunnels"><a href="https://commercialobserver.com/infrastructure/bridges-tunnels/" class="">Bridges/Tunnels</a></li> <li id="menu-item-518046" class="menu-item menu-item-type-custom menu-item-object-custom highways"><a href="https://commercialobserver.com/infrastructure/highways/" class="">Highways</a></li> <li id="menu-item-518044" class="menu-item menu-item-type-custom menu-item-object-custom railways"><a href="https://commercialobserver.com/infrastructure/railways/" class="">Railways</a></li> </ul></div> </li> <li id="menu-item-506258" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type mixed-use"><a href="https://commercialobserver.com/mixed-use/" class="">Mixed-Use</a></li> <li id="menu-item-320233" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children markets dropdown"><a class="">Markets</a><button type="button" aria-label="More Markets items" aria-controls="menu-items-320233" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-320233'> <li id="menu-item-330493" class="menu-item menu-item-type-taxonomy menu-item-object-market los-angeles"><a href="https://commercialobserver.com/market/los-angeles/" class="">Los Angeles</a></li> <li id="menu-item-320234" class="menu-item menu-item-type-taxonomy menu-item-object-market new-york-city"><a href="https://commercialobserver.com/market/new-york-city/" class="">New York City</a></li> <li id="menu-item-320235" class="menu-item menu-item-type-taxonomy menu-item-object-market manhattan"><a href="https://commercialobserver.com/market/manhattan/" class="">Manhattan</a></li> <li id="menu-item-320237" class="menu-item menu-item-type-taxonomy menu-item-object-market queens"><a href="https://commercialobserver.com/market/queens/" class="">Queens</a></li> <li id="menu-item-320239" class="menu-item menu-item-type-taxonomy menu-item-object-market bronx"><a href="https://commercialobserver.com/market/bronx/" class="">Bronx</a></li> <li id="menu-item-320241" class="menu-item menu-item-type-taxonomy menu-item-object-market national"><a href="https://commercialobserver.com/market/national/" class="">National</a></li> <li id="menu-item-338576" class="menu-item menu-item-type-taxonomy menu-item-object-market washington-dc"><a href="https://commercialobserver.com/market/washington-dc/" class="">Washington DC</a></li> <li id="menu-item-495439" class="menu-item menu-item-type-custom menu-item-object-custom south-florida"><a href="https://commercialobserver.com/market/south-florida/" class="">South Florida</a></li> </ul></div> </li> <li id="menu-item-316176" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children leases dropdown"><a href="https://commercialobserver.com/leases/" class="">Leases</a><button type="button" aria-label="More Leases items" aria-controls="menu-items-316176" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316176'> <li id="menu-item-316178" class="menu-item menu-item-type-taxonomy menu-item-object-category office-leases"><a href="https://commercialobserver.com/leases/office/" class="">Office Leases</a></li> <li id="menu-item-506340" class="menu-item menu-item-type-taxonomy menu-item-object-category ground-lease"><a href="https://commercialobserver.com/leases/ground-lease/" class="">Ground Lease</a></li> <li id="menu-item-507246" class="menu-item menu-item-type-taxonomy menu-item-object-category sublease"><a href="https://commercialobserver.com/leases/sublease/" class="">Sublease</a></li> <li id="menu-item-506344" class="menu-item menu-item-type-taxonomy menu-item-object-category tenant-talk"><a href="https://commercialobserver.com/leases/tenant-talk/" class="">Tenant Talk</a></li> <li id="menu-item-470695" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/leases/lease-deals-of-the-week/" class="">Deals of the Week</a></li> <li id="menu-item-316180" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/leases/" class="">All</a></li> </ul></div> </li> <li id="menu-item-316181" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children finance dropdown"><a href="https://commercialobserver.com/finance/" class="">Finance</a><button type="button" aria-label="More Finance items" aria-controls="menu-items-316181" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316181'> <li id="menu-item-316182" class="menu-item menu-item-type-taxonomy menu-item-object-category acquisition"><a href="https://commercialobserver.com/finance/acquisition/" class="">Acquisition</a></li> <li id="menu-item-316184" class="menu-item menu-item-type-taxonomy menu-item-object-category construction-financing"><a href="https://commercialobserver.com/finance/construction/" class="">Construction Financing</a></li> <li id="menu-item-316183" class="menu-item menu-item-type-taxonomy menu-item-object-category cmbs"><a href="https://commercialobserver.com/finance/cmbs/" class="">CMBS</a></li> <li id="menu-item-378768" class="menu-item menu-item-type-taxonomy menu-item-object-category distress"><a href="https://commercialobserver.com/finance/distress/" class="">Distress</a></li> <li id="menu-item-316185" class="menu-item menu-item-type-taxonomy menu-item-object-category refinance"><a href="https://commercialobserver.com/finance/refinance/" class="">Refinance</a></li> <li id="menu-item-470696" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/finance/finance-deals-of-the-week/" class="">Deals of the Week</a></li> <li id="menu-item-316186" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/finance/" class="">All</a></li> </ul></div> </li> <li id="menu-item-316187" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children investments-sales dropdown"><a href="https://commercialobserver.com/sales/" class="">Investments &amp; Sales</a><button type="button" aria-label="More Investments &amp; Sales items" aria-controls="menu-items-316187" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316187'> <li id="menu-item-506665" class="menu-item menu-item-type-taxonomy menu-item-object-category development-site-sale"><a href="https://commercialobserver.com/sales/development-site-sale/" class="">Development Site Sale</a></li> <li id="menu-item-506670" class="menu-item menu-item-type-taxonomy menu-item-object-category portfolio-sale"><a href="https://commercialobserver.com/sales/portfolio-sale/" class="">Portfolio Sale</a></li> <li id="menu-item-507584" class="menu-item menu-item-type-taxonomy menu-item-object-category sale-leaseback"><a href="https://commercialobserver.com/sales/sale-leaseback/" class="">Sale-Leaseback</a></li> <li id="menu-item-507583" class="menu-item menu-item-type-taxonomy menu-item-object-category value-add"><a href="https://commercialobserver.com/sales/value-add/" class="">Value-Add</a></li> <li id="menu-item-470697" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/sales/sales-deals-of-the-week/" class="">Deals of the Week</a></li> <li id="menu-item-316194" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/sales/" class="">All</a></li> </ul></div> </li> <li id="menu-item-316195" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children development dropdown"><a href="https://commercialobserver.com/development/" class="">Development</a><button type="button" aria-label="More Development items" aria-controls="menu-items-316195" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316195'> <li id="menu-item-316196" class="menu-item menu-item-type-taxonomy menu-item-object-category architecture"><a href="https://commercialobserver.com/development/architecture/" class="">Architecture</a></li> <li id="menu-item-316197" class="menu-item menu-item-type-taxonomy menu-item-object-category construction"><a href="https://commercialobserver.com/development/construction/" class="">Construction</a></li> <li id="menu-item-507231" class="menu-item menu-item-type-taxonomy menu-item-object-category conversion"><a href="https://commercialobserver.com/development/conversion/" class="">Conversion</a></li> <li id="menu-item-506320" class="menu-item menu-item-type-taxonomy menu-item-object-category redevelopment"><a href="https://commercialobserver.com/development/redevelopment/" class="">Redevelopment</a></li> <li id="menu-item-507238" class="menu-item menu-item-type-taxonomy menu-item-object-category sustainability"><a href="https://commercialobserver.com/development/sustainability/" class="">Sustainability</a></li> <li id="menu-item-316203" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/development/" class="">All</a></li> </ul></div> </li> <li id="menu-item-507326" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children capital-markets dropdown"><a href="https://commercialobserver.com/capital-markets/" class="">Capital Markets</a><button type="button" aria-label="More Capital Markets items" aria-controls="menu-items-507326" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-507326'> <li id="menu-item-507327" class="menu-item menu-item-type-taxonomy menu-item-object-category alternative-lending"><a href="https://commercialobserver.com/capital-markets/alternative-lending/" class="">Alternative Lending</a></li> <li id="menu-item-507328" class="menu-item menu-item-type-taxonomy menu-item-object-category earnings"><a href="https://commercialobserver.com/capital-markets/earnings/" class="">Earnings</a></li> <li id="menu-item-507594" class="menu-item menu-item-type-taxonomy menu-item-object-category economy"><a href="https://commercialobserver.com/capital-markets/economy/" class="">Economy</a></li> <li id="menu-item-507329" class="menu-item menu-item-type-taxonomy menu-item-object-category foreign-investments"><a href="https://commercialobserver.com/capital-markets/foreign-investments/" class="">Foreign Investments</a></li> <li id="menu-item-507330" class="menu-item menu-item-type-taxonomy menu-item-object-category private-credit"><a href="https://commercialobserver.com/capital-markets/private-credit/" class="">Private Credit</a></li> <li id="menu-item-507331" class="menu-item menu-item-type-taxonomy menu-item-object-category private-equity"><a href="https://commercialobserver.com/capital-markets/private-equity/" class="">Private Equity</a></li> <li id="menu-item-507332" class="menu-item menu-item-type-taxonomy menu-item-object-category public-markets"><a href="https://commercialobserver.com/capital-markets/public-markets/" class="">Public Markets</a></li> <li id="menu-item-507333" class="menu-item menu-item-type-taxonomy menu-item-object-category reits"><a href="https://commercialobserver.com/capital-markets/reits/" class="">REITs</a></li> <li id="menu-item-507386" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/capital-markets/" class="">All</a></li> </ul></div> </li> <li id="menu-item-331992" class="menu-item menu-item-type-taxonomy menu-item-object-category technology"><a href="https://commercialobserver.com/technology/" class="">Technology</a></li> <li id="menu-item-518057" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children policy dropdown"><a href="https://commercialobserver.com/policy/" class="">Policy</a><button type="button" aria-label="More Policy items" aria-controls="menu-items-518057" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-518057'> <li id="menu-item-518058" class="menu-item menu-item-type-custom menu-item-object-custom housing"><a href="https://commercialobserver.com/policy/housing/" class="">Housing</a></li> <li id="menu-item-518059" class="menu-item menu-item-type-custom menu-item-object-custom transportation"><a href="https://commercialobserver.com/policy/transportation/" class="">Transportation</a></li> <li id="menu-item-518060" class="menu-item menu-item-type-custom menu-item-object-custom urban-planning"><a href="https://commercialobserver.com/policy/urban-planning/" class="">Urban Planning</a></li> <li id="menu-item-518061" class="menu-item menu-item-type-custom menu-item-object-custom zoning"><a href="https://commercialobserver.com/policy/zoning/" class="">Zoning</a></li> </ul></div> </li> <li id="menu-item-518065" class="menu-item menu-item-type-custom menu-item-object-custom legal"><a href="https://commercialobserver.com/legal/" class="">Legal</a></li> <li id="menu-item-350970" class="menu-item menu-item-type-post_type_archive menu-item-object-print_issue weekly-issue"><a href="https://commercialobserver.com/magazine/" class="">Weekly Issue</a></li> <li id="menu-item-321116" class="menu-item menu-item-type-post_type_archive menu-item-object-event events"><a href="https://commercialobserver.com/events/" class="">Events</a></li> <li id="menu-item-440224" class="menu-item menu-item-type-custom menu-item-object-custom power-series"><a href="/commercial-observer-power-series/" class="">Power Series</a></li> <li id="menu-item-316204" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children more dropdown"><a href="https://commercialobserver.com/more/" class="">More</a><button type="button" aria-label="More More items" aria-controls="menu-items-316204" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316204'> <li id="menu-item-316207" class="menu-item menu-item-type-taxonomy menu-item-object-category features"><a href="https://commercialobserver.com/more/features/" class="">Features</a></li> <li id="menu-item-316206" class="menu-item menu-item-type-taxonomy menu-item-object-category columnists"><a href="https://commercialobserver.com/more/columnists/" class="">Columnists</a></li> <li id="menu-item-316205" class="menu-item menu-item-type-taxonomy menu-item-object-category research-analysis"><a href="https://commercialobserver.com/more/research-analysis/" class="">Research &amp; Analysis</a></li> <li id="menu-item-352797" class="menu-item menu-item-type-custom menu-item-object-custom partner-insights"><a href="https://commercialobserver.com/partner-insights" class="">Partner Insights</a></li> <li id="menu-item-316210" class="menu-item menu-item-type-taxonomy menu-item-object-category players"><a href="https://commercialobserver.com/more/players/" class="">Players</a></li> <li id="menu-item-320922" class="menu-item menu-item-type-post_type_archive menu-item-object-video videos"><a href="https://commercialobserver.com/videos/" class="">Videos</a></li> </ul></div> </li> <li id="menu-item-316219" class="menu-item menu-item-type-custom menu-item-object-custom advertise"><a href="/advertise" class="">Advertise</a></li> <li id="menu-item-316220" class="menu-item menu-item-type-custom menu-item-object-custom contact"><a href="/contact" class="">Contact</a></li> <li id="menu-item-326927" class="menu-item menu-item-type-custom menu-item-object-custom reprints"><a target="_blank" rel="noopener" href="http://www.commercialobserverreprints.com/" class="">Reprints</a></li> <li id="menu-item-393008" class="menu-item menu-item-type-post_type menu-item-object-page newsletters"><a href="https://commercialobserver.com/newsletters/" class="">Newsletters</a></li> </ul></nav><nav class="menu-flyout-features-container" aria-label="Featured menu"><ul id="menu-flyout-features" class="menu"><li id="menu-item-263428" class="menu-item menu-item-type-custom menu-item-object-custom power-finance"><a href="https://commercialobserver.com/power-series/2024-power-finance/" class="">Power Finance</a></li> <li id="menu-item-263172" class="menu-item menu-item-type-custom menu-item-object-custom power-100"><a href="https://commercialobserver.com/power-series/power-100-2023/" class="">Power 100</a></li> <li id="menu-item-263174" class="menu-item menu-item-type-custom menu-item-object-custom owners-magazine"><a href="https://commercialobserver.com/power-series/owners-magazine-2023/" class="">Owners Magazine</a></li> </ul></nav> <div class="flyout-subscribe"> <div class="piano-account-management"> <span class="piano-account-inactive-container management-block"> <a href="javascript:void(0);" class="account-button piano-login-button" data-slimstat="5">Log In</a> <a href="https://commercialobserver.com/membership/" class="account-button" data-slimstat="5">Sign Up</a> </span> <span class="piano-account-active-container management-block account-container"> <a class="account-button" href="https://commercialobserver.com/account/">My Account</a> <a href="javascript:void(0);" class="account-button piano-logout-button" data-slimstat="5">Log Out</a> <div class="account-dropdown"> <ul> <li> <a href="https://commercialobserver.com/account/" class="account-dropdown-link">Account Details</a> </li> <li> <a href="https://commercialobserver.com/account/email-preferences/" class="account-dropdown-link">Email Preferences</a> </li> <li> <a href="https://commercialobserver.com/membership-faqs/" class="account-dropdown-link">Member FAQs</a> </li> <li> <a href="javascript:void(0);" class="account-dropdown-link piano-logout-button">Logout</a> </li> </ul> </div> </span> </div> <ul class="social-icons large share-buttons" aria-label="Social Networks"> <li class="facebook"> <a class="twitter" target="_blank" href="https://twitter.com/commobserver" aria-label="Find Commercial Observer on Twitter"> <svg class="social-icon"><use xlink:href="#icon-twitter"></use></svg> </a> </li> <li class="facebook"> <a target="_blank" href="https://www.facebook.com/commobserver" aria-label="Find Commercial Observer on Facebook"> <svg class="social-icon"><use xlink:href="#icon-facebook"></use></svg> </a> </li> <li class="linkedin"> <a target="_blank" href="http://www.linkedin.com/company/commercialobserver" aria-label="Find Commercial Observer on LinkedIn"> <svg class="social-icon"><use xlink:href="#icon-linkedin"></use></svg> </a> </li> </nav> <p class="disclaimer"> © 2025 Observer Media&nbsp;·&nbsp;<a href="https://commercialobserver.com/terms/">Terms</a>&nbsp;·&nbsp;<a href="https://commercialobserver.com/privacy/">Privacy</a> </p> </div> </div> </div> </div> <div id="content" class="site-content"> <div id="spacer" class="spacer"></div> <div id="primary" class="content-area"> <main id="main" class="site-main" role="main"> <div class="piano piano--homepage piano--homepage_top"></div> <!-- Hashtag Labs Ad commercialobserver_leaderboard_atf_mobile --> <div class="ad-wrapper ad-leaderboard-mobile htlad-commercialobserver_leaderboard_atf_mobile" id="commercialobserver_leaderboard_atf_mobile"></div> <section class="featured-posts"> <div id="large-card-carousel" class="large-card-carousel"> <div class="large-card-wrapper card-wrap "> <div class="large-card card "> <div class="card-inner"> <div class="development bar"></div> <div class="image-wrap"> <div class="large-card-image bg-image-cover bg-image-position-center"> <img width="737" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Jeff-Blau-Wynn-New-York-City-rendering-credit-Related-Companies-and-Wynn-Resorts.jpg?quality=80&amp;crop=0px%2C29px%2C2000px%2C774px&amp;resize=737%2C285&amp;strip" class="attachment-large-card size-large-card" alt="Related Companies CEO Jeff Blau and a rendering of the Hudson Yards West project." decoding="async" fetchpriority="high" /> </div> </div> <div class="card-text"> <div class="development-label channel"> <span><a href="https://commercialobserver.com/hospitality/">Hospitality</a></span> · <span><a href="https://commercialobserver.com/development/">Development</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/hudson-yards/">Hudson Yards</a> </div> <h2> <a href="https://commercialobserver.com/2025/04/related-city-planning-commission-hudson-yards-casino/" target="_self" class="card-link"> Related Wins Support of City Planning Commission for Hudson Yards Casino </a> </h2> <h6 class="byline"> <span>By</span> Isabelle Durso </h6> </div> </div> </div> </div> <div class="large-card-wrapper card-wrap "> <div class="large-card card "> <div class="card-inner"> <div class="more bar"></div> <div class="image-wrap"> <div class="large-card-image bg-image-cover bg-image-position-top"> <img width="737" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Donald-Trump-Port-of-Long-Beach-credit-Getty-Images.jpg?quality=80&amp;crop=0px%2C117px%2C2000px%2C774px&amp;resize=737%2C285&amp;strip" class="attachment-large-card size-large-card" alt="President Donald Trump and containters and cranes at the Port of Long Beach." decoding="async" /> </div> </div> <div class="card-text"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/more/research-analysis/">Research &amp; Analysis</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/los-angeles/">Los Angeles</a> </div> <h2> <a href="https://commercialobserver.com/2025/04/la-industrial-trump-tariffs-rent-vacancy-leasing-sales/" target="_self" class="card-link"> L.A. County Industrial Market Stabilizing, But All Eyes on Volatile Trade Policy </a> </h2> <h6 class="byline"> <span>By</span> Nick Trombola </h6> </div> </div> </div> </div> <div class="large-card-wrapper card-wrap "> <div class="large-card card "> <div class="card-inner"> <div class="finance bar"></div> <div class="image-wrap"> <div class="large-card-image bg-image-cover bg-image-position-top"> <img width="737" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adam-Neumann-GettyImages-1458276481-WEB.jpg?quality=80&amp;crop=0px%2C146px%2C2000px%2C774px&amp;resize=737%2C285&amp;strip" class="attachment-large-card size-large-card" alt="Adam Neumann." loading="1" decoding="async" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/residential/">Residential</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/downtown-miami/">Downtown Miami</a> </div> <h2> <a href="https://commercialobserver.com/2025/04/adam-neumann-miami-condo-development-flow-house/" target="_self" class="card-link"> Adam Neumann Nabs $155M to Finish Miami Condo Development </a> </h2> <h6 class="byline"> <span>By</span> Julia Echikson </h6> </div> </div> </div> </div> <div class="large-card-wrapper card-wrap "> <div class="large-card card "> <div class="card-inner"> <div class="development bar"></div> <div class="image-wrap"> <div class="large-card-image bg-image-cover bg-image-position-center"> <img width="737" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Andy-Jassy-Amazon-warehouse-credit-Getty-Images.jpg?quality=80&amp;crop=0px%2C47px%2C2000px%2C773px&amp;resize=737%2C285&amp;strip" class="attachment-large-card size-large-card" alt="Amazon CEO Andy Jassy and an Amazon warehouse under construction." loading="1" decoding="async" /> </div> </div> <div class="card-text"> <div class="development-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/development/">Development</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a> </div> <h2> <a href="https://commercialobserver.com/2025/04/amazon-15b-warehouse-expansion/" target="_self" class="card-link"> Amazon Seeking Finance Partner for Potential $15B Warehouse Expansion </a> </h2> <h6 class="byline"> <span>By</span> Isabelle Durso </h6> </div> </div> </div> </div> </div> <div class="piano piano--homepage piano--homepage_after_featured"></div> <div class="mobile-sidebar"> <!-- Hashtag Labs Ad commercialobserver_300x250_mobile_2 --> <div class="ad-wrapper ad-river ad-top-margin htlad-commercialobserver_300x250_mobile_2" id="commercialobserver_300x250_mobile_2"></div> <div id="trending" class="headliner-with-border"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header">Trending Stories</div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card first-in-list"> <div class="card-inner"> <div class="card-text"> <div class="leases-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/california/">California</a></div> <h4> <a href="https://commercialobserver.com/2025/04/ucla-health-office-santa-monica/" class="card-link"> UCLA Health Renews 22K-SF Medical Office Lease in Santa Monica </a> </h4> </div> </div> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <div class="card-inner"> <div class="card-text"> <div class="development-label channel"> <span><a href="https://commercialobserver.com/hospitality/">Hospitality</a></span> · <span><a href="https://commercialobserver.com/development/">Development</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a></div> <h4> <a href="https://commercialobserver.com/2025/04/related-city-planning-commission-hudson-yards-casino/" class="card-link"> Related Wins Support of City Planning Commission for Hudson Yards Casino </a> </h4> </div> </div> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <div class="card-inner"> <div class="card-text"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/more/research-analysis/">Research &amp; Analysis</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/california/">California</a></div> <h4> <a href="https://commercialobserver.com/2025/04/la-industrial-trump-tariffs-rent-vacancy-leasing-sales/" class="card-link"> L.A. County Industrial Market Stabilizing, But All Eyes on Volatile Trade Policy </a> </h4> </div> </div> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <div class="card-inner"> <div class="card-text"> <div class="development-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/development/">Development</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a></div> <h4> <a href="https://commercialobserver.com/2025/04/amazon-15b-warehouse-expansion/" class="card-link"> Amazon Seeking Finance Partner for Potential $15B Warehouse Expansion </a> </h4> </div> </div> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="leases bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Johnese-Spisso-UCLA-Health-Santa-Monica-credit-JLL.jpg?quality=80&amp;crop=0px%2C0px%2C1596px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="UCLA Health president Johnese Spisso and 2825 Santa Monica Boulevard." decoding="async" /> </div> </div> <div class="card-text"> <div class="leases-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/california/">California</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/ucla-health-office-santa-monica/" target="_self" class="card-link"> UCLA Health Renews 22K-SF Medical Office Lease in Santa Monica </a> </h3> <h6 class="byline"> <span>By</span> Nick Trombola </h6> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Udi-Kore-801-East-Main-Street-Richmond-credit-Bdl2001_CC-By-SA-4.0-via-Wikimedia-Commons.jpg?quality=80&amp;crop=41px%2C0px%2C1596px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="Udi Kore, managing partner at Octagon Finance, and 801 East Main Street, Richmond, Va." decoding="async" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/virginia/">Virginia</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/68m-virginia-office-resi-conversion-historic-tax-credits/" target="_self" class="card-link"> Octagon Finance Lends $68M on Virginia Office-to-Resi Conversion </a> </h3> <h6 class="byline"> <span>By</span> Andrew Coen </h6> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="leases bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Ulrich-Dischler-140-Broadway-credit-Getty-Images.jpg?quality=80&amp;crop=10px%2C0px%2C1595px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="Ulrich Dischler of Union Investments and 140 Broadway." decoding="async" /> </div> </div> <div class="card-text"> <div class="leases-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/arup-lease-union-investment-140-broadway/" target="_self" class="card-link"> Sustainable Development Consultant Arup Moves to 99K SF at 140 Broadway </a> </h3> <h6 class="byline"> <span>By</span> Isabelle Durso and Lois Weiss </h6> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="leases bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Jeff-Gural-Trader-Joes-675-Ave-of-the-Americas-credit-Getty-Images.jpg?quality=80&amp;crop=49px%2C0px%2C1596px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="Jeff Gural, chairman and principal of GFP Real Estate, and Trader Joe&#039;s at 675 Avenue of the Americas." decoding="async" /> </div> </div> <div class="card-text"> <div class="leases-label channel"> <span><a href="https://commercialobserver.com/retail/">Retail</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/trader-joes-lease-grocery-store-675-avenue-of-the-americas/" target="_self" class="card-link"> Trader Joe’s Renews 30K-SF Grocery Store at 675 Avenue of the Americas </a> </h3> <h6 class="byline"> <span>By</span> Isabelle Durso </h6> </div> </div> </div> </div> </section> <!-- Hashtag Labs Ad commercialobserver_300x250_mobile_3 --> <div class="ad-wrapper ad-river ad-river-2 ad-top-margin htlad-commercialobserver_300x250_mobile_3" id="commercialobserver_300x250_mobile_3"></div> <section class="sidebar"> <!-- Hashtag Labs Ad commercialobserver_right_rail --> <div class="ad-wrapper ad-right-rail ad-top-margin htlad-commercialobserver_right_rail" id="commercialobserver_right_rail"></div> <div id="trending-stories" class="trending-stories headliner-with-border"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header">Trending Stories</div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card first-in-list"> <div class="card-inner"> <div class="card-text"> <div class="leases-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/california/">California</a></div> <h4> <a href="https://commercialobserver.com/2025/04/ucla-health-office-santa-monica/" class="card-link"> UCLA Health Renews 22K-SF Medical Office Lease in Santa Monica </a> </h4> </div> </div> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <div class="card-inner"> <div class="card-text"> <div class="development-label channel"> <span><a href="https://commercialobserver.com/hospitality/">Hospitality</a></span> · <span><a href="https://commercialobserver.com/development/">Development</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a></div> <h4> <a href="https://commercialobserver.com/2025/04/related-city-planning-commission-hudson-yards-casino/" class="card-link"> Related Wins Support of City Planning Commission for Hudson Yards Casino </a> </h4> </div> </div> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <div class="card-inner"> <div class="card-text"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/more/research-analysis/">Research &amp; Analysis</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/california/">California</a></div> <h4> <a href="https://commercialobserver.com/2025/04/la-industrial-trump-tariffs-rent-vacancy-leasing-sales/" class="card-link"> L.A. County Industrial Market Stabilizing, But All Eyes on Volatile Trade Policy </a> </h4> </div> </div> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <div class="card-inner"> <div class="card-text"> <div class="development-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/development/">Development</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a></div> <h4> <a href="https://commercialobserver.com/2025/04/amazon-15b-warehouse-expansion/" class="card-link"> Amazon Seeking Finance Partner for Potential $15B Warehouse Expansion </a> </h4> </div> </div> </div> </div> </div> <!-- Hashtag Labs Ad commercialobserver_right_rail_2 --> <div class="ad-wrapper ad-right-rail ad-desktop ad-top-margin htlad-commercialobserver_right_rail_2" id="commercialobserver_right_rail_2"></div> <!-- Hashtag Labs Ad commercialobserver_300x250_instream --> <div class="ad-wrapper ad-right-rail ad-mobile ad-top-margin htlad-commercialobserver_300x250_instream" id="commercialobserver_300x250_instream"></div> </section> <section class="posts-wrapper-three-up"> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="investments-sales bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Bill-Huffman-Ballston-Virgnia-credit-Duane-Lempke_CC0-via-Wikimedia-Commons.jpg?quality=80&amp;crop=47px%2C0px%2C1596px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="Nuveen CEO Bill Huffman and the Ballston neighborhood of Arlington, Va." decoding="async" /> </div> </div> <div class="card-text"> <div class="investments-sales-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/sales/">Investments &amp; Sales</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/virginia/">Virginia</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/nuveen-virginia-office-sale-rooney/" target="_self" class="card-link"> Nuveen Sells NoVA Office for 76% Less Than What It Paid in 2006 </a> </h3> <h6 class="byline"> <span>By</span> Nick Trombola </h6> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Alex-Redfearn-7555-Garden-Road-West-Palm-credit-Redfearn-Capital.jpg?quality=80&amp;crop=45px%2C0px%2C1596px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="Alex Redfearn, founder and CEO of Redfearn Capital, and 7555 Garden Road, West Palm Beach, Fla." decoding="async" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/florida/">Florida</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/dra-advisors-redfearn-capital-100m-florida-industrial-portfolio-recap/" target="_self" class="card-link"> DRA Advisors Joins Redfearn Capital on $108M Florida Industrial Portfolio Recap </a> </h3> <h6 class="byline"> <span>By</span> Andrew Coen </h6> </div> </div> </div> </div> <div class="realgraph-activity-wrap"> <div class="headliner-with-border realgraph-activity"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header"> Realgraph Activity</div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/5600-n-wickham-rd-sale-04092025-nice-realty-south-llc-primax-properties" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="sale-label label"> Sale </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">5600 N Wickham Rd</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/800-s-texas-6-construction-04092025-housing-trust-group" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="construction-label label"> Construction </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">800 S Texas 6</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/1835a-kramer-ln-lease-04092025-quantic-wenzel" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="lease-label label"> Lease </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">1835A Kramer Ln</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/1496-san-jacinto-mall-lease-04092025-eos-fitness" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="lease-label label"> Lease </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">1496 San Jacinto Mall</h3> </div> </div> </a> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="more bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/GettyImages-1233697735.jpg?quality=80&amp;w=355&amp;h=285&amp;crop=1" class="attachment-medium-card size-medium-card" alt="A flex office with people in it." decoding="async" /> </div> </div> <div class="card-text"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/demand-flex-office-analysis/" target="_self" class="card-link"> Demand for Flex Office Is Growing — Where It Might Surprise You </a> </h3> <h6 class="byline"> <span>By</span> Ben Wright </h6> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Tom-Burns-EastPort-rendering-credit-Affinius-Capital.jpg?quality=80&amp;crop=57px%2C0px%2C1595px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="Tom Burns of Affinius Capital and a rendering of Eastport Logistics in Boise, Idaho." decoding="async" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/idaho/">Idaho</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/affinius-capital-74m-construction-financing-idaho-industrial-center/" target="_self" class="card-link"> Affinius Capital Provides $74M in Construction Financing for Idaho Industrial Center </a> </h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Morris-Betesh-828-Metropolitan-Ave-BK-credit-Bridgecity-Capital.jpg?quality=80&amp;crop=51px%2C0px%2C1595px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="Morris Betesh of Arrow Real Estate Advisors and a rendering of 828 Metropolitan Avenue, Brooklyn." decoding="async" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/residential/">Residential</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/citigroup-williamsburgh-apartments-88m-loan/" target="_self" class="card-link"> Citigroup Refis East Williamsburg Apartments With $88M Loan </a> </h3> <h6 class="byline"> <span>By</span> Andrew Coen </h6> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="leases bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Thomas-Henderson-19-West-44th-Street-credit-Savanna.jpg?quality=80&amp;crop=23px%2C0px%2C1596px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="Thomas Henderson of Savanna and 19 West 44th Street." decoding="async" /> </div> </div> <div class="card-text"> <div class="leases-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/yipitdata-forrest-solutions-leases-19-west-44th-street/" target="_self" class="card-link"> YipitData, Forrest Solutions Each Ink 18K-SF Deals at 19 West 44th Street </a> </h3> <h6 class="byline"> <span>By</span> Isabelle Durso </h6> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="leases bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Stefan-Soloviev-9-West-57th-St-credit-King-of-Hearts-CC-BY-SA-3.0-via-Wikimedia-Commons.jpg?quality=80&amp;crop=18px%2C0px%2C1595px%2C1281px&amp;resize=355%2C285&amp;strip" class="attachment-medium-card size-medium-card" alt="Stefan Soloviev of the Soloviev Group and 9 West 57th Street." decoding="async" /> </div> </div> <div class="card-text"> <div class="leases-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/hess-group-9-west-57th-street/" target="_self" class="card-link"> Hess Group Takes 20K SF at Soloviev’s 9 West 57th Street </a> </h3> <h6 class="byline"> <span>By</span> Mark Hallum </h6> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="more bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg?quality=80&amp;w=355&amp;h=285&amp;crop=1" class="attachment-medium-card size-medium-card" alt="Jessica Bailey and Alexandra Cooley." decoding="async" srcset="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg 2000w, https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg?resize=150,120 150w, https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg?resize=300,240 300w, https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg?resize=768,614 768w, https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg?resize=615,492 615w, https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg?resize=1536,1229 1536w, https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg?resize=355,285 355w, https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg?resize=1200,960 1200w" sizes="(max-width: 355px) 100vw, 355px" /> </div> </div> <div class="card-text"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/industry/">Industry</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/nuveen-green-capital-jessica-bailey-alexandra-cooley-c-pace/" target="_self" class="card-link"> Nuveen Green Capital’s Jessica Bailey, Alexandra Cooley Pioneer C-PACE Movement </a> </h3> <h6 class="byline"> <span>By</span> Andrew Coen </h6> </div> </div> </div> </div> </section> <section class="headliner-with-border happening-now-realgraph section-row"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header">Happening Now In Realgraph</div> </div> <div class="realgraph-card-container"> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/5600-n-wickham-rd-sale-04092025-nice-realty-south-llc-primax-properties" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="sale-label label"> Sale </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">5600 N Wickham Rd</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/800-s-texas-6-construction-04092025-housing-trust-group" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="construction-label label"> Construction </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">800 S Texas 6</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/1835a-kramer-ln-lease-04092025-quantic-wenzel" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="lease-label label"> Lease </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">1835A Kramer Ln</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/1496-san-jacinto-mall-lease-04092025-eos-fitness" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="lease-label label"> Lease </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">1496 San Jacinto Mall</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/9-west-57th-street-lease-04092025-hess-group" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="lease-label label"> Lease </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">9 West 57th Street</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/9-west-57th-street-lease-04092025-beaconlight-capital" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="lease-label label"> Lease </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">9 West 57th Street</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/19-w-44th-st-lease-04092025-yipitdata" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="lease-label label"> Lease </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">19 W 44th St</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/19-w-44th-st-lease-04092025-forrest-solutions" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="lease-label label"> Lease </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">19 W 44th St</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/828-metropolitan-ave-financing-04092025-citigroup-joyland-management" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="financing-label label"> Financing </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">828 Metropolitan Ave</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/4350-n-fairfax-dr-sale-04092025-rooney-properties-nuveen" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="sale-label label"> Sale </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">4350 N Fairfax Dr</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/140-broadway-lease-04092025-arup" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="lease-label label"> Lease </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">140 Broadway</h3> </div> </div> </a> </div> </div> <div class="realgraph-xsmall-card-wrapper xsmall-card-wrapper card-wrap"> <div class="realgraph-xsmall-card xsmall-card card"> <a href="https://realgraph.co/activity/697-n-miami-ave-financing-04092025-invictus-real-estate-partners-flow" target="_blank"> <div class="card-content"> <div class="avatar-wrapper"> <div class="avatar"></div> </div> <div class="card-text"> <div class="financing-label label"> Financing </div> <span>&nbsp;&nbsp;·&nbsp;&nbsp;</span> <div class="date"> 04/09/2025 </div> <h3 class="name">697 N Miami Ave</h3> </div> </div> </a> </div> </div> </div> </section> <section class="realgrap-cta-wrap section-row"> <a href="/realgraph/"> <div class="realgraph-cta bg-image-cover" style="background-image: url('https://commercialobserver.com/wp-content/themes/observer-unchained/images/skyline_grayscale.jpg');"> <h1>Contribute to Realgraph</h1> <h3>Add a lease, financing, or construction project</h3> <span class="faux-btn"> Get Started Now</span> <div class="logo-lock-up"> <img class="rg-icon" src="https://commercialobserver.com/wp-content/themes/observer-unchained/images/RG_Icon_Color.png" width="50" height="50" loading="lazy" decoding="async" alt="" > <img class="rg-logotype" src="https://commercialobserver.com/wp-content/themes/observer-unchained/images/RG_Logotype_KO.png" width="200" height="27" loading="lazy" decoding="async" alt="Realgraph" > </div> <div class="gradient"></div> </div> </a> </section> <section class="features-wrap"> <div class="headliner-with-border section-row"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header">Features</div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="more bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/torn-paper-GettyImages-185096087-WEB-1.jpg?quality=80&amp;w=355&amp;h=285&amp;crop=1" class="attachment-medium-card size-medium-card" alt="torn white paper on white background." decoding="async" /> </div> </div> <div class="card-text"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/industry/">Industry</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/private-credit-cre-finance/" target="_self" class="card-link"> Private Credit Is Challenging Banks and Changing the Terrain of CRE Finance </a> </h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> </div> </div> </div> </div> <div class="xsmall-card-container"><div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card first-in-list"> <div class="card-inner"> <div class="card-text"> <div class="policy-label channel"> <span><a href="https://commercialobserver.com/industry/">Industry</a></span> · <span><a href="https://commercialobserver.com/sales/">Investments &amp; Sales</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/california/">California</a></div> <h4> <a href="https://commercialobserver.com/2025/04/measure-ula-los-angeles-transfer-tax/" class="card-link"> Two Years In, Los Angeles’ ‘Mansion Tax’ More Controversial Than Ever </a> </h4> </div> </div> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <div class="card-inner"> <div class="card-text"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/more/">More</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a></div> <h4> <a href="https://commercialobserver.com/2025/04/mary-ann-tighe-cbre-interview/" class="card-link"> CBRE’s Mary Ann Tighe On the Shifts Animating New York’s Office Market </a> </h4> </div> </div> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <div class="card-inner"> <div class="card-text"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/industry/">Industry</a></span> · <span><a href="https://commercialobserver.com/more/features/">Features</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a></div> <h4> <a href="https://commercialobserver.com/2025/04/sunday-summary-the-manhattan-office-markets-return-to-form/" class="card-link"> Sunday Summary: The Manhattan Office Market’s Return to Form </a> </h4> </div> </div> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <div class="card-inner"> <div class="card-text"> <div class="policy-label channel"> <span><a href="https://commercialobserver.com/industry/">Industry</a></span> · <span><a href="https://commercialobserver.com/development/">Development</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a></div> <h4> <a href="https://commercialobserver.com/2025/04/construction-labor-inflation-deportation/" class="card-link"> Construction Labor Shortage’s Newest Culprits? Deportations and Inflation </a> </h4> </div> </div> </div> </div> </div><div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <div class="card-inner"> <div class="more bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/03/Platinum-Properties-Capture_094-WEB.jpg?quality=80&amp;w=355&amp;h=285&amp;crop=1" class="attachment-medium-card size-medium-card" alt="Dezireh Eyn and Teresa Stephenson of Platinum Properties" decoding="async" /> </div> </div> <div class="card-text"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/residential/">Residential</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a> </div> <h3> <a href="https://commercialobserver.com/2025/04/platinum-properties-dezireh-eyn-teresa-stephenson/" target="_self" class="card-link"> Brokerage Platinum Properties Moves Well Beyond Its FiDi, Residential Roots </a> </h3> <h6 class="byline"> <span>By</span> Mark Hallum </h6> </div> </div> </div> </div> </section> <!-- Hashtag Labs Ad commercialobserver_leaderboard_instream --> <div class="ad-wrapper ad-leaderboard ad-top-margin ad-leaderboard-instream ad-top-border htlad-commercialobserver_leaderboard_instream" id="commercialobserver_leaderboard_instream"></div> <section class="happening-now happening-now-leases"> <div class="headliner-with-border section-row"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header">Happening Now In Leases</div> </div> </div> </section> <section class="happening-now happening-now-finance"> <div class="headliner-with-border section-row"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header">Happening Now In Finance</div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Udi-Kore-801-East-Main-Street-Richmond-credit-Bdl2001_CC-By-SA-4.0-via-Wikimedia-Commons.jpg?quality=80&amp;crop=37px%2C0px%2C1820px%2C1281px&amp;resize=355%2C250&amp;strip" class="attachment-small-card size-small-card" alt="Udi Kore, managing partner at Octagon Finance, and 801 East Main Street, Richmond, Va." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/virginia/">Virginia</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/68m-virginia-office-resi-conversion-historic-tax-credits/" target="_self" class="card-link"> Octagon Finance Lends $68M on Virginia Office-to-Resi Conversion </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adam-Neumann-GettyImages-1458276481-WEB.jpg?quality=80&amp;w=355&amp;h=250&amp;crop=1" class="attachment-small-card size-small-card" alt="Adam Neumann." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/residential/">Residential</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/florida/">Florida</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/adam-neumann-miami-condo-development-flow-house/" target="_self" class="card-link"> Adam Neumann Nabs $155M to Finish Miami Condo Development </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Alex-Redfearn-7555-Garden-Road-West-Palm-credit-Redfearn-Capital.jpg?quality=80&amp;crop=0px%2C0px%2C1820px%2C1281px&amp;resize=355%2C250&amp;strip" class="attachment-small-card size-small-card" alt="Alex Redfearn, founder and CEO of Redfearn Capital, and 7555 Garden Road, West Palm Beach, Fla." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/florida/">Florida</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/dra-advisors-redfearn-capital-100m-florida-industrial-portfolio-recap/" target="_self" class="card-link"> DRA Advisors Joins Redfearn Capital on $108M Florida Industrial Portfolio Recap </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Tom-Burns-EastPort-rendering-credit-Affinius-Capital.jpg?quality=80&amp;crop=41px%2C0px%2C1820px%2C1281px&amp;resize=355%2C250&amp;strip" class="attachment-small-card size-small-card" alt="Tom Burns of Affinius Capital and a rendering of Eastport Logistics in Boise, Idaho." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/idaho/">Idaho</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/affinius-capital-74m-construction-financing-idaho-industrial-center/" target="_self" class="card-link"> Affinius Capital Provides $74M in Construction Financing for Idaho Industrial Center </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Morris-Betesh-828-Metropolitan-Ave-BK-credit-Bridgecity-Capital.jpg?quality=80&amp;crop=41px%2C0px%2C1820px%2C1281px&amp;resize=355%2C250&amp;strip" class="attachment-small-card size-small-card" alt="Morris Betesh of Arrow Real Estate Advisors and a rendering of 828 Metropolitan Avenue, Brooklyn." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="finance-label channel"> <span><a href="https://commercialobserver.com/residential/">Residential</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/citigroup-williamsburgh-apartments-88m-loan/" target="_self" class="card-link"> Citigroup Refis East Williamsburg Apartments With $88M Loan </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Adupeux_Nuveen-963A0757-Edit-WEB.jpg?quality=80&amp;w=355&amp;h=250&amp;crop=1" class="attachment-small-card size-small-card" alt="Jessica Bailey and Alexandra Cooley." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/industry/">Industry</a></span> · <span><a href="https://commercialobserver.com/finance/">Finance</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/nuveen-green-capital-jessica-bailey-alexandra-cooley-c-pace/" target="_self" class="card-link"> Nuveen Green Capital’s Jessica Bailey, Alexandra Cooley Pioneer C-PACE Movement </a> </h3> </div> </div> </div> </div> </section> <section class="happening-now happening-now-sales"> <div class="headliner-with-border section-row"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header">Happening Now In Sales</div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Bill-Huffman-Ballston-Virgnia-credit-Duane-Lempke_CC0-via-Wikimedia-Commons.jpg?quality=80&amp;crop=39px%2C0px%2C1820px%2C1281px&amp;resize=355%2C250&amp;strip" class="attachment-small-card size-small-card" alt="Nuveen CEO Bill Huffman and the Ballston neighborhood of Arlington, Va." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="investments-sales-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/sales/">Investments &amp; Sales</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/virginia/">Virginia</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/nuveen-virginia-office-sale-rooney/" target="_self" class="card-link"> Nuveen Sells NoVA Office for 76% Less Than What It Paid in 2006 </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Russell-Galbut-GFO_Headshots_010622_11186-credit-Michael-Pisarri.jpg?quality=80&amp;crop=0px%2C134px%2C1996px%2C1406px&amp;resize=355%2C250&amp;strip" class="attachment-small-card size-small-card" alt="Russell Galbut, cofounder of Crescent Heights." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="investments-sales-label channel"> <span><a href="https://commercialobserver.com/residential/">Residential</a></span> · <span><a href="https://commercialobserver.com/sales/">Investments &amp; Sales</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/california/">California</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/crescent-heights-calif-multifamily-essex-deal/" target="_self" class="card-link"> Crescent Heights Closes One of O.C.’s Priciest Multifamily Deals Ever </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/1255-South-Caton-Baltimore-credit-CBRE.jpg?quality=80&amp;w=355&amp;h=250&amp;crop=1" class="attachment-small-card size-small-card" alt="1255 South Caton Avenue, Baltimore." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="investments-sales-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/sales/">Investments &amp; Sales</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/maryland/">Maryland</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/clarion-pepsi-baltimore-industrial-sale/" target="_self" class="card-link"> Clarion Partners Pays $90M for Pepsi-Leased Industrial Complex Near Baltimore </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Harvey-Schwartz-19-Remsen-St-BK-credit-PropertyShark.jpg?quality=80&amp;crop=18px%2C0px%2C1820px%2C1281px&amp;resize=355%2C250&amp;strip" class="attachment-small-card size-small-card" alt="Harvey Schwartz of Carlyle Group and 1-19 Remsen Street, Brooklyn." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="investments-sales-label channel"> <span><a href="https://commercialobserver.com/industrial/">Industrial</a></span> · <span><a href="https://commercialobserver.com/sales/">Investments &amp; Sales</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/carlyle-group-purchase-east-flatbush-warehouse/" target="_self" class="card-link"> Carlyle Group Buys East Flatbush Warehouse for $50M </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Ave-of-the-Americas-block-credit-PropertyShark.jpg?quality=80&amp;w=355&amp;h=250&amp;crop=1" class="attachment-small-card size-small-card" alt="387-389 Avenue of the Americas, 391 Avenue of the Americas, 395-397 Avenue of the Americas, and 399-401 Avenue of the Americas." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="investments-sales-label channel"> <span><a href="https://commercialobserver.com/residential/">Residential</a></span> · <span><a href="https://commercialobserver.com/sales/">Investments &amp; Sales</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/realya-387-401-avenue-of-the-americas/" target="_self" class="card-link"> Realya Buys Greenwich Village Portfolio for $24M </a> </h3> </div> </div> </div> </div> <div class="small-card-wrapper card-wrap"> <div class="small-card card"> <div class="card-inner"> <div class="small-card-image bg-image-cover"> <img width="355" height="250" src="https://commercialobserver.com/wp-content/uploads/sites/3/2025/04/Rob-Speyer-148-Lafayette-St-credit-CO.jpg?quality=80&amp;crop=2px%2C0px%2C1820px%2C1281px&amp;resize=355%2C250&amp;strip" class="attachment-small-card size-small-card" alt="Tishman Speyer CEO Rob Speyer and 148 Lafayette Street." decoding="async" /> </div> <div class="small-card-image-gradient"></div> <div class="card-text"> <div class="card-headline"> <div class="investments-sales-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/sales/">Investments &amp; Sales</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/tishman-speyer-148-lafayette/" target="_self" class="card-link"> Tishman Speyer In Talks to Buy 148 Lafayette in SoHo </a> </h3> </div> </div> </div> </div> </section> <section class="happening-now happening-now-design-construction"> <div class="headliner-with-border section-row"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header">Happening Now In Design + Construction</div> </div> </div> </section> <section class="contributors"> <div class="headliner-with-border section-row"> <div class="section-header"> <div class="border">&nbsp;</div> <div class="header">Contributors</div> </div> </div> <div class="contributor-small-card-wrap card-wrap"> <div class="contributor-small-card card"> <a href="https://commercialobserver.com/2025/04/demand-flex-office-analysis/"> <div class="card-text"> <div class="card-headline"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/office/">Office</a></span> · <span><a href="https://commercialobserver.com/leases/">Leases</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/national/">National</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/demand-flex-office-analysis/" class="card-link"> Demand for Flex Office Is Growing — Where It Might Surprise You </a> </h3> <div class="author"> <div class="avatar-container"> <div class="avatar bg-image-cover" style="background-image: url('')"></div> </div> <div class="name-container"> <div class="name"> Ben Wright </div> <div class="title">Contributing Writer</div> </div> </div> </div> </a> </div> </div> <div class="contributor-small-card-wrap card-wrap"> <div class="contributor-small-card card"> <a href="https://commercialobserver.com/2025/04/hostile-takeover-of-a-new-york-city-co-op-building/"> <div class="card-text"> <div class="card-headline"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/residential/">Residential</a></span> · <span><a href="https://commercialobserver.com/more/columnists/">Columnists</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/04/hostile-takeover-of-a-new-york-city-co-op-building/" class="card-link"> How to Execute a ‘Hostile Takeover’ of a New York City Co-op Building </a> </h3> <div class="author"> <div class="avatar-container"> <div class="avatar bg-image-cover" style="background-image: url('https://commercialobserver.com/wp-content/uploads/sites/3/2013/04/robert-knakal.jpg?quality=80&#038;w=166')"></div> </div> <div class="name-container"> <div class="name"> Robert Knakal </div> <div class="title">Contributing Writer</div> </div> </div> </div> </a> </div> </div> <div class="contributor-small-card-wrap card-wrap"> <div class="contributor-small-card card"> <a href="https://commercialobserver.com/2025/03/how-to-fix-new-york-city-housing/"> <div class="card-text"> <div class="card-headline"> <div class="more-label channel"> <span><a href="https://commercialobserver.com/residential/">Residential</a></span> · <span><a href="https://commercialobserver.com/development/">Development</a></span> </div> <div class="divider"></div> <div class="market"><a href="https://commercialobserver.com/market/new-york-city/">New York City</a></div> </div> <h3> <a href="https://commercialobserver.com/2025/03/how-to-fix-new-york-city-housing/" class="card-link"> OK, I’ll Tell You How to Fix New York City’s Housing Crisis … </a> </h3> <div class="author"> <div class="avatar-container"> <div class="avatar bg-image-cover" style="background-image: url('https://commercialobserver.com/wp-content/uploads/sites/3/2013/04/robert-knakal.jpg?quality=80&#038;w=166')"></div> </div> <div class="name-container"> <div class="name"> Robert Knakal </div> <div class="title">Contributing Writer</div> </div> </div> </div> </a> </div> </div> </section> </main><!-- #main --> </div><!-- #primary --> <svg aria-hidden="true" style="position: absolute; width: 0; height: 0; overflow: hidden;" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"> <defs> <symbol id="icon-envelope" viewBox="0 0 28 28"> <path d="M26 23.5v-12c-0.328 0.375-0.688 0.719-1.078 1.031-2.234 1.719-4.484 3.469-6.656 5.281-1.172 0.984-2.625 2.188-4.25 2.188h-0.031c-1.625 0-3.078-1.203-4.25-2.188-2.172-1.813-4.422-3.563-6.656-5.281-0.391-0.313-0.75-0.656-1.078-1.031v12c0 0.266 0.234 0.5 0.5 0.5h23c0.266 0 0.5-0.234 0.5-0.5zM26 7.078c0-0.391 0.094-1.078-0.5-1.078h-23c-0.266 0-0.5 0.234-0.5 0.5 0 1.781 0.891 3.328 2.297 4.438 2.094 1.641 4.188 3.297 6.266 4.953 0.828 0.672 2.328 2.109 3.422 2.109h0.031c1.094 0 2.594-1.437 3.422-2.109 2.078-1.656 4.172-3.313 6.266-4.953 1.016-0.797 2.297-2.531 2.297-3.859zM28 6.5v17c0 1.375-1.125 2.5-2.5 2.5h-23c-1.375 0-2.5-1.125-2.5-2.5v-17c0-1.375 1.125-2.5 2.5-2.5h23c1.375 0 2.5 1.125 2.5 2.5z"></path> </symbol> <symbol id="icon-twitter" viewBox="0 0 512 512"> <path d="M389.2 48h70.6L305.6 224.2 487 464H345L233.7 318.6 106.5 464H35.8L200.7 275.5 26.8 48H172.4L272.9 180.9 389.2 48zM364.4 421.8h39.1L151.1 88h-42L364.4 421.8z"/> </symbol> <symbol id="icon-facebook" viewBox="0 0 16 28"> <path d="M14.984 0.187v4.125h-2.453c-1.922 0-2.281 0.922-2.281 2.25v2.953h4.578l-0.609 4.625h-3.969v11.859h-4.781v-11.859h-3.984v-4.625h3.984v-3.406c0-3.953 2.422-6.109 5.953-6.109 1.687 0 3.141 0.125 3.563 0.187z"></path> </symbol> <symbol id="icon-linkedin" viewBox="0 0 24 28"> <path d="M5.453 9.766v15.484h-5.156v-15.484h5.156zM5.781 4.984c0.016 1.484-1.109 2.672-2.906 2.672v0h-0.031c-1.734 0-2.844-1.188-2.844-2.672 0-1.516 1.156-2.672 2.906-2.672 1.766 0 2.859 1.156 2.875 2.672zM24 16.375v8.875h-5.141v-8.281c0-2.078-0.75-3.5-2.609-3.5-1.422 0-2.266 0.953-2.641 1.875-0.125 0.344-0.172 0.797-0.172 1.266v8.641h-5.141c0.063-14.031 0-15.484 0-15.484h5.141v2.25h-0.031c0.672-1.062 1.891-2.609 4.672-2.609 3.391 0 5.922 2.219 5.922 6.969z"></path> </symbol> <symbol id="icon-instagram" viewBox="0 0 24 28"> <path d="M16 14c0-2.203-1.797-4-4-4s-4 1.797-4 4 1.797 4 4 4 4-1.797 4-4zM18.156 14c0 3.406-2.75 6.156-6.156 6.156s-6.156-2.75-6.156-6.156 2.75-6.156 6.156-6.156 6.156 2.75 6.156 6.156zM19.844 7.594c0 0.797-0.641 1.437-1.437 1.437s-1.437-0.641-1.437-1.437 0.641-1.437 1.437-1.437 1.437 0.641 1.437 1.437zM12 4.156c-1.75 0-5.5-0.141-7.078 0.484-0.547 0.219-0.953 0.484-1.375 0.906s-0.688 0.828-0.906 1.375c-0.625 1.578-0.484 5.328-0.484 7.078s-0.141 5.5 0.484 7.078c0.219 0.547 0.484 0.953 0.906 1.375s0.828 0.688 1.375 0.906c1.578 0.625 5.328 0.484 7.078 0.484s5.5 0.141 7.078-0.484c0.547-0.219 0.953-0.484 1.375-0.906s0.688-0.828 0.906-1.375c0.625-1.578 0.484-5.328 0.484-7.078s0.141-5.5-0.484-7.078c-0.219-0.547-0.484-0.953-0.906-1.375s-0.828-0.688-1.375-0.906c-1.578-0.625-5.328-0.484-7.078-0.484zM24 14c0 1.656 0.016 3.297-0.078 4.953-0.094 1.922-0.531 3.625-1.937 5.031s-3.109 1.844-5.031 1.937c-1.656 0.094-3.297 0.078-4.953 0.078s-3.297 0.016-4.953-0.078c-1.922-0.094-3.625-0.531-5.031-1.937s-1.844-3.109-1.937-5.031c-0.094-1.656-0.078-3.297-0.078-4.953s-0.016-3.297 0.078-4.953c0.094-1.922 0.531-3.625 1.937-5.031s3.109-1.844 5.031-1.937c1.656-0.094 3.297-0.078 4.953-0.078s3.297-0.016 4.953 0.078c1.922 0.094 3.625 0.531 5.031 1.937s1.844 3.109 1.937 5.031c0.094 1.656 0.078 3.297 0.078 4.953z"></path> </symbol> <symbol id="icon-mail" viewBox="0 0 20 20"> <path d="M1.574 5.286c0.488 0.262 7.248 3.894 7.5 4.029s0.578 0.199 0.906 0.199c0.328 0 0.654-0.064 0.906-0.199s7.012-3.767 7.5-4.029c0.489-0.263 0.951-1.286 0.054-1.286h-16.919c-0.897 0-0.435 1.023 0.053 1.286zM18.613 7.489c-0.555 0.289-7.387 3.849-7.727 4.027s-0.578 0.199-0.906 0.199-0.566-0.021-0.906-0.199-7.133-3.739-7.688-4.028c-0.39-0.204-0.386 0.035-0.386 0.219s0 7.293 0 7.293c0 0.42 0.566 1 1 1h16c0.434 0 1-0.58 1-1 0 0 0-7.108 0-7.292s0.004-0.423-0.387-0.219z"></path> </symbol> <symbol id="icon-filled-envelope" viewBox="0 0 14 14"> <path d="M1.23 1.903h11.54c.183 0 .356.043.512.116l-4.5 4.515-.001.001-1.463 1.468c-.156.156-.481.156-.637 0L5.218 6.535l-.001-.001-4.5-4.515a1.21 1.21 0 0 1 .513-.116Zm6.668 6.68 1.173-1.177 4.211 4.225c-.156.072-.33.116-.513.116H1.23a1.22 1.22 0 0 1-.513-.116l4.211-4.225 1.173 1.176c.485.488 1.322.477 1.797 0v.001ZM.131 2.593a1.209 1.209 0 0 0-.131.54v7.383c0 .195.05.377.13.541l4.22-4.232L.13 2.592l.001.001Zm9.52 4.232 4.218-4.233c.082.164.131.346.131.541v7.383c0 .195-.05.377-.13.541L9.65 6.825h.001Z" /> </symbol> </defs> </svg> <div class="piano piano--alert"> <div class="piano--alert-close"></div> <div class="piano--alert-render"></div> </div> <footer class="site-footer"> <hr class="footer-separator"> <div class="footer-menu-wrap"> <nav class="menu-footer-menu-container" aria-label="Footer menu"><ul id="menu-footer-menu" class="menu"><li id="menu-item-506325" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-has-children menu-item-506325"><a href="https://commercialobserver.com/industry/">Industry</a> <ul class="sub-menu"> <li id="menu-item-506331" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506331"><a href="https://commercialobserver.com/residential/">Residential</a></li> <li id="menu-item-506330" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506330"><a href="https://commercialobserver.com/office/">Office</a></li> <li id="menu-item-506332" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506332"><a href="https://commercialobserver.com/retail/">Retail</a></li> <li id="menu-item-506324" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506324"><a href="https://commercialobserver.com/industrial/">Industrial</a></li> <li id="menu-item-506323" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506323"><a href="https://commercialobserver.com/hospitality/">Hospitality</a></li> <li id="menu-item-506322" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506322"><a href="https://commercialobserver.com/healthcare/">Healthcare</a></li> <li id="menu-item-506328" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506328"><a href="https://commercialobserver.com/life-sciences/">Life Sciences</a></li> <li id="menu-item-506333" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506333"><a href="https://commercialobserver.com/special-purpose/">Special Purpose</a></li> <li id="menu-item-506326" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506326"><a href="https://commercialobserver.com/infrastructure/">Infrastructure</a></li> <li id="menu-item-506329" class="menu-item menu-item-type-taxonomy menu-item-object-industry_type menu-item-506329"><a href="https://commercialobserver.com/mixed-use/">Mixed-Use</a></li> </ul> </li> <li id="menu-item-316221" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316221"><a href="https://commercialobserver.com/leases/">Leases</a> <ul class="sub-menu"> <li id="menu-item-316223" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316223"><a href="https://commercialobserver.com/leases/office/">Office Leases</a></li> <li id="menu-item-506338" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-506338"><a href="https://commercialobserver.com/leases/ground-lease/">Ground Lease</a></li> <li id="menu-item-507251" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507251"><a href="https://commercialobserver.com/leases/sublease/">Sublease</a></li> <li id="menu-item-506348" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-506348"><a href="https://commercialobserver.com/leases/tenant-talk/">Tenant Talk</a></li> </ul> </li> <li id="menu-item-316225" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316225"><a href="https://commercialobserver.com/finance/">Finance</a> <ul class="sub-menu"> <li id="menu-item-316226" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316226"><a href="https://commercialobserver.com/finance/acquisition/">Acquisition</a></li> <li id="menu-item-316228" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316228"><a href="https://commercialobserver.com/finance/construction/">Construction Financing</a></li> <li id="menu-item-316227" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316227"><a href="https://commercialobserver.com/finance/cmbs/">CMBS</a></li> <li id="menu-item-378771" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-378771"><a href="https://commercialobserver.com/finance/distress/">Distress</a></li> <li id="menu-item-316229" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316229"><a href="https://commercialobserver.com/finance/refinance/">Refinance</a></li> </ul> </li> <li id="menu-item-316230" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316230"><a href="https://commercialobserver.com/sales/">Investments</a> <ul class="sub-menu"> <li id="menu-item-506667" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-506667"><a href="https://commercialobserver.com/sales/development-site-sale/">Development Site</a></li> <li id="menu-item-506669" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-506669"><a href="https://commercialobserver.com/sales/portfolio-sale/">Portfolio Sale</a></li> <li id="menu-item-507586" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507586"><a href="https://commercialobserver.com/sales/sale-leaseback/">Sale-Leaseback</a></li> <li id="menu-item-507585" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507585"><a href="https://commercialobserver.com/sales/value-add/">Value-Add</a></li> </ul> </li> <li id="menu-item-316237" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316237"><a href="https://commercialobserver.com/development/">Development</a> <ul class="sub-menu"> <li id="menu-item-316238" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316238"><a href="https://commercialobserver.com/development/architecture/">Architecture</a></li> <li id="menu-item-316239" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316239"><a href="https://commercialobserver.com/development/construction/">Construction</a></li> <li id="menu-item-507236" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507236"><a href="https://commercialobserver.com/development/conversion/">Conversion</a></li> <li id="menu-item-506321" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-506321"><a href="https://commercialobserver.com/development/redevelopment/">Redevelopment</a></li> <li id="menu-item-507235" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507235"><a href="https://commercialobserver.com/development/sustainability/">Sustainability</a></li> </ul> </li> <li id="menu-item-507318" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-507318"><a href="https://commercialobserver.com/capital-markets/">Capital Markets</a> <ul class="sub-menu"> <li id="menu-item-507319" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507319"><a href="https://commercialobserver.com/capital-markets/alternative-lending/">Alternative Lending</a></li> <li id="menu-item-507320" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507320"><a href="https://commercialobserver.com/capital-markets/earnings/">Earnings</a></li> <li id="menu-item-507597" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507597"><a href="https://commercialobserver.com/capital-markets/economy/">Economy</a></li> <li id="menu-item-507321" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507321"><a href="https://commercialobserver.com/capital-markets/foreign-investments/">Foreign Investments</a></li> <li id="menu-item-507322" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507322"><a href="https://commercialobserver.com/capital-markets/private-credit/">Private Credit</a></li> <li id="menu-item-507323" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507323"><a href="https://commercialobserver.com/capital-markets/private-equity/">Private Equity</a></li> <li id="menu-item-507324" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507324"><a href="https://commercialobserver.com/capital-markets/public-markets/">Public Markets</a></li> <li id="menu-item-507325" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-507325"><a href="https://commercialobserver.com/capital-markets/reits/">REITs</a></li> </ul> </li> <li id="menu-item-332000" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-332000"><a href="https://commercialobserver.com/technology/">Technology</a></li> <li id="menu-item-316245" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316245"><a href="https://commercialobserver.com/more/">More</a> <ul class="sub-menu"> <li id="menu-item-316248" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316248"><a href="https://commercialobserver.com/more/features/">Features</a></li> <li id="menu-item-316247" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316247"><a href="https://commercialobserver.com/more/columnists/">Columnists</a></li> <li id="menu-item-316246" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316246"><a href="https://commercialobserver.com/more/research-analysis/">Research &amp; Analysis</a></li> <li id="menu-item-316250" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316250"><a href="https://commercialobserver.com/legal/">Legal</a></li> <li id="menu-item-316251" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316251"><a href="https://commercialobserver.com/more/players/">Players</a></li> <li id="menu-item-316253" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316253"><a href="https://commercialobserver.com/policy/transportation/">Transportation</a></li> </ul> </li> <li id="menu-item-316254" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-316254"><a href="https://commercialobserver.com/about/">About</a> <ul class="sub-menu"> <li id="menu-item-462828" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-462828"><a href="https://commercialobserver.com/membership/">Membership</a></li> <li id="menu-item-316257" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-316257"><a href="/advertise">Advertise</a></li> <li id="menu-item-388010" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-388010"><a href="https://commercialobserver.com/newsletters/">Newsletters</a></li> <li id="menu-item-316258" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-316258"><a href="/contact">Contact</a></li> <li id="menu-item-326926" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-326926"><a target="_blank" rel="noopener" href="http://www.commercialobserverreprints.com/">Reprints</a></li> </ul> </li> </ul></nav> </div> <div class="footer-magazine-wrap"> <div class="container"> <p>Read the latest edition of the <a href="https://commercialobserver.com/magazine">Commercial Observer</a> online!</p> <a href="https://commercialobserver.com/magazine"> <img src="https://commercialobserver.com/wp-content/uploads/sites/3/2020/08/CO-07-28-2020-footer.jpg?quality=80" width="178" height="204" loading="lazy" decoding="async" alt="July 28th 2020 Magazine Issue Cover" /> </a> </div> </div> <div class="copyright-wrap"> <span>&copy; 2025 Observer Media</span> <a href="https://commercialobserver.com/terms/">Terms</a> <a href="https://commercialobserver.com/privacy/">Privacy</a> <!-- OneTrust Cookies Settings link start --> <a class="ot-sdk-link ot-sdk-show-settings" onClick="return false;" href="#">Cookie Settings</a> <!-- OneTrust Cookies Settings link end --> <!-- OneTrust Do Not Sell link start --> <a class="ot-button" href="https://privacyportal.onetrust.com/webform/8bf444f2-ddd6-41ff-8e24-b69ac0176e05/19c22396-023a-465c-a9c0-d9f831d1d9cd">Do not sell my data</a> <!-- OneTrust Do Not Sell link end --> <a href="https://commercialobserver.com/co-sitemap/">Sitemap</a> </div> </footer> <script id='profitwell-js' data-pw-auth='9fcbc71706e441281b7aa5cb24b9d76d'> var startOptions = {}; function getCookieVal(offset) { var endstr = document.cookie.indexOf (";", offset); if (endstr == -1) { endstr = document.cookie.length; } return unescape(document.cookie.substring(offset, endstr)); } function getCookie(name) { var arg = name + "="; var alen = arg.length; var clen = document.cookie.length; var i = 0; while (i < clen) { var j = i + alen; if (document.cookie.substring(i, j) == arg) { return getCookieVal(j); } i = document.cookie.indexOf(" ", i) + 1; if (i == 0) break; } return ""; } function getProfitwellIDFromPianoCookie() { var cookieID = "hc_piano_login"; var cookieData = getCookie(cookieID); if (!cookieData) { return null; } cookieData = JSON.parse(cookieData); return cookieData.profitwell; } var profitwellID = getProfitwellIDFromPianoCookie(); if (profitwellID) { startOptions.user_id = profitwellID; } // Get UID if any. (function(i,s,o,g,r,a,m){i[o]=i[o]||function(){(i[o].q=i[o].q||[]).push(arguments)}; a=s.createElement(g);m=s.getElementsByTagName(g)[0];a.async=1;a.src=r+'?auth='+ s.getElementById(o+'-js').getAttribute('data-pw-auth');m.parentNode.insertBefore(a,m); })(window,document,'profitwell','script','https://public.profitwell.com/js/profitwell.js'); profitwell('start', startOptions); </script> <script> window.vmg_piano = {"url":"https:\/\/dashboard.tinypass.com\/","url_js":"\/\/cdn.tinypass.com\/api\/tinypass.min.js","sandbox_mode":false,"debug_mode":false,"app_id":"HMNCAvNFta","content":[{"type":"tags","pianoFn":"setTags","key":null,"value":[],"scope":"site"}],"middleware_host":"https:\/\/concise-reserve-222518.appspot.com"} </script> <script> // Setup Piano/Tinypass // Defined in a way that handles deferred loading of the Piano JS tp = window.tp || []; // Set Piano ID URL tp.push(['setPianoIdUrl', 'https://auth.commercialobserver.com/']); // Set Application ID (different for sandbox) tp.push(["setAid", window.vmg_piano.app_id]); // Is application in sandbox? tp.push(["setSandbox", window.vmg_piano.sandbox_mode == true]); // Does application use Piano ID? tp.push(["setUsePianoIdUserProvider", true]); // Debug mode (not sure what this does, but maybe it triggers extra console.logging?) tp.push(["setDebug", window.vmg_piano.debug_mode == true]); // Support for Third Party Cookies needed for Piano tp.push(['setCloudflareWorkerUrl', 'https://id.commercialobserver.com']); tp.push(['addHandler', 'loginSuccess', function (data) { if (data.source == 'PIANOID') { location.reload(); // this reloads the page after direct login (NOT login inside checkout) } }]); if (window.vmg_piano.content) { window.vmg_piano.content.forEach(function(contentPoint) { if (contentPoint.type == 'custom') { tp.push(['setCustomVariable', contentPoint.key, contentPoint.value]); } else if (contentPoint.type == 'param') { tp.push(['setCustomParam', contentPoint.key, contentPoint.value, contentPoint.scope]); } else { tp.push([contentPoint.pianoFn, contentPoint.value]); } }); } if (window.vmg_piano.debug_mode == true) { console.log('Debug Mode enabled', tp); console.log('WP Details', window.vmg_piano); } // OBM-719 tp.push(["setCxenseSiteId", "1138596495834131570"]); // Update the account management button state/visibility pianoLoginLogoutButtons = function() { if (!document.querySelector('.piano-account-management')) { return; // menu isn't here, nothing for us to do. } var user_logged_in = tp.user.isUserValid(), $active_elements = document.querySelectorAll('.piano-account-active-container'), $inactive_elements = document.querySelectorAll('.piano-account-inactive-container'); for (var i = 0; i < $active_elements.length; i++) { var $el = $active_elements[i]; if (user_logged_in) { $el.classList.add('show-menu'); } else { $el.classList.remove('show-menu'); } } for (var i = 0; i < $inactive_elements.length; i++) { var $el = $inactive_elements[i]; if (user_logged_in) { $el.classList.remove('show-menu'); } else { $el.classList.add('show-menu'); } } }; // Redirect to the homepage (used on successful logout) pianoLogoutHandler = function() { window.location = '/'; }; pianoLoginHandler = function() { // Update the navigation buttons pianoLoginLogoutButtons(); // If in the middle of password reset/change, take the user to the homepage if (window.location.href.match(/\/(reset|new)-password\//)) { window.location = '/'; } else { // All other pages, refresh the page window.location.reload(); } }; (function() { tp.push(["init", function() { function closeFlyoutMenu() { // Close the flyout menu, if open document.querySelector('#flyout-close').click(); } // Enable Google Analytics 4. tp.setGA4Config( { measurementId: 'G-C8EN6PLDZB', } ); // Initialize composer experiences. tp.experience.init(); // Enable cross domain tracking for GA tp.enableGACrossDomainLinking(); if (document.querySelector('.piano-account-management')) { // Show the correct account/login/signup buttons pianoLoginLogoutButtons(); // Login button click handler var $login_buttons = document.querySelectorAll(".piano-login-button"); for (var i = 0; i < $login_buttons.length; i++) { $el = $login_buttons[i]; $el.addEventListener('click', function() { // Show the login Piano ID screen tp.pianoId.show({ screen: 'login', loggedIn: pianoLoginHandler }); closeFlyoutMenu(); }); } // Log out button click handler var $logout_buttons = document.querySelectorAll(".piano-logout-button"); for (var i = 0; i < $logout_buttons.length; i++) { $el = $logout_buttons[i]; $el.addEventListener('click', function() { // Log the user out of Piano ID tp.pianoId.logout(pianoLogoutHandler); closeFlyoutMenu(); }); } } }]); // Update the buttons when the user logs in, by any means tp.push(["addHandler", "loginSuccess", pianoLoginLogoutButtons]); })(); (function(src) { var a = document.createElement("script"); a.type = "text/javascript"; a.async = true; a.src = src; var b = document.getElementsByTagName("script")[0]; b.parentNode.insertBefore(a, b) })(window.vmg_piano.url_js); </script> <script type="text/javascript" src="https://commercialobserver.com/_static/??-eJyNzUsOwjAMRdENkVpAJGCAWAtN3MohP9lJK3aPqRgwg/E9Tw/WalzJDXODGvtMWaCMgrwgmzEW9zDoqRUGT9IgCEy8cT8E2YGuKbvYPcq7bWbRqF5TLfE5UYxqkNuQKP8aMc6o9q6HhntulPCf2dfXh9/SdX+yR2sv54MNL1rlVVM=" ></script><script type="text/javascript" src="https://commercialobserver.com/wp-includes/js/dist/hooks.min.js?ver=2810c76e705dd1a53b18" id="wp-hooks-js"></script> <script type="text/javascript" src="https://commercialobserver.com/wp-includes/js/dist/i18n.min.js?ver=5e580eb46a90c2b997e6" id="wp-i18n-js"></script> <script type="text/javascript" id="wp-i18n-js-after"> /* <![CDATA[ */ wp.i18n.setLocaleData( { 'text direction\u0004ltr': [ 'ltr' ] } ); /* ]]> */ </script> <script type="text/javascript" src="https://commercialobserver.com/wp-content/mu-plugins/wp-parsely-3.17/build/loader.js?m=1744125184g" ></script><script type="text/javascript" data-parsely-site="commercialobserver.com" src="https://cdn.parsely.com/keys/commercialobserver.com/p.js?ver=3.17.0" id="parsely-cfg"></script> <script defer type="text/javascript" src="https://ak.sail-horizon.com/spm/spm.v1.min.js?ver=20170302" id="sailthru-js"></script> <script type="text/javascript" id="unchained-script-js-extra"> /* <![CDATA[ */ var piano_handlers = {"ajaxurl":"https:\/\/commercialobserver.com\/wp-admin\/admin-ajax.php","currentData":null,"nonceURL":"https:\/\/commercialobserver.com\/wp-json\/piano\/nonce","get_newsletter_url":"https:\/\/commercialobserver.com\/wp-json\/piano\/get-email-preferences","update_newsletter_url":"https:\/\/commercialobserver.com\/wp-json\/piano\/update-email-preferences","membershipPageLink":"https:\/\/commercialobserver.com\/membership\/"}; /* ]]> */ </script> <script type="text/javascript" id="piano-sailthru-js-extra"> /* <![CDATA[ */ var piano_sailthru = {"ajaxurl":"https:\/\/commercialobserver.com\/wp-admin\/admin-ajax.php","debug":"","sailthruCustomerID":"a5ea0ac8f0f77f7cd122c826057f84d1","userLists":[],"userListIDs":[],"userVariables":{"franchise_campaign":"newsletter-signup"},"newsletterModuleTitle":"Signup for the Commercial Observer Newsletter","newsletterModuleDescription":"","newsletterModuleCTA":"Submit","newslettersHash":"defaultNewsletter"}; /* ]]> */ </script> <script type="text/javascript" src="https://commercialobserver.com/_static/??-eJyljkEOQiEMBS8kv1Ex6sJ4li80oQiFtEUTTy8eQV2/mcmDZ3fEoYyICllhcETR0ASXSrxk3cAkQmNDNrCEdXLtpigPFDc4pJUY40eNpAYahLrp13JtcZS5vnAe0PtPbqeVm/u/oCsVSzJm4lov26Pfe38+7Q75DYN0cQA=" ></script><script type="text/javascript" src="https://stats.wp.com/e-202515.js" id="jetpack-stats-js" data-wp-strategy="defer"></script> <script type="text/javascript" id="jetpack-stats-js-after"> /* <![CDATA[ */ _stq = window._stq || []; _stq.push([ "view", JSON.parse("{\"v\":\"ext\",\"blog\":\"168797018\",\"post\":\"0\",\"tz\":\"-4\",\"srv\":\"commercialobserver.com\",\"hp\":\"vip\",\"j\":\"1:14.0\"}") ]); _stq.push([ "clickTrackerInit", "168797018", "0" ]); /* ]]> */ </script> <!-- Begin comScore Tag --> <script> var _comscore=_comscore||[];_comscore.push({c1:"2",c2:"37161820"}),function(){var c=document.createElement("script"),e=document.getElementsByTagName("script")[0];c.async=!0,c.src="https://sb.scorecardresearch.com/cs/37161820/beacon.js",e.parentNode.insertBefore(c,e)}(); </script> <noscript><img src="https://sb.scorecardresearch.com/p?c1=2&c2=37161820&cv=3.6.0&cj=1" alt=""></noscript> <!-- End comScore Tag --> <script type="text/javascript">window.NREUM||(NREUM={});NREUM.info={"beacon":"bam.nr-data.net","licenseKey":"21151edd0b","applicationID":"312934720","transactionName":"M1AHMUpTCEpYBxVQCwoaJAZMWwlXFgITVgoQGBUEX1c=","queueTime":0,"applicationTime":993,"atts":"HxcQRwJJGxUbBUMDHxlI","errorBeacon":"bam.nr-data.net","agent":""}</script></body> </html>

Pages: 1 2 3 4 5 6 7 8 9 10