The WPJ

North America Commercial

Flight to Quality Drives U.S. Downtown Office Market in 2025

A sharp divide is emerging in the U.S. office market: companies are shedding secondary space while doubling down on premium buildings in central business districts, underscoring a renewed willingness to pay for workplaces that can justify the commute.

Manhattan Retail Tightens as Availability Hits Record Low in Early 2026

Manhattan's prime retail corridors tightened further in the first quarter, with availability falling to the lowest level on record even as consumer spending showed signs of strain, according to a new report from JLL.

Commercial Lending Surges as Capital Returns in Late 2025

U.S. commercial real estate lenders closed out 2025 with renewed momentum, as capital returned to the market and underwriting conditions showed incremental easing, according to CBRE Group research.

Trump Presidential Library to Rise as Skyscraper Over Miami Waterfront

The foundation building President Donald J. Trump's presidential library has released the first architectural renderings of a project that breaks sharply with tradition: a towering glass-and-steel skyscraper on the Miami waterfront rather than a low-slung campus of the sort that has housed every modern presidential library.

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