CRE Journal: 6/13/2025

Top Stories

• Live Nation to Spend $1B on Venues for Underserved Markets

• Office, Industrial, and Retail Sectors Face Hefty Lease Rollovers This Year

• Crusoe Gets $750M To Expand in AI and Data Centers

• 'Exceptional In The Wrong Way': Global Investors Hit Pause On U.S. As Europe Rises

Retail

• NRF: Retail sales inch up in May; pre-tariff ‘pull-forward’ shopping lessens

• Online grocery sales see 27% annual rise in May, but dip month over month

• UNFI cyberattack shuts down network and leaves Whole Foods and others in limbo

• Canada-Based Asian Grocery Chain T&T Supermarket Expands In SoCal

Office

• Office Arbitrage Drives Record Sales Of Premium Assets

• Uncommon Developers Lands Nine-Figure Loan for Downtown L.A. Office Tower

• Office Recovery Plateaus as Hybrid Work Proves Difficult to Change

Industrial

• Invesco Provides $355M Loan to Bridge Logistics

• Top industrial real estate trends

• Invesco Commercial Real Estate Finance Trust, Inc. ("INCREF") Provides $354.6M To Refinance Industrial Portfolio

Multifamily

• Canyon Provides $126M in Refis for Multiple Properties

• Philadelphia Leads The Northeast In Micro-Apartments — But Perhaps Not For Long

• Apartment developer sees muted impact from tariffs so far

Industry Insights

• Half Way Through 2025, Where is the Multifamily Market Going Now?

• REIT results recap – Q1 2025

• The ‘Hidden’ Tenant Experience

Events

• 5 Commercial Real Estate Events You Should Attend in 2025/2026

Meme of the Day

Video of the Day

Quote of the Day

The fastest way to change yourself is to hang out with people who are already the way you want to be.” —Reid Hoffman, LinkedIn co-founder

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Till next time,

Daniel