Leo Vance

Leo Vance is a business correspondent for Crezzio, focusing on regional economic trends, commercial real estate, and local market analysis. He reports on the key transactions and development projects shaping mid-sized American cities.

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Since 2025

Commercial Real EstateLocal EconomiesUrban DevelopmentMarket Analysis

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Leo Vance

Real Estate—March 1, 2026

Major Redmond Development Site Hits the Market

A 14-acre property in Redmond, Washington, formerly home to a Sears store, is now on the market, offering a major mixed-use development opportunity.

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Real Estate—March 1, 2026

Austin Industrial Market Faces High Vacancy Amidst Optimism

Austin's industrial real estate market is facing high vacancy rates and a construction slowdown, yet brokers remain optimistic about the region's long-term growth.

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Real Estate—February 28, 2026

Tech Billionaires Drive Miami Luxury Real Estate Surge

Google co-founder Larry Page is leading a new wave of tech billionaires moving to Miami, spending over $180M and driving a surge in luxury real estate.

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Real Estate—February 25, 2026

San Francisco's Transamerica Pyramid Set for European Sale

San Francisco's iconic Transamerica Pyramid is being sold to Yoda Plc, a Cyprus-based firm, marking a major vote of confidence from a new European investor.

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Real Estate—February 24, 2026

California Firm Buys Distressed Lake Forest Office Complex

A California-based firm has acquired a half-empty office complex in Lake Forest, Illinois, making a significant bet on the suburban Chicago office market.

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Real Estate—February 22, 2026

Starbucks Property on Route 17 in Paramus Acquired by Investor

A high-traffic drive-thru Starbucks property on Route 17 in Paramus has been sold, signaling strong investor confidence in New Jersey's prime retail real estate.

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Real Estate—February 22, 2026

Historic California Ranch with Hollywood Ties on Sale for $25M

A historic 535-acre California ranch, once a retreat for Hollywood stars like Gary Cooper, is on the market for $25 million, offering a piece of history.

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Real Estate—February 19, 2026

Two Detroit Apartment Complexes Head to Auction Amid Low Occupancy

An Israeli investor is auctioning two Detroit apartment complexes with low occupancy rates, creating a significant lease-up opportunity for new ownership.

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Real Estate—February 18, 2026

Epstein's Link to Failed Detroit Real Estate Deal Revealed

A major real estate deal in downtown Detroit that never materialized reportedly involved an attempt to secure assistance from the late financier Jeffrey Epstein.

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Real Estate—February 13, 2026

Richmond Real Estate Market Sees Over $5M in Top Sales

Richmond's commercial real estate market is buzzing with activity, highlighted by two major sales at $1.7 million each and a series of significant leases.

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Real Estate—February 12, 2026

OpenAI Finalizes Deal for Massive San Francisco Campus

OpenAI, the creator of ChatGPT, is finalizing a deal to occupy a massive 450,000-square-foot office complex in San Francisco, signaling major growth.

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Real Estate—February 9, 2026

Portland Office Values Plummet 70%, Straining City Budgets

Portland's 20 largest office buildings have lost nearly 70% of their market value since 2019, triggering major budget shortfalls for the city and schools.

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Real Estate—February 7, 2026

Real Estate Leaders Share 2026 Market Outlook

Industry leaders from CoStar and CBRE Inc. convened at Cal State Fullerton’s 2026 Commercial Real Estate Forum to analyze trends in the industrial, retail, office, and multifamily markets.

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Real Estate—February 7, 2026

New York Firm Buys 100 Acres in Canton for $17 Million

A New York-affiliated firm has purchased over 100 acres of commercial land in Canton, Ohio, for $17 million, signaling significant investor interest in the region.

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Real Estate—February 1, 2026

Portland's Restaurant Scene Shifts as Key Properties Open Up

Portland's restaurant real estate market is experiencing a significant shift, with dozens of key properties now available for sale or lease across the city.

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Real Estate—February 1, 2026

Private Clubs Are the New Anchor Tenants in Luxury Malls

Exclusive, members-only social clubs are becoming the new anchor tenants in luxury shopping centers, offering landlords a way to fill space and drive affluent traffic.

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Real Estate—January 31, 2026

NYC's Flatiron Building Now Offers Luxury Condos

New York City's landmark Flatiron Building is being converted into 38 luxury condominiums, offering residences in the iconic structure for the first time.

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Real Estate—January 31, 2026

NYC Real Estate Sees $303M in Deals in a Single Day

New York City real estate saw a flurry of activity with 170 transactions totaling $303 million recorded on a single Friday, led by major residential and commercial sales.

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Real Estate—January 27, 2026

Jacksonville Commercial Real Estate Market Shows Signs of Cooling

Jacksonville's commercial real estate market is seeing a slowdown in construction and stabilizing vacancy rates, but the industrial sector continues to expand.

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Real Estate—January 24, 2026

Salt Lake City's Gateway Mall Hits the Market

The Gateway, a landmark retail and entertainment complex in Salt Lake City, is on the market following a $100 million renovation that boosted occupancy to 92%.

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