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.
Portfolio
Meta's Mark Zuckerberg and Google's Sergey Brin have finalized Miami-area estate purchases totaling over $220 million, joining other tech titans in South Florida.
An industrial building in Branford, Connecticut, has been sold for $6 million to an investor who plans to establish a large-scale cannabis cultivation facility.
In the first two months of 2026, over $126 million in capital from New York and California has flowed into South Florida real estate, signaling a permanent wealth migration.
The iconic Manhattan townhouse of the late Ivana Trump has sold for $14 million, a significant $12.5 million reduction from its original 2022 asking price.
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.
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.
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.
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.
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.
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.
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.
An Israeli investor is auctioning two Detroit apartment complexes with low occupancy rates, creating a significant lease-up opportunity for new ownership.
A major real estate deal in downtown Detroit that never materialized reportedly involved an attempt to secure assistance from the late financier Jeffrey Epstein.
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.
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.
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.
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.
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.
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.
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.