The 16-acre (6.5-hectare) parcel, once home to the Miami Herald newspaper, is one of the largest undeveloped pieces of land along the city’s waterfront. The property sits on Biscayne Bay, across from Miami Beach and near art and concert venues.

The Wall Street Journal looks at the history of pyramid in Memphis, Tenn., that now houses a massive Bass Pro Shop. The U.S. has seen $71.9 billion in industrial property sales so far in 2022, according to CommercialEdge. These are among today’s...

Meta will return its space at 30 and 55 Hudson Yards to landlord Related Cos., according to people with knowledge of the plans, who asked not to be named because the matter is private.

Companies including Vonovia SE, Land Securities Group Plc and Unibail-Rodamco-Westfield have announced plans to sell large chunks of their portfolios to shore up balance sheets, but rampant inflation and rapidly rising interest rates are deterring...