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US · Monthly demand roll-up · all articles

1,104 US companies moved into new premises and states in September 2026

Korean energy capital and Manhattan leasing lead 1,181 commercial and property moves across the US.

JT, Editor · · covering September 2026

In review: a draft for the editor, not published.

What moved

Across the US markets we track, 1,104 companies logged 1,181 geographic expansion events in September 2026. Korea made the largest commitments. On 30 September a US and Korea framework committed up to $120 billion of Korean investment to new nuclear reactors built on Westinghouse Electric technology (GlobeNewswire), and Related Companies set out Project Star, a $22.3 billion energy campus in Encinal, Texas, pairing 6.47 GW of gas power with a 5 GW digital infrastructure campus (PRN).

Office leasing concentrated in New York and Miami. Qube leased 52,000 square feet at the planned 70 Hudson Yards tower (Commercial Observer), DivcoWest's Hudson Square AI hub at 325 Hudson St. reached 100% occupancy (Connect CRE), Estelle Community leased 30,000 square feet in the Flatiron District for its first US club (Commercial Observer), and Raycliff Capital took a floor at Sweetbird North in the Miami Design District (Commercial Observer).

Industrial sites and headquarters moved as well. Galvanize Real Estate acquired a 280,000 square foot industrial portfolio in Orange County, its fifth acquisition nationwide in a year (Connect CRE). Colovore filed a permit for a $430 million data centre in Denton County despite a city moratorium and a state pause on data centre permits (Connect CRE). Saronic broke ground on a shipyard in Brownsville, Texas (Breaking Defense), and Bozzuto is moving 225 employees to 57,837 square feet at Maple Lawn while growing from 5 corporate offices to 10 (Commercial Observer).

Paramount led the count with 4 events. It threatened to move studio operations out of California as leverage in antitrust settlement negotiations (The Wrap). Makan Delrahim, chief legal officer at Paramount, on the antitrust case: “That's just not how antitrust works. So once the facts were out before a judge, it would have never ever held up.”

Where the demand lands

The demand category is commercial and property, and for US law firms its 1,181 events turn into leasing and permitting work, alongside acquisition finance. Qube and Estelle Community each need lease work on Manhattan space, and Estelle, a London operator opening its first stateside club, also needs a US entity and employment set-up. Bozzuto's move from 5 offices to 10 creates a run of new leases in new states.

Permitting is the harder brief. Colovore's filing sits against a city moratorium, and the Compton buyer of a 2-acre industrial site is pursuing a conditional use permit. Northwest Bank's $34.5 million loan to Luzern Associates for a Boston-area industrial acquisition puts lender-side finance work east of the Mississippi.

The Korean commitments behind Westinghouse Electric and Project Star create joint venture and foreign investment review work. This matters to a firm's real estate and energy partners, and to the business development team deciding which of the 1,104 companies to call first.

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