Museums

Museum real estate news and analysis exploring the trends and investments reshaping cultural institutions and their surrounding spaces. With insights on development, funding strategies, and adaptive reuse, Commercial Observer delivers the intelligence CRE professionals need to work within this unique sector. Read more about Special Purpose Commercial Real Estate.

Matthew Partridge, CEO of Seaport Entertainment Group, photographed at their offices.
Shopping Centers · Leases
New York City

Here’s What Matt Partridge Has Planned as Seaport Entertainment Group’s CEO

By Amanda Schiavo
CBRE's Doug Middleton (top) and Mary Ann Tighe (bottom), and the former Sotheby's headquarters at 1334 York Avenue.
Museums · Investments & Sales
New York City

Sotheby’s Sells Longtime Home to Weill Cornell for $510M

By Larry Getlen
President Donald Trump (top), Florida Gov. Ron DeSantis (bottom), and Miami Freedom Tower, Miami, Fla.
Museums
Florida

Trump’s Presidential Library Could Come to Downtown Miami

By Julia Echikson
New Jersey Community Capital CEO Bernel Hall and a rendering of The Hip Hop Museum, The Bronx.
Museums · Finance
New York City

Bronx Hip Hop Museum Gets $8.5M Financing From N.J. Community Capital

By Isabelle Durso
Executive Director and CEO of MoMath Cindy Lawrence, Chairman of MoMath John Overdeck, and a rendering of 635 Avenue of the Americas.
Museums · Leases
New York City

National Museum of Mathematics Moving to 34K SF at 635 Avenue of the Americas

By Isabelle Durso
Jean Case, chairman of the National Geographic Society, and a rendering of the National Geographic Museum of Exploration.
Museums · Development
Washington DC

National Geographic to Open New D.C. Museum in 2026

By Nick Trombola
David Tewksbury, executive vice president at Chelsea Piers, and an exhibit at Arte Museum.
Museums · Leases
New York City

Immersive Media Art Exhibition Arte Museum Takes 52K SF at Chelsea Piers

By Isabelle Durso
A small crowd of people lining up to enter the lobby of the New Museum in Manhattan.
Museums · Leases
New York City

New Museum to Open Temporary 250 Bowery Office During Redevelopment

By Abigail Nehring
Aerial of the Metropolitan Museum of Art.
Museums · Finance
New York City

The Met Raises $550M to Develop New Contemporary Art Wing

By Mark Hallum
225 Fifth Avenue.
Museums · Leases
New York City

National Museum of Mathematics Temporarily Moves to 225 Fifth Avenue

By Abigail Nehring
Museums · Leases
Florida

Museum of Ice Cream to Open Permanent Miami Location

By Julia Echikson
The Bruer Building.
Museums · Investments & Sales
New York City

Sotheby’s Buys Breuer Building From Whitney Museum for New HQ

By Nicholas Rizzi
The DLR Group's entry for the new national museum for the U.S. Navy.
Museums · Development
Washington DC

Bjarke Ingels, Frank Gehry Among Finalists for New Navy Museum Design

By Keith Loria
Secretary of the Navy Carlos Del Toro speaking to audience members at the National Museum of the U.S. Navy during a ceremony celebrating the Navy’s 247th birthday.
Museums · Development
Washington DC

Navy Seeks Architects for New Museum in DC’s Navy Yard

By Keith Loria
The entrance to the 9/11 Tribute Museum.
Museums · Leases
New York City

9/11 Tribute Museum Permanently Shutters in Lower Manhattan

By Celia Young
The five-story white SoHo building at 427 Broadway.
Museums · Leases
New York City

Cannabis Museum Headed to SoHo, Sans Marijuana Sales

By Celia Young
The new incubator aims to bridge the gap between UC Berkeley graduate students and biotech companies, as well as provide a starting point for early-stage startups in bioscience and life sciences.
Museums · Development
California

UC Berkeley Art Museum Transformed Into Life Sciences Lab

By Greg Cornfield