Creative Media & Community Trust Corporation (NASDAQ: CMCT; TASE: CMCT) has reported a significant increase in office leasing activity in 2025, executing approximately 140,000 square feet of office leases with 31 tenants. Noteworthy transactions include a new lease with a global medical technology company for around 31,000 square feet at the Penn Field creative office campus in Austin, a 12,000-square-foot lease with a medical business in Brentwood, California, and an 11,000-square-foot lease with a government agency in Echo Park, Los Angeles. Since the fourth quarter of 2024, CMCT has successfully executed approximately 315,000 square feet of leases, highlighting a robust demand for office space.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Creative Media & Community Trust Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250813460812) on August 13, 2025, and is solely responsible for the information contained therein.