Month: March 2024

The first two phases of Imeson Landing Business Park currently total 265,800 square feet of space. The second stage consists of the buildings on the bottom-right. Photo courtesy of Merritt Properties Merritt Properties has completed construction of the second phase of the Imeson Landing Business Park, comprising a pair of flex/light industrial facilities totaling 128,400 […]

The office campus will feature two 425,000-square-foot buildings. Image courtesy of Corgan The office campus will feature two 425,000-square-foot buildings. Image courtesy of Corgan The office campus will feature two 425,000-square-foot buildings. Image courtesy of Corgan KDC has topped out Wells Fargo’s $455 million Project Falcon, an office campus in Irving, Texas, a Dallas suburb. […]

The facility features 223 dock loading doors and four drive-in doors. Image courtesy of MDH Partners The facility features 223 dock loading doors and four drive-in doors. Image courtesy of MDH Partners The facility features 223 dock loading doors and four drive-in doors. Image courtesy of MDH Partners A solar panel manufacturer signed an 843,000-square-foot […]

The medical office building at 227 Centerville Road came online in 1998. Image courtesy of CommercialEdge The medical office building at 227 Centerville Road came online in 1998. Image courtesy of CommercialEdge The medical office building at 227 Centerville Road came online in 1998. Image courtesy of CommercialEdge Sendero Capital and TPG Angelo Gordon are […]

Most survey respondents believe that cap rates have peaked. Infographic courtesy of CBRE Most survey respondents believe that cap rates have peaked. Infographic courtesy of CBRE Most survey respondents believe that cap rates have peaked. Infographic courtesy of CBRE Cap rates are nearing their peak levels, foreshadowing the approach of more stable conditions in the […]

One of the medical office buildings in Franklin, Wis., acquired through the fund. Image courtesy of CommercialEdge One of the medical office buildings in Franklin, Wis., acquired through the fund. Image courtesy of CommercialEdge One of the medical office buildings in Franklin, Wis., acquired through the fund. Image courtesy of CommercialEdge Illinois-based AXSYS Capital has […]

Women have long been integral to real estate, though recognizing their achievements has yet to catch up with their efforts. Systemic disparities can persist, and they’re all-too-familiar to women in commercial real estate. This year again, in celebration of Women’s History Month, Commercial Property Executive asked female real estate professionals to share their experiences—both good […]

The industrial property at 4800 Dahlia St. was last upgraded in 2021. Image courtesy of CommercialEdge The industrial property at 4800 Dahlia St. was last upgraded in 2021. Image courtesy of CommercialEdge The industrial property at 4800 Dahlia St. was last upgraded in 2021. Image courtesy of CommercialEdge New York-based Watchung Capital has sold a […]

2PICW LLC has purchased Willow Oak Plaza, a 163,090-square-foot shopping center in Waynesboro, Va. Big V Property Group sold the asset after six years of ownership, according to public records. Willow Oak Plaza occupies some 13 acres. Image courtesy of Colliers Willow Oak Plaza occupies some 13 acres. Image courtesy of Colliers Willow Oak Plaza […]

2515 McKinney was previously known as Chateau Plaza. Image courtesy of CommercialEdge 2515 McKinney was previously known as Chateau Plaza. Image courtesy of CommercialEdge 2515 McKinney was previously known as Chateau Plaza. Image courtesy of CommercialEdge J.P. Morgan Global Alternatives, together with Stream Realty Partners, completed a multimillion-dollar improvement plan for 2515 McKinney, an office […]

PMAT has sold Downers Park Plaza, a 124,005-square-foot shopping center in Downers Grove, Ill. Broder & Sachse Real Estate purchased the asset. Downers Park Plaza came online in 1979. Image courtesy of Mid-America Real Estate Corp Downers Park Plaza came online in 1979. Image courtesy of Mid-America Real Estate Corp Downers Park Plaza came online […]

The Class A property at 2632 E. Chambers St. is within the Sky Harbor submarket. Image courtesy of Cushman & Wakefield MDC Realty Advisors has purchased a 114,907-square-foot industrial asset within Phoenix’s Sky Harbor submarket, for $24.3 million. Tenant American Refrigerator Supplies Inc. sold the property and signed a leaseback agreement. The one-story facility is […]

The Aviation Business Park now also includes a flex/R&D building. Image courtesy of St. John Properties The Aviation Business Park now also includes a flex/R&D building. Image courtesy of St. John Properties The Aviation Business Park now also includes a flex/R&D building. Image courtesy of St. John Properties St. John Properties has signed two leases […]

The front entrance to an ALDI Location. Image courtesy of ALDI ALDI is planning a massive nationwide expansion that will add 800 stores to its footprint over the next five years. The $9 billion plan announced on Thursday calls for new locations in the Northeast, Midwest and West. ALDI plans to add a combined 330 […]

Image by Nuthawut Somsuk/iStockphoto.com In this monthly series, Commercial Property Executive sits down with experts from commercial real estate service companies of all shapes and sizes, and gets their insights on what makes for the most effective property management strategies across the portfolio, tech stack and team building levels.     Office operations  New Formulas […]

“Whether rightsizing, growing or keeping space ‘as is,’ firms need to respond to their expiring leases or take advantage of current market conditions,” says Thomas Fulcher, Savills vice chairman, Mid-Atlantic region lead and director. Image courtesy of Savills “Whether rightsizing, growing or keeping space ‘as is,’ firms need to respond to their expiring leases or […]

Dalfen Industrial has signed a 101,000-square-foot lease at its Turnpike Logistics Center in West Palm Beach, Fla., with National Millwork. The arrangement represents the largest industrial lease signed in Palm Beach County year-to-date, according to CBRE. Turnpike Logistics Center came online in 2020. Image courtesy of CBRE Turnpike Logistics Center came online in 2020. Image […]

Rendering of Kilroy Realty’s 3 million-square-foot project . Image courtesy of Kilroy Realty Rendering of Kilroy Realty’s 3 million-square-foot project . Image courtesy of Kilroy Realty Rendering of Kilroy Realty’s 3 million-square-foot project . Image courtesy of Kilroy Realty The global tech hub started the year off slowly, continuing on an already decelerating path. As […]