Month: May 2025

The Charlotte, N.C., office sector had a slow first quarter of the year, with only a single building delivered, according to CommercialEdge data. The metro’s total investment volume in the first three months of 2025 also lagged behind almost all of its peers, clocking in at $20 million. At the end of the same month, […]

The Core is totaling nearly 270,000 square feet at 950 Waterfront Place and came online last year as RaDD’s is third life science building. Image courtesy of CommercialEdge IQHQ Inc. has signed a 50,000-square-foot lease at its Research and Development District in downtown San Diego. Leading genomics research laboratory J. Craig Venter Institute will relocate […]

Federal Reserve chair Jerome Powell discusses the central bank’s latest decision on interest rates at a May 7 press briefing, Screenshot by Greg Isaacson for CPE The Federal Reserve has decided to maintain its key federal funds rate unchanged at a target range of 4.25 to 4.5 percent, the Federal Open Markets Committee announced at […]

Completed in 2006, the three-building Arboretum at Cox Road is less than 20 miles from downtown Charlotte, N.C. Image courtesy of Alta Peak Capital A joint venture between Alta Peak Capital and Centerlane Capital has acquired Arboretum at Cox Road, a three-building, 63,000-square-foot medical office campus in Gastonia, N.C., a Charlotte submarket. The asset also […]

Exterior photo of echo, a mixed-use office building in West Palm Beach, Fla. Photo courtesy of JLL. Morning Calm Management has sold echo, a mixed-use property in West Palm Beach, Fla., to an undisclosed buyer for $45.7 million. JLL Capital Markets arranged the transaction. The property is situated at 205 Datura St. in downtown West […]

The office building at 31 W. 52nd St. rises 29 stories and includes column-free floorplates and ground-floor retail spaces. Image courtesy of CommercialEdge Mudrick Capital Management has signed a 26,600-square-foot, 12-year lease at 31 W. 52nd St., a 29-story office tower in Manhattan’s Plaza District. Transwestern brokered the deal on behalf of the tenant while […]

Private wealth has become a remarkable source of capital on the global commercial real estate scene, with more than $600 billion put into U.S. assets through direct deals from 2013 to 2024, according to a new report from JLL. That represents 40 percent of the more than $1.5 trillion invested globally. The report also showed […]

Image by MassimoVernicesole/iStockphoto.com The power of the U.S. economy lies in its entrepreneurship, its work ethic and a relatively light government hand, particularly as it relates to regulations and taxes. This allows the U.S. to punch well above its population weight. We are home to the world’s most innovative companies of the past 20 years; […]

Capital markets firms Metropolis Capital Advisors and AMA Financial merged their boutique companies to form a national commercial mortgage brokerage specializing in structured finance and equity options across the full spectrum of commercial real estate classes. Clifford Mendelson (left) and Gregg Wallace (right), are co-CEOs of the newly formed entity, Metropolis AMA Advisors. Image courtesy […]

The Malin’s Washington, D.C., location will feature 20,400 square feet of office space across two floors. Image courtesy of TF Cornerstone Inc. The Malin has set its sights on its first Washington, D.C., location, scheduled to open in the fall of this year. The Manhattan-based flex office provider will occupy 20,400 square feet in TF […]

Thompson Thrift broke ground late last month on The Gilmore, a 35-acre mixed-use development in the Phoenix suburb of Gilbert, Ariz. A rendering of The Residences at Gilmore, the mixed-use project’s multifamily component. Image courtesy of Thompson Thrift The Gilmore will include roughly 200,000 square feet of grocery, retail and restaurant space, a hotel and […]

Dossche Holdings developed buildings II & IV at the Greenpoint Industrial Park for light manufacturing and warehouse use. Image courtesy of JLL Capital Markets Dossche Holdings has sold two industrial buildings totaling nearly 1.2 million square feet in Dalton, Ga., for $116.5 million. A joint venture of LX Pantos and Korea Ocean Business Corp. purchased […]

1100 Banyan in West Palm Beach, Fla. Image courtesy of JLL In a $40 million deal, The E.W. Scripps Co. has sold an office and TV studio property in West Palm Beach, Fla. The buyer was a joint venture between Related Ross, Wexford Real Estate Investors and Key International. The 70,131-square-foot building at 1100 Banyan […]

Illustration by Filo/iStockphoto.com As of early spring, thousands of jobs had been eliminated at several major health agencies. How much these cuts will affect drug development, and ultimately the demand for space, remains to be seen. Perhaps more consequential in the short term, the quantity of space delivered in the major life sciences markets across the […]

CPE May 2025 Issues From the Editor Feature. Rendering of Industrious Lever House coworking space, which will be adjacent to CBRE’s new offices in New York City. Image provided by Moxie Communications Group Life Science. Illustration by Filo/iStockphoto.com Retail. Image courtesy of Whitestone REIT Economist’s View. Image by MassimoVernicesole/iStockphoto.com CDO Stack. Image by gremlin/iStockphoto.com Transactions. […]