Category: Real Estate

The Whole Foods Market within the Uptown Boca shopping center marks its seventh location in Palm Beach County. Image courtesy of JLL Capital Markets Stockbridge Capital Group has purchased Uptown Boca, a 194,927-square-foot retail center in Boca Raton, Fla., for $118.4 million. A joint venture of Schmier Property Group, Giles Capital Group, Rosemurgy Properties and […]

Single-tenant net-lease retail investment continues to stabilize as cap rates compress once more. Chart courtesy of Colliers The single-tenant net-lease retail market has started making inroads with investors. While facing stores closures and uneven performance across subsectors, the market saw an increase in sales during the first half of 2025 when compared to the previous […]

After breaking ground in March and topping out in September, the project is slated for completion in mid-2026. Image courtesy of Goodman Group Goodman Group has officially topped out its upcoming data center in Vernon, Calif., known as LAX01 Vernon. The project broke ground in March and totals 263,409 square feet. Upon completion in mid-2026, […]

Singapore-based Mapletree Investments has acquired a 29.4-acre site in Joliet, Ill., where it intends to develop a 418,800-square-foot logistics facility. Mapletree Investments is planning to build a 418,800-square-foot logistics facility at 1035 W. Laraway Road in Joliet, Ill. Image courtesy of Mapletree Investments Mapletree indicated that the Class A building will follow LEED standards and […]

Roche’s Indianapolis manufacturing expansion is set to become operational by 2030. Image courtesy of Roche Indianapolis’ industrial market maintained its positive momentum through June, driven by a sharp increase in construction activity and a growing development pipeline, Yardi Research Data shows. Developers responded to demand with a mix of speculative and build-to-suit projects, pushing the volume […]

The 30-story tower went through renovations in 1997 and 2018. Image courtesy of Yardi Research Data A joint venture between SL Green Realty Corp. and PGIM Real Estate will close on a $1.4 billion fixed-rate mortgage loan for 11 Madison Avenue, a 2.3 million-square-foot office building in Manhattan. Computershare Trust Co. is the trustee. Wells […]

The Addison, Texas City Council has approved a development agreement with Quadrant Investment Properties for Addison Junction, a $240 million mixed-use development covering 14 acres. The local government is investing $40 million in the project, which will help develop the area’s infrastructure and two public garages, alongside $200 million from private sources. Wayne Emerson, Addison’s […]

The office building at 555 S Mangum St. overlooks Durham Bulls Athletic Park. Image courtesy of JLL Autonomous endpoint management firm Tanium has expanded its footprint at Northwood Ravin’s 555 Mangum in Durham, N.C., by 23,000 square feet, bringing its office space at the property to a total of 48,000 square feet. The tenant had […]

Northwood Investors has refinanced 520 and 524 Broadway, two historic mixed-use properties with a total of 235,000 square feet in Manhattan’s SoHo neighborhood, with a $230 million loan provided by Barings and arranged by Newmark. The 11-story building at 524 Broadway was completed in 1902. Image courtesy of Yardi Research Data The refinancing follows a […]

Soluna Holdings has broken ground on Project Kati, a data center in Willacy County, Texas, in the southern part of the state in the Rio Grande Valley. Upon completion, the facility will provide 166 megawatts of computing capacity. The data center is being built in partnership with EDF Renewables, Masdar and Spring Lane Capital. The […]

A joint venture of BKM Capital Partners and Kayne Anderson Real Estate, the real estate arm of Kanye Anderson, acquired an 889,352-square-foot, eight-property small-bay light industrial portfolio in metro Phoenix for $167.9 million from an affiliate of Equus Capital Partners Ltd. The portfolio has 364 units in 41 buildings that are nearly 90 percent occupied […]

Terreno Realty Corp. has acquired a three-building portfolio of industrial distribution properties in Doral, Fla., and Kearny, N.J., for an aggregate price of about $194.3 million, the company announced Wednesday. Part of the larger Woodinville Corporate Center, the industrial buildings Terreno acquired in August 2025 are spread across roughly 43 acres. Image courtesy of Yardi […]

The 15-story building went through renovations in 2000 and 2014. Image courtesy of Yardi Research Data Boulevard Investment Group has obtained $48 million in refinancing for Good Samaritan Medical Tower, a 144,998-square-foot medical outpatient facility in Los Angeles. Voya Financial provided the loan. Previous financing included a $42.7 million CMBS loan from Wilmington Trust and […]

Rob Teel will serve as the new CEO of Yardi Systems starting in January 2026. The company’s founder & CEO, Anant Yardi, announced the appointment last week during the Yardi Advanced Solutions Conference in San Diego.   Rob Teel has led Yardi’s global solutions business for 15 years. Image courtesy of Yardi Systems Teel, a 22-year […]

New York’s Slate Property Group and Evenhar Development have announced that they will develop a new medical office and community building for Mount Sinai Health System, at 1578 Lexington Ave. in East Harlem. Rendering of the new Mount Sinai medical office and community facility building at 1578 Lexington Ave. in East Harlem. Image courtesy of […]

Phase II is creating an additional 326,040 square feet of industrial space with spec office space in both buildings. Rendering courtesy of Logistics Property Company Chicago-based Logistics Property Co. has broken ground on the second phase of Gainesville 85 Business Center, an industrial park totaling more than 1 million square feet in Gainesville, Ga., an […]

BCS celebrates the groundbreaking of Grove Business Park, a 46-acre industrial campus in Baytown, Texas. Image courtesy of BCS BCS has broken ground on Grove Business Park, a 46-acre industrial campus in Baytown, Texas, in the southeast region of Greater Houston. The project will total 438,960 square feet of spec industrial space. Grove Business Park […]

An affiliate of Endurance Real Estate Group LLC has executed a full-building lease with a national third-party logistics provider at Chambersburg Logistics Park, in Chambersburg, Pa. The Chambersburg Logistics Park is a newly developed Class A building situated on 93 acres directly off Exit 10 of Interstate 81 in Chambersburg, Pa. Image courtesy of Endurance […]

Rendering of QTS PHX3, a 750-megawatt data center project currently underway in metro Phoenix. Image courtesy of QTS Realty Trust QTS Realty Trust is seeking to secure a $599.8 million ABS financing package backed by its PHX2DC2 data center project in Phoenix, according to a S&P Global presale report. Deutsche Bank will arrange the financing […]

Mohr Capital is also working on a 6 million-square-foot master-planned industrial park in Whiteland, Ind. Cummins Inc. agreed to occupy this 1 million-square-foot property at the campus last year. Image courtesy of Mohr Capital Mohr Capital will develop a 1 million-square-foot build-to-suit project in DeKalb, Ill., with the potential of expanding the future distribution facility […]

The owners of Lower Bucks Logistics Hub, a newly constructed, two-building, Class A industrial warehouse portfolio with 815,000 square feet of space in Langhorne, Pa., have refinanced the assets with a $132.4 million loan provided by Affinius Capital. Lower Bucks Logistics Hub, a recently completed 815,000-square-foot industrial campus in the Philadelphia market that was refinanced […]

As tenants adjust their strategies amid shifting trade policies, industrial absorption is slated to improve as part of a major rebound in 2026. Image courtesy of NAIOP Research Foundation Amid the current slowdown, occupiers are adjusting their operational strategies, resulting in a measured deceleration of industrial absorption at a national level. However, this cautious moderation […]

Todd Torok The best industrial investments happen where market fundamentals meet real opportunity. The Intermountain West, anchored by Salt Lake City, represents exactly this convergence—a region where population growth, strategic location and tenant demand create investment scenarios that actually pencil. But what makes this market particularly compelling right now isn’t just strong fundamentals—it’s the rare […]

The Press building, which opened in 2018, connects to the Tower building for easy navigation between the two properties. Image courtesy of Yardi Research Data Lincoln Property Co. has acquired a 350,000-square-foot office campus in San Diego, Calif. The purchase includes two buildings along Camino De La Reina in the Mission Valley submarket, known as […]

The approximately 60,000-square-foot facility came online in 2014. Image courtesy of Woodside Health A joint venture between Woodside Health and Heitman has acquired Sugar Land Physicians Center, an approximately 60,000-square-foot medical outpatient facility in Sugar Land, Texas, a Houston submarket. Money360 previously owned the asset, according to Yardi Research Data. The company acquired the property […]

Completed in 1977, Rosslyn Business Park comprises 11 buildings. Image courtesy of Blacktop Industrial Trust A joint venture between Blacktop Industrial Trust and an alternative investment firm has acquired Rosslyn Business Park, a 337,705-square-foot heavy industrial campus in Houston. Clay Development & Construction sold the asset. The firm acquired it in January 2022 from General […]

Therese Fitzgerald The meteoric growth of AI and cloud computing is great news for the commercial real estate industry and the economy overall. Companies will invest roughly $6.7 trillion in capital expenditures on data center infrastructure globally by 2030, according to McKinsey, and $3 trillion or so will go toward real estate and infrastructure. AI […]

Built in 1999, the 283,713-square-foot facility has 45 dock loading doors. Image courtesy of Yardi Research Data Prologis has sold Northeast Industrial Tracy 6, a 283,713-square-foot industrial facility in Tracy, Calif., for $42.4 million, according to Yardi Research Data. LBA Realty acquired the Central Valley asset. Prologis previously acquired the asset in January 2002 from […]

Floor plates at the 47-story tower range between 9,900 and 33,900 square feet. Image courtesy of Yardi Research Data. Norges Bank Investment Management said on Tuesday that it is teaming up with Beacon Capital Partners to acquire a Class A office building in Manhattan’s Plaza District. Norges will pay $542.6 million for a 95 percent […]

The 939,774-square-foot building is designed in the style of Frank Lloyd Wright. Image courtesy of Yardi Research Data Domino’s has obtained a $60 million financing package for Domino’s Farms, its 939,774-square-foot campus in Ann Arbor, Mich., according to Yardi Research Data. The company’s global headquarters is located within the campus. Nationwide originated a $35 million […]

Museum Tower rises 29 stories in Miami’s CBD. Image courtesy of Colliers Stearns Weaver Miller has renewed its 96,762-square-foot lease at Museum Tower in downtown Miami. The law firm is the largest tenant in the 266,697-square-foot building owned by Mana Properties. The roster also includes the General Services Administration and the Federal Public Defender Southern […]

A Seattle medical office building purchased by Hammes Partners through its core-plus health-care real estate platform, an open-ended vehicle that recently closed with $445 million in equity commitments. Image courtesy of Hammes Partners Hammes Partners has closed its first open-ended vehicle, raising $445 million in equity commitments from a diverse base of new and returning […]

Connolly Brothers plans to reposition 75 Sam Fonzo Drive, either through renovations or a redevelopment of the property. Image courtesy of Connolly Brothers. Connolly Brothers has acquired a 160,000-square-foot, four-story office building in Beverly, Mass. RiverStone International was the previous owner, according to Yardi Research Data. Called 75 Sam Fonzo Drive, the asset is a […]

Source: PropertyShark, a Yardi Systems company Sale Price: $37 million Brookfield Properties sold the commercial unit at 200 Lafayette St. in SoHo to Meadow Partners. The buyer secured a $18.7 million acquisition loan from DBR Investments Co. The ground-floor unit totals 27,970 square feet of retail and office space and is currently anchored by Eataly […]

With an uncertain economic climate, institutional investors are changing their focus in commercial real estate. The CPE Executive Council shares the biggest areas of change. Dave Ebeling New Property Types Institutional investors continue to evaluate their commercial real estate strategy with new property types emerging and traditional product types coming back into favor. Single-tenant net lease […]

The building at 1200 W. 145th St, is on a 15-acre lot and provides ample vehicle and trailer parking. Image courtesy of The Missner Group The Missner Group has signed a 197,587-square-foot lease at its recently developed industrial facility at 1200 W. 145th St. in East Chicago, Ind. The tenant is third-party logistics provider Hearn […]

Mike Stewart and Shelby Thomas While “common area maintenance” provisions are typically a key topic during lease negotiations, a renewed focus has developed due to changes in the economic environment, such as cost uncertainty in the market, interest rates, supply chain shortages, increased cost of materials, tariffs and inflation. Each of these factors make it […]

The industrial real estate sector continues to evolve, driven by e-commerce, reshoring and supply chain optimization. Year-to-date through June, developers delivered 149.3 million square feet of new industrial space nationwide—down 35 percent from the 228.3 million square feet completed by the same time in 2024, according to Yardi Research Data. The number of projects also fell sharply, from 993 in 2024 to 595 this year, […]

Source: PropertyShark, a Yardi Systems company Sale Price: $44 million Madd Equities has purchased the 175,316-square-foot historic office property in the borough’s Concourse neighborhood from Bristol Group. Additionally, the buyer landed $31 million in acquisition funds from Libremax Capital. The four-story building dates back to 1937 and was last upgraded in 2019. It includes 58,475 […]

Dallas’ office sector continued to hold steady in the first half of 2025. The metro ranked in the top 10 nationally across all metrics, according to Yardi Research Data. However, the Metroplex’s office market followed national trends, with the office supply pipeline continuing to shrink. Together with Boston, Dallas–Fort Worth stood out nationally for having […]

From the Editor September always seems like a time for new beginnings. It makes sense to me, but maybe I’m just programmed to think that way, trained by years and years of school schedules (first mine and now my kids’) to treat summer as a time to catch up and fall as a time to […]

Hyundai opened this automotive production facility in Montgomery, Ala., 20 years ago. The plant has since had an economic impact of more than $5 billion annually. Image courtesy of Hyundai Motor Group Hyundai Motor Group will invest $26 billion across the U.S. between 2025 and 2028, revising its initial $21 billion commitment announced last March. […]

Alex Nyhan likes to say that it’s a great time to own neighborhood retail. Booming sales, digital retailers’ drive to establish a brick-and-mortar presence, and the need to be near the customer are all powering demand. In this lively discussion, the CEO of First Washington Realty tells how the company is bringing fresh ideas to […]

Vornado expects to complete the repositioning and redevelopment of the 36-story building in 2027. Image courtesy of Yardi Research Data Vornado Realty Trust has entered into an agreement to purchase the office component at 623 Fifth Ave. in Manhattan for $218 million. Cohen Brothers Realty currently owns the 36-story, 382,500-square-foot building, according to Yardi Research […]

Newcastle Partners has broken ground on a 406,138-square-foot Class A, speculative industrial development in Hesperia, Calif. Voit Real Estate Services and Newcastle Partners have announced the groundbreaking of a 406,138-square-foot industrial development at 9260 Mesa Linda Street, Hesperia, Calif. Image courtesy of Voit Real Estate Services The project’s delivery is expected in the second quarter […]

The five-building Twelve Oaks Professional Center is 13 miles from downtown Austin. Image courtesy of Woodside Health A joint venture between Woodside Health and Heitman has acquired Twelve Oaks Professional Center, a 42,500-square-foot medical office campus in Austin, Texas. KPG Commercial previously owned the asset, according to Yardi Research Data. KPG had acquired the complex […]

The LEED Gold-certified building is close to Interstate 10. Image courtesy of Yardi Research Data Capital Commercial Investments has acquired Energy Crossing I, a 240,166-square-foot office building in Houston’s Energy Corridor. JLL brokered the deal on behalf of the seller. Invesco Real Estate is the previous owner of the three-story asset, according to Yardi Research […]

Building A at The Campus at Scott spans 152,294 square feet. Image courtesy of Yardi Research Data A joint venture between Ellis Partners and hedge fund Baupost Group has acquired The Campus at Scott, an office and tech complex in Santa Clara, Calif., for $207 million, SiliconValley first reported. The three-building property totals more than […]

Cub Foods anchors Shoppes at Knollwood, the retail center previously known as Knollwood Mall. Rendering courtesy of KPR Centers New York City-based KPR Centers has acquired Shoppes at Knollwood, a 451,700-square-foot retail center in St. Louis Park, Minn. The deal, brokered by CBRE, marks the company’s entry into the Minnesota market. LACERA previously owned the […]

Tavistock Development Co. owns the 6876 Marwick Lane building. Image courtesy of Yardi Research Data Global energy technology company Siemens Energy has announced the relocation of its Orlando offices to Lake Nona Town Center, the newest Class A office building in the Lake Nona region of Orlando, Fla. The company will be occupying more than […]

The second phase of Kilroy Oyster Point came online in March. Rendering courtesy of Kilroy Realty San Francisco’s office sector continues to perform well across several metrics, according to Yardi Research Data. Investment sales surpassed the $1 billion threshold year-to-date as of June, placing the metro in the top 10 U.S. office markets. Despite discount […]

Texas took another step forward this week as a leader in accelerating the growth of artificial intelligence and advanced manufacturing investments in the U.S. Wistron, one of the world’s largest electronics manufacturers and a partner to Nvidia, chose AllianceTexas in Fort Worth to build two AI supercomputing facilities totaling 1.1 million square feet of space […]

San Francisco’s under-construction pipeline included 2.1 million square feet of competitive office space across nine projects as of June, according to Yardi Research Data. This represents 1.1 percent of its existing stock—above the national rate of 0.9 percent. During the first half of the year, San Francisco’s pipeline ranked sixth among gateway markets and seventh […]

Erin Lazarus In the evolving commercial real estate landscape, vintage Texas power centers built between 1980 and 2000 represent an exceptional value proposition that savvy investors are increasingly targeting. These established retail properties offer a rare combination of historically low vacancy rates, below-market rents and significant upside potential when anchor tenant lease options expire. Analysis […]

Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. While the ideal balance between in office and at-home work still a work in progress for many companies, one thing is clear: Workplace wellness is top of mind for employers even as, or more so, […]

The 350,000-square-foot industrial facility came online earlier in May. Image courtesy of W.P. Carey W.P. Carey has completed a $166 million sale-leaseback of a food-processing facility in Cleveland, Tenn., a suburb of Chattanooga, Tenn., with Premium Brands, of Richmond, British Columbia. The seller/tenant is a wholly owned subsidiary of Premium Brand Holdings Corp., a manufacturer […]

CVS aims to open 30 new stores this year amid an ongoing restructuring effort, which will also shed 271 locations. Image courtesy of CVS Dragos Capital has acquired an 18-asset triple-net lease retail portfolio occupied by CVS. All properties are under long-term leases with the pharmaceutical company, which has been looking to sell off its […]

Completed in 2009, the 36-story building is 1 mile from downtown Seattle. Image courtesy of Yardi Research Data A joint venture between Hudson Pacific Properties and the Canada Pension Plan Investment Board has obtained a $285 million CMBS loan for 1918 Eighth Ave., a 667,724-square-foot Seattle office tower. Wells Fargo Bank originated the five-year note. […]

Tishman Speyer has closed a $25.2 million mezzanine loan on 500 Forge, a recently completed, approximately 162,000-square-foot Class A life science lab and office building in East Watertown, Mass. 500 Forge, a Class A life science lab and office building in East Watertown, Mass. Image by Dan Watkins, courtesy of Tishman Speyer The borrower is […]

Completed in the 1980s, the building features ground-floor retail space. Image courtesy of JLL Swift Real Estate Partners has sold a 146,000-square-foot office building at 790 E. Colorado Blvd. in Pasadena, Calif. GD Realty’s Arash Danialifar purchased the asset in an off-market transaction, with the assistance of Barak Investors Group. JLL represented the seller. Swift […]

Granite Properties, in a joint venture with Highwoods Properties, has opened 23Springs, a 641,563-square-foot mixed-use property in Uptown Dallas. It features a 625,215-square-foot office tower and two freestanding restaurant buildings totaling approximately 16,348 square feet, as well as a half-acre park. Construction at 23Springs began in June 2022. Bank OZK provided a $265 million loan […]

MetroNational’s purchase of the former Marathon Oil headquarters at 990 Town and Country Blvd. in Houston marked its largest acquisition in a decade. Image courtesy of JLL MetroNational has acquired the former Marathon Oil headquarters in Houston, the buyer announced Wednesday. The 15-story, 442,000-square-foot Class A office tower in the CityCentre district reportedly is MetroNational’s […]

The Lincoln’s conversion into The Rivani marks the launch of Robert Rivani’s flagship office project, introducing a new standard for amenitized commercial space in Miami Beach.Image courtesy of RIVANI Playboy has signed a 10-year lease at The Rivani, a 161,448-square-foot, Class X office building in Miami Beach, Fla. The company will relocate its global headquarters […]

Phase 1 of Mesa Gateway 202 calls for nine buildings to be constructed on 123 acres of the site with about 1.8 million square feet of industrial space and approximately 100,000 square feet of office space. The industrial buildings range in size from 72,796 to 557,650 square feet. Image courtesy of Ware Malcomb Phoenix’s industrial […]

A private investor has acquired 801 Travis, a 21-story, 222,192-square-foot office tower in Houston’s central business district in a deal arranged by JLL Capital Markets. The price paid for the property was not disclosed. 801 Travis in downtown Houston was completed in 1981. Photo courtesy of JLL Capital Markets JLL represented the court-appointed receiver in […]

The two studio buildings can collectively support up to four productions at a time. Image courtesy of SGS/Hillwood. Hillwood has partnered with SGS Studios to open a 450,000-square-foot production studio in Fort Worth, Texas. The development, which is the largest operating studio facility in the state, will be followed by a master-planned studio campus located […]

Lowe’s anchors the South Bridge Marketplace development. Image courtesy of Thompson Thrift Lowe’s Home Improvement has opened a single-story, 130,000-square-foot store at Thompson Thrift’s South Bridge Marketplace, a retail development in Maricopa, Ariz.  South Bridge Marketplace rises on 20 acres at 44400 W. Honeycutt Ave., at the intersection between John Wayne Parkway and Honeycutt Avenue. […]

The Woodinville Corporate Center buildings in the portfolio are spread across roughly 43 acres. Image courtesy of Yardi Research Data Terreno Realty Corp. has expanded its industrial holdings in the Seattle market with the acquisition of a nine-property portfolio totaling approximately 720,000 square feet in Woodinville, Wash., for $232.6 million. The assets’ previous owner was […]

The tenant roster at 4 Union Square South features one of New York City’s first Whole Foods Market stores. Image courtesy of Yardi Research Data Vornado Realty Trust has secured a $120 million refinancing loan for 4 Union Square South, a 204,000-square-foot retail property in Manhattan. A private lender provided the 10-year note bearing a […]

Americold broke ground on the Kansas City project last year. Rendering courtesy of Americold and Missouri Partnership Americold Realty Trust has completed the 335,000-square-foot Import-Export Hub in Kansas City, Mo. The $100 million facility is part of a broader network of hubs that the firm is developing through various partnerships, which will facilitate the more […]

Redtail Ridge will include about 2.6 million square feet of mixed-use space at full build-out. Image courtesy of Sterling Bay The Denver office market activity remained on a downward trajectory, according to Yardi Research Data. The development pipeline continued to decelerate in the first six months of this year, while vacancy rates climbed steadily since […]

Calling all commercial and multifamily developers! Don’t miss out on the chance to participate in our 2025 Top Developers survey. The information you provide will be used to determine the industry’s leading developers and to gauge the status of the current development pipeline. Image by Jannoon028/iStockphoto.com The deadline for submission is Thursday, Sep. 18. The resulting list […]

The 48-story One Five One houses the offices of H&M, TikTok, Nasdaq and BMO Capital Markets. Image courtesy of Yardi Research Data In one of the largest deals of this year in Manhattan, N.Y., The Durst Organization has secured a $1.3 billion refinancing loan for One Five One, a 1.8 million-square-foot office tower in Times […]

2 Westlake rises 17 stories in Houston’s Energy Corridor. Image courtesy of Priority Capital Advisory Younan Co. has obtained a $26.6 million bridge loan for 2 Westlake, a 467,609-square-foot Class A office tower in Houston’s Energy Corridor. Priority Capital Advisory provided the financing. The property is at 580 Westlake Park Blvd., part of the 2.8 […]

San Antonio III is Stream’s first facility at a $400 million campus that will offer 200 MW of capacity at full build-out. Image courtesy of Stream Data Centers Apollo has agreed to purchase a majority stake in Stream Data Centers from Stream Realty Partners, the companies announced on Wednesday. Stream Data Centers will continue to […]

A new survey of California commercial real estate investors and developers finds accelerating momentum in some sectors despite concerns that have resulted in stalled projects and a more cautious outlook for the industry overall. Spencer Kallick, Partner at Allen Matkins. Image courtesy of Allen Matkins The summer 2025 edition of the Allen Matkins/UCLA Anderson Forecast […]

The infill waterfront development rises on 26 acres, about 4 miles from downtown Tampa, Fla. Image courtesy of Hazel Street Capital and CIP Real Estate Hazel Street Capital and CIP Real Estate have teamed up for the development of a 331,000-square-foot infill industrial project in Tampa, Fla. JLL represented Hazel in the capitalization process and […]

The former Century 21 store in Bay Ridge will become a modern retail center dubbed Century Marketplace. Image courtesy of JLL A joint venture between MCB Real Estate and Osiris Ventures has acquired the site of the former Century 21 department store in Brooklyn, N.Y., from ASG Equities. The partnership paid $47.5 million for the […]

Originally completed in 1912 and redeveloped in 1992, this is the largest LEED Gold-certified building in existence. Image courtesy of Yardi Research Data A partnership between Nitze-Stagen & Co. Inc. and Daniels Real Estate has obtained a $435 million refinancing loan for Starbucks Center, a 2.1 million-square-foot mixed-use property in Seattle that houses Starbucks’ world […]

The future store in Denver will be Wayfair’s first in The Mile High City. Image courtesy of Wayfair Inc. Wayfair Inc. has plans for a 140,000-square-foot store in Denver, slated to open in 2026. The company signed a lease with Stockdale Capital Partners at the 1.1 million-square-foot The Shops at Northfield. SRS Real Estate Partners […]

Vermaland LLC, an Arizona land developer, has proposed building a $33 billion data center park on 3,300 acres between Phoenix and Tucson. When complete, it would become the largest such development in the U.S. An AI-generated rendering of the planned data center development. Image courtesy of Vermaland LLC The campus would support up to 3 […]

The Class A, 25-story office building is located in Uptown Dallas. Image courtesy of Yardi Research Data Cousins Properties has paid $218 million for The Link, a 292,000-square-foot lifestyle office building in Dallas, to Kaizen Development Partners. Newmark brokered the transaction, the largest of its kind in the market this year so far. At the […]

Elsewhere in Texas, Alliance is developing Ironhead Commerce Center, a four-building campus totaling more than 900,000 square feet. Image courtesy of Alliance Industrial Co. Alliance Industrial Co., in partnership with Northwestern Mutual, has closed on about 63 acres in Houston and plans to break ground in the near future on TriPort 8, an 881,521-square-foot industrial […]

Joseph Pursley, Nuveen head of insurance, Americas. Image courtesy of Nuveen Nuveen and affiliate Nuveen Green Capital, which focuses on providing sustainable CRE financing solutions, have raised $785 million in new capital commitments for Nuveen C-PACE Lending Fund III. This is Nuveen’s third C-PACE fund since the firm acquired Greenworks, thus entering the clean energy […]

Completed in 2006, The Shops at Atlas Park totals more than 370,000 square feet. Image courtesy of Ashkenazy Acquisition Corp. Ashkenazy Acquisition Corp. has purchased The Shops at Atlas Park, a 374,000-square-foot retail property in Queens, N.Y., from Macerich and a partner. The firm plans to renovate and modernize the shopping center. ACORE Capital financed […]

The 10-property retail portfolio includes five Albertsons grocery stores. Image courtesy of Albertsons Agree Development, an affiliate of Agree Realty Corp., has acquired a 10-property, single-tenant net lease retail portfolio for $75.9 million. The properties are located across five states: Colorado, Illinois, Nevada, Texas and Wisconsin. Kidder Mathews brokered the transaction and represented the undisclosed […]

San Diego’s under-construction pipeline consisted of 2.6 million square feet of competitive office space across 16 properties as of May, according to Yardi Research Data. This represents 2.3 percent of its existing stock—well above the national rate of 0.9 percent. During the first five months of 2015, as developers kept adding new projects in the […]

CyrusOne’s first data center in the metro, dubbed DFW1, is at 1649 W. Frankford Road in Carrollton, Texas. Image courtesy of Yardi Research Data Energy Capital Partners, in joint venture with KKR, will build a $4 billion hyperscale data center campus in Bosque County, Texas. The project is set to total 190 megawatts at full […]

An active office investment sales market in New York City is helping drive up rents, Shimon Shikury of Ariel Property Advisors at the company’s annual Coffee & Cap Rates breakfast. The New York City investment market is continuing its steady comeback. In the first half of 2025, property sales totaled nearly $13 billion—a 3 percent […]

CBL also owns Westmoreland Mall in Greensburg, Pa. The company brought in the Cordish Cos. to redevelop an empty department store as Live! Casino Pittsburgh. Image courtesy of CBL Properties CBL Properties has purchased four enclosed regional malls from Washington Prime Group in a $178.9 million transaction. The deal adds approximately 2.2 million square feet […]

Source: Northmarq, Real Capital Analytics The single-tenant office sector continued to grapple with significant challenges in first quarter 2025, as investor caution dampened transaction activity. Total sales volume fell to $1.8 billion, marking a 13 percent decline from fourth-quarter 2024 and a dramatic 56.2 percent decrease year-over-year. This ongoing contraction reflects persistent headwinds in tenant […]

Source: PropertyShark, a Yardi Systems company Sale Price: $27 million A private entity linked to celebrity jeweler Avi Davidov acquired the 4,620-square-foot retail property in Central Midtown. The buyer is affiliated with Pristine Jewelers, located nearby on 47th St., and it is unclear if it will occupy the newly acquired property. A private investor affiliated […]

Technology is becoming more advanced by the day. But that’s not the only thing changing about the CRE industry. To be successful, leadership must be able to adapt to changing mindsets, changes in the market and more. How do you make sure you’re keeping up? The CPE Executive Council shares their insights. Janine Jovanovic Mind […]

New York–based developer and commercial real estate investor Rabina has signed the first three office tenants—totaling almost 29,000 square feet—at its 1,002-foot-tall Class A tower at 520 Fifth Ave. in Manhattan. 520 Fifth Ave. in Manhattan will feature 200,000 square feet of office space. Image courtesy of Rabina The 88-story skyscraper reportedly will be the […]

EdgeCore’s Phoenix data center campus includes three facilities across 40 acres in Mesa, Ariz. Image courtesy of EdgeCore Digital Infrastructure EdgeCore Digital Infrastructure has completed a $235 million asset-backed securitization deal. The move will help refinance construction loans and fund upcoming green data center projects. The ABS package is the first in an expected series […]

Source: U.S. Census Bureau As of May, new orders rose by 7.9 percent year-over-year, or approximately $47.5 million, according to the latest figures from the U.S. Census Bureau. The transportation equipment sector once again led the expansion, surging by 54.4 percent compared to May 2024. Durable goods industries also posted a significant increase, rising 17.5 […]

The Hesperian Business Park in Hayward, Calif., comprises three buildings totaling 82,562 square feet. Image courtesy of BKM Capital Partners BKM Capital Partners and Kayne Anderson Real Estate have acquired a three-asset industrial portfolio comprising 505,000 square feet across 16 buildings in the San Francisco Bay Area. Link Logistics sold the collection for north of […]

Databricks, a rapidly growing data and artificial intelligence company, is expanding its footprint in the San Francisco Bay Area with the full-building lease of a newly delivered 305,000-square-foot property in Silicon Valley. Databricks, a growing data and artificial intelligence company, is leasing the newly built, seven-story, 305,000-square-foot building at 200 W. Washington Ave. in Sunnyvale, […]

Last year, Chase Properties purchased Waynesboro Town Center in Waynesboro Va., along with another retail property in Ithaca, N.Y. Image courtesy of Chase Properties Chase Properties has entered the Texas and Arkansas retail markets with the acquisition of a four-property portfolio totaling 514,983 square feet. Dubbed the Southwest Portfolio, the collection includes: Southloop Crossing in […]

Golden Acres Shopping Center is located at the intersection of Park Avenue and Oak Tree Avenue. Image courtesy of JLL A joint venture between Agus Holdings and Trecco has purchased Golden Acres Shopping Center, a 219,848-square-foot retail center in South Plainfield, N.J. The companies paid $40 million for the asset in a deal brokered by […]

Peachtree Group has originated a $42 million first mortgage loan to finance Banyan Street Capital’s acquisition and repositioning of the Atlanta Financial Center, a 914,774-square-foot, three-building Class A office campus in Atlanta’s Buckhead submarket. Atlanta Financial Center, a three-building Class A office campus in Atlanta’s Buckhead submarket. Image courtesy of Peachtree Group The 13.05-acre property […]

LogistiCenter at Frederickson’s Building A will have a 40-foot clear height, 84 dock-high doors and four drive-in doors. Image courtesy of Dermody Dermody is developing LogistiCenter at Frederickson, an industrial campus that will comprise two buildings totaling 535,148 square feet and a trailer lot with more than 3 acres in Tacoma, Wash. Both buildings have […]

Turnbridge Equities was the stalking horse bidder in the bankruptcy auction, acquiring the IOS asset for $20 million. Image courtesy of DY Realty. Turnbridge Equities has acquired an IOS property in College Point, Queens, for $20 million. The real estate investment company was the stalking horse bidder in a bankruptcy auction of the seller, Zano […]

Alterra IOS, a leading player in the industrial outdoor storage sector, has acquired a 12-property Class A portfolio totaling 43.3 usable acres and more than 165,000 square feet of warehouse space for $67 million in an all-cash deal from an unidentified institutional private group. IOS site at 4800 Straus Drive in Sacramento, Calif., one of […]

Bridge Logistics Properties has acquired a three-building industrial portfolio in Fontana, Calif., in the Inland Empire, for $83.5 million. Property records indicate that Hillwood sold the recently developed buildings, which total 332,793 square feet. Distribution facility at 14019 Rose Ave. in Fontana, Calif. Image courtesy of Bridge Logistics The portfolio consists of three distribution facilities: […]

CBL Properties has sold The Promenade, a 621,000-square-foot open-air retail center in D’Iberville, Miss. The asset changed hands for $83.1 million in an all-cash transaction, at an 8.5 percent cap rate. CBL also owns Westmoreland Mall in Greensburg, Pa. The company brought in the Cordish Cos. to redevelop an empty department store as Live! Casino […]

The 32,000-square-foot meeting and event center at 555 Broadway is scheduled to open in 2026. Image courtesy of Convene Convene will open a 32,000-square-foot meeting and events venue at Scholastic Corp.’s 555 Broadway in Manhattan’s SoHo neighborhood. The future location marks Convene’s 16th space in the borough, slated to begin welcoming customers in the spring […]

The construction industry is facing uncertainty for the remainder of this year and throughout 2026 due to policy changes, particularly on the tariff and immigration fronts, which are impacting everything from material costs to labor availability for commercial real estate stakeholders. JLL’s mid-year update analyzes construction spending, material costs and construction labor force changes and […]

Philadelphia’s office sector remained sluggish in the first five months of the year, according to Yardi Research Data. The metro’s investment volume year-to-date as of May reached $154 million, with assets trading for $100 per square foot on average. That price was almost half the national average. The market’s development pipeline remained muted, with 1.2 […]

One Vanderbilt, SL Green’s headquarters in Manhattan. Image by Max Touhey, courtesy of SL Green SL Green Realty Corp. has surpassed the initial target of $1 billion for its SLG Opportunistic Debt Fund, having received more than $500 million in new commitments this week alone. The vehicle is backed by a consortium of global institutional investors, […]

National asking cap rates for net lease assets. Table courtesy of The Boulder Group The U.S. net lease market is showing signs of stability after three years when cap rates were on an upward trajectory, according to the latest Boulder Group report, covering the second quarter of 2025.  Quarter-over-quarter, overall asking cap rates were up […]

The 12-story Maryland Trade Center III underwent a complete renovation in 2012. Image courtesy of Yardi Research Data Chicago Pacific Founders Healthcare Real Estate has acquired Maryland Trade Center III, a 192,000-square-foot medical office building in Greenbelt, Md., a Washington, D.C., submarket. The buyer paid $27.5 million for the asset, also using acquisition financing from […]

Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in.  For this episode, I’m talking about mass timber construction with Varun Kohli, director of sustainability for Corgan, a global architecture and design firm with 19 offices. In a recent study, sustainability and research teams at […]

Encompassing seven warehouses, Park84 debuted last year. Image courtesy of JLL Bow River Capital has secured a $70.3 million refinancing note for Park84, a 605,570-square-foot industrial park comprising seven buildings in Nampa, Idaho. JLL Capital Markets arranged the debt placement. The loan retires a $65.9 million construction note issued by BMO Bank in 2022, according […]

Rene van Camp In a market flooded with options—and a workforce that no longer automatically shows up—owners and landlords are under pressure to deliver more than square footage. They have to deliver an experience. Hybrid work is here to stay. And with that shift, tenants are asking new questions: Does this space help us attract […]

This 55,884-square-foot R&D property in Webster, Texas, is one of the properties within the 12 million-square-foot portfolio. Image courtesy of Yardi Research Data Starwood Property Trust has agreed to purchase Brookfield Asset Management’s Fundamental Income Properties for $2.2 billion. The net lease platform comprises 467 assets totaling 12 million square feet across 44 states. Starwood […]

“Smaller, move-in-ready spaces are well positioned to meet current market demands. We sometimes forget, but small businesses constitute the largest segment of private-sector employers in the U.S.,” says NAI Merin Hunter Codman Inc. COO Matt Brown. Image courtesy of NAI Merin Hunter Codman Inc. South Florida’s office market has emerged as a study in contrasts—defined […]

Vantage Data Centers is planning to develop a 224 MW data center campus in Storey County, Nev., just outside Reno. The first data center building on the 137-acre campus, called NV1, is slated to go online in the second quarter of 2026. NV1, Vantage Data Centers’ 137-acre campus near Reno, Nev., designed for AI deployments. Image […]

The four-story medical outpatient facility is 4 miles from the Texas A&M University campus. Image courtesy of Yardi Research Data Woodside Health has acquired The Physicians Centre, a 126,059-square-foot medical outpatient facility in Bryan, Texas. A private investor previously owned the asset, according to Yardi Research Data. At the time of sale, the property was […]

Dentsply Sirona, Columbus McKinnon and SERC Reliability Corp. fully occupy the nine-story Ballantyne Tower. Image courtesy of JLL. Estein USA and Vanderbilt Office Properties have acquired Ballantyne Tower, a Class A office building in Charlotte, N.C. SPX FLOW Inc. sold the 260,958-square-foot property for $71.5 million. JLL Capital Markets arranged the transaction. JLL also marketed […]

Millennium Medical Center rises two stories some 20 miles from downtown Chicago. Image courtesy of MedProperties Realty Advisors MedProperties Realty Advisors has acquired Millennium Medical Center, a 41,540-square-foot medical outpatient facility in Chicago Ridge, Ill. Old National Bank provided debt for the transaction. Affiliated Oncologists previously owned the asset, according to Yardi Research Data. The […]

Turnbridge Equities has signed a long-term industrial lease with TWTH Express for 255,069 square feet at 169 Pulaski St. in Bayonne, N.J. This will be the tenant’s newest warehouse and distribution facility. Russell Verducci of NAI Global represented the owner, while Chris Okada of Okada & Co. and Emanuel Westfried of Two Bins Capital negotiated […]

BroadRange Logistics’ long-term commitment at 500 Salt Meadow Road brings the Crow Holdings at Carteret industrial campus to full occupancy. Image courtesy of Crow Holdings National flexible warehousing and third-party logistics provider BroadRange Logistics has signed a full-building, 480,000-square-foot lease at Crow Holdings at Carteret, in Carteret, N.J. The tenant’s long-term commitment at 500 Salt […]

The creative office building known as The Entrada came online in 2021 and changed ownership earlier this year. Image courtesy of Yardi Research Data Los Angeles carried forward the solid pace it established last year, according to the latest Yardi Research Data. Year-to-date through May, office pricing placed the City of Angels in second place […]

Fields West, a 55-acre mixed-use project that will be located in the heart of a 2,500-acre master-planned community north of Dallas, is moving forward in Frisco, Texas, with $425 million in construction financing. Bank of America, JPMorgan Chase and Prosperity Bank provided the loan for the shopping and dining district of the future urban village. […]

The Cook & Boardman Group is planning to occupy the office space by the end of the year. Image courtesy of Yardi Research Data. The Ardent Cos. has signed a 40,336-square-foot lease with The Cook & Boardman Group at One West Fourth, a Class A office building in downtown Winston-Salem, N.C. Ardent purchased the 439,000-square-foot, […]

The 266,000-square-foot office building is set to come online in the following months. Image courtesy of Shoootin Amazon will expand its office footprint to 75,000 square feet at Wynwood Plaza, a 1 million-square-foot mixed-use development within Miami’s Wynwood Arts District. A venture between L&L Holding Co. and Oak Row Equities owns the campus. In January, […]

The 13-story building is within Chicago’s South Side neighborhood, less than 8 miles from the city’s downtown. Image courtesy of Beacon Capital Partners A joint venture between Trammell Crow Co. and Beacon Capital Partners has delivered Hyde Park Labs, a 302,388-square-foot life science building in Chicago. The partnership also opened Southside STEM Station—its STEM engagement […]

Novva’s latest data center is in Sparks, Nev., within Tahoe-Reno Industrial Center. Image courtesy of Novva Data Centers Novva Data Centers has completed its 60-megawatt data center in Storey County, Nev. The campus, dubbed as Novva Tahoe Reno, is the company’s fourth facility nationwide. Novva announced the project in 2023, with costs at the time […]

The two-story Parkway Medical Office Plaza came online in 2007. Image courtesy of Woodside Health Woodside Health has acquired Town Loop Medical Center and Parkway Medical Office Plaza, two medical outpatient facilities in Greater Orlando, Fla. The properties, totaling almost 50,000 square feet, were fully leased at the time of sale. A private investor previously […]

Westmoreland Mall is another retail property in CBL’s portfolio, situated in Greensburg, Pa. Image courtesy of CBL Properties Tennessee-based CBL Properties has obtained a $78 million non-recourse loan for Cross Creek Mall, a 790,582-square-foot retail property in Fayetteville, N.C. Mesirow Financial issued the note, Commercial Real Estate Direct reported. The five-year, fixed-rate CMBS loan retires […]

IDI Logistics designed its new facility to achieve LEED certification and will target assembly, manufacturing and distribution users. Image courtesy of IDI Logistics IDI Logistics has started construction on Nevada Logistics Center, a 164,358-square-foot industrial project in Charlotte, N.C. The Class A facility is scheduled to come online in 2026’s second quarter. The developer appointed […]

WeWork’s future coworking space at 250 Broadway will span across five floors at the office building. Rendering courtesy of WeWork WeWork has signed a 60,000-square-foot lease with AmTrust Realty to occupy five floors at 250 Broadway in Lower Manhattan. The flex office space provider is planning to open a coworking location on levels 24, 25, […]

A joint venture between RealtyLink’s RL Cold and BGO has secured a $78.5 million refinancing loan for a 268,060-square-foot cold storage property in Lula, Ga., Commercial Observer first reported. QuadReal issued the debt in a deal arranged by Newmark. The property debuted last year, with CJ Logistics fully occupying it. Image courtesy of CJ Logistics […]

It’s not just what your tenants want, it’s what they expect. Are you keeping up with their requirements? The CPE Executive Council shares some of the new trends to keep an eye on. Jason Wurtz Building Confidence High construction costs remain a major factor in today’s market. At NAI Hiffman, we’re seeing tenants prioritize second-generation office spaces […]

Exclusive Trim and Marc Refrigeration occupy the entire two-building campus. Image courtesy of JLL Granite REIT has purchased a 124,500-square-foot industrial campus in Coral Springs, Fla. The asset traded for $36.4 million, according to Broward County public records. A joint venture of Barings Real Estate and Arkadia Property Group was the seller. JLL Senior Managing […]

Shlomi Ronen In previous cycles, commercial real estate transaction volume typically declined due to liquidity constraints or economic recessions. However, that’s not the case today—liquidity remains ample, and the economy is relatively stable. So what’s causing the current slowdown in CRE transactions? I believe there are three primary factors: Unrealistic owner expectations. Many CRE owners […]

Robert Slatt Despite continued headwinds, commercial mortgage debt liquidity remains abundant and accessible. Deal flow is up. Transactions are closing. We seem to finally have some positive signs on rate relief with stability after early rate volatility in the first half. This and a seemingly ever-resilient economy bode well for a more active second half. […]

The Federal Bureau of Investigation’s headquarters will remain in Washington, D.C. The agency will be moving a few blocks away on Pennsylvania Avenue to the Ronald Reagan Building and International Trade Center. The decision comes after decades of discussions and plans to relocate the FBI from the aging 1.7 million-square-foot J. Edgar Hoover Building at […]

The portfolio’s four buildings came online in multiple stages and are part of CenterPoint Intermodal Center, a 190-acre park. Images courtesy of Yardi research data EQT Real Estate, through its Industrial Value Fund VI, has acquired a 2 million-square-foot industrial portfolio in Manteca, Calif., from CenterPoint Properties. The collection traded for $264 million, according to […]

Crow Holdings has completed the recapitalization of a 6 million-square-foot industrial portfolio with Core+ funds affiliated with Blackstone Real Estate. Newmark represented Crow Holdings in the deal. Crow Holdings has completed the recapitalization of a 6 million-square-foot industrial portfolio with Core+ funds affiliated with Blackstone Real Estate. Image courtesy of Newmark Under the terms of […]

Weston I recently underwent capital improvements worth $6.5 million. Image courtesy of Yardi research data Engineering firm Kimley-Horn has signed a nearly 40,000-square-foot lease at Accesso Partners’ Weston I, a 212,000-square-foot office property in Cary, N.C. CBRE represented the ownership in the lease signing, while Savills worked on behalf of the tenant. Located at 1001 […]

At a pivotal time for owners, property managers and asset managers, industry experts gathered to share insights on the industry’s pressing topics. BOMA International President & CEO Mary Lue Peck delivers the keynote at the organization annual conference in Boston. Photo by Paul Rosta BOMA Special Report: Will Energy Star Survive ’25? The budget zeroes […]

E-commerce remains a driver of demand in the industrial sector, and its growth will necessitate between 50 million and 75 million square feet of new space each year in the U.S. until 2030 at least, according to Prologis. The pandemic drove the demand for industrial warehouse space in the early 2020s to new heights. More […]

Therese Fitzgerald The Senate version of the One Big Beautiful Bill (HR 1) contains a number of provisions that speak to CRE’s interests. Provisions on bonus depreciation, Opportunity Zones, low-income housing tax credits and other programs extend many advantages contained in the Tax and Jobs Act of 2017 and, in some cases, expand or makes […]

For the Cincinnati Public Radio project, local architect Emersion DESIGN used glass windows both inside and out to maximize natural light. Image courtesy of Skanska Cincinnati’s Walnut Hills neighborhood is now home to a development unlike any other in the country: a fully mass timber broadcast facility. Built by Skanska with cross-laminated timber components assembled […]

Image by SiberianArt/iStockphoto.com The One Big Beautiful Bill Act currently before the Senate largely assuages commercial real estate professionals. The measure, which now returns to the House for a vote or more amendments, maintains current law on policies that tend to come under the looking glass every so often, including business property and income tax […]

The U.S. industrial sector continued to show signs of deceleration during the first half of the year. Despite this overall slowdown, the Sun Belt is still generating growth, as markets in the region have maintained strong momentum. Case in point, our emerging industrial markets list featured a number metros from the Sun Belt. Below, we’ve […]

Apple has acquired 615 and 625 N. Mathilda Ave. in Sunnyvale, Calif., for $350 million. The property, which the company has already been occupying as a tenant, is a two-building office campus totaling 382,500 square feet. Jay Paul Co. sold the Class A asset, according to Yardi research data. Mathilda Commons comprises two twin office […]

Source: Northmarq, Real Capital Analytics The single-tenant industrial sector experienced mixed dynamics in early 2025. While the market’s resilience amid broader market pressures is illustrated in first-quarter results, it’s clear that the industrial market is not immune. Total sales volume reached $4.6 billion, reflecting a slightly stronger start to the year compared to 2024. However, […]

Scottsdale Quarter attracts more than 4.5 million visitors annually. Image by Vestar, courtesy of FalconEye Ventures FalconEye Ventures has acquired Scottsdale Quarter, a 755,000-square-foot mixed-use property blending Class A office, luxury retail and residential components in Scottsdale, Ariz. Washington Prime Group was the previous owner, according to Yardi research data. Debt totaling $165 million previously […]

Bearishness gripped the respondents of the late DLA Piper 2025 Global Real Estate Review, with a sudden spike this spring in those feeling pessimistic about the industry’s prospects. The spike coincided with the White House’s new trade policy announced in April, and markets’ and investors’ reaction to it. In the second round of surveys, more […]

The 64,000-square-foot Petersen Building opened in 1983. Image courtesy of Yardi research data Tinder co-founder Justin Mateen and brother Tyler Mateen have acquired The Hollywood Collection, a 180,000-square-foot retail portfolio on Los Angeles’ Hollywood Walk of Fame, for $69 million. The transaction included the 118,00-square-foot Hollywood Galaxy building at 7021 Hollywood Blvd. and the 64,000-square-foot […]

VanTrust expects to deliver this project by the second quarter of 2026. Rendering courtesy of VanTrust VanTrust will kick off construction on a speculative 302,400-square-foot industrial project in New Albany, Ohio, its seventh such development in the market. Completion is slated for 2026’s second quarter. Elford Construction will serve as general contractor for the RED […]

Following successful negotiations with the other G7 nations, Treasury Scott Bessent requested the provision be eliminated. Screenshot from CSpan The One Big Beautiful Bill budget proposal is now missing a provision that would have been pretty undesirable for commercial real estate. Treasury Secretary Scott Bessent announced on X on Thursday that he has asked Republican […]

EdgeCore’s Louisa County data center will be its third in Virginia. Image courtesy of EdgeCore Digital Infrastructure EdgeCore Digital Infrastructure will invest $17 billion into a 3.9 million-square-foot data center campus in Louisa County, Va. The company acquired 697 acres for the project designed to provide 1.1 gigawatts of capacity at full build-out. Rappahannock Electric […]

At the National Association of Real Estate Editors conference in New Orleans, I had the opportunity to sit down with Kevin Kessinger, president & COO of Trademark Property Co., to discuss what’s happening in the retail real estate space. Among the trends we discussed is how experiential and seasoned retailers are “converging” to create a […]

Whole Foods is one of the anchor tenants at The Triangle at Classen Curve. Image courtesy of Bain Capital and 11North Partners The joint venture of Bain Capital and 11North Partners has acquired, for about $212 million, a portfolio of three open-air, lifestyle retail centers in Oklahoma City. The strategic partnership was formed in April […]

Rendering of the first facility to come online in Vantage Data Centers’ Phoenix campus, completed in 2021. Image courtesy of Vantage Data Centers Vantage Data Centers has secured a $735 million refinancing package for three data centers in Goodyear, Ariz., Bisnow first reported. Wells Fargo, Citibank and Goldman Sachs originated the fixed-rate note, expected to […]

Queens Center is another enclosed mall owned by Macerich. Image courtesy of CommercialEdge Macerich has entered the Southeast market with the $290 million purchase of Crabtree Valley Mall, a Class A retail property of approximately 1.3 million square feet in Raleigh, N.C. The California-based REIT plans to invest about $60 million in new redevelopment and […]

Life Time Inc.’s retail space at 10 Bryant will include fitness features as well as coworking spaces. Image courtesy of JLL Life Time Inc. has signed a 20-year, 52,000-square-foot retail lease at Property & Building Corp.’s 10 Bryant in Manhattan. The wellness brand will occupy four floors at the 865,000-square-foot office property starting early 2027. […]

The U.S. business sector came into 2025 looking forward to a resurgence of merger-and-acquisition activity, based on their collective expectations about inflation, interest rates and the new presidential administration, according to highlights from a new report from PwC. Tim Bodner, U.S. Real Estate Leader, PwC. Image courtesy of PwC Contrary to those expectations, the administration […]

In a deal that intersects with two current trends in the office sector—the active market in distressed properties and conversions to residential—JBG Smith has acquired Tysons Dulles Plaza, a three-building, approximately 500,000-square-foot office campus in Tysons, Va. JBG Smith has acquired Tysons Dulles Plaza, a three-building, office campus in Tysons, Va. Image courtesy of CBRE […]

Bourdeau talks to Calugar about the history and mission of CREW Network Foundation. Image by monkeybusinessimages/iStockphoto.com Gayle Bourdeau first learned about CREW Network in 1998 while she was a summer associate in the business department of a title insurance company. She joined CREW Boston in 2003 and since then has held multiple positions within the […]

Blackstone purchased a controlling interest in Block 5 (pictured above) and Block 6. Image courtesy of CommercialEdge Shorenstein Investment Advisers has closed two transactions at The Spring District, a mixed-use property in Bellevue, Wash., developed in partnership with Wright Runstad & Co. The first transaction witnessed Shorenstein’s controlling interest transfer in Blocks 5 and 6, […]

Dermody is launching development of Port Wentworth Commerce Center, a 1,065-acre, 10 million-square-foot master-planned logistics project located 6.5 miles from the Port of Savannah in Georgia. Port Wentworth Commerce Center near the Port of Savannah in Georgia, the Southeast’s largest planned logistics development. Image courtesy of Dermody It is expected to be the largest near-port […]

Following Carlisle’s capital improvements, Fordham Park reached full occupancy. Image courtesy of JLL Carlisle Capital Corp. has secured a $92 million loan for Fordham Park Robotic and Logistics Campus, a 393,911-square-foot, three-building property in Wilmington, Mass. M&T Bank issued the five-year note in a deal arranged by JLL. A 10-year, $75 million loan previously encumbered […]

FrontRange Capital has launched a $150 million programmatic joint venture with O’Connor Capital Partners to develop triple net leased retail properties. The equity for the venture comes from a FrontRange-managed fund backed exclusively by one of the country’s largest university endowments. O’Connor has obtained $47.1 million in financing for The Crosslands, a retail center in Kissimmee, […]

Will Sandford discusses the intersection of technology, brokers and operational efficiency in the flexible office space. Image courtesy of Yardi Although coworking and flex office space continue to see increased demand from both tenants and landlords, they haven’t yet achieved the scale and consistency of more mature asset classes. As traditional landlords increasingly embrace inclusion […]

The 101 Logistics Center buildings will feature from 32- to 40-foot clear heights. Image courtesy of Stream Realty Partners Stream Realty Partners has broken ground on 101 Logistics Center, a 738,000-square-foot, four-building industrial complex in Oxnard, Calif. The facilities will rise on 41 acres at 2921 Sakioka Drive, 2721 Sakioka Drive, 1711 Synergy Circle and […]

The 101 Logistics Center buildings will feature from 32- to 40-foot clear heights. Image courtesy of Stream Realty Partners Stream Realty Partners has broken ground on 101 Logistics Center, a 738,000-square-foot, four-building industrial complex in Oxnard, Calif. The facilities will rise on 41 acres at 2921 Sakioka Drive, 2721 Sakioka Drive, 1711 Synergy Circle and […]

Occupying more than 42 acres, Park Loop @ I-65 is on track for an early 2026 delivery. Rendering courtesy of CRG A partnership between CRG and STAG Industrial broke ground on Park Loop @ I-65, an industrial development measuring 500,240 square feet in Shepherdsville, Ky. Completion is slated for early next year. Clayco provides design-build […]

The Federal Reserve has again declined to adjust the benchmark federal funds rate, the central bank announced on Wednesday. The range of the rate will remain at 4.25 percent to 4.5 percent, where it has been since December, the central bank announced on Wednesday following the meeting of the Federal Open Market Committee. Federal Reserve […]

The Wharf is a 3.5 million-square-foot mixed-use neighborhood in southwest Washington, D.C. Photo by Patrick Revord, courtesy of Hoffman & Associates Less than two months after taking ownership of The Wharf in Washington, D.C., PSP Investments has secured a $1 billion refinancing note for 2.2 million square feet of space at the mixed-use property, according […]

The facility at 9860 W. Buckeye Road in Tolleson, Ariz., is one of ILPT’s properties that benefit from the current refinancing. Image courtesy of CommercialEdge Industrial Logistics Properties Trust has landed $1.2 billion in refinancing for a 101-property industrial portfolio located in mainland U.S. and Hawaii. Bank of America, Citibank, Bank of Montreal, Morgan Stanley […]

The 10-story Edison Place office building is LEED Gold-certified. Image courtesy of Pepco Holdings The Washington, D.C.’s office sector continued to show mixed fundamentals, according to the latest CommercialEdge data. The metro’s investment activity recorded a 8.5 percent year-over-year increase as of April, placing the nation’s capital in the second spot in the U.S. for […]

The American Dental Education Association will relocate its Washington, D.C., office to District Center at 555 12th St. NW. Photo courtesy of 555 12th REIT LLC, via Stream Realty Partners The American Dental Education Association is relocating its Washington, D.C., headquarters to District Center, a 12-story office building at 555 12th St. NW, in the […]

The influx of tech and innovation companies is positioning Boca Raton as an emerging center for high-growth industries. Image by Robert Sadler Clark, courtesy of BDPBC Palm Beach County has long been known for its sandy beaches, gated communities and appeal to retirees. Today, however, it’s quickly being recognized as a center for innovation on […]

Arbor is pleased to announce the launch of a new Preferred Equity Product that will be available behind Freddie Mac loans. We now offer our borrowers access to Proprietary Preferred Equity behind the Freddie Mac Conventional loans we originate. With Arbor, you can now simultaneously secure a senior loan and preferred equity under one roof, […]

Plastic Express fully leased this 982,800-square-foot facility at the Central Port Logistics Center in 2023. Image courtesy of Capital Development Partners Capital Development Partners has secured a $77.3 million construction loan for the development of three speculative industrial facilities spanning 1.2 million square feet at the Central Port Logistics Center in Savannah, Ga. Marcus & […]

Mutual of America Building is a Class A+ high-rise at 320 Park Ave., within the borough’s Plaza District. Image courtesy of CommercialEdge The nation’s biggest office metro regained its footing in early 2025, reclaiming top spots across several key metrics, CommercialEdge data shows. Manhattan once again posted the highest office sales prices and asking rents […]

Calling the life science sector’s start to this year “disquieting,” a just-released report from JLL examines the multiple uncertainties that are making investors and pharma companies cautious and leasing deals smaller on average. One measure of this is that the U.S. lab market, which totals roughly 200 million square feet, would need about 20 million […]

Galvanize Real Estate picked up the five-property Baltimore-Washington Industrial Portfolio totaling 680,000 square feet. Image courtesy of Galvanize Real Estate Galvanize Real Estate has acquired a five-property industrial portfolio totaling more than 680,000 square feet across Maryland, between Baltimore and Washington, D.C. The properties, acquired in a single transaction, are located along the Interstate 95 […]

AEW Capital Management also owns 701 S. Sally Place, a Class A facility less than 6 miles from the building that recently traded. Image courtesy of CommercialEdge AEW Capital Management has sold a 130,925-square-foot industrial facility at 2929 E. Imperial Highway in Brea, Calif., for $53.7 million, according to CommercialEdge information. JIAHERB acquired the Class […]

Riverside Properties purchased 160 Gould St. in Needham, Mass., from James Campbell Co. Image courtesy of CommdercialEdge. Riverside Properties has acquired the Needham Corporate Center at 160 Gould St. in Needham, Mass. Newmark represented the seller, James Campbell Co., in the transaction. Newmark’s Co-Head of U.S. Capital Markets Robert Griffin, along with Boston Capital Markets Executive […]

Niles Industrial Center debuted in 2004 and changed ownership for the first time one year later. Image courtesy of CommercialEdge LBA Logistics has purchased Principal Real Estate Investors’ 413,112-square-foot Niles Industrial Center in metro Chicago for $55.5 million, according to CommercialEdge information. The asset previously traded for $21.4 million two decades ago. The building came […]

Related Beal has topped out Leiden Center II at Innovation Square, a 345,000-square-foot life science development in Raymond L. Flynn Marine Park in Boston. The property will be fully occupied by Vertex Pharmaceuticals upon completion in early 2027. Jeffrey Leiden Center for Cell and Genetic Therapies. Image courtesy of Vertex Pharmaceuticals Once Vertex occupies the […]

An exterior glazing and aluminum composite canopy is installed at the building’s corners. Image courtesy of Dermody Dermody has acquired the 1.1 million-square-foot Building 1 at the Tripoint Logistics Center, a 300-acre master-planned industrial park in Lathrop, Calif. BGO previously owned the asset, CommercialEdge shows. CBRE represented the buyer. Crow Holdings developed the campus in […]

Southern Land Co. lease signage makes 99 Park Ave 100 percent occupied. Image courtesy of JLL Southern Land Co. has agreed to occupy 13,000 square feet at Global Holdings Management’s 99 Park Ave. office tower in New York City. The real estate development firm’s relocation to the 600,000-square-foot building in Murray Hill will bring the […]

The property at 400 E. Parr Blvd., was last upgraded in 2016 and includes 18 dock-high doors and one grade-level door. Image courtesy of Cushman & Wakefield Panattoni Development Co. has sold a 169,027-square-foot industrial facility in Reno, Nev., for $20.5 million. An entity affiliated with ZLINE Kitchen and Bath, a local luxury kitchen and […]

Five years after the passage of Local Law 97, impacted property owners are facing their first reporting deadline under the groundbreaking carbon emissions reduction legislation. But it’s the deadlines to come that will really challenge owners and the city at large. By 2050, all buildings are expected to get to zero. Welcome back to Sustainability […]

Tariffs have dominated the thinking and strategies of executives for months, but what will the prospective impact on the industrial sector be? Charlie Smith, left, and Lisa DeNight of Newmark discuss tariffs, trade and industrial trends at NAIOP’s I.CON Conference. Photo by Paul Rosta “The sheer uncertainty of what the tariff rate is going to […]

Lendlease has completed FORUM, a nine-story, 350,000-square-foot life sciences building in Boston’s Allston-Brighton neighborhood. Lendlease’s new FORUM life science building opened in June 2025. Image by David Joshua Ford, courtesy of Lendlease. Designed by SGA and constructed by Consigli, FORUM reportedly is the first purpose-built life sciences facility in Boston Landing, a mixed-use neighborhood that […]

Aerial view of the transformation of the former refinery into The Bellwether District. Hilco Redevelopment Partners secured a $500 million loan provided by PCCP LLC for the redevelopment of the 15 million-square-foot mixed-use industrial park in South Philadelphia. Image courtesy of Hilco Redevelopment Partners Philadelphia’s industrial pipeline remained active in April, with nearly 6.2 million square feet […]

64 Research Drive in Taunton Mass., is fully leased by Crane Worldwide. Image courtesy of Marcus Partners In a $50 million deal, Marcus Partners has sold a Massachusetts industrial portfolio to an Ares Real Estate fund. The assets consist of two Class A buildings totaling 192,000 square feet and the buyer purchased the two-building portfolio. […]

Goodman Commerce Center Long Beach’s Building One rose on the site of the former Boeing manufacturing and distribution property. Image courtesy of Goodman Goodman North America has wrapped up the construction of the first, 504,810-square-foot building at Goodman Commerce Center Long Beach in metro Los Angeles. Located on 24 acres at 2401 E. Wardlow Road, […]

The portfolio spans 293 acres throughout 19 markets in 13 states. Image courtesy of JLL Blackstone Real Estate Debt Strategies issued $231 million in financing for a 43-property industrial outdoor storage portfolio encompassing 293 acres throughout 13 states. JIOS, a subsidiary of Jadian Capital, secured the note with JLL representation. The collection is spread across […]

Taiwan-based Foxconn Corp., a global electronics maker and longtime manufacturing partner to Apple and Nvidia, has acquired the four-building, 1 million-square-foot, Class A Fairbanks Logistics Park in northwest Houston from Dalfen Industrial for $142 million. Foxconn reportedly plans to invest $450 million at the 86.3-acre industrial park to build an AI server manufacturing facility. Aerial […]

The 1989-built property includes 32,397-square-foot floor plates and 511 parking spots. Image courtesy of Newmark R.J. Kelly Co. has purchased 101 Station Landing, a 160,482-square-foot office property in Medford, Mass., for $11.8 million. The property traded from James Campbell Co., with the buyer securing acquisition financing from Cambridge Savings Bank. The sale price marks a […]

Baker Hollow Logistics Center includes 32-foot clear heights and ample trailer and vehicle parking space. Image courtesy of JLL NorthPoint Development has bought Baker Hollow Logistics Center, a 165,625-square-foot industrial facility in Windsor, Conn., for $25.3 million. A joint venture of Condyne Capital Partners and an account managed by UBS Realty Investors sold the property. […]