Category: Real Estate

Another sector is turning a corner. Life science demand was up 6.3 percent across the U.S. in the first quarter. In the Bay Area, Boston and San Diego, however, growth hit an impressive 30 percent, according to a new JLL report. Signs are pointing to a resurgence, and there are reasons to be optimistic about […]

A new survey from JLL examines, among other issues, the struggle for tech talent, how companies are working to optimize their spaces and the role of venture capital, across 17 U.S. metros, plus Vancouver and Toronto. JLL’s markets perspective on the technology industry report is being released today. John Leddy, managing director with JLL’s Technology […]

Urban District 35 consists of four Class A buildings ranging between 77,830 and 134,887 square feet. Image courtesy of Urban Logistics Realty Urban Logistics Realty has sold Urban District 35, a 440,663-square-foot industrial park in Denton, Texas, a Dallas submarket. High Street Logistics Properties purchased the four-building asset by using an acquisition loan from The […]

Forward-looking indicators favor prime and alternative assets, according to Parsons. Image courtesy of RICS Commercial real estate sentiment across the globe is gradually recovering, according to the most recent Global Commercial Property Monitor survey released by the Royal Institution of Royal Surveyors in London. Responses from CRE occupiers and investors from all over the world […]

5355 Medpace Way will be demolished and replaced by a nine-story office tower. Photo courtesy of CommercialEdge Medpace, a publicly traded clinical research company, is moving forward with a two-building 654,000-square-foot expansion of its corporate campus in Madisonville, Ohio. According the Cincinnati Business Courier, the $327 million project recently secured several incentives from both the […]

The outpatient facility was fully occupied at the time of the sale. Image courtesy of Anchor Health Properties Anchor Health Properties, in partnership with BGO, has acquired a 70,418-square-foot medical office building in Sarasota, Fla. Casto sold the asset for $31.8 million, according to Sarasota County records. The purchase was made through a programmatic acquisitions […]

A total of 18 tenants lease space across the eight buildings, the portfolio being 91 percent occupied at the time of sale. Image courtesy of CBRE A joint venture of Redfearn Capital and TPG Angelo Gordon has purchased a 380,589-square-foot industrial portfolio in Jacksonville, Fla. Somerset Properties and CenterSquare Investment Management sold the eight buildings […]

The tower rises in South End close to a plethora of dining facilities. Image courtesy of Stiles The joint venture between Stiles and Shorenstein Properties has opened 110 East, a 23-story, 370,000-square-foot Class A office building in Charlotte, N.C. Hastings Architecture designed the $186 million development, while Shelco served as general contractor. The partnership broke […]

Cummins Inc., a Columbus, Ind.,-based global power solutions company, has leased a 1.1 million-square-foot recently built Class A building at Mohr Logistics Park, a 475-acre industrial campus developed by Mohr Capital in suburban Indianapolis. Cummins is leasing Building 6 at the 475-acre Mohr Logistics Park in Whiteland, Ind. Image courtesy of Mohr Capital The company’s […]

Supply chain issues from 2021-2022 have eased, but recent incidents in Baltimore and the Panama Canal underline ongoing challenges, according to the latest CommercialEdge report. Massive influx in new supply between 2022-2023 coincided with a slowdown in e-commerce growth. Image courtesy of Travel mania via shutterstock.com The collapse of the Francis Scott Key Bridge will […]