Starwood REIT to Secure $1B+ Debt Package
This 398,098-square-foot property in Tolleson, Ariz., is included in the portfolio. It sits on nearly 28 acres and comprises four buildings. Image courtesy of Yardi Research Data Starwood Real Estate Income Trust will receive a debt package of more than…
Atlanta-Area Industrial Campus Moves Into 2nd Phase
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…
BCS Breaks Ground on Metro Houston Campus
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…
Endurance Secures 1 MSF Lease With 3PL Tenant
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…
Blackstone’s QTS Eyes $600M Loan
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…
Mohr to Develop 1 MSF Build-to-Suit Chicagoland Project
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…
Lincoln Property Buys San Diego Office Campus
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…
Foxfield JV Locks In $132M Industrial Refi
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…
Salt Lake City Industrial: Perfect Storm for Value Creation
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….
Industrial Absorption to Stay Positive, but for How Long?
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…
Woodside Health JV Buys Houston MOB
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….
Realterm Closes $350M Logistics Credit Fund
One of GreenPoint’s Fort Worth, Texas, IOS properties included in the January $70.8 million financing transaction with Realterm. Image courtesy of GreenPoint and Outpost Realterm, an Annapolis, Md.,-based global logistics investment manager, has expanded into direct lending capital solutions to…
Capital Ideas: What AI Can’t Replace in CRE
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…
SL Green to Acquire Historic NYC Properties for $160M
The 122,600-square-foot property at 346 Madison Ave. debuted in 1915, making it the oldest of the two assets to be acquired by SL Green. Image courtesy of Yardi Research Data SL Green Realty Corp. has agreed to acquire 346 Madison…
Norges Bank JV to Pay $571M for Manhattan Tower
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…
MetLife Sells SoCal Industrial Properties for $166M
TA Realty purchased The Concourse, a four-building industrial business park in the City of Industry, Calif. Image courtesy of Cushman & Wakefield MetLife Investment Management has sold the Golden Coast Portfolio, a collection of three industrial properties totaling nearly 600,000…
Top 5 Metros for Industrial Deliveries in H1 2025
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…
Law Firm Re-Ups for 97 KSF in Downtown Miami
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…
Hammes Partners Raises $445M for Health-Care Real Estate Fund
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…
Top 5 NYC Retail Building Sales—July 2025
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…
CPE Executive Council: How Institutional Investors are Shifting Their Focus
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…
The Missner Group Inks 198 KSF Chicago-Area 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…
Mitigating the Risk of Unknown CAM Expenses
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…
Connolly Brothers Buys 160 KSF Boston-Area Asset
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…
Top 5 NYC Office Building Sales—July 2025
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…
Are Cap Rates Starting to Compress?
The uncertainty that real estate investors face regarding U.S. trade policy, the trajectory of interest rates and the nation’s long-term fiscal health is amply reflected in CBRE’s H1 2025 cap rate survey. The survey of more than 200 CBRE real…
CRE Investors Gear Up for September
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’)…
Office Report: Discounted Sales Multiply, Pressures Persist
With approaching maturities and high vacancies hitting most markets, discounted sales are rising in the office sector, according to the latest Yardi Matrix national office report. More specifically, a whopping 46 percent of assets sold at a discount this year…
Investment Matters: Rocking Neighborhood Retail
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,…
Blue Owl, Chirisa Technology Close $4B JV for CoreWeave Campus
CoreWeave will be the sole tenant at the initial 100-megawatt campus in Lancaster, Pa., and at a separate campus in Chesterfield, Va. Image courtesy of CoreWeave Blue Owl Capital has formed a $4 billion joint venture with Chirisa Technology Parks…
McCraney Obtains $29M Loan for Raleigh Industrial Project
Upon completion in 2026, Apex Logistics will encompass two such rear-load buildings. Image courtesy of JLL McCraney Property Co. has secured a $28.8 million construction loan for Apex Logistics, a 305,470-square-foot industrial project in Apex, N.C. Pinnacle Financial Partners issued…
Newcastle Breaks Ground on Inland Empire Project
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…
Hillwood’s AllianceTexas Lands $760M AI Deal
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…
Bay Area Office Campus Trades for $207M
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…
KPR Enters Minnesota With 452 KSF Retail Buy
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,…
Recharge: Siemens Energy to Relocate Orlando Offices
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…
San Francisco’s Office Market Still Strong, Despite Challenges
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…
Invesco Sells 240 KSF West Houston Asset
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….
Top 5 Office Projects Under Construction in San Francisco
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…
RCG Ventures Buys Cleveland Shopping Center
Completed in 1989, Ridge Park Square comprises nearly 387,000 square feet of retail space. Image courtesy of JLL RCG Ventures has purchased Ridge Park Square, a 386,754-square-foot dual grocery-anchored shopping center in Brooklyn, Ohio. Zeisler Morgan Properties sold the asset…
Sustainability Street: Wellness in the Evolving Workplace
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…
Novel Sells Houston Office Asset
The previous owner renovated the 15-story building. Image courtesy of JLL DML Capital has purchased 3555 Timmons, a 227,064-square-foot office building in Houston. JLL worked on behalf of the buyer to secure acquisition financing through an insurance company. Novel Office…
Dragos Capital Buys CVS-Leased Retail Portfolio
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…
Hudson Pacific JV Lands $285M for Seattle Tower
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…
Tishman Speyer Provides Loan for Boston Life Science Project
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…
Swift Sells Los Angeles-Area Office Building
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…
Granite, Highwoods Open Dallas Mixed-Use
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…
MetroNational Buys Houston Tower – Commercial Property Executive
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…
Playboy Relocates Global HQ to Miami
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,…
Phoenix’s Industrial Market Sees Slower Deliveries, Strong Starts
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…
Downtown Houston Office Tower Changes Hands
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…
Lowe’s Opens 130 KSF Phoenix Store
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…
Hillwood JV Opens 450 KSF Production Facility in Texas
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…
Terreno Expands in Seattle With $233M Buy
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…
LXP Industrial JV Lands $376M for National Portfolio
Among LXP Industrial Trust’s entire Houston portfolio is the 257,835-square-foot Bayport South Business Park. Image courtesy of Yardi Research Data The joint venture between LXP Industrial Trust and Davidson Kempner Capital Management has obtained a $376 million loan, according to a Fitch…
Vornado Secures $120M for Manhattan Retail
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,…
Denver Office Sector Still Sluggish
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…
Call for Submissions: 2025 Top Developers
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…
M-M Properties Lands 41KSF HQ Lease in Houston
The 1.3 million-square-foot tower rises 56 stories. Image courtesy of M-M Properties Wright Close & Barger LLC has signed a 41,000-square-foot headquarters lease at TC Energy Center, a 1.3 million-square-foot office tower in Houston. Newmark arranged the deal on behalf…
Durst Lands $1.3B Refi for Times Square Trophy Tower
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…
Apollo Buys Majority Stake in Stream Data Centers
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…
How Northern California Industrial Maintains Its Edge
Erik Hanson Northern California’s performance isn’t accidental. It’s built on three fundamental advantages: geographical supply constraints, a diverse technology-driven tenant base and strategic positioning that consistently delivers through market cycles. Northern California’s peninsular geography and limited developable land create natural…
MCB Real Estate JV Eyes Brooklyn Retail Redevelopment
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…
Hazel Street Capital, CIP Real Estate Forge Industrial JV
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…
Wayfair Plans 140 KSF Store in Denver
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…
Nitze-Stagen JV Lands $435M for Seattle Landmark
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…
$33B Data Center Park Eyed in Arizona
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…
Cousins Buys Dallas Office Asset for $218M
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…
Alliance Industrial to Develop Houston Campus
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…
Agree Realty Pays $76M for Retail Portfolio
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:…
Nuveen Raises $785M for C-PACE Fund
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…
Ashkenazy Buys Queens Retail Asset
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…
Office Report: Maturities Rise as Vacancies Intensify
Unfavorable conditions continue in the office sector as high vacancies, weak office-using employment growth and uncertain economic climate have created unease in the industry, according to the latest Yardi Matrix national office report. Among top office markets, Atlanta recorded the…
Top 5 Office Projects Under Construction in San Diego
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….
NYC’s Fab 4 Draw Investors, Lenders
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…
Lovett Begins Next Phase of Houston Industrial Project
610 Business District’s Phase 2 will include four buildings totaling more than 537,000 square feet. Image courtesy of Lovett Industrial Lovett Industrial has begun the second phase of development for its 610 Business District project, a master-planned business park in…
2025 Office Net Lease Sales Volumes and Cap Rates
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…
Link Logistics Sells Industrial Park for $96M
Sierra View Business Park’s Building 1 came online in 2007 and has 30-foot clear heights. Image courtesy of Yardi Research Data Link Logistics has sold Sierra View Business Park, a 712,733-square-foot industrial campus in Roseville, Calif., a Sacramento submarket, according…
CPE Executive Council: How to Fill Leadership Gaps in an Evolving Industry
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…
Rabina Secures 1st Office Tenants at New Manhattan Skyscraper
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…
EdgeCore Locks In $235M for Data Center Projects
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…
2025 New Orders – Commercial Property Executive
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…
BKM JV Pays $120M for Bay Area Portfolio
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…
Hunter Partners JV Lands AI Firm for Bay Area Building
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,…
Chase Properties Ventures Into New Markets
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…
Agus JV Snaps Up New Jersey Retail Center
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…
Banyan Street Capital Lands $42M Acquisition Loan
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…
RK Centers Lands $34M for Miami Retail Center
The 129,000-square-foot RK Causeway Plaza opened in 1970. Image courtesy of Yardi Research Data RK Centers has received a $34 million refinancing loan for RK Causeway Plaza, a 129,000-square-foot shopping center in North Miami, Fla., according to Yardi Research Data….
Turnbridge Buys Queens IOS Asset in Bankruptcy Sale
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…
Alterra Acquires IOS Portfolio for $67M
Alterra IOS 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…
Invesco Pays $82M for Atlanta-Area Retail Center
Anchored by TJ Maxx, Home Goods and Target, Georgia Crossing is located in one of the most visited retail corridors in the state. Image courtesy of JLL Invesco Real Estate has acquired Georgia Crossing, a 317,301-square-foot shopping center in Buford,…
Bridge Logistics Buys Inland Empire Portfolio for $84M
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….
Convene to Open 16th Manhattan Location
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…
How Construction Headwinds Are Shaping Development
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…
PowerHouse JV to Build $15B Pennsylvania Data Center Hub
PAX will include three data center campuses expected to total 4.2 million square feet. Image courtesy of Pennsylvania Data Center Partners PowerHouse Data Centers has formed a joint venture with Pennsylvania Data Center Partners for the development of a $15…
SL Green Debt Fund Surpasses $1B Milestone
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…
Net Lease Market Shows Stability
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…
Bow River Capital Secures $70M Refi
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….
Sustainability Street: The Truth About Mass Timber
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…
Chicago Pacific Founders Buys 192 KSF Medical Asset
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,…
Delivering an Office Experience Worth Commuting To
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….
Philadelphia Office Sector Still Sluggish
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…
Q&A: It’s Always Sunny in South Florida’s Office Market
“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…
PGIM Signs Chicago MOB Lease Renewal
Pavilion A is within the Silver Cross Hospital campus, 39 miles from downtown Chicago. Image courtesy of NAI Hiffman Silver Cross Hospital has signed a long-term lease renewal for 87,461 square feet at Pavilion A, a medical outpatient facility in…
Chicago Office Activity Picks Up, Construction Still Dull
The project will also encompass an adjacent six-story building destined for residential use. Image by Neoscape, courtesy of Fulton Street Cos. Chicago’s office sector had a bumpy 2024, with most of its fundamentals posting middling performance: new construction was muted,…
Woodside Health Continues Buying Spree
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…
Return-to-Office Rebounds – Commercial Property Executive
Visits to offices nationwide swung back upward in June, following a modest drop in May that came on the heels of a vigorous increase in April, Placer.ai reported, noting a bit of unusual volatility. “The magnitude of the dip in…
MedProperties Buys Chicago MOB – Commercial Property Executive
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…
Woodside Health Buys 2 Orlando MOBs
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…
Los Angeles Office Sales Maintain Strong Momentum
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…
DFW Mixed-Use Project Lands $425M Construction Loan
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…
Trammell Crow, Beacon Deliver Chicago Life Science Building
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…
Ardent Secures Major Tenant at Winston-Salem Tower
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…
Amazon Expands Miami Office Footprint
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….
Crow Holdings Lands Full-Building Lease in New Jersey
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…
Novva Brings Online 60MW Nevada Data Center
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…
LogiPropCo to Build Delaware Industrial Project
Crossroads 95 Logistics Center is on track for completion in the third quarter of 2026. Rendering courtesy of Logistics Property Co. Logistics Property Co. has acquired a 43-acre site in Newark, Del., where it will build a 442,530-square-foot industrial facility—its…
CBL Lands $78M for North Carolina Mall
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…
WeWork Signs 60 KSF Lease in Lower Manhattan
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…
San Diego, 3rd in the US for Office Prices
MUSE is a three-building life science campus in the Torrey Pines submarket of San Diego. Image by Sean Workman, courtesy of Sūdenim Visual Media San Diego’s office sector continued to perform well across several key metrics, according to Yardi Research…
Houston’s Retail Market Is All About Balance, Says Research Specialist
“The supply and demand dynamics are in lockstep,” said Triolet. Image courtesy of Partners Real Estate Houston’s retail market is showing remarkable stability midway through 2025, despite some signs of cooling off. According to Partners Real Estate’s first quarter report,…
CPE Executive Council: Tenant Expectation Trends
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…
Why CRE’s Transaction Volume Is So Low
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…
2025 Is Half Over. Are You Thriving Yet?
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…
FBI HQ to Remain in Downtown DC
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…
EQT Buys Central Valley Portfolio for $264M
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…
E-Commerce Continues to Steer Logistics Demand
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…
Blackstone’s 6 MSF Industrial Portfolio Deal Closes
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…
BOMA International 2025 Conference Highlights
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….
Accesso Inks 40 KSF at Raleigh-Area Office Property
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…
Capital Ideas: Lights Dim on Energy Incentives
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…
Blackstone JV Sells LA Campus for $120M
Blackstone and Worthe Real Estate Group have sold the former Los Angeles headquarters of retail chain Forever 21, a 1.8 million-square-foot campus with industrial and office space, to Related Fund Management and Newland Capital Group for $120 million. Jeff Blau,…
No Big Tax Changes for CRE in the ‘Big Beautiful Bill’—So Far
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…
CIM Group Inks 45 KSF in Brooklyn
The 670,000-square-foot Panorama consists of five interconnected buildings. Image courtesy of Yardi research data Little Big Hospitality has leased 45,000 square feet at CIM Group’s Panorama office complex in Brooklyn, N.Y. The tenant plans to open the first Beginning Clubhouse,…
Top Southeastern Markets for Industrial Transactions
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,…
Apple Continues South Bay Buying Spree With $350M Investment
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…
FalconEye Buys Metro Phoenix Mixed-Use Property
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…
$17B Data Center Campus Coming to Virginia
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…
CRE Executives Less Optimistic – Commercial Property Executive
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…
VanTrust to Break Ground on Columbus Warehouse
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…
Congress to Drop Provision 899 From Budget Bill
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…
Hollywood Walk of Fame Retail Sells for $69M
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….
Let’s Talk About Retail Trends
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…
CPE Midyear Outlook: Is It Only About Uncertainty?
CPE Editorial Director Suzann Silverman in conversation with Mark Zandi, Robert Durand, Michael Underhill, Michael Acton and Laura Rapaport. Screenshot by Michelle Matteson The backdrop for CRE seems to still include many of the usual suspects going into the second…
Vantage Secures $750M Refi for Phoenix Data Centers
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.,…
Chicago Office Redevelopment Enters Phase 2
The 535,000-square-foot West Side of Bell Works Chicagoland will also include an indoor piazza. Image courtesy of Inspired by Somerset Development, npz studio+ and Wight & Co. Inspired by Somerset Development has broken ground on the second phase of Bell…
Wellness Brand Signs Manhattan Retail Lease
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….
RCG Ventures Wraps $1.8B Retail Portfolio Deal
RCG Ventures LLC has completed the acquisition of a $1.8 billion multi-tenant retail portfolio from Global Net Lease Inc. The three-phase transaction included 99 properties across 28 states, totaling more than 14 million square feet. Last year, GNL also sold The…
New Growth on the Horizon
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,…
JBG Smith Picks Up DC-Area Campus at Steep Discount
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…
Link Logistics Lands 300 KSF Chicago-Area Lease Renewal
Link Logistics purchased the industrial asset at 500 Country Club Drive in Bensenville, Ill., in 2021. Image courtesy of CommercialEdge. Link Logistics has signed a lease renewal with Axis Warehouse & Logistics at 500 Country Club Drive in Bensenville, Ill….
Stream Breaks Ground on LA Industrial Complex
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…
Dermody Launches 10 MSF Logistics Campus
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…
Carlisle Obtains $92M for Boston-Area Industrial Park
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…
Tech, Brokers & Scalability: The Future of Coworking
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…
FrontRange, O’Connor Form $150M JV
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….
Stream Realty Breaks Ground on LA Industrial Complex
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…
Shorenstein Sells Seattle-Area Office Assets
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…
Fed Waits on Interest Rate Cuts
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…
Zelman Obtains $63M Refi for Los Angeles Asset
Century Business Center’s seven buildings debuted between 1938 and 1968. Image courtesy of CommercialEdge Zelman Development has secured a $63.2 million refinancing loan for Century Business Center, a 1.4 million-square-foot industrial park in Hawthorne, Calif., according to CommercialEdge information. UBS…
ILPT Secures $1.2B for Industrial Portfolio
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…
New Home, Bright Smiles: Dental Education Association Relocates HQ
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.,…
Arbor Launches Preferred Equity Product Behind Freddie Mac Loans
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…
NorthPoint Pays $270M for Chicago Industrial Portfolio
At 547,668 square feet, the warehouse at 2500-2580 Galvin Drive is the largest in the portfolio. Image courtesy of CommercialEdge NorthPoint Development has paid a combined $270 million for a 2.8 million-square-foot industrial portfolio in Elgin, Ill., public records show….
Seligman Refinances Orange County Mixed-Use
Bridgecreek Business Park comprises one- and two-story buildings. Image courtesy of CommercialEdge The Seligman Group has secured a $35.5 million refinancing loan for Bridgecreek Business Park, a 152,917-square-foot mixed-use campus in Garden Grove, Calif., according to CommercialEdge information. Comerica Bank…
Manhattan Office Market Shows a Promising Start
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,…
6 Key Trends Shaping the Life Science Sector
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…
AEW Capital Sells Orange County Asset for $54M
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…
Riverside Properties Acquires Boston-Area Asset
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…
Galvanize Real Estate Buys Maryland Industrial Portfolio
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…
Dermody Buys 1.1 MSF Industrial Asset in California
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…
Related Beal Tops Out Boston Life Science Project
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…
Global Holdings Signs New Tenant at NYC Office Tower
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…
GFH Partners, Scannell Properties Land $250M Portfolio Refi
GFH Partners and Scannell Properties have refinanced a seven-property, 2.3 million-square-foot industrial portfolio in seven U.S. states with a $250 million single-asset, single-borrower CMBS loan. FedEx Ground facility at 1035 Commerce Park Drive, S.W., in Cedar Rapids, Iowa. The property…
Sustainability Street: Living With Local Law 97
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…
Panattoni Sells Reno Industrial Facility for $21M
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…
Philadelphia Industrial Market Surges Ahead, Despite Slower Starts
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…
Lendlease Debuts 350 KSF Boston Life Science Project
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…
Marcus Partners Sells Mass. Industrial Portfolio for $50M
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…
Goodman Delivers 505 KSF Industrial Building in Metro LA
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…
NorthPoint Pays $25M for Connecticut Facility
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…
Foxconn Buys 1 MSF Industrial Campus for $142M
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…
RJK Picks Up Boston Office Building
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.,…
Blackstone Provides $231M for IOS Portfolio
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…
Argosy JV Obtains $34M Refi for Sacramento MOB
SixSixty was built in 1984 and fully renovated in 2020. Image courtesy of JLL. A joint venture between Revitate’s opportunity zone platform, RevOZ Capital, and Argosy Real Estate Partners has received a $34.1 million construction-to-perm loan for SixSixty, a medical…
Bit Digital to Build 200 MW Data Center in N.C.
The textile plant at 805 Island Drive in Madison, N.C. will be retrofitted into Bit Digital’s data center campus. Image courtesy of Bit Digital Inc. Bit Digital Inc., through its subsidiary, WhiteFiber Inc., will develop a hyperscale data center in…
Brokerage office renewal trends – Commercial Property Executive
Data courtesy of CPE survey, Commercial Property Executive compiled the 2025 list of the top 20 commercial real estate brokerage firms. Overall, these leading companies brokered sales amounting to $482 billion in the past year, marking a $32 billion increase year-over-year. The…
Selleck Secures $52M for Los Angeles Retail Center
Shoppes at Westlake Village comprises seven buildings across an 11-acre site. Image courtesy of CommercialEdge Selleck Development Group has obtained a $52 million refinancing loan for Shoppes at Westlake Village, its 104,500-square-foot retail center in Thousand Oaks, Calif., according to…
Forecasting In a Time of Uncertainty
Ryan Severino Periods of economic uncertainty can unsettle even the most experienced commercial real estate investors. And we’ve faced no shortage of uncertainty in recent periods. A pandemic, inflation, interest rate increases and now the specter of tariffs and trade…
Growing AI Firm Signs New HQ Lease in Manhattan
AI platform AlphaSense is relocating its global headquarters to Manhattan’s 441 Ninth Ave., also known as Hudson Commons. The property’s owner since late 2021 is CommonWealth Partners, of Los Angeles, according to CommercialEdge data. Hudson Commons at 441 Ninth Ave….
Nuveen Creates 1031 Exchange Platform
Nuveen has launched a 1031 real estate exchange platform that will offer property sellers the opportunity to convert proceeds from a sale into an ownership interest in an UPREIT. The maneuver thereby realizes the tax advantages of a 1031 exchange…
Levin Management Secures HQ Lease in Times Square
The fabled Martha Graham Dance Co., which will celebrate the centennial of its founding next year, will move from its current site at the Westbeth Home of the Arts, at 55 Bethune St., to the Paramount Building at 1501 Broadway,…
Investment Matters: 3650-Degree View of CRE Finance
Taking stock of the real estate capital markets is a tall order right now. At this volatile moment, it’s invaluable to hear insights from an executive who’s been there and done that through multiple market cycles. In part 1 of…
Nashville Office Sector Slows Down
Meridian Cool Springs is a four-story Class A office building at 3000 Meridian Blvd, in Franklin, Tenn. Image courtesy of CommercialEdge The Nashville office market ended the first quarter of 2025 with mixed dynamics, according to the latest CommercialEdge data….
Top 5 NYC Retail Building Sales—April 2025
Source: PropertyShark. a Yardi Systems Company Sale Price: $60 million The property at 95 N. 6th St. swapped in a $60 million portfolio deal that included the adjacent buildings at 97 and 107 N. 6th St. City Urban Realty sold…
2025 Single-Tenant Net Lease Sales Volumes & Cap Rates
Source: Northmarq, Real Capital Analytics The single-tenant net lease market faced headwinds in first quarter 2025, as transaction activity declined. Total sales volume for the period reached only $9.4 billion, marking a 30 percent contraction from fourth quarter 2024. With…
Lingerfelt JV Launches Richmond Project
Rendering of Building 1 at 7 Hills Distribution Center. Rendering courtesy of Lingerfelt. A joint venture between Lingerfelt and The Davis Cos. has purchased 95 acres of land in Richmond, Va., for the development of 7 Hills Distribution Center, a…
Top 5 Office Projects Under Construction in Manhattan
Manhattan’s under-construction office pipeline consisted of 4.6 million square feet of competitive space across 12 properties at the end of April, according to CommercialEdge data. This represents 0.9 percent of its existing stock—slightly above the national average of 0.7 percent….
GBI Special Report: Sustainable Energy for Data Centers, Communities
According to the Electric Power Research Institute, data centers could consume as much as 9 percent of the U.S. total electricity generation by 2030, as revealed during one of the more engaging sessions at Green Buildings Initiative’s data center-focused Better…
Creditor Takes Hit on Office-Backed CMBS Debt
In the latest loss to bedevil buyers of CMBS backed by a single commercial mortgage, investor Lord Abbett & Co. lost about $65 million when the loan associated with an office property was sold at a sizable discount to its…