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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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,…

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…

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…

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…

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…

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…

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…

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.…

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 address a financing gap in the industrial sector, including a…

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…

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 Ave. and an adjacent building at 11 E. 44th St.…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

The September Issue of CPE Is Now Available! From the Editor Featured. Rendering courtesy of KTGY Investment. Image by narvo vexar/iStockphoto.com 200 Amsterdam’s many setbacks create terraces with sweeping views of Central Park, the Hudson River and the city skyline. Image courtesy of SJP Properties Economist’s View. Image by sesame/iStockphoto.com…

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…

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…

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 through July, meaning they traded for a lower price that…

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…

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 and Machine Investment Group to build and maintain the CoreWeave…

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 the three-year, floating-rate note in a deal arranged by JLL…

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…

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 plants totaling 1.1…

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…

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…

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…

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…

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…

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…

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 in a transaction brokered by JLL. This was the property’s…

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…

Times Square West comprises two buildings rising 13 and six stories. Image courtesy of Yardi Research Data Xin Capital has acquired Times Square West, a two-building, 144,500-square-foot office and retail property in Manhattan. The property changed hands for $62 million, Crain’s New York Business reported. White Oak Real Estate Capital…

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…

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…

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…

Visits to the offices nationwide continued their upward trajectory in July, Placer.ai reports, noting that two bellwether markets, New York City and Miami, have effectively returned to levels of visits last seen just before the pandemic. In July 2025, New York City’s office visits came in 1.3 percent above July…

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.…

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…

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…

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…

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…

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…

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…

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…

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 Ratings report. The CMBS mortgage is backed by a 20-property,…

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…

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…

RXR purchased 470 Vanderbilt Ave. for $194.5 million in 2014. Image courtesy of Yardi Matrix Lincoln Property Group and global mid-sized asset management platform Cross Oceans Partners have acquired the leasehold interest of 470 Vanderbilt Ave., a 650,000-square-foot office building in New York City. RXR Realty previously owned the property,…

Completed in 1979, the office building at 300 Jericho Quadrangle underwent a cosmetic renovation in 2017. Image courtesy of Yardi Research Data Esquire Financial Holdings has signed a new 50,000-square-foot lease in Jericho, N.Y. The 274,648-square-foot office building is owned by TPG, according to Yardi Research Data. Sabre Real Estate…

Sterling Logistics Properties has purchased a 127,380-square-foot former Walmart store at 40580 Albrae St. in Fremont, Calif., for $32.6 million. The acquisition was made on behalf of Sterling Consumer Logistics Properties I LP, a $225 million equity fund. Rendering of Sterling Logistics Properties’ 40580 Albrae St. warehouse redevelopment in Fremont,…

Kelvin Tetz and Mike Kamienski A recent real estate market economic update webinar hosted by Baker Tilly painted a complex picture for real estate investors, developers and industry professionals. Here are our key takeaways from the informative session featuring Ken Rosen of Rosen Consulting Group. Real estate in the U.S.…

Vertex Pharmaceuticals inked the biggest commercial lease in Boston at the time to occupy the 1.1 million-square-foot campus. Image courtesy of Vertex Pharmaceuticals A joint venture managed by The RMR Group has secured a $1 billion refinancing loan for a 1.1 million-square-foot life science and office campus in Boston that…

The portfolio includes the two-building data center campus at 45761 Maries Road in Sterling, Va. Image courtesy of Yardi Research Data Blackstone has secured a $550 million CMBS refinancing loan backed by a 10-property, 1.7 million-square-foot data center collection spread across Northern Virginia, according to a Morningstar DBRS report. Boasting…

Outside of the IOS sector, Brennan invests in the traditional industrial market as well. Last year, it purchased this 17-building portfolio in DuPage County, Ill. Image courtesy of Brennan Investment Group Barings has formed a joint venture with Brennan Investment Group to deploy $150 million across industrial outdoor storage investments…

Clockwise: Julie Whelan, CBRE’s Global Head of Occupier Research; Lenny Beaudoin, Executive Managing Director, Global Workplace Design and Occupancy; Manish Kashyap, Global President, Leasing, Advisory Services; Jamie Hodari, CEO of Building Operations & Chief Commercial Officer during a pre-release media briefing. Finding the perfect balance between in-office and at-home work…

As leasing slows, many facilities focus on optimizing existing space and streamlining operations amid shifting trade conditions. Image by Tiero/iStockphoto.com The U.S. industrial market is recalibrating following an unprecedented wave of development and shifting trade dynamics. According to Yardi Matrix’s July 2025 report, the sector is seeing elevated vacancy rates,…

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…

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…

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…

Greenlaw Partners and Walton Street Capital purchased the property in 2015 for $106 million. Image courtesy of JLL. Behar Gibbs Savage Paulson, a civil defense litigation firm, has renewed its 35,754-square-foot lease in Long Beach, Calif. The firm will continue to occupy the top two floors at One World Trade…

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…

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…

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…

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…

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…

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…

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…

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,…

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…

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…

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…

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…

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…

PENN 2 rises 31 stories in Midtown Manhattan. Image courtesy of Vornado Realty Trust Verizon will relocate its New York City headquarters next year to 203,000 square feet at PENN 2, Vornado Realty Trust’s recently redeveloped 1.6 million-square-foot, 31-story office tower in Midtown Manhattan. Under the 19-year deal, Verizon will…

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…

Speedway Logistics will comprise two cross-dock facilities with 36-foot clear heights. Image courtesy of Trammell Crow Co. Trammell Crow Co. and Barings have broken ground on a two-building, 804,283-square-foot industrial development in Socorro, Texas, about 17 miles from downtown El Paso. The speculative Class A project, called Speedway Logistics, is…

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…

Work has started on a Whole Foods Market at The Mix, a 112-acre community in Frisco, Texas, a north suburb of Dallas-Fort Worth, which is being developed by New York-based JVP Development. The first phase of The Mix broke ground in January. Whole Foods Market’s first store in Frisco, Texas,…

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…

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…

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…

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…

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…

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…

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…

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…

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 Drive in Sacramento, Calif., one of the 12 industrial outdoor…

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…

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…

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…

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…

The office building at at 838 Broadway rises six stories in Greenwich Village. Image courtesy of ZG Capital Hilton Hotels & Resorts has signed a full-floor, 13,619-square-foot lease at 838 Broadway, an office building owned by ZG Capital Partners in Manhattan. JLL brokered the 10-year deal. ZG purchased the six-story…

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…

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…

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…

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,…

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,…

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…

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…

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 return-to-office trends from April to May was noteworthy,” R.J. Hottovy,…

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…

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…

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…

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…

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…

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,…

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…

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…

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,…

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 second in the state. Completion is slated for the second…

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…

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…

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 Data. Office investment during the first five months of the…

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,…

“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, the slowdown in new construction deliveries, coupled with sustained demand—…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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, CEO & Partner of Related Cos. Image courtesy of Related…

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…

Chandler Integrated Care Campus will be the result of an office-to-medical-office conversion. Image courtesy of ViaWest Group HonorHealth has signed a 50,000-square-foot medical office lease at Chandler Integrated Care Campus, an 187,000-square-foot office conversion project underway in Chandler, Ariz. ViaWest Group owns the property and a JLL team is in…

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…

Completed in 2016, the Brickell City Centre mall consists of four-story buildings across three city blocks. Image courtesy of Yardi research data Simon Property Group Inc. has acquired the remaining interest in the 500,000-square-foot retail and parking component of Brickell City Centre in Miami. Swire Properties Inc. sold the majority…

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.…

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…

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…

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…

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…

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…

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…

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 half of 2025: interest rates, tariffs, geopolitics, potential recession. There…

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…

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…

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…

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…

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,…

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…

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. The full-building transaction spans more than 300,000 square feet, making…

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…

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…

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,…

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…

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,…

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…

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…

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…

Trammell Crow Co. and clients advised by MetLife Investment Management have completed three speculative warehouse buildings totaling 2.3 million square feet near the Port of Savannah in Georgia. The Class A properties represent the initial phase of Coastal Trade Center, a six-building, 4.7 million-square-foot industrial center in Rincon, Ga. The…

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,…

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…

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…

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. High Street Logistics sold the portfolio, after having had acquired…

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 issued the note that replaces a $15.6 million, fixed-rate loan…

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,…

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…

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…

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…

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…

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…

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…

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…

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,…

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…

The four-building Tech Corners campus came online between 2001 and 2014. Image courtesy of Newmark The e-commerce division of Walmart has inked a 338,307-square-foot lease at Tech Corners, a 957,204-square-foot office campus in Sunnyvale, Calif. The lease is the largest one in Silicon Valley in about two years, according 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…

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…

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…

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…

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.…

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…

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.…