Real Estate

Manhattan’s under-construction office pipeline consisted of 4.6 million square feet of competitive space across 12 properties at the end of…

Meridian Cool Springs is a four-story Class A office building at 3000 Meridian Blvd, in Franklin, Tenn. Image courtesy of…

Source: PropertyShark. a Yardi Systems Company Sale Price: $60 million The property at 95 N. 6th St. swapped in a…

Source: Northmarq, Real Capital Analytics The single-tenant net lease market faced headwinds in first quarter 2025, as transaction activity declined….

Rendering of Building 1 at 7 Hills Distribution Center. Rendering courtesy of Lingerfelt. A joint venture between Lingerfelt and The…

The $5 billion joint venture between Blue Owl Capital managed funds, Chirisa Technology Parks and PowerHouse Data Centers has reached…

According to the Electric Power Research Institute, data centers could consume as much as 9 percent of the U.S. total…

In the latest loss to bedevil buyers of CMBS backed by a single commercial mortgage, investor Lord Abbett & Co….

During Green Buildings Initiative’s Better Buildings Seminar, a panel examined the design and construction of a data center in Reno,…

New Jersey’s industrial sector continued to experience robust demand in the first quarter of this year, driven by the strong…

Crow Holdings Development has signed a 250,369-square-foot, long-term industrial lease in Ontario, Calif., with CTK USA, the U.S. subsidiary of…

Source: Mortgage Bankers Association Total commercial real estate mortgage borrowing and lending is estimated to have totaled $498 billion in…

With roughly 12.5 million square feet of industrial space underway, representing 4.2 percent of total stock, Memphis’s construction activity in…

Atlanta’s office sector ended the first quarter with a mixed bag for fundamentals. However, the market surpassed some of its…

The industrial property at 2938 Brown Road has 72 loading docks and 300 parking spaces. Image courtesy of OpenPath Industrial…

Crusoe uses modular data centers for cloud computing. Image courtesy of Crusoe A joint venture of Blue Owl Capital, Crusoe…

MSI’s new property also features a private yard comprising 60 trailer and 56 auto parking spaces. Image courtesy of CBRE…

WeWork’s pet-friendly flex office at Southeast Financial Center features several communal work areas. Image courtesy of WeWork WeWork has opened…

This 640,000-square-foot property located in Akron, Ohio, serves as Goodyear’s headquarters. Image courtesy of Goodyear Goodyear will sell the majority…

Review Avenue Complex rises six stories in the Borden Innovation District. Image courtesy of Innovo Property Group Innovo Property Group…

EdgeCore’s Mesa campus will encompass 3.1 million square feet at full build-out. Image courtesy of EdgeCore Digital Infrastructure EdgeCore Digital…

The four-story Burlington BioCenter was converted to lab and research space in 2019. Image courtesy of CommercialEdge Northeastern University has…

PEBB Enterprises and Banyan Development sold their first retail project within the master-planned Tradition community in Port St. Lucie, Fla….

The 47-story 1177 Avenue of the Americas rises in Midtown Manhattan. Image courtesy of Silverstein Properties Silverstein Properties has secured…

1450 Frazee, now Axis 1450, features floorplates ranging from 2,000 to 20,000 square feet. Image courtesy of HP Investors In…

Metro Columbus’ industrial vacancy dropped quarter-over-quarter to 8.7 percent as of March. Image courtesy of Newmark HOMAGE has agreed to…

What does the second half of the year hold for CRE? Where will you find opportunity? And what are the…

Blue Owl sees a generational market opportunity in data centers, said Co-President & Global Head of Real Assets Marc Zahr….

Provident Industrial is launching construction on a planned four-building industrial park totaling 740,404 square feet in the North Houston submarket,…

MacArthur Park is another retail property in EDENS’ portfolio. Image courtesy of CBRE Investment Management EDENS has expanded its South…

Grand Bay Plaza, a grocery-anchored shopping center in Fort Myers, Fla. Image courtesy of JLL Capital Markets. JLL Capital Markets…

The 313,952-square-foot Mission Rock Building B features 23,719 square feet of retail space. Image courtesy of CommercialEdge Crypto giant Coinbase…

Offices at Turtle Creek Village. Image of CommercialEdge CIM Group has sold Turtle Creek Village, a mixed-use development in the…

Hollywood Park Studios will rise on 12 acres and include five soundstages and 80,000 square feet of support office space….

Industrial outdoor storage development at the Sunshine Industrial Park in Clearwater, Fla. Image courtesy of Zenith IOS. Zenith IOS and…

The Columbus Center is a 14-story Class A office building at 1 Alhambra Plaza in Coral Gables, Fla. Image courtesy…

Jason Baker Located at the southernmost tip of Texas, the Rio Grande Valley lies on the northern bank of the…

Aerial view of the company’s U.S. headquarters in South San Francisco. Image courtesy of Roche Group Genetech has unveiled plans…

Savills new office location in D.C. will be at 600 13th St. NW. Image courtesy of CommercialEdge. Savills is relocating…

Bradford Allen Investment Advisors has acquired One Clearlake, an 18-story, 221,661-square-foot Class A office tower in downtown West Palm Beach,…

The workspaces at the train stations will be able to accommodate team meetings, as well as individual work. All images…

Bain Capital also teamed up with Staley Point Capital for an industrial acquisition. The partnership paid $20 million for this…

Walmart Inc. has acquired a more than 1 million-square-foot Class A distribution center on nearly 60 acres in Salt Lake…

The 42-story office building at 800 5th Ave. went through multiple cosmetic renovations, including lobby upgrades and common area improvements….

Despite short-term uncertainty caused by shifting tariffs, e-commerce continues to be a powerful force, shaping industrial real estate demand, the…

Invesco Commercial Real Estate Finance Trust, a REIT that specializes in owning and trading loans secured primarily by North American…

45 Crosby Drive in Bedford Mass. Image courtesy of CommercialEdge. A joint venture between Bain Capital’s Real Estate team and…

CRG has broken ground on the first building at The Cubes at Sparta Pike, a 198-acre industrial park in Lebanon,…

Federal Reserve chair Jerome Powell discusses the central bank’s latest decision on interest rates at a May 7 press briefing,…

Palmetto Central comprises two renovated buildings rising four and five stories. Image courtesy of Grover Corlew Grover Corlew has obtained…

Exterior photo of echo, a mixed-use office building in West Palm Beach, Fla. Photo courtesy of JLL. Morning Calm Management…

Completed in 2006, the three-building Arboretum at Cox Road is less than 20 miles from downtown Charlotte, N.C. Image courtesy…

RFR acquired 522 Fifth Ave. in 2020, for $350 million. Image courtesy of CommercialEdge Amazon has bought a struggling Midtown…

Private wealth investors have become a remarkable source in global commercial real estate, with more than $600 billion put into…

Illustration by Filo/iStockphoto.com As of early spring, thousands of jobs had been eliminated at several major health agencies. How much these…

Capital markets firms Metropolis Capital Advisors and AMA Financial merged their boutique companies to form a national commercial mortgage brokerage…

The Malin’s Washington, D.C., location will feature 20,400 square feet of office space across two floors. Image courtesy of TF…

Thompson Thrift broke ground late last month on The Gilmore, a 35-acre mixed-use development in the Phoenix suburb of Gilbert,…

Dossche Holdings developed buildings II & IV at the Greenpoint Industrial Park for light manufacturing and warehouse use. Image courtesy…

1100 Banyan in West Palm Beach, Fla. Image courtesy of JLL In a $40 million deal, The E.W. Scripps Co….

CPE May 2025 Issues From the Editor Feature. Rendering of Industrious Lever House coworking space, which will be adjacent to…

Vantive will lease nearly 700,000 square feet at the Corporate 500 campus in Deerfield, Ill. Vantive, a spinoff of Baxter…

Arbor Lakes Business Park in Maple Grove, Minn. Image courtesy of PCCP. PCCP LLC and Endeavor Development are launching the…

Construction began on two of the project’s 14 buildings. Image courtesy of The Hollingsworth Cos. The Hollingsworth Cos. has broken…

The new headquarters of Grover Biopharma is at 400 N. Aberdeen St. Image courtesy of Trammell Crow Co. Grove Biopharma…

Currently, The Wharf megadevelopment hosts more than 300 concert and other events yearly. Photos by Patrick Revord, courtesy of Hoffman…

Completed in 2004, the distribution center is roughly 13 miles from downtown Greenville. Image courtesy of Atlanta Property Group Atlanta…

Completed in 1978, the one-story facility was most recently renovated in 2013. Image courtesy of CommercialEdge PSAI Realty Partners has…

What a difference a quarter makes. Following a record high of 126.6 at the end of the fourth quarter, the…

The wave of distress forecasted since the pandemic is now taking shape, particularly in large urban office properties facing weakened…

Synergy’s new high-rise, 99 High Street in Boston, was completed in 1971 and had some $24 million in capital improvements…

Source: S&P Global Market Intelligence As of April 7, publicly traded U.S. equity REITs posted a one-year average dividend yield…

Source: Mortgage Bankers Association Commercial mortgage delinquencies increased in the fourth quarter of 2024, according to the Mortgage Bankers Association’s…

Prologis invested $646 million in new industrial developments during this year’s first quarter. Image courtesy of Prologis Prologis and Broadstone…

Source: PropertyShark, a Yardi Systems Company Sale Price: $27.5 million Nonprofit organization Christian Advocates Serving Evangelism has sold the 9,765-square-foot…

PNK Group is using a proprietary modular method in bringing PNK Ashton Park online. The company utilizes standardized large-block components…

Source: PropertyShark, a Yardi Systems Company Sale Price: $161.3 million Barings took over the 557,735-square-foot office mid-rise property in Midtown…

Also known as Continental Center, the skyscraper at 180 Maiden Lane rises 41 stories. Image courtesy of CommercialEdge Picchio International…

285 Madison Ave. in Midtown Manhattan. Image courtesy of Ocean West Capital Partners RFR Realty has handed ownership of 285…

Westgate II is located at 17320 Katy Freeway, less than 5 miles west of McDermott’s headquarters. Image courtesy of CommercialEdge…

88 Kearny St. in San Francisco has been purchased for $74.5 million. Photo courtesy of LendingClub Corp. Financial services company…

Houston’s office sector remained stable in 2024, with the metro being the only U.S. market to have more than 1…

The office building at 701 Ninth St. NW is also known as Edison Place. Image courtesy of Pepco Holdings Exelon…

The 24-story building underwent a full-scale renovation and façade restoration in 2016. Image courtesy of Newmark Meirowitz & Wasserberg LLP…

Rendering of Gilbert Spectrum’s Building 3, that will include 119,222 square feet of office space upon completion. Image courtesy of…

Empire State Building is originally built in 1931 and rises 102 stories. Image courtesy of Empire State Realty Trust Workday,…

Walmart has opened a major new distribution center in Jacksonville, Fla., that will serve the retailer as a hub for…

Edgehill Village, a nearly 60,000-square-foot mixed-use property located near Music Row in Nashville, has changed hands for $50 million. Edgehill…

2411 Dulles Corner Park in Herndon, Va. Image courtesy of Finmarc Management Virginia software company DLT Solutions has extended its…

The LEED Gold-certified building initially served as a retail destination but was converted into office space in 1980. Image courtesy…

The three-story building on Rodeo Drive features 71,812 square feet of office space. Image courtesy of CommercialEdge Industrious is planning…

From left to right, top to bottom: Julie Ingersoll, Ben Reinberg, Jonathan Leiner, Yao Morin. Photos courtesy of CBRE, Alliance…

CIP Real Estate has acquired Imeson Commerce Center, a recently completed 422,136-square-foot Class A distribution center in Jacksonville, Fla. JLL…

Life science companies’ long-term outlook remains strong, according to Colliers’ latest research. More treatments are under examination, pharmaceutical spending remains…

Sight Logistics Park rose on the site of Insight Enterprises’ former headquarters. Image courtesy of JLL ViaWest Group has sold…

Arbor and Freddie Mac understood the crucial role of affordable and market-rate rental housing and the fragmented nature of its…

“The CRE community has many means of helping, including extensive networks and resources that can significantly impact Parkinson’s awareness and…

Office development in Austin retained strong momentum at the beginning of this year, which highlighted the metro’s resilience. The market…

Amazon may be looking to ramp up its U.S. logistics real estate holdings again in a big way. The e-commerce…

The former office headquarters and product development center of Nikola Corp. sold in a bankruptcy auction. Image courtesy of CommercialEdge…

The three-story medical office building is within 15 miles of downtown Los Angeles. Image courtesy of JLL UCLA Health has…

The Fort Worth city council has voted to provide tax incentives for a Spanish developer planning a five-building, two-phase data…

REIT executives reacted to tariffs and other questions. (L to R): Seth Weintrob of Morgan Stanley, Owen Thomas of Boston…

Eton Industrial Park’s buildings debuted in the 1970s. Image courtesy of Turnbridge Equities Turnbridge Equities has purchased Eton Industrial Park,…

Views of the industrial space that Lightstone acquired in North Carolina from LM Real Estate Partners. Image courtesy of JLL Capital…

Completed in 2008, the Coral Gables office building rises 15 stories at 2701 S. Le Jeune Road. Image courtesy of…

Phase I will consist of three facilities ranging from 80,745 square feet to 130,865 square feet. Image courtesy of JLL…

Christopher Wimmer, Senior Director of U.S. & Canada Corporates, Commercial Real Estate, Fitch Ratings. Image courtesy of Fitch Ratings The…

Independence Square in Dallas. Image courtesy of JLL Head Capital Partners has sold Independence Square, a 140,218-square-foot shopping center in…

DSV’s U.S. footprint also includes a leased warehouse at 300 Salt Meadow Road in Carteret, N.J. Image courtesy of Crow…

Office Depot is one of the tenants at Cave Springs Shopping Center. Image courtesy of Marcus & Millichap Hutensky Capital…

Build-out costs for office space are the most expensive in New York City, with other U.S. markets also relatively expensive…

ATLAS Exchange’s facilities will range between 40,000 and 100,000 square feet. Rendering courtesy of ATLAS Capital Partners ATLAS Capital Partners…

PGIM is also developing the Equinix SV12x data center in San Jose, Calif., in partnership with Equinix. Image courtesy of…

Arden Logistics Parks has refinanced five multi-tenant industrial parks in three states with a total of 11 buildings spanning more…

A partnership led by Braun Enterprises has acquired 3040 Post Oak Blvd., a 426,000-square-foot Class A office building in Houston’s…

Copper Point is at 3530 S. Val Vista Drive in Gilbert, Ariz. Image courtesy of Transwestern Investment Group Transwestern Investment…

The 1601 Vine office building came online in 2017 and went through renovations last year. Image courtesy of CommercialEdge Kingsbarn…

Britton Burdette and Bobby Norwood It’s a good day in industrial. In a turbulent, volatile market, the stock in trade…

Arcadia Jacksonville features 50-foot clear heights and 32 dock-high doors. Image courtesy of JLL Manulife Investment Management, alongside Harel Insurance…

Good-bye Big Apple, hello Sunshine City. Footwear and apparel retailer Foot Locker Inc. has signed a long-term lease for 110,998…

Consumers’ quest for lower prices has helped drive discount retailers into expansion mode in 2025, according to Northmarq’s top 100…

Geller & Co., a financial services and strategic advisory firm, is relocating its headquarters to 99 Park Ave. in Midtown…

The nine-story office building at 750 Ninth St. NW dates back to 1909. Image courtesy of CommercialEdge Rockwood Capital has…

The portfolio is spread across seven metropolitan areas. Image courtesy of Clarion Partners Outour Storage Investments and affiliates of Cerberus…

Related Cos. has launched Related Digital, a data center construction and investment platform with a near-term $45 billion development pipeline. Related…

1211 Sixth Ave. in Midtown Manhattan. Image courtesy of CommercialEdge The next few months could be challenging for the owners…

Word of mouth? Job sites? Career fairs? What are some of the best ways to market open positions in the…

Month-over-month office foot traffic decline percentages. Source: Placer.ai While headlines trumpeting an imminent return to traditional office life fueled by corporate mandates…

Values shown are average by property type. As of March 14, 2025. Source: S&P Global Market Intelligence As of March…

The 161,437-square-foot Celebration Office Center consists of two two-story buildings across 12 acres. Image courtesy of JLL Florida-based TMT Properties…

Source: PropertyShark, a Yardi Systems company Sale Price: $27 million Premier Equities has purchased the 13,242-square-foot retail property in downtown…

United Airlines has broken ground on a 140,000-square-foot ground service equipment maintenance facility at George Bush Intercontinental Airport in Houston,…

The commercial real estate industry values and celebrates how people and purpose make work happen, according to Wiley. Image courtesy…

The 19-story tower is the tallest building at the 90-acre Granite Park campus. Image courtesy of Granite Properties Simpson Strong-Tie…

Source: CommercialEdge, a Yardi Systems Company Industrial construction starts saw a dramatic slowdown at the beginning of 2025, with sharp…

Rendering of 2700 York Road, which will include two drive-in doors and 124 parking spots. Image courtesy of Logistics Property…

Numbers in billions. Source: MBA Total commercial and multifamily mortgage borrowing and lending is expected to rise to $583 billion…

Goodman LAX01 Vernon will comprise 250,000 square feet across three stories. Image courtesy of Goodman Group Goodman Group has started…

Seven in 10 U.S. investors said they intend to buy more commercial real estate this year than they did in…

Tishman Speyer constructed The Wheeler on top of a historic Art Deco building. Image courtesy of Tishman Speyer Tishman Speyer…

Newcastle Partners, a San Francisco-based real estate investment and development company, has secured $27.5 million in construction financing to build…

MSC Industrial Supply owned and occupied the facility prior to Würth’s acquisition. Image courtesy of CommercialEdge Würth Industry North America…

SoCo Harbor consists of four two-story office buildings that underwent cosmetic renovations in 2018. Image courtesy of CommercialEdge Pacshore Partners…

The 1 million-square-foot Americas Tower is LEED Silver certified. Image courtesy of Silverstein Properties Global specialty insurance organization H.W. Kaufman…

Mercer Island architect Megan McKay joined JA almost two decades ago and became partner in 2017. Image by AVGoodsell, courtesy…

Fed Chair Jerome Powell speaks at the March 19 press conference. Screenshot by Gabriel Frank The Federal Reserve Open Markets…

The future Wayfair store is scheduled to open in 2026. Image courtesy of Wayfair Inc. Boston-based Wayfair Inc. has signed…

The 11-story Bayport Plaza is connected to the adjacent building serving as a 444-room hotel. Image courtesy of Stream Realty…

Left to right: Chris Papa of Jackson Lucas and Doug Miller of Swift Bunny. Images courtesy of Jackson Lucas and…

The renovated space features a natural color palette combining earth tones, wood, black and brass. Image courtesy of Carr Workplaces…

James Nelson, Head of U.S. Investment Sales, Avison Young. Image courtesy of Avison Young Avison Young has established a U.S….

Park Valley View is an industrial project that PNK Group is developing in Jessup, Pa. Image courtesy of PNK Group…

Tamares Group has secured a four-year extension on the $505 million debt at its 1500 Broadway office tower in Manhattan’s…

Texas Tower came online in 2021 and features a conference center, coworking area and multiple outdoor terraces. Image courtesy of…

Falcon Commerce Center will come online in two phases and will have rear-load and cross-dock configurations. Image courtesy of JLL…

The U.S. Department of Justice building was one of the assets on the General Services Administration’s initial list of property…

The industrial development will be on a 22.5-acre lot, close to Interstate 4. Image courtesy of Altman Logistics Properties A…

Completed in 2001, the industrial building features 24-foot clear heights, eight drive-in doors and an ample truck court.. Image courtesy…

The demand for smaller format retail at neighborhood shopping centers has withstood the ‘stress test’ of a global pandemic and…

The RWJUH Ambulatory Medical Pavilion is adjacent to the Robert Wood Johnson University Hospital campus. Image courtesy of AST AST…

Despite often being overshadowed by the modern facilities built during the development surge of the past few years, Class B…

Savills North America announced an association agreement with Caribbean Real Estate Services, a leading Puerto Rico-based tenant advisory firm. Janet…

Built in 1949, the building at 980 Madison Ave., in Upper East Side, changed ownership in June. Image courtesy of…

The facility is close to Interstate 77 and includes two exist ramps, with a third one under construction. Image courtesy…

For the first time, Northern Virginia is not the preeminent location for data center absorption, according to a new report…

The joint venture of A.M. Property Group and Northeast Capital Group has obtained $133 million for the refinancing of The…

Penzance has acquired Gateway & Linden, a six-building industrial portfolio totaling 212,086 square feet in Manassas, Va. A partnership owned…

Basis Investment Group and Lion Creek Real Estate Capital have formed a partnership called BIG Lion. Under the terms of…

Lincoln Logistics Rockland includes 36-foot clear heights, ample column spacing and a built-to-suit office component. Image courtesy of Lincoln Equities…

Blackstone President & COO Jonathan Gray. Last month the company took Retail Opportunity Investment Corp. private. Photo courtesy of Blackstone…

Lehi Spectrum consists of a first five-story building at 1650 W. Digital Drive that serves as Podium’s headquarters, and a…

Brookfield’s Michael Daschle speaking at NYU Schack’s Annual Conference on Sustainable Real Estate. Also pictured (L to R): National Grid’s…

Garan Inc. has signed a full-floor lease to expand its corporate headquarters at 99 Park Ave., a Class A, 600,000-square-foot…

Aerial view of data centers in Ashburn, Va. Photo by Gerville/iStock Over the last decade, state and local governments have…

Advance Auto Parts Tower rises 20 stories in Raleigh’s North Hills submarket. Image courtesy of CommercialEdge Highwoods Properties Inc. has…

Medical outpatient buildings are poised for double-digit growth, according to JLL’s latest research. A surge in outpatient demand, spurred by…

Goucher College near Baltimore has struck a unique deal with The Whiting-Turner Contracting Co., a construction management firm that will…

RSM Plaza includes two 20-story buildings and was last upgraded in 2018. Image courtesy of Transwestern Real Estate Services Golub…

Completions in the office sector in 2024 totaled 43.2 million square feet, the lowest annual total since 2013. The reduction…

Inwood Design Center’s 14 buildings debuted between 1961 and 1978. Image courtesy of M2G Ventures M2G Ventures has purchased Inwood…

Washington Square will undergo another transformation, its new owner planning to revitalize the entire property. Image courtesy of Brixton Capital…

To start with some of the big numbers, the early January fires in the Los Angeles region—the most damaging ones…

Office sale prices continued to decline in 2024, according to the latest CommercialEdge report, reflecting ongoing uncertainty in the sector…

Source: Trepp The Trepp CMBS Special Servicing Rate pulled back 2 basis points to 9.87 percent in January 2025. This…

The March Issue of CPE Is Now Available! Jessica Fiur, Editor-in-Chief Feature. Image by Ron Blunt Photography Office. Image courtesy…

Source: Trepp The Trepp CMBS Delinquency retreated slightly in January 2025, with the overall delinquency rate decreasing 1 basis point…

MDH Partners has acquired a portfolio of two industrial properties in Las Vegas. The acquisition represents the Atlanta-based company’s first…

Echo Park 303’s Building A includes 56 dock-high doors and two grade-level doors. Image courtesy of Cushman & Wakefield LBA…

Affinius Capital LLC has originated an $82.3 million loan to finance the development of Eastport Logistics Park, a master-planned four-building,…

Proptech is constantly improving. But with so many options, how do you know what is worth the investment? The CPE…

Prologis has assigned to Colliers South Florida the leasing of its Prologis Miami International Tradeport, a 10-building, 1.7 million-square-foot master-planned…

Marc Rowan, Co-founder & CEO of Apollo Global Management. Image courtesy of Apollo Global Management Apollo has entered into a…

600 Third Ave. is a 42-story Midtown East office tower. Image courtesy of L&L Holding Co. Aaronson Rappaport Feinstein &…

Red Mountain Group Inc. has purchased Century Square, a 415,613-square-foot shopping center in West Mifflin. This marks the company’s first acquisition…

Riverside University Health System and health-care real estate developer PMB have topped off their $580 million, 450,000-square-foot project in Mead…

Josh Stoffregen-Foye, CBRE Investment Management’s global head of media relations moderates the discussion between Wei Luo, Bernie McNamara, Robert Shaw,…

TPG Angelo Gordon also formed a joint venture with Cypress West to purchase MOB assets. Last month, the duo bought…

Originally built as a school in 1942, Rampart Medical Campus comprises two three-story buildings. Image courtesy of Echo Real Estate…

American Real Estate Partners has closed its fourth real estate GP fund, AREP Strategic Opportunity Fund IV at $309 million…