Real Estate

Leasing has begun for 125 West 57th St. in Midtown Manhattan, a 260,000-square-foot tower with ground-floor retail and approximately 180,000…

The former owner planned to add two new warehouses to the Brunswick Industrial Campus. Image courtesy of JLL B&D Holdings…

Chevron Chairman & CEO Mike Wirth, who will relocate to Houston later this year. Joining the major corporations that have…

Veterans Memorial Business Park will comprise three spec industrial buildings. Image courtesy of Standard Real Estate Investments Investment & Development…

The August Digital Issue of CPE Is Now Available! From the Editor Feature. Image courtesy of Hines Trend Office. Image…

Midway Commerce Center encompasses three industrial facilities that came online earlier this year. Image courtesy of Creation Creation has sold…

The developers will break ground on Doral Marketplace this fall. Image courtesy of CBRE The joint venture of SJC Ventures…

Orion Real Estate Group has completed the nearly $50 million acquisition of a 12-property net lease retail portfolio comprising more…

Rents for prime office space now average 31.4 percent over those for Grade A offices in markets globally, according to…

The use of artificial intelligence has exploded, particularly in the real estate industry. However, there are still some issues with…

After two years of record industrial space deliveries, the development pipeline has slowed, the latest CommercialEdge report shows. The new…

Citigroup’s global headquarters in New York City has earned the WELL Platinum certification. The property, which measures 2.6 million square…

Source: Trepp The Trepp CMBS delinquency rate jumped back above 5 percent in June 2024. The increase is somewhat expected…

Source: Trepp The Trepp CMBS Special Servicing Rate ticked up slightly in June, rising 2 basis points to 8.23 percent….

Stos Partners has closed on the Stos Partners Fund I, which will have about $500 million in purchasing power. The…

TradeportEast-0726 Building D is located within Tradeport East in Midway, Ga., in the Savannah, Ga., industrial market. Photo courtesy of…

Marketplace at Buckhead, an Atlanta shopping center, is anchored by Kroger. Last fall, the asset traded hands and was acquired…

Pacific Corporate Center was completed in 1992. Image courtesy of Cushman & Wakefield Lincoln Property Co. has renewed a full-building…

The office tower rises 12 stories at 1150 Spring St. in Midtown. Image courtesy of Shorenstein Investment Advisers Shorenstein Investment…

The facility at 130-02 S. Conduit Ave. is the second modern multi-story warehouse to be built on U.S. soil. Prologis…

830 Brickell, which is set to open this fall. Image courtesy of OKO Group and Cain International OKO Group and…

ScanlanKemperBard, a Portland, Ore.,-based real estate investment and development firm, is expanding its Denver-area holdings with the acquisition of a…

Winstanley Enterprises will dub the property Mid-Hudson Logistics Center. Image courtesy of Winstanley Enterprises Winstanley Enterprises has acquired a 333,386-square-foot…

The 550,243-square-foot facility marks Primark’s second distribution center in the U.S. Image courtesy of JLL VanTrust Real Estate has sold…

Medical office tenants seek densely-populated markets, said Jason Muss, president of Muss Development. Across the nation, demand for medical office…

Catalyst Healthcare Real Estate and Heitman have formed a joint venture to develop $300 million in health-care properties nationwide, including…

A newly renovated Stater Bros. Markets anchors Marketplace del Rio. Image courtesy of CommercialEdge ROIC has sold Marketplace del Rio,…

114 Crosby St., also known as 580 Broadway, debuted in 1898. Image courtesy of CommercialEdge The joint venture between Chelsfield…

One Federal Street came online in 1976 and was completely renovated in 2011. Image courtesy of Tishman Speyer Tishman Speyer…

Gus Fontie As the 2024 Chairman of the Board for the MIAMI Association of REALTORS®, I am eager to discuss…

David Williams, Jason Armes and Michael J. Korolyk Commercial building owners in California face many challenges in today’s volatile market,…

Predictions on the stabilization of office vacancy. Chart courtesy of Avison Young Office market vacancy in the Southeastern U.S. is…

Completed in 1978, 120 Interstate NW features 32 dock-high loading doors and 22 drive-in doors. Image courtesy of JLL Albany…

US Capital Development sold Falcon Park 303 – Phase II, a brand new 326,018-square-foot Class A industrial building on over…

Federal Reserve Chair Jerome Powell, pictured at a 2023 FOMC press conference, has indicated he favors re-proposing Basel III Endgame….

Cedar Port Logistics Center Building II is rail-served and features 110 dock-high loading doors. Image courtesy of Capital Development Partners…

The groundbreaking event included speakers from Logistics Property Co. and FCL Builders, among others. Image courtesy of Logistics Property Co….

The Burbank Studios is situated in the heart of the “media capital of the world.” Image courtesy of Worthe Real…

Brewster Creek Business Park – 1452, a 260,075-square-foot industrial facility located in Bartlett, Ill. that Brookfield acquired as part of…

The 500 Denmark Drive property is within an Opportunity Zone. Image courtesy of CBRE Clarion Partners has purchased 500 Denmark…

9000 Wilshire Blvd. changed hands in January. Image courtesy of CommercialEdge In the first five months of 2024, Los Angeles’…

Sephora’s Midwest distribution center takes up the entirety of Avon Landings Commerce Park’s second phase. Image courtesy of VanTrust Real…

Stephen Ross, the founder & chairman of the Related Cos. LP., is stepping down after spending 52 years leading one…

The four-building campus is 70 already percent leased. Image courtesy of The Geis Development A joint venture between Geis Cos….

The one-story building at 19949 Kendall Drive. Image courtesy of CommercialEdge Overton Moore Properties has purchased 19949 Kendall Drive, a…

Tishman Speyer has formed a platform to originate commercial real estate loans tied to institutional-quality U.S. residential, industrial, life science,…

Dothan Warehouse expanded the USDA-certified facility in 2023. Image courtesy of Vertical Cold Storage Vertical Cold Storage will acquire its…

John Park was appointed president of W. P. Carey in 2018. Image courtesy of W.P. Carey W.P. Carey has announced…

Schaefer Logistics Center will come online by the end of next year. Image courtesy of Lovett Industrial Lovett Industrial has…

Matan Cos. has acquired 185 acres of land in New Kent County, Va., where it plans to build New Kent…

The Dallas-Fort Worth metroplex has become a key hub for the industrial sector, growing its inventory by an impressive 17.9…

The 707,010-square-foot distribution center features 131 dock-high loading doors, three drive-in doors and 190-foot truck courts. Image courtesy of CapRock…

Healthcare Realty Trust Inc. is expanding its existing joint venture relationship with Nuveen Real Estate (previously referred to as TIAA)…

Investor confidence is increasing in the Baltimore industrial market, where EQT Exeter has acquired a six-building industrial portfolio totaling nearly…

At industrial facilities like this one, properly preparing for and responding to natural disasters can save lives and avoid heavy…

Randy Blankstein Cap rates in the single-tenant net lease sector increased for the ninth consecutive quarter within all three sectors…

Valley View Business Park consists of five industrial buildings. Image courtesy of CommercialEdge The Roxborough Group, together with Bendetti, has…

The state of commercial real estate today does not resemble the years of the Global Financial Crisis for several reasons….

HBC’s U.S. headquarters at 225 Liberty St. in Manhattan, where the company occupies more than 230,000 square feet. Image courtesy…

Light industrial investors benefit from the reduced supply of capital because these properties generate high cash flow efficiency relative to…

The University of California at San Francisco is reportedly planning to develop a 284,800-square-foot research facility and outpatient treatment center…

Brixton Capital has purchased Polo Plaza, a 63,629-square-foot mixed-use property in Del Mar, Calif. ASB Capital Management sold the asset…

Google’s co-location system in Saint Ghislain, Belgium, features a data center and a solar facility to power it Photo courtesy…

Boston Properties wants to substantially increase the amount of new office space envisioned in the next phase of Reston Town…

The tower underwent two adaptive reuse developments. Image courtesy of Cushman & Wakefield Santander Consumer USA has renewed its 211,087-square-foot…

The 102-story skyscraper went through a $650 million renovation program in 2019. Image courtesy of Empire State Realty Trust Empire…

Angela Cain will take over as Global CEO of the Urban Land Institute in September. Image courtesy of CoreNet Global…

Lincoln renovated the 1971-built tower in 2017. Image courtesy of CommercialEdge A joint venture between Lincoln Property Co. and IMC…

EV charging has become a must-have amenity for apartment dwellers as well as commercial tenants. But the planning and placing…

The four-story property came online in 1990 and underwent cosmetic renovations in 2013. Image courtesy of Colliers Welltower has acquired…

Hyde Park Labs will come online at the end of the year. Image courtesy of Trammell Crow Co. Due to…

360 Lexington rises 24 stories in Manhattan’s neighborhood of Murray Hill. Image courtesy of CommercialEdge Savanna has signed a 15,379-square-foot…

Source: Mortgage Bankers Association Commercial mortgage delinquency rates continued to increase during the first three months of 2024. increase was…

Global Net Lease sold a portfolio of nine cold storage properties for $170 million at a 7.88 percent cash cap…

Data as of June 12, 2024 . Source: S&P Global Market Intelligence  As of June 12, 2024, publicly traded U.S….

The office building at 9 Times Square rises 20 stories. Image courtesy of CommercialEdge American Strategic Investment Co. has agreed…

Despite economic challenges hitting the office sector across the U.S. and a slow post-pandemic recovery, Boston posted the largest under-construction…

Jeffrey Kaplan, founder & managing partner of Meadow Partners. Image courtesy of Meadow Partners Meadow Partners’ sixth flagship fund has…

The facility also features dedicated tenant storage rooms adjacent to the loading dock. Image courtesy of The Davis Cos. The…

Owned by Kemper Development, Lincoln Square North Tower came online in 2005. Image courtesy of CommercialEdge Social media giant TikTok…

JPMorganChase is planning to double its downtown Miami office footprint at 1450 Brickell to 160,000 square feet, up from 80,000…

Downtown Austin, Texas. The problems facing some CBD office properties have overshadowed the commercial real estate narrative, according to experts…

(Left to right) Colin Cannata of CBRE, Kevin Kessinger of Trademark Property Co., and Eric Hudson of Method Architecture at…

The industrial property at 9865 N. Virginia St. in Reno is planned to comprise 180,000 square feet. Image courtesy of…

TREX, a Virginia-based composite decking company, has leased the entirety of a 324,000-square-foot warehouse-distribution building at the Mid-Atlantic 81 Logistics…

Buckeye Medical Plaza offers 48,000 square feet. Image courtesy of Hammes Hammes has opened Buckeye Medical Plaza, a 48,000-square-foot medical…

North Loop Green’s office tower (pictured on the right) provides views of the downtown Minneapolis skyline and Target Field. Image…

Northpond Partners has purchased Iroquois Center, a 108,412-square-foot value-add neighborhood center in Naperville, Ill. DRA Advisors sold the asset in…

Rockefeller Group and Stonebridge topped out the building at 600 Fifth St. last month. Photo courtesy of Clark Construction Fundamentals…

The eight-story Class A asset previously traded in 2022 for $23.5 million. Image courtesy of Institutional Property Advisors Dallas-based Novel…

Jonathan Hipp, Principal & Head of U.S. Net Lease Group, Avison Young. Image courtesy of Avison Young Recent U.S. economic…

Camp location at Westfield Century City in Los Angeles, one of the experiential retailer’s flagship experiences. Image courtesy of Camp…

Annie Malo is a real estate attorney in Holland & Knight’s Boston office. Image courtesy of Holland & Knight The…

Highland Commerce Center of Fort Myers, a 482,000-square-foot speculative industrial project in Fort Myers, Fla., has been completed. HSA Commercial…

Silvernail Plaza previously traded in 2001. Image courtesy of Mid-America Real Estate Corp. Essential Growth Properties has purchased Silvernail Plaza,…

Boston Properties overhauled the vintage 1913-built property. Image courtesy of CBRE Ziff Davis has signed a 23,038-square-foot lease at 360…

Image courtesy of TK Elevator TK Elevator, a global leader in mobility solutions, presents EOX, a revolutionary elevator system tailored…

Constellation 485 South marks the company’s eight development. Image courtesy of Constellation Real Estate Partners Constellation Real Estate Partners has…

The 210,000-square-foot facility was originally completed in 1973. Image courtesy of Woodmont Industrial Partners Woodmont Industrial Partners, together with Sagard…

3630 Peachtree comprises 438,901 square feet across 34 stories. Image courtesy of Stream Realty Partners Granite Properties has selected Stream…

Hilltop Plaza has a high performing national and credit tenancy. Image courtesy of Primestor Development Primestor Development has purchased Hilltop…

Stonemont Park 75 South will take shape on a 113-acre site. Image courtesy of JLL Capital Markets Stonemont Financial Group…

Summit Real Estate Group has closed on a 190-acre land acquisition for Wendell Commerce Center in Wendell, N.C., and in…

The push to enhance U.S. manufacturing, especially for semiconductors and clean energy technology, has spurred a construction boom, the latest…

In November, Andersen Corp. started construction on a 638,000-square-foot manufacturing and distribution facility in Locust Grove, Ga. Image courtesy of…

33815 Weyerhaeuser Way S. features 32-foot clear heights, two grade-level and 35 dock-high doors, along with a 130- to 185-foot…

After acquiring 16 acres, Sartorius broke ground on the Center of Excellence in Ann Arbor, Mich., in June 2022. Image…

Mira Mesa Market West Shopping Center came online in 2000. Image courtesy of Decron Properties Decron Properties has acquired Mira…

The logistics sector faces much-discussed challenges: shifting tenant needs, a decline in new product and a tough deal environment. But…

We spend up to 90 percent of our lives indoors and it’s important to understand the health implications of our…

The tenant roster at Colony Place features more than 50 stores and restaurants. Image courtesy of Newmark Knight Frank The…

NAREIT President & CEO Steven Wechsler. Image by Therese Fitzgerald During REITWeek, REIT executives get an opportunity to “cut through…

Lakeville Specialty Center broke ground in June 2022. Image courtesy of Davis Healthcare Real Estate Davis Healthcare Real Estate has…

Anyone who’s had to dodge lumbering Amazon trucks on their neighborhood streets probably won’t be surprised to learn that the…

The Meridian, now fully managed by Colliers Real Estate Management Services. Photo courtesy of Colliers Hertz Investment Group has appointed…

The portfolio also includes 2700 Summit Ave. and 2701 E. Plano Parkway. Image courtesy of Cushman & Wakefield DRA Advisors…

Diversified Healthcare Trust, of Newton, Mass., has closed a $120 million mortgage loan secured by eight properties within DHC’s medical…

Dermody announced the LogistiCenter at Interstate 80 Phase II in 2021. Image courtesy of Dermody Properties Daikin Industries has signed…

An affiliate of New York-based Mack Real Estate Group has won the rights to develop more than 2,300 acres of…

Great American Tower, which spans 350,049 square feet across 25 stories. Photo courtesy of CommercialEdge DPC Cos. has completed the…

400 Summer St., a 630,000-square-foot life science development in Boston’s Seaport district, has celebrated its formal opening as the new…

The June Digital Issue of CPE Is Now Available! From the Editor Feature. Image courtesy of Avison Young Distressed. Image…

Industrial projects continue to move forward, albeit at a more moderate pace. According to CommercialEdge data, approximately 401 million square…

W. P. Carey expects the redevelopment efforts to be completed by late 2025. Image courtesy of Newmark Persimmon Technologies, a…

Microgrid diagram. Courtesy of JLL In today’s energy-driven economy, microgrids play an increasingly critical role. These local self-contained electrical systems…

Source: Mortgage Bankers Association Commercial and multifamily mortgage loan originations were essentially unchanged in the first quarter of 2024 compared…

The 130,000-square-foot medical office building took shape on 1.7 acres. Image courtesy of Stockdale Capital Partners Stockdale Capital Partners has…

Data as of May 3, 2024. Source: S&P Global Market Intelligence  As of May 3, 2024, publicly traded U.S. equity…

Eli Lilly’s campus at LEAP Research and Innovation District in Lebanon, Ind., will include manufacturing facilities for antidiabetic and weight…

Source: PropertyShark, a Yardi Systems Company Sale Price: $25,000,000 A private investor purchased the 23,780-square-foot retail property in Queen’s neighborhood…

Another single tenant is using Building 2, which came online in 2021. Photo courtesy of CommercialEdge Janko Group has signed…

QTS Glendale will be constructed according to the firm’s Freedom standard design. Image courtesy of QTS Realty Trust QTS Realty…

The almost 1.4 million-square-foot facility features 136 dock-high loading doors, 141 trailer stalls and around 500 car parking spots. Image…

A rendering of Park Algodon. Image courtesy of Creation and Clarion Partners A joint venture of Creation and Clarion Partners…

East Bay Logistics will use the space for the distribution of coffee, sugar and cocoa products for California markets. Image…

The 1961-completed building underwent major renovations in 2008. Image courtesy of Waterman Interests Waterman Interests has entered a partnership with…

The anticipated wave of office distress hasn’t fully materialized, but the latest CommercialEdge office report indicates many markets are at…

It’s an election year, but that isn’t the only thing coming out of D.C. those in commercial real estate should…

Will Frame Susan Bloomfield and Ross Ford Whether or not artificial intelligence will make sweeping changes to the brokerage industry…

There have been many adaptations to mixed-use developments in recent years as societal and economic trends are ever evolving, said…

Greenfield 27 consists of three Class A industrial facilities. Image courtesy of Cushman & Wakefield Wigeon Capital has sold Greenfield…

The 1.6 million-square-foot distribution center features 120 dock-high loading doors and three drive-in doors. Image courtesy of Cushman & Wakefield…

Orr Road Business Center will include two buildings. Image courtesy of Lovett Industrial Lovett Industrial has broken ground on Orr…

The data center industry is capital-intensive, and liquidity is as critical to supply chains as technologies such as generators and…

Nicco Lupo Institutional capital flows (or lack thereof) have been a quiet driver for a dislocated transaction market during the…

Rockefeller Group Logistics Center at Carneys Point will consist of two Class A industrial facilities. Image courtesy of Rockefeller Group…

Managing cold storage facilities, such as this one operated by BLT, calls for heightened attention to maintenance. Photo courtesy of…

The survey’s Composite Sentiment Index Scores, at the highest average in two years. Chart courtesy of NAIOP A majority of…

SL Industrial Partners broke ground on Interstate Crossroads Logistics Center in 2021. Image courtesy of CBRE In its first South…

Park Center’s fourth phase will feature a 175-key hotel, 300 residential units, 22,000 square feet of retail and 300,000 square…

The 216-acre property also features an ancillary warehouse, distribution center, office space and cafeterias, as well as a showroom. Image…

The 3351 E. Philadelphia St. property in Ontario, Calif., is a food-grade warehouse completed in 1998. Image courtesy of CommercialEdge…

BSN Medical Distribution Facility was originally built in 2001 and upgraded in 2009. Image courtesy of JLL Diamond Properties has…

Jonathan Hipp Commercial real estate has been in tight circumstances since interest rates started jumping more than a year ago….

Another sector is turning a corner. Life science demand was up 6.3 percent across the U.S. in the first quarter….

A new survey from JLL examines, among other issues, the struggle for tech talent, how companies are working to optimize…

Urban District 35 consists of four Class A buildings ranging between 77,830 and 134,887 square feet. Image courtesy of Urban…

Forward-looking indicators favor prime and alternative assets, according to Parsons. Image courtesy of RICS Commercial real estate sentiment across the…

5355 Medpace Way will be demolished and replaced by a nine-story office tower. Photo courtesy of CommercialEdge Medpace, a publicly…

With 17.6 percent of multifamily properties built before 1959, many require costly renovations to retain tenants and maintain market appeal. …

A total of 18 tenants lease space across the eight buildings, the portfolio being 91 percent occupied at the time…

The tower rises in South End close to a plethora of dining facilities. Image courtesy of Stiles The joint venture…

Cummins Inc., a Columbus, Ind.,-based global power solutions company, has leased a 1.1 million-square-foot recently built Class A building at…

Supply chain issues from 2021-2022 have eased, but recent incidents in Baltimore and the Panama Canal underline ongoing challenges, according…

AZ Development-owned 111 Bain St. houses one of the two coworking locations. Image courtesy of CommercialEdge THRIVE | Coworking has…

What does the second half of the year hold for CRE? At a time of mixed signals from the economy…

The outpatient facility was fully occupied at the time of the sale. Image courtesy of Anchor Health Properties Anchor Health…

The Shops at Fairway Village. Image by Design Collective, courtesy of MCB Real Estate A joint venture between MCB Real…

The 220,380-square-foot property features 14 dock-high loading doors and 11 drive-in doors, as well as 130-foot truck courts. Image courtesy…

Gayton Crossing is in one of the most densely populated areas in Henrico County. Image courtesy of Continental Realty Corp….

Engaging with tenants about sustainability and energy efficiency is becoming a key priority in the commercial real estate sector, reflecting…

It’s probably not you. Cellular coverage and Wi-Fi in office buildings are in high demand, and that could be impacting…

The 410 has nearly 35,000 square feet of spec suites ready for immediate occupancy. Image courtesy of Cress Capital Cress…

The other day, I had a discussion with leaders from one of our clients, and we had a good laugh…

Offices have evolved into much more than cubicles and coffee machines. Today, owners, and designers are pushing the envelope on…

Jessica Fiur, Editor-in-Chief I used to be so jealous of my brother. He works in tech—app development, to be exact….

The I-215 Interchange, in Las Vegas, Nev. Image courtesy of Cushman & Wakefield Building E, The Cubes at Glendale, in…

1899 L St. NW. The new owner plans to further renovate the building’s amenities and infrastructure. Image courtesy of Stream…

The Cochrane Technology Center, now the largest development of its kind in Silicon Valley. Photo courtesy of Trammell Crow Co….

Dalfen Industrial’s purchase in Hayward, Calif. Image courtesy of Dalfen Industrial Dalfen Industrial has acquired five industrial outdoor storage sites…

The May Digital Issue of CPE Is Now Available! From the Editor Feature. Image courtesy of Current Real Estate Advisors….

Nearly three decades after the advent of online shopping, the post-pandemic work landscape has accelerated long-underway changes in retail. Responding…

Canyon Industrial Center. Image courtesy of BKM Capital Partners READ THE DIGEST !function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var t in a.data[“datawrapper-height”])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var…

Building One of Goodman Commerce Center Long Beach, being built at the site of a former Boeing C-17 factory. Image…

Source: PropertyShark, a Yardi Systems Inc. company Sale Price: $23,113,670 The 67,197-square-foot retail property changed hands in a bankruptcy auction…

AI is everywhere nowadays. But do you know how you can incorporate it into your commercial real estate business? The…

Developers broke ground on the 140,000-square-foot manufacturing facility in 2022. Image courtesy of Hughes Network Systems Hughes Network System, an…

The building at 1520 First Ave. rises 30 stories or 449 feet. Rendering courtesy of Lendlease The joint venture of…

Wilks Development is set to break ground this month on the $550 million first phase of Firefly Park, a 242-acre…

Lionstone Investments has sold Muse Shops at Midtown, a 112,162-square-foot value-add retail center located in Dallas. Morgan Stanley purchased the…

EQT Exeter will rebrand the 641,906-square-foot facility as I-10 Gateway. Image courtesy of Cushman & Wakefield EQT Exeter has acquired…

Perkins + Will designed the 368,258-square-foot Science Square Labs. Image courtesy of Trammell Crow Co. Trammell Crow Co., in partnership…

Echo Park 303 is a 40-acre, two-building industrial campus within the Loop 303 corridor. Image courtesy of LGE Design Build…

Chicago’s industrial market had a strong start this year, recording the largest sales volume across Midwestern markets and the second-largest…

GTIS aims to complete the industrial asset by early 2025. Image by Alliance Architects, courtesy of Stream Realty Partners GTIS…

New Jersey’s industrial sector is experiencing significant growth, fueled by e-commerce demand and increased port activity. However, the market saw…

860 Broadway used to be one of Andy Warhol’s studios. Image courtesy of CommercialEdge Flexible office space provider Industrious has…

Greystar has completed Gateway Grand Phase I, a 1 million-square-foot industrial development in Mesa, Ariz. Situated in a Foreign Trade…

Lew Sichelman The repo man is finding more work in the commercial real estate industry, two recent reports show. Commercial…

The Coca-Cola Co. and its fairlife dairy products subsidiary have broken ground on a 745,000-square-foot production facility near Rochester, N.Y….