Real Estate

Marta Schantz, Co-Executive Director of ULI’s Randall Lewis Center for Sustainability in Real Estate. Today is the 55th Earth Day!…

Stonepeak, a New York-based alternative investment firm, has acquired a three-building, 1.7 million-square-foot rail-served logistics portfolio in the Chicago market…

FUSE Workspace will open a new flex office and coworking location in Austin, at 2105 E. Martin Luther King Jr….

Building 2 of Rickenbacker Exchange at Commercial Point, which is fully leased to HanesBrands. Image courtesy of Colliers VanTrust Real…

Windsor Commerce Park is Lincoln Property Co.’s first development in Nevada. All images courtesy of Lincoln Property Co. Windsor Commerce…

Two separate buyers acquired the other two buildings at the 1.3 million-square-foot industrial campus. Image courtesy of Cushman & Wakefield…

Railinc will move more than 300 employees and contractors to 11000 Weston Parkway in early 2025. Image courtesy of JLL…

Levit Green’s Phase I totals 290,000 square feet. Image courtesy of Hines Hines and its partners 2ML Real Estate Interests…

Arcadia Cold Storage & Logistics plans to build two cold storage facilities in metropolitan Chicago and to begin construction on…

Richard Spore and Justin Starling As municipalities have explored additional sources of funding for promising commercial real estate development or…

280 Park Ave., which had a $1.075 billion loan maturity extended by two years. Image courtesy of CommercialEdge SL Green…

Rendering of the Bioforge Marshall plant, which is currently under construction. Image courtesy of Solugen Climate technology company Solugen has…

Westwood Center rises 22 stories in West Los Angeles. Image courtesy of CommercialEdge Flexible office provider Industrious has opened a…

The campus came online in two phases, between 1995 and 2001. Image courtesy of CommercialEdge IRA Capital has acquired a…

Stefanie R. Chamberlain, Kean W. Devine and Tommy Gossett. Attention spans are finite, especially when confronted with an exhaustively detailed…

ULI’s Spring Meeting took place in New York City. Image by Fotios Tsarouhis Check out below our coverage of the…

Hudson’s Site rises 681 feet in downtown Detroit. Image courtesy of Bedrock Bedrock has topped out The Tower of the…

Jun Ho Pok of IGIS Neovalue Asset Management, Kevin Davenport of Swire Properties and Megumi Brod of The Rockefeller Group…

The tower at 1133 Ave. of the Americas rises 45 stories in Manhattan’s Plaza District. Image by Vanni Archive Architectural…

Marketplace at Six Corners comprises two buildings on some 10 acres. Image courtesy of Mid-America Real Estate Corp. DRA Advisors…

Boynton Logistics Center features a total of 34 dock-high loading doors, 12 truck wells and four drive-in doors. Image courtesy…

Whitestone REIT has purchased Scottsdale Commons, a 69,482-square-foot shopping center in Scottsdale, Ariz. C&H Development sold the asset for $22.2 million,…

425 Park Ave. Image courtesy of Alan Schindler In one of the largest deals of its kind this year, L&L…

Peachtree Distribution Center features 66 dock-high loading doors, three drive-in doors and 50- by 60-foot bay spacing. Image courtesy of…

ULI’s Spring Meeting is being held in New York. Image by Fotios Tsarouhis The Urban Land Institute’s latest economic forecast,…

The gym and wellness center are on 915 Meeting St.’s fifth floor. Image courtesy of Federal Realty Investment Trust JOOLA…

Building 4A is the most recently delivered property within the 1,150-acre industrial park. Image courtesy of Stonemont Financial Group Stonemont…

The Phoenix office market maintained its position as one of the nation’s leaders in investment, with its active sales activity…

The 10-acre Tristar Business Park will feature two industrial building totaling 173,680 square feet. Image courtesy of Colliers A joint…

Peachtree Ridge is a 159,962-square-foot office building currently 64 percent leased. Image courtesy of Transwestern OA Development has signed a…

Mercado at Scottsdale Ranch comprises six buildings spread across 9 acres. Image courtesy of Newmark Mercado at Scottsdale Ranch, a…

Belleville Logistics, which will total 204,407 square feet upon completion. Image courtesy of PCCP LLC Lincoln Equities Group has closed…

Denton Exchange 35 will rise at the conflux of interstates 35 East and 35 West. Image courtesy of Stream Realty…

The SEC finalized its long-awaited Climate Disclosure Rules on March 6. On April 4, the agency agreed to hold off…

Brookfield Properties has broken ground on Camelback 303 Logistics Center, a 616,100-square-foot industrial development in Goodyear, Ariz. Each building at…

The April Digital Issue of CPE Is Now Available! From the Editor Feature. Image courtesy of Lawrence Group Trend. Image…

777 W. Putnam Ave. recently underwent a capital improvement program. Image courtesy of Newmark Flexible office provider Stark Office Suites…

This year’s largest SASB office CMBS loan was $475 million for Warner Bros. Studios in Burbank, Calif. Image courtesy of…

Lincoln Property Co. has obtained a $65 million loan for the refinancing of Wateridge, a 585,580-square-foot office and retail campus…

Despite facing hurdles such as elevated interest rates and persistent challenges with construction materials and labor shortages, the office sector…

WeWork is on track to complete restructuring and exit Chapter 11 bankruptcy protection by May 31, the company said today….

Over the past decades, the retail investment sector has undergone significant evolution, driven by economic downturns, technological advancements, e-commerce growth…

Construction Resources is opening a design center at the repurposed Westside Paper in Atlanta in 2025. Image courtesy of Westbridge…

The lobby at Tacoma Centre, a 200,000-square-foot office tower in Tacoma, Wash. Many of the building’s meeting and amenity spaces…

Source: PropertyShark, a Yardi Systems Inc. company Sale Price: $80,000,000 Madison Realty Capital acquired the Flushing Landmark Building, a 100,500-square-foot,…

Brennan Investment Group was recently involved in the acquisition of a 1.3 million-square-foot portfolio, as part of its expansion in…

Cooper Street Plaza in Arlington, Texas, a retail center that Silver Star Properties REIT sold in 2023. Image courtesy of…

Source: PropertyShark, a Yardi Systems Inc. company Source: PropertyShark, a Yardi Systems Inc. company Source: PropertyShark, a Yardi Systems Inc….

The Irwindale, Calif., facility that Rexford Industrial acquired last October for $120 million. Image courtesy of CommercialEdge The Irwindale, Calif.,…

A joint venture of Ryan Cos., and ESI Ventures has commenced construction on Surprise 34, a two-building industrial campus totaling…

Frayer Enterprises has sold Airport Square, a 187,252-square-foot shopping center in Toledo, Ohio. A private investor from Las Vegas acquired…

With conversions a growing trend today, transforming an old office building into a modern life science space that can cater…

Driven by nearly $49 billion in funding for new technologies like generative AI over the past three years, the San…

Office utilization and remote work rates vary among different markets, indicating that the impact on the office sector differs across…

Sunbelt Investment Holdings Inc. has broken ground on Buckeye Commons, a 410,000-square-foot retail center in Buckeye, Ariz. Buckeye Commons will…

The building features 16,105-square-foot average floorplates, a fitness center and some 10,500 square feet of retail space. Image courtesy of…

The Kelly-Springfield Building was converted to office in 2019. Image courtesy of Kidder Matthews The Kelly-Springfield Building was converted to…

Amazon has leased Building B at The Cubes at Glendale in Phoenix’ West Valley. Image courtesy of Cushman & Wakefield…

The six-story, 248,000-square foot Bravo Building will come online in mid-2025. Image courtesy of Shorenstein Properties LLC The six-story, 248,000-square…

The newly acquired Marketplace at Seminole Towne Center, anchored by a diverse array of tenants. Image courtesy of CTO Realty…

For those in CRE, does sustainability play a major role in doing business today? The CPE Executive Council shares their…

J. Wickham Zimmerman Water features are an integral part of many commercial properties, including retail centers, corporate campuses, and mixed-use…

Oak Forest Commons features a vacant space formerly occupied by Food 4 Less. Image courtesy of Mid-America Real Estate Corp….

The new owner plans to implement deferred maintenance programs throughout the entire portfolio. Image courtesy of CenterSquare Investment Management and…

Designed by Foster + Partners, The Star aims to attract Hollywood’s top content creators. Image courtesy of The Star LLC…

Today’s Federal Reserve Bank interest rate decision comes with little surprise: Benchmark rates are set to remain at a range…

Arundel Plaza comprises six buildings spread on some 24 acres. Image courtesy of JLL Capital Markets Arundel Plaza comprises six…

Marshalls is one of the tenants at Lake Worth Marketplace. Image courtesy of JLL Marshalls is one of the tenants…

SCHOTT expects to create around 400 permanent jobs once the Wilson manufacturing facility comes online. Image courtesy of SCHOTT Pharma…

Williams Equities uses a hierarchy of needs for evaluating older buildings on behalf of their clients, according to Managing Principal…

Upon completion, Torrey View will feature three life science buildings. Image courtesy of Breakthrough Properties Upon completion, Torrey View will…

Mark Rose, CEO of Avison Young. Image courtesy of Avison Young Mark Rose, CEO of Avison Young. Image courtesy of…

KPR Centers has purchased a 1.5 million-square-foot retail portfolio in Florida and the Midwest for $180 million. Kimco Realty Corp….

Rendering of the Medley project in Johns Creek, Ga. Image courtesy of Toro Development Co. Toro Development Co. is moving…

Upon completion, RITHM could encompass more than 7 million square feet of mixed-use space. Image courtesy of JLL and RD…

Radom Capital has received a $76 million loan for the refinancing of Montrose Collective, a 169,514-square-foot shopping center in Houston,…

The 13 facilities came online between 1987 and 1996 and measure 298,324 square feet. Image courtesy of Gantry The 13…

The facility at 1000 Coopertown Road is some 14 miles from the Port of Philadelphia. Image courtesy of RLS Logistics…

“The trend of retailers analyzing their store footprint and closing underperforming locations is quite common and is likely to continue…

Silicon Valley Bank’s new San Francisco office space at 222 Second St. Image courtesy of Silicon Valley Bank Silicon Valley…

The office campus will feature two 425,000-square-foot buildings. Image courtesy of Corgan The office campus will feature two 425,000-square-foot buildings….

After starting his career as an engineer, Josh Poag switched gears and went on to lead the family business. Photo…

The medical office building at 227 Centerville Road came online in 1998. Image courtesy of CommercialEdge The medical office building…

Most survey respondents believe that cap rates have peaked. Infographic courtesy of CBRE Most survey respondents believe that cap rates…

One of the medical office buildings in Franklin, Wis., acquired through the fund. Image courtesy of CommercialEdge One of the…

9 W. 57th St. rises 50 stories, spanning nearly 1.7 million square feet. Image courtesy of CommercialEdge 9 W. 57th…

The industrial property at 4800 Dahlia St. was last upgraded in 2021. Image courtesy of CommercialEdge The industrial property at…

2515 McKinney was previously known as Chateau Plaza. Image courtesy of CommercialEdge 2515 McKinney was previously known as Chateau Plaza….

PMAT has sold Downers Park Plaza, a 124,005-square-foot shopping center in Downers Grove, Ill. Broder & Sachse Real Estate purchased…

The Class A property at 2632 E. Chambers St. is within the Sky Harbor submarket. Image courtesy of Cushman &…

2PICW LLC has purchased Willow Oak Plaza, a 163,090-square-foot shopping center in Waynesboro, Va. Big V Property Group sold the…

Lisa Pendergast At the CREFC High-Yield, Distressed Assets, & Servicing Conference, there was talk of forbearance and refinancing risk. But…

Litex Industries is the sole tenant at 4400 Diplomacy Road. Image courtesy of Cushman & Wakefield Litex Industries is the…

Image by Nuthawut Somsuk/iStockphoto.com In this monthly series, Commercial Property Executive sits down with experts from commercial real estate service…

Jim Hamilton Investor demand for retail assets across the country is at an all-time high due to the segment’s exceptionally…

Rendering of Kilroy Realty’s 3 million-square-foot project . Image courtesy of Kilroy Realty Rendering of Kilroy Realty’s 3 million-square-foot project…

At the end of 2023, the Los Angeles metro still struggled with new office supply, while investment activity picked up…

Las Olas Centre I was completed in 1997 and is LEED Gold certified. Image courtesy of Stream Realty Partners Las…

An aerial view of the Johnson Space Center, with the undeveloped portion visible to the bottom-left. Image courtesy of NASA…

Menlo Equities upgraded the amenity package at 4807 Stonecroft Blvd. Image courtesy of Stream Realty Partners Menlo Equities upgraded the…

Josh Stoffregen-Foye, global head of media relations for CBRE Investment Management moderates a discussion between Richard Barkham, Shane Taylor, Larissa…

Diamond Hill Distribution features activatable rail spurs and rail doors. Image courtesy of Lovett Industrial Diamond Hill Distribution features activatable…

The 35,000-square-foot medical office building is less than 16 miles from downtown Richmond. Image courtesy of Montecito Medical The 35,000-square-foot…

Breana Wheeler Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we…

North River Leerink, a joint venture between North River Co., and Leerink Development, has landed a 76,000-square-foot lease at 100…

Barker Cypress Distribution Center came online in 2022. Image courtesy of Colliers Barker Cypress Distribution Center came online in 2022….

Marty Burger worked with Silverstein Properties for 14 years. Image courtesy of Silverstein Properties Marty Burger worked with Silverstein Properties…

Jessica Fiur, Editor-in-Chief Jessica Fiur, Editor-in-Chief Jessica Fiur, Editor-in-Chief I’m going to admit something here. Please don’t judge. I love…

Curt Holcomb of JLL sees clear new trends emerging as the market continues to change. Image courtesy of JLL Curt…

The overwhelmingly positive sentiments around commercial real estate investment from Seyfarth’s latest survey. Chart courtesy of Seyfarth Shaw LLP The…

Regency Centers’ President & CEO Lisa Palmer. Image courtesy of Regency Centers Regency Centers’ President & CEO Lisa Palmer. Image…

Commerce Square is in the heart of the I-70 East submarket, which accounts for more than 40 percent of the…

Office? Industrial? Data centers? When it comes to asset classes, CRE investors and developers have a a lot of options….

The Rise will include nearly 2 million square feet of office space. Image courtesy of Sand Hill Property Co. The…

Koll Cotton Center features 78,400 square feet of office space and more than 150,000 square feet of industrial space. Image…

The 812,425-square-foot facility features 82 dock-high loading doors and two drive-in doors. Image courtesy of JLL The 812,425-square-foot facility features…

The finished Harbor Logistics Center, which will be built at the site of a former office campus. Image courtesy of…

AXIAL Crosspoint consists of three industrial facilities totaling 558,000 square feet. Image courtesy of Crescent Communities AXIAL Crosspoint consists of…

Boyle Investment Co. has acquired The McEwen Building in Franklin, Tenn. Image courtesy of Boyle Investment Co. Boyle Investment Co….

One Grand Central Places went through an $85 million capex program in 2008. Image courtesy of Empire State Realty Trust…

Quartermaster Plaza came online in 2004 on some 44 acres. Image courtesy of JLL Capital Markets Quartermaster Plaza came online…

Over the last two years, interest rates headed in one direction: up. Back in January 2022, the Federal Funds Effective…

1180 Avenue of the Americas, home to Selfhelp Community Services’ new headquarters. Image courtesy of CommercialEdge 1180 Avenue of the…

Hans Nordby Volatility in financial markets, interest rate uncertainty and persistently high inflation dampened investor appetite for real estate in…

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

8726 U.S. Highway 42, located in Florence. The multi-specialty office is the largest in the portfolio. Image courtesy of CBRE…

The ongoing reshoring of U.S. manufacturing jobs will continue to drive industrial real estate development, according to a new report…

Potential bidders are eyeing WeWork and its footprint, which includes this 44,313-square-foot space at 250 E. 200 South in Salt…

The 1000 Imeson Park Blvd. facility is across the street from one of RoadOne’s existing operations in Jacksonville, Fla. Image courtesy…

One of the facilities that were part of Realterm’s $1.2 billion recapitalization of a national 61-asset IOS portfolio. Image courtesy…

The office buildings at 1000 and 1100 Dexter Ave. sold for $213 per square foot. Image courtesy of Sabal Investment…

Public has been anchoring Palm Plaza since the property’s completion. Image courtesy of Colliers Public has been anchoring Palm Plaza…

CentrePort 2 is a 2017-completed, Class A warehouse. Image courtesy of JLL CentrePort 2 is a 2017-completed, Class A warehouse….

Bob Knakal, former Chairman of New York investment sales at JLL. Image courtesy of Cushman & Wakefield Bob Knakal, former…

Located close to downtown, Edged Atlanta features 168 MW of critical capacity. Image courtesy of Edged Energy Edged Energy, an…

The industrial sector—which has been on a hot streak for several years—experienced a significant cooling-off in 2023. As we look…

Sunset Media Center is a Class A office building totaling 323,922 square feet. Image courtesy of CommercialEdge Sunset Media Center…

Completed in 2002, Brookside Shops is anchored by Trader Joe’s. Image courtesy of Institutional Property Advisors Completed in 2002, Brookside…

Designed by Gensler, The Iris will encompass 130,000 square feet. Image courtesy of JLL Designed by Gensler, The Iris will…

Williams Square comprises four buildings totaling some 1.4 million square feet. Image courtesy of Cushman & Wakefield Williams Square comprises…

9400 W. 55th St. came online in 2010. Image courtesy of Lee & Associates 9400 W. 55th St. came online…

First Interstate Properties has sold Shoreway Commerce Park, a 445,682-square-foot industrial campus in Cleveland. Caspian Group acquired the asset for…

25 Market Street is on the former site of a 90-year-old Marcal Paper warehouse. Image courtesy of Crow Holdings 25…

The tenant is relocating its headquarters at Valley Grove III’s top floor. Image by Grace Oldroyd, courtesy of St. John…

5 Times Square rises 37 stories in Midtown Manhattan. Image courtesy of CommercialEdge 5 Times Square rises 37 stories in…

Camille Renshaw has closed upward of $30 billion in deals, but she got her start in commercial real estate after…

An aerial rendering of Louisiana Green Fuels’ new plant, which will be serviced by a Union Pacific rail line. Image…

ESRT bought the asset in the same deal that involved the Empire State Building, in 2013. Image courtesy of Empire…

Primark is the sole tenant of this 550,000-square-foot warehouse. Image courtesy of Primark Clothing retailer Primark has continued its U.S….

Developers, owners and project sponsors are bracing for an economic downturn, and many of them are already pulling back from…

The four buildings in the portfolio, located in Boynton Beach, Fla., Elgin., Ill. and Phoenix. Images courtesy of JLL The…

Barsan Global Logistics is the sole tenant at Port 146. Image courtesy of Triten Real Estate Partners Barsan Global Logistics…

Macy’s Herald Square in New York City, the department store chain’s flagship location. Traditional department stores improved their performance in…

The three-story office building came online in 2008. Image courtesy of Mapletree The three-story office building came online in 2008….

Daikin Comfort Technologies fully occupies Great 290 Distribution Center. Image courtesy of Sealy & Co. Daikin Comfort Technologies fully occupies…

Great Hills Plaza is currently undergoing a full-building capital renovation. All images courtesy of Transwestern Real Estate Services Park Centre…

The property at 201 Freedom Drive in Roanoke, Texas, is one of Grainger’s facilities. Image courtesy of CommercialEdge The property…

After a decade of planning and approvals, Related Cos. is seeking to change the mix of uses at Related Santa…

CenterPoint’s property has access to rail, which was an essential criteria for the new tenant. Image courtesy of NAI Hiffman…

News about Artificial Intelligence has become inescapable over the last year thanks to ChatGPT and a wave of similar applications….

Lowes Foods is one of the anchor tenants at Oakbrook Station. Image courtesy of JLL Capital Markets Lowes Foods is…

The light industrial portfolio is situated within Atlanta’s Northlake Chamblee submarket. Image courtesy of JLL The light industrial portfolio is…

Collins Crossing is LEED Silver-certified. Image courtesy of CommercialEdge Collins Crossing is LEED Silver-certified. Image courtesy of CommercialEdge Collins Crossing…

For at least the first half of 2024, commercial real estate will continue to depend on alternative sources of funding….

SITE Centers Corp. has sold Marketplace at Highland Village, a 206,926-square-foot shopping center in Highland Village, Texas. Sterling Organization purchased…

IGP 95/Logistics Park is the first major industrial development to be built in the area. Image courtesy of Miller Construction…

The Cubes at French Lake is Minnesota’s largest speculative industrial development. Image courtesy of CRG The Cubes at French Lake…

Industrious at 3rd & Congress opened at 301 Congress Ave., PGIM’s 22-story Class A office building in Austin, Texas. Image…

The office sector will continue to face challenges in 2024, with slow increases in utilization rates and a shift toward…

Empire State Building underwent a $650 million capital improvement program. Image courtesy of Empire State Realty Trust Empire State Building…

Fisher Brothers renovated Park Avenue Plaza in 2015 and achieved LEED and WELL certifications. Image courtesy of CommercialEdge Fisher Brothers…

Northpath Investments has purchased Metro Shops, a 160,623-square-foot retail center in Hyattsville, Md. Washington Metropolitan Area Transit Authority sold the…

Uma Moriarity, Global ESG Lead, CenterSquareInvestment Management. For investors, an understanding of environmental, social and governance considerations has quickly gone…

Uma Moriarity, Global ESG Lead, CenterSquareInvestment Management. For investors, an understanding of environmental, social and governance considerations has quickly gone…

Totaling 202,000-square-foot, the former American Hotel Register location will be demolished. Image courtesy of CommercialEdge Totaling 202,000-square-foot, the former American…

Meta’s new data center in Jeffersonville, Ind., is scheduled to start operations in 2026. Image courtesy of Meta Platforms Meta…

A rendering of the future PowerHouse 95 Data Center. Image courtesy of PowerHouse Data Centers Less than one week after…

The real estate market will continue its tumultuous ride heading into 2024. Escalating business costs, weather-related catastrophes, high interest rates,…

The Westchester is part of the West Houston neighborhood. Image courtesy of JLL The Westchester is part of the West…

We’re ready to honor your achievements! The 2024 CPE Influence Awards recognize the commercial real estate industry’s most noteworthy properties,…

The City of San Francisco has signed a 98,000-square-foot lease with LB Stone Properties Group at 2177 Jerrold Ave., a…

Lisa Pendergast, Executive Director, CREFC. Image courtesy of CREFC Lisa Pendergast, Executive Director, CREFC. Image courtesy of CREFC Lisa Pendergast,…

Alterra IOS, a leader in the industrial outdoor storage sector, has acquired 17 properties in a sale-leaseback deal with TruGreen,…

Jeffrey DeBoer, Founding President & CEO of The Real Estate Roundtable, accepts the CPE Influence Awards’ inaugural lifetime achievement award…

The 330,000-square-foot 33 N. Dearborn St., together with the 540,000-square-foot One East Wacker, are currently undergoing capital improvements. Image courtesy…

Tesla will conduct regional distribution services from this Class A facility. Image courtesy of Greenville Area Development Corp. Tesla will…

Given its location, the Monroe Street portfolio got significant investor interest. Image courtesy of JLL Capital Markets Given its location,…

The property was previously owner occupied. Image courtesy of CommercialEdge The property was previously owner occupied. Image courtesy of CommercialEdge…

On Jan. 18th, Commercial Property Executive hosted its annual Influence Awards ceremony, which honored the year’s most notable developments, deals,…

Travelers Insurance has signed a lease with MacKenzie Cos. to occupy 65,214 square feet at 10 North Park in Hunt…

David Frosh In the course of 2023, economists and stock market analysts found themselves notably off the mark in their…

George Mitsanas One of the best markets for commercial mortgage bankers in modern history lasted for more than a decade…

Range Commercial Partners has been tapped to oversee the leasing efforts at Crosspointe Logistics Center. Image courtesy of Range Commercial…

One of the residential buildings that will be part of the 215-acre Wyld Oaks. Image courtesy of Evans Properties One…

381 Park Ave. S. comprises 228,000 square feet of space. Image courtesy of CommercialEdge 381 Park Ave. S. comprises 228,000…

DRA Advisors and Rising Realty Partners have purchased an industrial portfolio totaling 531,308 square feet in Tracy and Stockton, Calif….

The 2015-completed Canal Crossing Logistics Center is 5 miles from Phoenix Sky Harbor International Airport. Image courtesy of Cushman &…

Talavi Corporate Center underwent renovations in 2014. Image courtesy of Newmark. Talavi Corporate Center underwent renovations in 2014. Image courtesy…

The core aspect of the IOS business is an imbalance between supply and demand, according to Matthew Pfeiffer, Managing Partner…