Real Estate

RJK Picks Up Boston Office Building

The 1989-built property includes 32,397-square-foot floor plates and 511 parking spots. Image courtesy of Newmark R.J. Kelly Co. has purchased

Real Estate

Argosy JV Obtains $34M Refi for Sacramento MOB

SixSixty was built in 1984 and fully renovated in 2020. Image courtesy of JLL. A joint venture between Revitate’s opportunity

Real Estate

Bit Digital to Build 200 MW Data Center in N.C.

The textile plant at 805 Island Drive in Madison, N.C. will be retrofitted into Bit Digital’s data center campus. Image

Real Estate

Brokerage office renewal trends – Commercial Property Executive

Data courtesy of CPE survey, Commercial Property Executive compiled the 2025 list of the top 20 commercial real estate brokerage firms. Overall,

Real Estate

Loan Servicing Insights for a Market In Flux

Sara Litton Commercial real estate finance and loan servicing is having an outsize relevancy in the current market cycle due

Real Estate

Forecasting In a Time of Uncertainty

Ryan Severino Periods of economic uncertainty can unsettle even the most experienced commercial real estate investors. And we’ve faced no

Real Estate

Growing AI Firm Signs New HQ Lease in Manhattan

AI platform AlphaSense is relocating its global headquarters to Manhattan’s 441 Ninth Ave., also known as Hudson Commons. The property’s

Real Estate

Nuveen Creates 1031 Exchange Platform

Nuveen has launched a 1031 real estate exchange platform that will offer property sellers the opportunity to convert proceeds from

Real Estate

Seattle Office Sales Stumble, Pipeline Dwindles

After a strong 2024, Seattle’s office sector stumbled out of the gate in 2025, with sales and completions trailing most

Real Estate

Investment Matters: 3650-Degree View of CRE Finance

Taking stock of the real estate capital markets is a tall order right now. At this volatile moment, it’s invaluable

Real Estate

Top 5 Office Projects Under Construction in Manhattan

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

Real Estate

Top 5 NYC Retail Building Sales—April 2025

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

Real Estate

2025 Single-Tenant Net Lease Sales Volumes & Cap Rates

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

Real Estate

Lingerfelt JV Launches Richmond Project

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

Real Estate

Nashville Office Sector Slows Down

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

Real Estate

GBI Special Report: Sustainable Energy for Data Centers, Communities

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

Real Estate

The June Digital Issue of CPE Is Now Available!

The June Issue of CPE Is Now Available! From the Editor Feature. Image by Sachchakorn Wongchaiya/iStockphoto.com Ranking. Image by miniseries/iStockphoto.com

Real Estate

GBI Special Report: Leveraging Frameworks, Navigating Risks

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

Real Estate

CPE Executive Council: How Will Tariffs Affect Capital Expenditure?

Tariffs have been on everyone’s minds recently. And while the amounts keep changing, it is important for those in CRE

Real Estate

Mani Brothers Secures $125M for LA Office Asset

The 16-story office property at 9000 W. Sunset Blvd. is the tallest building on the Sunset Strip. Image courtesy of

Real Estate

Crow Holdings Signs 250 KSF Tenant at Inland Empire Project

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

Real Estate

Memphis Industrial Development Outshines Most US Markets

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

Real Estate

U.S. Law Firm Leasing Surges in Q1

Law firm leasing of office space accelerated last year and into the first quarter of 2025, according to Savills’ U.S. Law

Real Estate

OpenPath Acquires East Texas Industrial Property

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

Real Estate

Blue Owl JV Lands $7.1B for Data Center Project

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

Real Estate

Innovo Tops Out Multistory Industrial Project

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

Real Estate

Blackstone Unit Sells Los Angeles Asset for $65M

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

Real Estate

Goodyear to Sell Part of Chemical Business for $650M

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

Real Estate

WeWork Opens Miami Location – Commercial Property Executive

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

Real Estate

Howard Hughes Buys Houston-Area Building

Howard Hughes Holdings Inc. has acquired 10101 Woodloch Forest Drive, a 202,601-square-foot, eight-story Class A office building in The Woodlands,

Real Estate

3.1 MSF Data Center Project Moves Forward Near Phoenix

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

Real Estate

PEBB Enterprises JV Sells Southern Florida Retail Center

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

Real Estate

McCraney Lands $84M for 1 MSF Campus

The trio features gray tube steel columns, joists and girders. Image courtesy of JLL McCraney Property Co. has secured $84

Real Estate

HP Investors, Realm Buy San Diego Office

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

Real Estate

AMD Sells Manufacturing Business for $3B

One of ZT Systems’ properties is a manufacturing facility at 101 Velocity Drive at NorthPark 35 in Georgetown, Texas. Image

Real Estate

2025 Midyear Outlook: Recalibrating Your Strategy

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

Real Estate

JMB Realty Inks HQ Renewal in Houston

The office tower at 1001 Fannin St. rises 49 stories. Image courtesy of CommercialEdge JMB Realty has signed a renewal

Real Estate

GID Inks 150 KSF Atlanta Lease

Upon completion, High Street will include Class A office space, two hotels, shopping, dining, fitness and entertainment destinations, as well

Real Estate

Libitzky Pays $29M for Phoenix-Area Industrial Asset

Libitzky Property Cos.’ newly acquired building is within the Phelan Pecos Center industrial park. Image courtesy of Cushman & Wakefield

Real Estate

Provident Launches Houston Industrial Park

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

Real Estate

Coinbase Eyes 150 KSF San Francisco HQ

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

Real Estate

Lombardi Properties JV Sells Fort Myers Shopping Center

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

Real Estate

EDENS Buys Miami Retail Center for $51M

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

Real Estate

CIM Group Sells Dallas Mixed-Use Center

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

Real Estate

Rams Owner, Wilson Meany Eye Los Angeles Production Studio

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

Real Estate

Zenith JV Delivers Tampa Bay Property

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

Real Estate

Miami Office Prices Remain Elevated as Development Levels Off

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

Real Estate

Why the Rio Grande Valley’s a Fast-Growing Retail Hub

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

Real Estate

ULI Special Report: Sustainability Meets Profitability

Craig Halpern of the IMA Corp. moderates the panel discussion with Jill Sherman of Edlen & Co., Redbrick LMD’s Sohael

Real Estate

Savills Relocates DC Office – Commercial Property Executive

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

Real Estate

JEMB Realty Inks 55 KSF in Manhattan

The iconic Herald Towers rises 25 stories near Empire State Building. Image courtesy of JEMB Realty Old Navy has leased

Real Estate

Industrious, Brightline to Launch On-The-Go Workspaces

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

Real Estate

Blackstone Sells New Jersey Industrial Portfolio for $208M

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

Real Estate

Walmart Buys 1 MSF Distribution Center in Salt Lake City

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

Real Estate

Casey Family Eyes 79 KSF Seattle HQ

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

Real Estate

Industrial Report: E-Commerce Drives Industrial Demand Growth

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

Real Estate

Invesco REIT Closes $1.2B CLO

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

Real Estate

Bain Capital JV Plans Biomanufacturing Conversion

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

Real Estate

CRG Breaks Ground on Nashville Industrial Park

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

Real Estate

Interest Rates Stay Untouched – Commercial Property Executive

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

Real Estate

Holder Properties JV Lands $71M for Atlanta-Area Project

The developers of Coal Mountain Industrial Park will deliver the three buildings in separate phases. Image courtesy of JLL Holder

Real Estate

Morning Calm Sells Mixed-Use Asset for $46M

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

Real Estate

Behind Pershing Square’s $900M Acquisition of Howard Hughes

Howard Hughes purchased 9950 Woodloch Forest Drive, a Class A office building in The Woodlands, Texas, in 2019 and subsequently

Real Estate

CRE’s New Money Movers – Commercial Property Executive

Private wealth has become a remarkable source of capital on the global commercial real estate scene, with more than $600

Real Estate

Amazon Buys Troubled Midtown Manhattan Asset From RFR

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

Real Estate

Life Science Development’s Guarded Prognosis

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

Real Estate

Metropolis Capital, AMA Financial Merge Into New Entity

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

Real Estate

Thompson Thrift Breaks Ground on $225M Phoenix-Area Project

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

Real Estate

Dossche Holdings Sells 2 in Atlanta for $117M

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

Real Estate

Related Ross JV Buys West Palm Beach Asset for $40M

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

Real Estate

The Malin to Open 1st D.C. Location

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

Real Estate

The May Digital Issue of CPE Is Now Available!

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

Real Estate

CPE Executive Council: What are the Biggest Regulatory Hurdles in Developing New Properties

There are many challenges related to developing a new property, especially when it comes to navigating regulatory hurdles. This month

Real Estate

PCCP JV Launches Metro Minneapolis Project Expansion

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

Real Estate

How Tariffs Impact Retail Foot Traffic

Retail shopping foot traffic hasn’t just recovered, it’s accelerating, according to recent data for April from pass_by. The ongoing news

Real Estate

Trammell Crow Lands Life Science Tenant in Chicago

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

Real Estate

High Office Vacancy Persists Across U.S.

Source: CommercialEdge, a Yardi Systems Company As of March, the national office vacancy rate posted a year-over-year increase of 1.7

Real Estate

Atlanta Property Group Enters South Carolina Market

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

Real Estate

2025 New Orders – Commercial Property Executive

Source: U.S. Census Bureau As of February, new orders declined by an average of 0.3 percent year-over-year, totaling $1.9 million,

Real Estate

Sentiment Takes Deep Hit Amid Policy Turbulence: CREFC

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

Real Estate

Office Report: Urban Office Distress Deepens

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

Real Estate

Nuveen Sells Boston High-Rise for $227M

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

Real Estate

2025 REIT Dividend Yields – Commercial Property Executive

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

Real Estate

Mortgage Delinquency Rates Increased in Q4 2024

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

Real Estate

Prologis, Broadstone to Develop $78M Build-to-Suit Project

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

Real Estate

Top 5 NYC Retail Building Sales—March 2025

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

Real Estate

2025 Employment Picture – Commercial Property Executive

Source: Bureau of Labor Statistics From February 2024 to February 2025, the total number of jobs increased by 2,229,000, marking

Real Estate

Top 5 NYC Office Building Sales—March 2025

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

Real Estate

Blackstone, DivcoWest Buy San Francisco Tower

Completed in 2000, the 25-story building is within the city’s South Financial District. Image courtesy of CommercialEdge In the largest

Real Estate

Korean Lenders Foreclose on RFR Office Building

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

Real Estate

Houston Office Sector Off to a Slow Start

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

Real Estate

LendingClub Buys SF Building for New HQ

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

Real Estate

Most Popular Return-to-Office Policies Surprise Experts

More firms are setting stricter in-office expectations, including minimum in-office requirements, with larger companies leading the shift. As of early

Real Estate

Law Firm Expands Manhattan Footprint

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

Real Estate

Phoenix Office Market Shows Sluggish Activity

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

Real Estate

Energy Firm Leases 40 KSF in Salt Lake City

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

Real Estate

AI Firm Grows Footprint at Empire State Building

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

Real Estate

Nashville Mixed-Use Commands $50M – Commercial Property Executive

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

Real Estate

Walmart Debuts Florida Distribution Center

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

Real Estate

Finmarc Management Lands Renewal at NoVa Building

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

Real Estate

ESRT Inks 77 KSF Renewal at Manhattan Tower

The skyscraper came online in 1920 and includes 26,000 square feet of first-floor retail space. Image courtesy of CommercialEdge Empire

Real Estate

4 Insights on Responding to the Era of Uncertainty

George Mitsanas The first thing I encouraged my team and clients to remember after the initial shock of the tariffs

Real Estate

Cardinal Equities Signs Beverly Hills Tenant

The three-story building at 8200 Wilshire Blvd. has floor-to-ceiling windows. Image courtesy of NAI Capital Commercial The Marshell Group has

Real Estate

CIP Real Estate Pays $54M for Jacksonville Asset

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

Real Estate

G3 Enterprises Picks Up Chicago Industrial Asset

The warehouse at 6220 W. 73rd St. features ample vehicle and trailer parking. Image courtesy of CommercialEdge G3 Enterprises has

Real Estate

How Top Freddie Mac Small Balance Loan Lenders Add Value

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

Real Estate

Blackstone Snaps Up 6 MSF Industrial Portfolio for $718M

In January, Blackstone sold a 21-building industrial portfolio totaling 2.1 million square feet across five major markets, including the facility

Real Estate

Austin’s Office Market Ranked Second for Development

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

Real Estate

Report: Amazon Plans $15B Warehouse Expansion

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

Real Estate

$2B Data Center Project Moves Forward in Fort Worth

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

Real Estate

Lucid Drives Off With Phoenix Facilities in Auction Win

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

Real Estate

UCLA Health Renews Medical Office Lease

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

Real Estate

CRE Leader on Parkinson’s Awareness, Support

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

Real Estate

NYU REIT Symposium Special Report: 6 Takeaways

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

Real Estate

Lightstone Buys North Carolina Industrial Portfolio

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

Real Estate

Turnbridge Turns to SoCal for Industrial Investment

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

Real Estate

Phoenix Warehouse Slated for IOS Repositioning

Unbound Development plans to implement capital improvements at the vacant warehouse. Image courtesy of Cushman & Wakefield Unbound Development has

Real Estate

McCraney Gets $26M for Tampa Industrial Project

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

Real Estate

Himmel + Meringoff Recaps, Refis NYC Office Building

Delaware Life provided a $93 million first mortgage for the 521 West 57th St. mixed-use building in Manhattan. Image courtesy

Real Estate

Head Capital Sells Suburban Dallas Retail Center

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

Real Estate

Creation JV to Develop 451 KSF Project in Fort Worth

Upon completion, MC820 Logistics will benefit from a newly improved city right-of-way passage. Rendering courtesy of Creation Equity Creation Equity,

Real Estate

St. Louis Power Center Changes Hands

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

Real Estate

These Markets Top the List for Office Fit-Out Costs

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

Real Estate

PGIM Closes $2B Global Fund

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

Real Estate

MetLife Sells Houston Office Asset

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

Real Estate

Ares Lines Up $99M Portfolio Refi

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

Real Estate

ATLAS JV Eyes Phoenix Industrial Project

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

Real Estate

Transwestern Investment Group Buys Phoenix MOB for $36M

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

Real Estate

Industrial Report: Tariffs Fuel Uncertainty Within Sector

Rising trade uncertainty and new tariffs are set to have a significant impact on the industrial sector, according to the

Real Estate

Industrial’s Uneven Playing Field – Commercial Property Executive

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

Real Estate

Catalyst IOS Sells, Recaps $164M Portfolio

In separate transactions, Catalyst Investment Partners has sold and recapitalized two IOS portfolios totaling 18 properties with a state pension

Real Estate

Foot Locker Relocates Global HQ

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

Real Estate

Global Holdings Signs HQ Deal in Manhattan

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

Real Estate

OrthoIndy Lands $45M for Indianapolis MOB

OrthoIndy South came online in 2010 less than 13 miles from downtown Indianapolis. Image courtesy of CommercialEdge OrthoIndy has obtained

Real Estate

2025 Commercial REIT Dividend Yields

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

Real Estate

Cerberus JV Lands Financing for 2.3 MSF IOS Portfolio

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

Real Estate

Related Cos. Launches Data Center Development Arm

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

Real Estate

Fox to Exit 330 KSF at Manhattan Trophy Tower

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

Real Estate

CPE Executive Council: Best Practices to Advertise and Market Open CRE Positions

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

Real Estate

Placer.ai Office Index—February 2025 Recap

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

Real Estate

SkyREM Lands Long-Term Lease Renewal in Atlanta

Kittrich LLC has signed a long-term lease renewal with SkyREM at 5070 Phillip Lee Drive, a 400,800-square-foot in-fill industrial property

Real Estate

Wakefern Food to Open 4th Staten Island ShopRite

The retail space where ShopRite is scheduled to open was formerly occupied by a SuperFresh supermarket. Image courtesy of Levin

Real Estate

United Airlines Kicks Off $177M Project in Houston

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

Real Estate

Sealy Continues Midwestern Buying Spree

NorthPoint One features 32-foot clear heights, two drive-in doors and 36 dock-high doors. Image courtesy of Sealy & Co. Sealy

Real Estate

CoreNet Global’s CEO on Navigating DEI Strategy

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

Real Estate

Granite Properties Signs Tenant at DFW Campus

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

Real Estate

Stonemont Sells Tampa-Area Facility – Commercial Property Executive

Building 400 has 36-foot clear heights, four grade-level doors and 95 dock-high doors. Image courtesy of Stonemont Financial Group Stonemont

Real Estate

Logistics Property Co. to Build Warehouse Next to Chicago O’Hare

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

Real Estate

Pacshore Partners Sells Orange County Office Asset

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

Real Estate

Goodman Group Breaks Ground on LA Data Center Project

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

Real Estate

What CRE Investors Want to Buy in 2025

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

Real Estate

Tishman Speyer Secures 150 KSF Brooklyn Tenant

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

Real Estate

Newcastle Partners Plans Inland Empire Project

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

Real Estate

Columbus Industrial Asset Trades for $32M

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

Real Estate

Trammell Crow to Develop 1 MSF Maryland Project

Trammell Crow Co. will develop a 1 million-square-foot industrial project in Hagerstown, Md. The build-to-suit facility will serve as the

Real Estate

Silverstein Properties Inks Lease in Midtown Manhattan

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

Real Estate

Fed Stays Put on Interest Rates, But Uncertainty Looms

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

Real Estate

Data Centers Boom for Debt and Equity Investors

Carl Beardsley The North American data center market is experiencing a period of extraordinary growth and tightening supply, creating both

Real Estate

Wayfair to Open 150 KSF Atlanta Store

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

Real Estate

American Integrity Insurance Signs 75 KSF HQ Lease

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

Real Estate

Corporate Real Estate Compensation Keeps Rising

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

Real Estate

Carr Workplaces Reopens Manhattan Location

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

Real Estate

Avison Young Launches Investment Sales Platform

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

Real Estate

PNK Group Wraps Up 1.2 MSF Building Near Atlanta

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

Real Estate

Tamares Lands $505M Loan Extension on Manhattan Tower

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

Real Estate

Hines, Ivanhoé Sign Houston Office Tenant

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

Real Estate

VanTrust JV Kicks Off Denver Industrial Project

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

Real Estate

Potential Federal Building Sale Adds Uncertainty to Office Sector

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

Real Estate

Meniscus Group Picks Up Atlanta Facility

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

Real Estate

Altman Properties JV Lands Financing for Tampa Development

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

Real Estate

Sterling Bay Secures $88M for Denver-Area Mixed-Use

At full build out, the 389-acre campus will include biomanufacturing space, R&D, industrial, office and retail space and more than

Real Estate

AST Opens New Jersey Outpatient Building

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

Real Estate

Savills Expands in Puerto Rico With New Partnership

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

Real Estate

How Is Class B Industrial Adapting to Modern Demand?

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

Real Estate

Office Owners Scale Back Concessions

Office lease incentives dropped last year for the first time since CBRE began tracking this metric in 2019. The firm’s

Real Estate

Leon Industrial Enters Charlotte With $12M Purchase

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

Real Estate

Fort Street JV Picks Up Office Duo in Salt Lake City

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

Real Estate

AM Property JV Lands $133M for Stamford Trophy Asset

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

Real Estate

Penzance Pays $55M for Northern Virginia Portfolio

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

Real Estate

Basis, Lion Creek Form CRE Investment Partnership

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

Real Estate

Blackstone Closes $8B Real Estate Debt Fund

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

Real Estate

Lincoln Equities Inks New York Industrial Lease

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

Real Estate

NYU Schack Special Report: Energy Efficiency Still Key

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

Real Estate

This Market Tops the Nation for Data Center Absorption

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

Real Estate

From Data Center YIMBY to NIMBY?

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

Real Estate

Industrial Report: Manufacturing Surge Drives Industrial Expansion

The manufacturing sector continues to expand, with over 100 million square feet delivered since 2022 and another 100 million under

Real Estate

Highwoods to Acquire Raleigh Office Tower

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

Real Estate

Why MOBs Are Still a Strong Bet for Investors

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

Real Estate

Golub & Co. Inks HQ Lease in Minneapolis

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

Real Estate

Ridgecut Road to Break Ground on New York Industrial Project

When complete, I-84 Orange County Logistics Center will feature 36-foot clear ceiling heights, 31 dock doors and two drive-in doors.

Real Estate

Top 10 Markets for Office Deliveries in 2024

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

Real Estate

Hines Sells Dallas Mixed-Use Asset

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

Real Estate

Brixton Capital Buys San Francisco Shopping Center for $68M

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

Real Estate

How Rebuilding from LA’s Wildfires Is Impacting CRE

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

Real Estate

2025 Special Servicing Rates – Commercial Property Executive

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

Real Estate

Office Report: Office Prices Slide as Discounts Surge

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

Real Estate

The March Digital Issue of CPE Is Now Available!

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

Real Estate

Shorenstein JV Pays $96M for Boston R&D Campus

The buildings at The XChange include R&D-focused features and multiple amenities. Image courtesy of CommercialEdge Shorenstein Investment Advisers has teamed

Real Estate

MDH Partners Enters Las Vegas With $94M Buy

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

Real Estate

LBA Pays $39M for Phoenix Industrial Asset

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