September 24, 2026
Affinius Capital LLC has originated an $82.3 million loan to finance the development of Eastport Logistics Park, a master-planned four-building,
Proptech is constantly improving. But with so many options, how do you know what is worth the investment? The CPE
Prologis has assigned to Colliers South Florida the leasing of its Prologis Miami International Tradeport, a 10-building, 1.7 million-square-foot master-planned
The SCHEELS store in Wauwatosa will be the company’s 36th location nationwide. Image courtesy of SCHEELS SCHEELS has signed a
600 Third Ave. is a 42-story Midtown East office tower. Image courtesy of L&L Holding Co. Aaronson Rappaport Feinstein &
Red Mountain Group Inc. has purchased Century Square, a 415,613-square-foot shopping center in West Mifflin. This marks the company’s first acquisition
Riverside University Health System and health-care real estate developer PMB have topped off their $580 million, 450,000-square-foot project in Mead
Josh Stoffregen-Foye, CBRE Investment Management’s global head of media relations moderates the discussion between Wei Luo, Bernie McNamara, Robert Shaw,
TPG Angelo Gordon also formed a joint venture with Cypress West to purchase MOB assets. Last month, the duo bought
Originally built as a school in 1942, Rampart Medical Campus comprises two three-story buildings. Image courtesy of Echo Real Estate
Laredo Pinnacle Development II will feature ample trailer storage, allowing for fast and efficient deliveries and shipments. Image courtesy of
American Real Estate Partners has closed its fourth real estate GP fund, AREP Strategic Opportunity Fund IV at $309 million
Therese Fitzgerald During the very last session of last week’s MBA-CREF conference, an audience member asked a question that got
Dominated by the industrial and logistics sector, net lease investment volume increased by 19 percent quarter-over-quarter and 57 percent year-over-year
Deborah Harmon, founder of Artemis Real Estate Partners. Image courtesy of Artemis Barings LLC has agreed to acquire Artemis Real
360 N. Green St. was the largest project completed last year. It had been nearly fully preleased, highlighting that there
The five-building Crenshaw Plaza occupies a 5-acre site. Image courtesy of JLL The principals of 21 Alpha Group and Intelligent
The office building at 401 E. Las Olas Blvd. rises 23 stories in Fort Lauderdale, Fla.’s financial district. Image courtesy
The office building at 505 N. Brand Blvd. rises 16 stories. Image courtesy of Newmark Landrock LP and Pendulum Property
Pinecrest is a prime upscale destination and the only market presence for several brands, including Alo Yoga, UNTUCKit, Madewell, Indochino,
The building at 25 Market St. has an interior clear height of 40 feet. Image courtesy of Crow Holdings Development
Harbor Logistics Center has 36-foot clear heights, 17 dock-high doors and two grade-level doors. Image courtesy of Kearny Real Estate
Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in.
The industrial facility at 50 Innovation Drive is a former Lowe’s distribution center. Image courtesy of JLL LBA Logistics has
Stark Office Suites occupies the entire 22nd and 23rd floors at the Manhattan high-rise. Image courtesy of Stark Office Suites
An aerial view of the three light industrial assets in Valley Cottage, N.Y., in Rockland County, N.Y. Image courtesy of
The office building at 515 Post Oak Blvd. rises 12 stories in Houston’s Galleria submarket. Image courtesy of JLL New
Demand for top-quality office space continues, according to a new report from Savills, with net effective costs for such assets
Ivanhoé Cambridge, the real estate group of CDPQ, has refinanced its 42-story trophy office tower at 3 Bryant Park in
MBA Associate Vice President Commercial/Multifamily Research Reggie Booker Origination figures released yesterday by the Mortgage Bankers Association show lending is
Washington, D.C.’s office sector ended last year with mixed fundamentals, according to the latest CommercialEdge data. The investment sector saw
Heritage Capital Group has purchased a five-property, 508,814-square-foot industrial flex portfolio in Chesapeake, Va., for $45 million. Teams from Cushman
The industrial sector is transitioning from its pandemic-driven boom, with 2025 expected to bring further adjustments, according to the latest
Scannell Properties completed Uxbridge Distribution Center in 2023. Image courtesy of Rockpoint Rockpoint continues to grow its industrial portfolio with
Amazon is one of the tenants at Beltway Crossing Northwest in Houston. Image courtesy of CommercialEdge James Campbell Co. has
Westmount Realty Capital has acquired nine light industrial properties in the Chicago metropolitan area. The sellers, Unilev Capital and Mandalay
Daisy Gauck Business owners nationally are trying a variety of approaches to balance their corporate needs with employee desires, both
Two Baltimore-based CRE firms are now one, with privately held institutional investment management firm MCB Real Estate’s just-completed acquisition of
The development crew expects completion this year. Rendering courtesy of Ryan Cos. A joint venture of Ryan Cos. and Alidade
Westend Square covers a 13-acre site and is shadow-anchored by an Aldi store. Image courtesy of Institutional Property Advisors Milbrook
Therese Fitzgerald Over the past decade, green financing for commercial real estate has been growing steadily. There are now a
Hopewell Development teamed up with GTIS Partners to build Champions Circle Business Park in 2021. Image courtesy of Hopewell Development
The Food Lion grocery store at Eastway Square has recently undergone interior and exterior renovations. Image courtesy of Westwood Financial
Royal Carribean’s new headquarters will total 380,000 square feet at 1050 Carribean Way. Image courtesy of HOK The Miami office
You can also read our other Mortgage Banking Firms rankings. Includes all originations, both as an intermediary and a direct
The 130-acre master-planned industrial park is rising on the site of a former airport. Image courtesy of Trammell Crow Co.
Goldie Wolfe Miller accepts CPE’s lifetime achievement award and delivers an empowering speech. Goldie Wolfe Miller, the winner of the
Among commercial property investors, interest in industrial assets declined somewhat in 2024, while a stronger focus on data centers, and
The three-story 2701 San Tomas Expressway is one of the four office buildings NVIDIA has occupied since April 2010. Image
Several Ben E. Keith Foods executives attended the groundbreaking ceremony for the upcoming distribution center in Alachua, Fla. Image courtesy
The property at 6000 Old Concord Road is fully occupied. Image courtesy of Avison Young Stonelake Capital Partners has purchased
In 2024, Atlanta’s industrial sector showed continued growth, with both transaction activity and its pipeline posting growth on a year-over-year
On Jan. 30, CPE hosted its 18th annual Influence Awards ceremony, which honored some of the past year’s most notable
Well-located, infill assets such as Link Logistics’ Princeton Elm Industrial Center in metro Philadelphia will continue to be in high
Fed Chair Jerome Powell speaks at the Jan. 29 press conference. Screenshot by Gabriel Frank In its first meeting of
The new manufacturing facility represents Nestle USA’s 20th food and beverage factory. Image courtesy of Nestle Nestle USA has opened its
Source: CommercialEdge, a Yardi Systems company In the last quarter of 2024, office sales totaled $9.1 billion with 365 transactions
NewQuest has begun construction on the retail portion of Texas Heritage Marketplace, a planned $400 million mixed-use development in Katy,
What do you have planned for this year to advance your business? The CPE Executive Council shares their top goals.
AT&T and Reign Capital have nailed down an $850 million structured sale-leaseback transaction covering 74 AT&T central office facilities totaling
KPMG Plaza rises 18 stories in Dallas’ Arts District. Image courtesy of CommercialEdge Law firm Jackson Walker LLP has extended
Numbers in thousands Unemployed total includes a small number of persons whose last job was in the Armed Forces. Source:
One of the Pacific Business Park’s buildings, located at 1065 American Pacific Drive. Photo courtesy of BKM Capital Partners BKM
John McWilliams, Cushman & Wakefield’s head of data center insights, noted that power constraints may be one of the biggest
A survey of buyer intentions in 2025 vs 2024 and 2023. Chart and data courtesy of CBRE Research More capital
Source: MBA The level of commercial/multifamily mortgage debt outstanding increased by $47.7 billion (1.0 percent) in the third quarter of
One Madison Avenue recently underwent a $2.3 billion redevelopment. Image courtesy of CommercialEdge IBM has inked a 15-year, 92,663-square-foot lease
Paramount Group has sold a 45 percent stake in 900 Third Ave., a 36-story, 600,000-square-foot Class A office building in
Therese Fitzgerald It was raining executive orders on President Donald Trump’s first day in office. It remains to be seen
Brennan Investment Group recapitalized its 1 million-square-foot industrial portfolio of 20 shallow-bay buildings in Moorestown, N.J., about 12 miles east
Houston’s office sector continued to show mixed signals in the fourth quarter of this year. Despite signs of improvement in
Owned and operated by Phillips Edison & Co., the Kroger-anchored Mansell Village shopping center in Roswell, Ga., provides retail space
Exterior shot of the office building at 6011 Connection Drive in Irving, Texas. Photo courtesy of Piedmont via Stream Realty
Completed in 1955, One Pru was the first skyscraper built in Chicago after the Great Depression and World War II.
Alterra IOS has expanded its industrial outdoor storage holdings in the Dallas-Fort Worth market to 10 assets with the acquisition
The eight-story 4MLK is part of the 1.2 million-square-foot BioPark. Image courtesy of The University of Maryland, Baltimore Wexford Science
The 382,032-square-foot industrial facility at 11384 Progress Way is fully leased to Buske Logistics. Image courtesy of Robinson Weeks Partners
Britannia Technology Park includes two buildings delivered in 2023 on 14 acres. Image courtesy of Cushman & Wakefield Foxx Development
We’re ready to honor your achievements! The 2025 CPE Influence Awards recognize the commercial real estate industry’s most noteworthy properties,
CPP Investments and Bridge Industrial have formed a $789 million joint venture focused on industrial assets. Bridge Industrial is building
HJ Kalikow & Co. has owned and managed the property since 1982. Image courtesy of JLL Private equity firm Incline
Developer Gilbane and NJ Transit Corp. are planning the development of the Beacon Building, a 500,000-square-foot, 25-story office tower in
TECfusions, a rapidly growing provider of advanced data center solutions, plans to transform nearly 1,400 acres of a former Alcoa
Completed in 2014, the distribution center is at 151 Charles F. Colton Road. Image courtesy of JLL Ares Management Real
Jamie Hodari, Co-Founder & CEO, Industrious. Image courtesy of Industrious CBRE Group has entered a definitive agreement to acquire Industrious
Sawgrass Lake Center went through cosmetic renovations in 2017. Image courtesy of CommercialEdge Accesso has acquired Sawgrass Lake Center, a
The rapid expansion of the data center sector is expected to continue in 2025, despite challenges of power constraints and
The 2 million-square-foot home of News Corp. and Dow Jones is slated for a $300 million revamp. Image courtesy of
Chandler Medical Pavilion is fully leased by a single tenant. Image courtesy of JLL Montecito Medical Real Estate has acquired
Cherokee Commerce Center 85 will include five buildings between 211,000 and 1.7 million square feet. Image courtesy of Glenstar Logistics
CIP Real Estate has purchased Broadway 101 Commerce Park, an 809,230-square-foot Class A industrial park in Mesa, Ariz. Canyon Partners
Realterm has a sizable footprint in Chicago. Besides IOS facilities, the company also owns standard industrial properties, including the one
Another data center project, PowerCampus Dallas, is currently under construction 24 miles from the GigaPop site. Image courtesy of Skybox
The five-story office property came online in 2015 and includes multiple amenities. Image courtesy of JLL Radler Enterprises Inc. has
One of SkyREM’s properties is Tradeport East – Building D, an industrial facility near Savannah, Ga. Image courtesy of JLL
Makenna Peter Southern California’s industrial real estate market has long been recognized as one of the most dominant in the
Sandy Hamby Research from McKinsey reveals that large construction projects often take 20 percent longer than scheduled, contributing to budgets
303 East Wacker Drive, which secured a $62.5 mullion mortgage. Photo courtesy of Northwind Group A 30-story Class A office
Register now for this free virtual event honoring the 2024 Influence Award winners We will also have a special keynote
Plaza Del Mar, located on a barrier island between the Atlantic and the Intercoastal Waterway in Palm Beach County, Fla.
Centro City’s retail and residential components. Image courtesy of Terra. A $104 million loan for phase one of Centro City’s
The January Issue of CPE Is Now Available! From the Editor: New Year, New Changes for Prop Tech Elevating the
When completed in late 2025, Eagle Mountain Medical Center will include almost 25,000 square feet across two stories. Image courtesy
Two speculative Class A industrial buildings totaling 540,408 square feet are coming to the new Northeast Georgia Inland Port. Alliance
Finmarc Management has expanded its Northern Virginia office holdings with the $51 million acquisition of a four-building Class A office
The IOS asset 2340 Rose Place W. in Roseville, Minn. Courtesy Realterm Realterm, an investor specializing in transportation and logistics
Partners Capital, the investment platform of Partners Real Estate, has acquired Dixie Farm Business Park, a 196,000-square-foot flex/retail property in Houston.
Discount Tire has purchased Desert Ridge Corporate Center I and II, a 275,208-square-foot office campus in Phoenix. The firm’s real
Completed in 1995, the industrial building at 6205 S. 231st St. comprises some 115,000 square feet. Image courtesy of CommercialEdge
Retail trends that stood out from our report interviews this year revolved around the ongoing demand for physical space, said
Here’s a look back at the key trends and hot topics that defined the past year. 1. AI Is Changing
Values shown are average by property type. As of December 11, 2024. Source: S&P Global Market Intelligence As of Dec.
IQHQ’s 326,000-square-foot life science project topped out in April. Image courtesy of McCarthy Building Cos. Inc. Despite a slow start
7272 E Indian School will soon to be part of the new, three-building Old Town Scottsdale campus. Image courtesy of
The office sector continued to change in 2024, as stabilization efforts following post-pandemic effects saw different subsectors become the primary
Source: Northmarq, Real Capital Analytics In third quarter 2024, the single-tenant industrial market remained on a path of reporting increasing
Joe Cosenza, Inland Real Estate Group of Cos. Inland Real Estate Group of Cos. has announced the loss of cofounder
Source: U.S. Census Bureau As of October, new orders increased by an average of 3.4 percent year-over-year, totaling $20.1 million,
Source: PropertyShark, a Yardi Systems Company Sale Price: $360 million Apollo Global Management has acquired a $360 million ownership and
Source: CommercialEdge, a Yardi Systems Company Retail construction starts exhibited a dynamic activity pattern in 2024, with sharp contrasts between
Source: PropertyShark, a Yardi Systems Company Sale Price: $46 million RFR Holding has sold the 10,139-square-foot retail building in Manhattan’s
Source: Mortgage Bankers Association Commercial and multifamily mortgage loan originations increased 59 percent in the third quarter of 2024 compared
Source: CommercialEdge, a Yardi Systems Company Year-to-date through November, the average sale price for industrial properties in the U.S. stood
For Reinberg, accessibility in health-care real estate is not just a buzzword. Image courtesy of Alliance CGC Medical outpatient facilities
A joint venture of Taubco and Landau Properties has received a $74 million construction loan to develop One Kane Concourse,
Nuveen Real Estate purchased 501 Boylston St. from Broadway Partners for $370.5 million back in 2007, according to CommercialEdge. Image
Shaked Acquisitions has purchased Cobb Place, a 335,190-square-foot retail center in Kennesaw, Ga., for $63.5 million. Wicker Park Capital Management
Both Taylor Square and Tuttle Crossing are anchored by a Walmart. Image courtesy of Institutional Property Advisors Institutional Property Advisors
Commercial real estate investment sentiment has risen convincingly in the second half of the year, according to RCLCO’s real estate
IDV Speedway is a recently completed industrial building in the North Las Vegas submarket. Image courtesy of JLL Investment &
Rockefeller Group has completed the construction of a 418,400 square-foot distribution center on 24 acres in Surprise, Ariz., part of
Stonepeak, a New York-based alternative investment firm, has expanded its Texas footprint again this year with the acquisition of a
Prudential Tower, the second-tallest Boston office building, debuted in 1965. Image courtesy of CommercialEdge BXP has inked a 413,000-square-foot office
Workbox-Dupont Circle will occupy Suite 200 at the property. Image courtesy of Workbox Workbox is entering the Washington, D.C., market
Rendering of 33 Commerce Center, taking shape on an 18-acre lot in Marysville, Ohio. Image courtesy of The Opus Group
The office sector’s transformation continued in 2024, shaped by pandemic-related shifts that have led to lower sale prices, less new
The industrial sector in Dallas saw a considerable increase in investment volume during the first 10 months of this year,
Fed Chair Jerome Powell speaks at the Dec. 18 press conference. Screenshot by Gabriel Frank At final meeting of the
Daniel Levison In the dynamic landscape of commercial real estate, business owners who own and occupy their facilities are continually
KPR Centers has acquired Eagle Plaza, a 230,000-square-foot grocery-anchored neighborhood shopping center in the Philadelphia area, from First National Realty
AI has a lot of uses. As it gets more sophisticated, it has permeated many areas of the industry. However,
Boston’s office sector remained in the spotlight, leading nationally in terms of development pipeline and completions. However, with more properties
Eastpark 70, a six-building, 1.1 million-square-foot industrial campus, debuted between 2016 and 2022. Image courtesy of JLL Consolidated Investment Group
Our writers have put together a series of outlook stories that provide a glimpse into what’s ahead for the main
In the largest dollar investment for the commonwealth this year, Toyota Kentucky will build a new $922 million advanced paint
Our writers have put together a series of outlook stories that provide a glimpse into what’s ahead for the main
Regus has leased the entire 429 Lenox building in Miami Beach, Fla. Image courtesy of Colliers Regus has fully leased
Developed in 1987, the 1.2 million-square-foot high-rise became Norwest Corp.’s headquarters. Image courtesy of Onward Investors A joint venture of
Plaza 600 underwent renovation in 2023 which focused on the lobby area and amenity spaces. Image courtesy of BentallGreenOak BentallGreenOak
Prologis Inc. has sold a data center development in Chicago to Australian alternative asset manager HMC Capital. Chris Curtis, Global
Constellation Post Oak features several points of ingress and egress. Image courtesy of Constellation Real Estate Partners A joint venture
Valley View Business Center consists of a one-story industrial facility that came online in 2009. Image courtesy of Cushman &
The Hills Village Center occupies a 13-acre site within The Hills townhouse community. Image courtesy of JLL Longpoint Partners has
Workbox has leased the entire 31st floor at One PPG Place. Image courtesy of Workbox Workbox has leased more than
The industrial property is at 3059 Premiere Parkway in Duluth, Ga., and dates back to 1998. Image courtesy of JLL
Proficiency Capital LLC has received $32.2 million in acquisition financing for McGee Business Center in Chino and Pomona, Calif., in
The life sciences construction pipeline remains resilient, with 54.7 million square feet of new space initiated between 2019 and October
The 1250 H Street office property is known as Herald Square building. Image courtesy of CommercialEdge Banyan Street Capital has
Nevada Business Park came online last year and consists of three buildings totaling 319,500 square feet. Image courtesy of INDUS
Chad McWhinney, co-founder, chairman & CEO of McWhinney. Image courtesy of McWhinney Prism Places and McWhinney are teaming up to
Noting that occupiers are seeking best-in-class, highly amenitized office space close to mass transit, Hines said it has inked a
Construction on Lilly’s new manufacturing facility in Pleasant Prairie, Wis., is slated to start next year. Image courtesy of Eli
The 1201 Pacific office building has a LEED Gold certification. Image courtesy of Gantry Unico Properties has secured a $35
The December Digital Issue of CPE Is Now Available! From the Editor Featured. Exterior photo courtesy of Brad Nicol Photography,
The pandemic has profoundly changed how people engage with the workplace, fueling the rise of remote and hybrid work and
Suzann D. Silverman Remember the fast-paced race to finalize multiple transactions by the end of the year? It made December
The potential for data centers seems limitless. Not only are these facilities getting larger and more advanced, but they’re also
The office building at 99 Park Ave. rises 26 stories in Manhattan. Image courtesy of CommercialEdge Metropolitan Commercial Bank has
You can also read our other Top Development Firms rankings. * As of June 30, 2024 Key: O=Office; I=Industrial; R=Retail;
Lovett Industrial is expanding its portfolio in the Dallas-Fort Worth area with the development of 121 Logistics Park, a two-building
Thor Equities Group has secured a $37 million construction loan from ACRES Capital for the 63,000-square-foot Wynwood Walk neighborhood retail
Rendering of the upcoming industrial development at 1653 Ashton Park Drive in Colonial Heights, Va. Image courtesy of PNK Group
The property part of a 2.1 million-square-foot industrial campus. Image courtesy of Avison Young SL Industrial Partners, an affiliate of
What should you consider when you’re evaluating potential investment opportunities in commercial real estate? The CPE Executive Council shares what
Source: PropertyShark, a Yardi Systems Company Sale Price: $159.4 million Extell Development Co. bought the 198,347-square-foot office building in Manhattan’s
Roughly 28 miles from VenturePark65’s site, Venture One and DRA Advisors acquired a fully leased 718,709-square-foot industrial asset. The deal
Since Wilks Development acquired the property, Equify Financial, LLC has signed a lease. Image courtesy of CommercialEdge Wilks Development has
The Hartford building was awarded LEED Gold recertification for existing buildings in April. Image courtesy of CommercialEdge Carr Workplaces, a
The industrial facility is within Jedburg Logistics Center, a two-building industrial campus in Summerville, S.C. Image courtesy of JLL Clarion
Source: CommercialEdge In November, CommercialEdge data provides a snapshot of the nation’s coworking landscape, highlighting the top 10 markets driving
San Diego’s office sector continued to perform well for completions and projects underway, according to CommercialEdge data. In terms of
Manhattan West’s office buildings came online between 1913 and 2023. Image courtesy of JLL Brookfield Properties has tapped JLL as
PUMA has opened a 25,000-square-foot store at BLVD, a 400,000-square-foot retail center coming online in Las Vegas. The retailer’s second flagship
The Malin’s new coworking venue at 895 Broadway in Manhattan. Image courtesy of The Malin The Malin is planning to
Galvanize Real Estate has acquired 150 Milford Road, a 608,000-square-foot industrial property along the I-95 corridor in East Windsor Township
The 1.7 million-square-foot One Vanderbilt came online in 2020 and features about 187,000 square feet of retail space. Image courtesy
Capital Commercial Investments Inc., of Austin, Texas, has acquired Energy Crossing II, a 327,404-square-foot office building in Houston’s Energy Corridor.
The 13-acre Shoppes at English Village comprises three buildings. Image courtesy of CBRE Nuveen Real Estate has purchased The Shoppes
The office mid-rise originally came online in 1910 and went through a $20 million renovation program in 2017. Image courtesy
Aerial view of TECfusions’ data center campus, an adaptive reuse initiative that will include 220 megawatts of future capacity. Image
Equity acquired the one-story 3501 MedCenter in 2020. Image courtesy of CommercialEdge Newmark Healthcare Capital Markets has arranged $12.5 million
799 Ninth St. came online in 2001 and went through cosmetic renovation in 2014. Image courtesy of CommercialEdge International law
Amazon is one of the tenants at CBRE Investment Management’s former building near Phoenix Sky Harbor Airport. Image courtesy of
Pauli Kerr Despite economic uncertainties and shifts in market fundamentals, the Dallas-Fort Worth industrial sector continues to demonstrate growth and
Allocations by active managers mostly shifted toward data center, telecommunications and health-care assets in the third quarter of 2024, according
An Albertsons store anchors Vista Commons. Image courtesy of CommercialEdge AEW Capital Management has purchased Vista Commons, a 98,716-square-foot retail
StreetLevel Investments has broken ground on Village at Gateway, a 120-acre mixed-use project in Forney, Texas. The developer plans to
Come join us for a special event where you can meet the individuals behind MHN and CPE! Our editorial team
The future retail center is part of The Park’s $500 million redevelopment. All images courtesy of The Connell Co. The
Who holds the most responsibility when it comes to making sure a building is sustainable? Greenbuild panel on raising awareness