Real Estate
W. P. Carey Buys 1.2 MSF Columbus Facility
Building 2 of Rickenbacker Exchange at Commercial Point, which is fully leased to HanesBrands. Image courtesy of Colliers VanTrust Real
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Category: Real Estate
Real Estate
Lincoln Property Co. Preleases 562 KSF in Las Vegas
Windsor Commerce Park is Lincoln Property Co.’s first development in Nevada. All images courtesy of Lincoln Property Co. Windsor Commerce
3 Minute
Real Estate
LBA Logistics Buys Last Building at Industrial Campus in SLC
Two separate buyers acquired the other two buildings at the 1.3 million-square-foot industrial campus. Image courtesy of Cushman & Wakefield
2 Minute
Real Estate
Highwoods Properties Inks Research Triangle HQ Lease
Railinc will move more than 300 employees and contractors to 11000 Weston Parkway in early 2025. Image courtesy of JLL
2 Minute
Real Estate
FUSE to Expand Austin Coworking Footprint
FUSE Workspace will open 2105 E. Martin Luther King Jr. Blvd., a 33,000-square-foot flex office and coworking location in Austin.
2 Minute
Real Estate
Hines JV Welcomes Biotech Firm at Houston Campus
Levit Green’s Phase I totals 290,000 square feet. Image courtesy of Hines Hines and its partners 2ML Real Estate Interests
3 Minute
Real Estate
Chavez Management Picks Up Sacramento Office Assets for $45M
The office building at 2020 W. El Camino Ave. comprises more than 319,000 square feet. Image courtesy of Avison Young
2 Minute
Real Estate
SL Green, Vornado Score $1B Loan Extension for NYC Trophy Tower
280 Park Ave., which had a $1.075 billion loan maturity extended by two years. Image courtesy of CommercialEdge SL Green
2 Minute
Real Estate
Monday Properties Gets $206M for 2 Office Assets
The 35-story high-rise at 1812 N. Moore St. is LEED Platinum-certified. Image courtesy of Monday Properties Monday Properties has obtained
2 Minute
Real Estate
Solugen Breaks Ground on 500 KSF Biomanufacturing Plant
Rendering of the Bioforge Marshall plant, which is currently under construction. Image courtesy of Solugen Climate technology company Solugen has
3 Minute
Real Estate
PGIM Real Estate, Equinix Enter $600M JV
The Equinix SV12x International Business Exchange™ in San Jose, Calif. Image courtesy of Equinix Inc. PGIM Real Estate and Equinix
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Real Estate
IRA Capital Adds Columbus Life Science Asset to Portfolio
The campus came online in two phases, between 1995 and 2001. Image courtesy of CommercialEdge IRA Capital has acquired a
2 Minute
Real Estate
ViaWest, Clarion Kick Off SLC Industrial Project
The groundbreaking ceremony at Central Commerce Center. Image courtesy of Colliers ViaWest Group, together with Clarion Partners, has commenced construction
2 Minute
Real Estate
Bedrock Tops Out Detroit’s Tallest Tower in 50 Years
Hudson’s Site rises 681 feet in downtown Detroit. Image courtesy of Bedrock Bedrock has topped out The Tower of the
2 Minute
Real Estate
ULI Special Report: What’s Ahead for CBDs
Jun Ho Pok of IGIS Neovalue Asset Management, Kevin Davenport of Swire Properties and Megumi Brod of The Rockefeller Group
5 Minute
Real Estate
The Durst Organization Inks Manhattan Lease Expansion
The tower at 1133 Ave. of the Americas rises 45 stories in Manhattan’s Plaza District. Image by Vanni Archive Architectural
2 Minute
Real Estate
NewMark Merrill Buys Chicago Shopping Center for $22M
Marketplace at Six Corners comprises two buildings on some 10 acres. Image courtesy of Mid-America Real Estate Corp. DRA Advisors
2 Minute
Real Estate
Venture One Buys Metro Miami Industrial Park
Boynton Logistics Center features a total of 34 dock-high loading doors, 12 truck wells and four drive-in doors. Image courtesy
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Real Estate
Whitestone REIT Buys Phoenix-Area Retail Center
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,
2 Minute
Real Estate
L&L Holding Lands $911M Refi for Manhattan Tower
425 Park Ave. Image courtesy of Alan Schindler In one of the largest deals of its kind this year, L&L
2 Minute
Real Estate
Jacksonville Office Park Changes Hands
Greystone at Town Center last traded in 2006. Image courtesy of Cushman & Wakefield Texas-based Woodside Capital Partners acquired Greystone
2 Minute
Real Estate
ULI Economic Forecast: Tailwinds, Hurdles or Both?
ULI’s Spring Meeting is being held in New York. Image by Fotios Tsarouhis The Urban Land Institute’s latest economic forecast,
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Real Estate
Harbor Group Completes $128M Renovation of Manhattan Landmark
Harbor Group International has completed a $128 million restoration and improvement program at 51 W. 52nd St., also known as
3 Minute
Real Estate
Stonemont JV Inks 733 KSF Lease at Savannah Industrial Park
Building 4A is the most recently delivered property within the 1,150-acre industrial park. Image courtesy of Stonemont Financial Group Stonemont
2 Minute
Real Estate
AEW Capital Sells Dallas Industrial Portfolio
The Carrollton facility features two buildings totaling 127,054 square feet. Image courtesy of CommercialEdge AEW Capital Management has sold the
2 Minute
Real Estate
MBK Industrial JV Breaks Ground on Dallas-Area Campus
The 10-acre Tristar Business Park will feature two industrial building totaling 173,680 square feet. Image courtesy of Colliers A joint
2 Minute
Real Estate
OA Development Lands 101 KSF HQ Renewal in Atlanta
Peachtree Ridge is a 159,962-square-foot office building currently 64 percent leased. Image courtesy of Transwestern OA Development has signed a
2 Minute
Real Estate
Whitestone REIT Sells Phoenix-Area Shopping Center
Mercado at Scottsdale Ranch comprises six buildings spread across 9 acres. Image courtesy of Newmark Mercado at Scottsdale Ranch, a
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Real Estate
Lincoln Equities Secures $54M for North Jersey Logistics Project
Belleville Logistics, which will total 204,407 square feet upon completion. Image courtesy of PCCP LLC Lincoln Equities Group has closed
2 Minute
Real Estate
EastGroup Properties Breaks Ground on DFW Industrial Project
Denton Exchange 35 will rise at the conflux of interstates 35 East and 35 West. Image courtesy of Stream Realty
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Real Estate
Brookfield Properties Breaks Ground on Phoenix-Area Industrial Facility
Brookfield Properties has broken ground on Camelback 303 Logistics Center, a 616,100-square-foot industrial development in Goodyear, Ariz. Each building at
2 Minute
Real Estate
Sustainability Street: We Need to Talk About Climate Regulation
The SEC finalized its long-awaited Climate Disclosure Rules on March 6. On April 4, the agency agreed to hold off
2 Minute
Real Estate
KBS Sells Houston Light Industrial Facility
KBS has sold Clay Crossing Business Center, a 222,750-square-foot light industrial facility in Houston. HPI Holdings II LLC purchased the
2 Minute
Real Estate
The April Digital Issue of CPE Is Now Available!
The April Digital Issue of CPE Is Now Available! From the Editor Feature. Image courtesy of Lawrence Group Trend. Image
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Real Estate
CMBS Demand Is Rising Amid Mounting Delinquencies
This year’s largest SASB office CMBS loan was $475 million for Warner Bros. Studios in Burbank, Calif. Image courtesy of
7 Minute
Real Estate
Lincoln Property Lines Up $65M Refi for Los Angeles Campus
Lincoln Property Co. has obtained a $65 million loan for the refinancing of Wateridge, a 585,580-square-foot office and retail campus
2 Minute
Real Estate
Top 5 Markets for Office Deliveries in 2023
Despite facing hurdles such as elevated interest rates and persistent challenges with construction materials and labor shortages, the office sector
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Real Estate
WeWork Eyes Chapter 11 Exit
WeWork is on track to complete restructuring and exit Chapter 11 bankruptcy protection by May 31, the company said today.
2 Minute
Real Estate
Retail Investors Are Adapting to Disruption, Seizing Opportunities
Over the past decades, the retail investment sector has undergone significant evolution, driven by economic downturns, technological advancements, e-commerce growth
7 Minute
Real Estate
Westbridge, FCP Sign New Tenant in Atlanta
Construction Resources is opening a design center at the repurposed Westside Paper in Atlanta in 2025. Image courtesy of Westbridge
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Real Estate
Attracting and Retaining Gen Z Office Worker
The lobby at Tacoma Centre, a 200,000-square-foot office tower in Tacoma, Wash. Many of the building’s meeting and amenity spaces
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Real Estate
Top 5 NYC Office Sales – February 2024
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,
2 Minute
Real Estate
Brennan Kicks Off 394 KSF Facility Near US-Mexico Border
Brennan Investment Group was recently involved in the acquisition of a 1.3 million-square-foot portfolio, as part of its expansion in
3 Minute
Real Estate
Silver Star Secures $135M Loan Package in Shift to Self Storage
Cooper Street Plaza in Arlington, Texas, a retail center that Silver Star Properties REIT sold in 2023. Image courtesy of
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Real Estate
Top NYC Retail Building Sales – February 2024
Source: PropertyShark, a Yardi Systems Inc. company Source: PropertyShark, a Yardi Systems Inc. company Source: PropertyShark, a Yardi Systems Inc.
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Real Estate
Blackstone Closes $1B in Industrial Portfolio Sales
The Irwindale, Calif., facility that Rexford Industrial acquired last October for $120 million. Image courtesy of CommercialEdge The Irwindale, Calif.,
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Real Estate
ESI Ventures, Ryan Cos. Break Ground on Phoenix Industrial Project
A joint venture of Ryan Cos., and ESI Ventures has commenced construction on Surprise 34, a two-building industrial campus totaling
2 Minute
Real Estate
Frayer Enterprises Sells 187 KSF Toledo Shopping Center
Frayer Enterprises has sold Airport Square, a 187,252-square-foot shopping center in Toledo, Ohio. A private investor from Las Vegas acquired
2 Minute
Real Estate
Tomorrow’s Labs: One Charles Park, a Life Science Design Project
With conversions a growing trend today, transforming an old office building into a modern life science space that can cater
8 Minute
Real Estate
Where Innovation Drives CRE Demand
Driven by nearly $49 billion in funding for new technologies like generative AI over the past three years, the San
5 Minute
Real Estate
Uncovering Regional Disparities in Remote Work
Office utilization and remote work rates vary among different markets, indicating that the impact on the office sector differs across
3 Minute
Real Estate
Sunbelt Investment Breaks Ground on Phoenix-Area Shopping Center
Sunbelt Investment Holdings Inc. has broken ground on Buckeye Commons, a 410,000-square-foot retail center in Buckeye, Ariz. Buckeye Commons will
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Real Estate
CENTRL Takes Over Former WeWork Location in Seattle
The Kelly-Springfield Building was converted to office in 2019. Image courtesy of Kidder Matthews The Kelly-Springfield Building was converted to
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Real Estate
Quadrangle JV Pays $95M for DC Office Asset
The building features 16,105-square-foot average floorplates, a fitness center and some 10,500 square feet of retail space. Image courtesy of
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Real Estate
Amazon Inks 1.2 MSF Lease for New Phoenix Industrial Asset
Amazon has leased Building B at The Cubes at Glendale in Phoenix’ West Valley. Image courtesy of Cushman & Wakefield
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Real Estate
TRS of Texas Completes HQ With Office Buy
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
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Real Estate
CTO Realty Pays $69M for Orlando-Area Power Center
The newly acquired Marketplace at Seminole Towne Center, anchored by a diverse array of tenants. Image courtesy of CTO Realty
3 Minute
Real Estate
CPE Executive Council: How Important is Sustainability in CRE Business?
For those in CRE, does sustainability play a major role in doing business today? The CPE Executive Council shares their
2 Minute
Real Estate
Water Features: Wasteful or Worth It?
J. Wickham Zimmerman Water features are an integral part of many commercial properties, including retail centers, corporate campuses, and mixed-use
4 Minute
Real Estate
DRA Advisors Sells Chicago Value-Add Shopping Center
Oak Forest Commons features a vacant space formerly occupied by Food 4 Less. Image courtesy of Mid-America Real Estate Corp.
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Real Estate
$1B Hollywood Star to Rise on Sunset Boulevard
Designed by Foster + Partners, The Star aims to attract Hollywood’s top content creators. Image courtesy of The Star LLC
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Real Estate
CenterSquare JV Buys 621 KSF Portfolio, Lands $40M Loan
The new owner plans to implement deferred maintenance programs throughout the entire portfolio. Image courtesy of CenterSquare Investment Management and
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Real Estate
Baltimore-Area Shopping Center Lands $22M
Arundel Plaza comprises six buildings spread on some 24 acres. Image courtesy of JLL Capital Markets Arundel Plaza comprises six
2 Minute
Real Estate
Interest Rates Remain the Same. What Will 2024 Bring?
Today’s Federal Reserve Bank interest rate decision comes with little surprise: Benchmark rates are set to remain at a range
4 Minute
Real Estate
Vista Property Buys Fort Worth Retail Power Center
Marshalls is one of the tenants at Lake Worth Marketplace. Image courtesy of JLL Marshalls is one of the tenants
2 Minute
Real Estate
SCHOTT Pharma To Bring $371M Project to Research Triangle
SCHOTT expects to create around 400 permanent jobs once the Wilson manufacturing facility comes online. Image courtesy of SCHOTT Pharma
2 Minute
Real Estate
Pfizer Signs 230 KSF San Diego Lease
Upon completion, Torrey View will feature three life science buildings. Image courtesy of Breakthrough Properties Upon completion, Torrey View will
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Real Estate
Brokerage Strategies for Older Properties
Williams Equities uses a hierarchy of needs for evaluating older buildings on behalf of their clients, according to Managing Principal
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Real Estate
Avison Young Lands Milestone Recapitalization
Mark Rose, CEO of Avison Young. Image courtesy of Avison Young Mark Rose, CEO of Avison Young. Image courtesy of
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Real Estate
KPR Centers Pays $180M for Retail Portfolio
KPR Centers has purchased a 1.5 million-square-foot retail portfolio in Florida and the Midwest for $180 million. Kimco Realty Corp.
3 Minute
Real Estate
$350M Mixed-Use Project Moves Forward Near Atlanta
Rendering of the Medley project in Johns Creek, Ga. Image courtesy of Toro Development Co. Toro Development Co. is moving
3 Minute
Real Estate
RD Management Taps JLL to Lease 1 MSF Mall Conversion
Upon completion, RITHM could encompass more than 7 million square feet of mixed-use space. Image courtesy of JLL and RD
3 Minute
Real Estate
Radom Capital Lines Up $76M Refi for Houston Shopping Center
Radom Capital has received a $76 million loan for the refinancing of Montrose Collective, a 169,514-square-foot shopping center in Houston,
2 Minute
Real Estate
Libitzky Property Cos. Lands $30M Refi for Phoenix Industrial Park
The 13 facilities came online between 1987 and 1996 and measure 298,324 square feet. Image courtesy of Gantry The 13
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Real Estate
Why Those Big Store Closings Aren’t the Whole Story
“The trend of retailers analyzing their store footprint and closing underperforming locations is quite common and is likely to continue
7 Minute
Real Estate
RLS Logistics to Expand Philly-Area Cold Storage Facility
The facility at 1000 Coopertown Road is some 14 miles from the Port of Philadelphia. Image courtesy of RLS Logistics
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Real Estate
Silicon Valley Bank Relocates San Francisco Office
Silicon Valley Bank’s new San Francisco office space at 222 Second St. Image courtesy of Silicon Valley Bank Silicon Valley
2 Minute
Real Estate
KDC Tops Out Wells Fargo’s $455M Campus
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.
2 Minute
Real Estate
Investment Matters: Lifestyle Center Leader
After starting his career as an engineer, Josh Poag switched gears and went on to lead the family business. Photo
2 Minute
Real Estate
Sendero, TPG Angelo Gordon Expand Rhode Island MOB Portfolio
The medical office building at 227 Centerville Road came online in 1998. Image courtesy of CommercialEdge The medical office building
3 Minute
Real Estate
Are Cap Rates Closing In On Peak Levels?
Most survey respondents believe that cap rates have peaked. Infographic courtesy of CBRE Most survey respondents believe that cap rates
3 Minute
Real Estate
AXSYS Capital Closes Fund for Midwest MOBs
One of the medical office buildings in Franklin, Wis., acquired through the fund. Image courtesy of CommercialEdge One of the
2 Minute
Real Estate
Soloviev Group Lands 23 KSF Manhattan Lease
9 W. 57th St. rises 50 stories, spanning nearly 1.7 million square feet. Image courtesy of CommercialEdge 9 W. 57th
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Real Estate
Midtown National Buys Saltbox-Occupied Facility in Denver
The industrial property at 4800 Dahlia St. was last upgraded in 2021. Image courtesy of CommercialEdge The industrial property at
2 Minute
Real Estate
Big V Sells Virginia Shopping Center
2PICW LLC has purchased Willow Oak Plaza, a 163,090-square-foot shopping center in Waynesboro, Va. Big V Property Group sold the
2 Minute
Real Estate
JP Morgan Completes Multimillion-Dollar Upgrade in Dallas
2515 McKinney was previously known as Chateau Plaza. Image courtesy of CommercialEdge 2515 McKinney was previously known as Chateau Plaza.
2 Minute
Real Estate
PMAT Sells Chicago-Area Shopping Center
PMAT has sold Downers Park Plaza, a 124,005-square-foot shopping center in Downers Grove, Ill. Broder & Sachse Real Estate purchased
2 Minute
Real Estate
MDC Realty Advisors Picks Up Phoenix Asset in Sale-Leaseback Deal
The Class A property at 2632 E. Chambers St. is within the Sky Harbor submarket. Image courtesy of Cushman &
2 Minute
Real Estate
Q&A With CREFC’s Lisa Pendergast
Lisa Pendergast At the CREFC High-Yield, Distressed Assets, & Servicing Conference, there was talk of forbearance and refinancing risk. But
5 Minute
Real Estate
Stonelake Capital Partners Buys 120 KSF Distribution Center in DFW
Litex Industries is the sole tenant at 4400 Diplomacy Road. Image courtesy of Cushman & Wakefield Litex Industries is the
2 Minute
Real Estate
Property Management Success: Trends, Strategies and Innovations
Image by Nuthawut Somsuk/iStockphoto.com In this monthly series, Commercial Property Executive sits down with experts from commercial real estate service
1 Minute
Real Estate
Barrister Commercial Breaks Ground on 2.4 MSF Raleigh-Area Campus
Research Triangle Logistics Park will be within a 200-mile radius of three major shipping ports. Image courtesy of Avison Young
3 Minute
Real Estate
Dalfen Inks 101 KSF Lease at West Palm Beach Industrial Facility
Dalfen Industrial has signed a 101,000-square-foot lease at its Turnpike Logistics Center in West Palm Beach, Fla., with National Millwork.
2 Minute
Real Estate
San Francisco Office Deals Slowest Among Gateway Markets
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
7 Minute
Real Estate
NASA Lifts Off With New Tenant for Houston R&D Campus
An aerial view of the Johnson Space Center, with the undeveloped portion visible to the bottom-left. Image courtesy of NASA
4 Minute
Real Estate
DWS Inks Long-Term Office Renewal in Fort Lauderdale
Las Olas Centre I was completed in 1997 and is LEED Gold certified. Image courtesy of Stream Realty Partners Las
2 Minute
Real Estate
Menlo Equities Secures Full-Building Tenant in Metro DC
Menlo Equities upgraded the amenity package at 4807 Stonecroft Blvd. Image courtesy of Stream Realty Partners Menlo Equities upgraded the
2 Minute
Real Estate
CBRE Investment Management’s CRE Outlook
Josh Stoffregen-Foye, global head of media relations for CBRE Investment Management moderates a discussion between Richard Barkham, Shane Taylor, Larissa
5 Minute
Real Estate
North River Leerink Inks 76 KSF Life Science Lease
North River Leerink, a joint venture between North River Co., and Leerink Development, has landed a 76,000-square-foot lease at 100
2 Minute
Real Estate
Montecito Medical Expands With Richmond Acquisition
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
2 Minute
Real Estate
Sustainability Street: A Bigger and Better BREEAM
Breana Wheeler Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we
1 Minute
Real Estate
Lovett JV Buys Richmond-Area Industrial Park
Diamond Hill Distribution features activatable rail spurs and rail doors. Image courtesy of Lovett Industrial Diamond Hill Distribution features activatable
2 Minute
Real Estate
A New Climate Agenda for CRE
Mahesh Ramanujam, CEO, Global Network for Zero. Image courtesy of Global Network for Zero That 2023 was a tremendous year
6 Minute
Real Estate
Molto Properties Inks Full-Building Lease in West Houston
Barker Cypress Distribution Center came online in 2022. Image courtesy of Colliers Barker Cypress Distribution Center came online in 2022.
2 Minute
Real Estate
CRE Sees Success With Studios
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
2 Minute
Real Estate
Hammes Completes Bay Area MOB
Silicon Valley Surgery Center is some 8 miles south of downtown San Jose. Image courtesy of Hammes Silicon Valley Surgery
2 Minute
Real Estate
Starwood Capital Group Appoints New President
Jonathan Pollack will serve as president at Starwood Capital Group starting next year. Image courtesy of Starwood Capital Group Jonathan
2 Minute
Real Estate
Seyfarth’s 2024 CRE Survey: Opportunities and Challenges
The overwhelmingly positive sentiments around commercial real estate investment from Seyfarth’s latest survey. Chart courtesy of Seyfarth Shaw LLP The
5 Minute
Real Estate
CPE Executive Council: Which Asset Classes Will See the Most Investment & Development?
Office? Industrial? Data centers? When it comes to asset classes, CRE investors and developers have a a lot of options.
2 Minute
Real Estate
Denver-Area Industrial Asset Changes Hands
Commerce Square is in the heart of the I-70 East submarket, which accounts for more than 40 percent of the
2 Minute
Real Estate
6.5 MSF Bay Area Project Gets City Nod
The Rise will include nearly 2 million square feet of office space. Image courtesy of Sand Hill Property Co. The
3 Minute
Real Estate
TerraCap Sells Phoenix Flex Campus for $38M
Koll Cotton Center features 78,400 square feet of office space and more than 150,000 square feet of industrial space. Image
3 Minute
Real Estate
Lightstone JV Pays $79M for Pennsylvania Facility
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
2 Minute
Real Estate
KBS Sells Nashville-Area Office Building
Boyle Investment Co. has acquired The McEwen Building in Franklin, Tenn. Image courtesy of Boyle Investment Co. Boyle Investment Co.
5 Minute
Real Estate
Crescent Communities Wraps Up Greenville Industrial Campus
AXIAL Crosspoint consists of three industrial facilities totaling 558,000 square feet. Image courtesy of Crescent Communities AXIAL Crosspoint consists of
2 Minute
Real Estate
Kearny Preps for Orange County Industrial Project
The finished Harbor Logistics Center, which will be built at the site of a former office campus. Image courtesy of
3 Minute
Real Estate
DRA Advisors JV Secures $55M for Philly Shopping Center
Quartermaster Plaza came online in 2004 on some 44 acres. Image courtesy of JLL Capital Markets Quartermaster Plaza came online
2 Minute
Real Estate
ESRT Adds 57 KSF Tenant at Manhattan Tower
One Grand Central Places went through an $85 million capex program in 2008. Image courtesy of Empire State Realty Trust
3 Minute
Real Estate
How Poor Performance Can Aid Property Tax Appeals
Baker Jarrell Property taxes are an ongoing headache for many commercial real estate owners, especially when their properties generate inadequate
5 Minute
Real Estate
Why CRE’s High Rate Environment Presents Opportunities For Some
Over the last two years, interest rates headed in one direction: up. Back in January 2022, the Federal Funds Effective
3 Minute
Real Estate
3 Sectors for Savvy Investors to Watch
Hans Nordby Volatility in financial markets, interest rate uncertainty and persistently high inflation dampened investor appetite for real estate in
5 Minute
Real Estate
Ivanhoé, Hines Welcome Pinterest at Chicago Campus
Rendering of the improved two-building office campus, currently undergoing a $75 million redevelopment strategy. Image courtesy of Hines Rendering of
3 Minute
Real Estate
How Reshoring Is Driving Industrial Real Estate Demand
The ongoing reshoring of U.S. manufacturing jobs will continue to drive industrial real estate development, according to a new report
4 Minute
Real Estate
Remedy Medical Adds 145 KSF to MOB Footprint
8726 U.S. Highway 42, located in Florence. The multi-specialty office is the largest in the portfolio. Image courtesy of CBRE
3 Minute
Real Estate
New WeWork Suitor Emerges – Commercial Property Executive
Potential bidders are eyeing WeWork and its footprint, which includes this 44,313-square-foot space at 250 E. 200 South in Salt
3 Minute
Real Estate
North Signal JV Inks Full-Building Lease in Jacksonville
The 1000 Imeson Park Blvd. facility is across the street from one of RoadOne’s existing operations in Jacksonville, Fla. Image courtesy
2 Minute
Real Estate
Realterm Expands IOS Portfolio With Northeast Purchase
One of the facilities that were part of Realterm’s $1.2 billion recapitalization of a national 61-asset IOS portfolio. Image courtesy
3 Minute
Real Estate
Sabal JV Pays $48M for Seattle Office Asset
The office buildings at 1000 and 1100 Dexter Ave. sold for $213 per square foot. Image courtesy of Sabal Investment
2 Minute
Real Estate
Crosspoint JV Sells Publix-Anchored Shopping Center
Public has been anchoring Palm Plaza since the property’s completion. Image courtesy of Colliers Public has been anchoring Palm Plaza
2 Minute
Real Estate
Sterling Investors Buys 2 Texas Facilities
CentrePort 2 is a 2017-completed, Class A warehouse. Image courtesy of JLL CentrePort 2 is a 2017-completed, Class A warehouse.
3 Minute
Real Estate
Edged Energy Makes US Data Center Debut With 4 Projects
Located close to downtown, Edged Atlanta features 168 MW of critical capacity. Image courtesy of Edged Energy Edged Energy, an
2 Minute
Real Estate
Bob Knakal Leaves JLL – Commercial Property Executive
Bob Knakal, former Chairman of New York investment sales at JLL. Image courtesy of Cushman & Wakefield Bob Knakal, former
2 Minute
Real Estate
Madison Marquette Sells Dallas-Area MOB
Baylor Irving MOB III is less than 13 miles from downtown Dallas. Image courtesy of CBRE U.S. Healthcare Capital Markets
2 Minute
Real Estate
Industrial Sector Set for 2024 Transformation
The industrial sector—which has been on a hot streak for several years—experienced a significant cooling-off in 2023. As we look
3 Minute
Real Estate
Clarion Partners Sells Boston-Area Shopping Center
Completed in 2002, Brookside Shops is anchored by Trader Joe’s. Image courtesy of Institutional Property Advisors Completed in 2002, Brookside
2 Minute
Real Estate
Clarion, Seefried Break Ground on Tampa-Area Project
Clarion Partners and Seefried Industrial Properties started construction on Park 4 Logistics Center. Image courtesy of Avison Young Clarion Partners
3 Minute
Real Estate
Green Courte Partners Enters IOS Sector With DFW Purchase
The company entered the IOS sector, that is continuing to gain popularity. Image by Marcin Jozwiak via pixabay.com The company
2 Minute
Real Estate
Big 12 Conference to Relocate Texas HQ
Williams Square comprises four buildings totaling some 1.4 million square feet. Image courtesy of Cushman & Wakefield Williams Square comprises
2 Minute
Real Estate
What Workers Want Now in Office Design
Out—executive offices and meeting rooms. In—open floorplans and lounge space. Those are among the takeaways in WeWork’s first Global Office
4 Minute
Real Estate
Crow Holdings Completes New Jersey Industrial Redevelopment
25 Market Street is on the former site of a 90-year-old Marcal Paper warehouse. Image courtesy of Crow Holdings 25
2 Minute
Real Estate
St. John Properties Inks Suburban Salt Lake HQ Lease
The tenant is relocating its headquarters at Valley Grove III’s top floor. Image by Grace Oldroyd, courtesy of St. John
3 Minute
Real Estate
Convene to Open New Location in Manhattan
5 Times Square rises 37 stories in Midtown Manhattan. Image courtesy of CommercialEdge 5 Times Square rises 37 stories in
2 Minute
Real Estate
Investment Matters: Net Lease and Technology Innovator
Camille Renshaw has closed upward of $30 billion in deals, but she got her start in commercial real estate after
2 Minute
Real Estate
First Interstate Properties Sells Cleveland Industrial Campus
First Interstate Properties has sold Shoreway Commerce Park, a 445,682-square-foot industrial campus in Cleveland. Caspian Group acquired the asset for
2 Minute
Real Estate
ESRT Signs Full-Floor Lease at Manhattan High-Rise
ESRT bought the asset in the same deal that involved the Empire State Building, in 2013. Image courtesy of Empire
3 Minute
Real Estate
Greener Pastures Ahead for NYC
“Looking in the rearview mirror, we’re leaving a disaster zone,” Shimon Shkury, president & founder of Ariel Property Advisors, said
3 Minute
Real Estate
Capital Ideas: How the Fed Is Helping Thaw the Freeze
Therese Fitzgerald The day after Fed Chair Jerome Powell appeared on 60 minutes to repeat his message that FOMC committee
5 Minute
Real Estate
Arvato Expands in Louisville With 970 KSF Warehouse
The facility has several automation features, including Stretch robots from Boston Dynamics. Photo courtesy of Arvato The facility has several
3 Minute
Real Estate
Triten Buys 535 KSF Houston Industrial Portfolio
Barsan Global Logistics is the sole tenant at Port 146. Image courtesy of Triten Real Estate Partners Barsan Global Logistics
3 Minute
Real Estate
Macerich Appoints President & CEO
Jackson Hsieh has been appointed president & CEO of The Macerich Co. Image courtesy of RealShare Net Lease Jackson Hsieh
2 Minute
Real Estate
Mercalis Renews Raleigh-Area HQ Lease
The three-story office building came online in 2008. Image courtesy of Mapletree The three-story office building came online in 2008.
2 Minute
Real Estate
Stockbridge JV Sells Inland Empire Outdoor Storage Assets
446 S Yucca Ave., located in Rialto. Image courtesy of JLL A joint venture between Stockbridge Capital Group and Dedeaux
2 Minute
Real Estate
Pacific Oak Taps Transwestern to Lease Austin Portfolio
Great Hills Plaza is currently undergoing a full-building capital renovation. All images courtesy of Transwestern Real Estate Services Park Centre
3 Minute
Real Estate
Hines Eyes 1.2 MSF Houston Distribution Center
The property at 201 Freedom Drive in Roanoke, Texas, is one of Grainger’s facilities. Image courtesy of CommercialEdge The property
2 Minute
Real Estate
Related’s $8B Project Swaps 4 MSF of Office for Industrial
After a decade of planning and approvals, Related Cos. is seeking to change the mix of uses at Related Santa
4 Minute
Real Estate
CenterPoint Signs 330 KSF Chicago-Area Industrial Lease
CenterPoint’s property has access to rail, which was an essential criteria for the new tenant. Image courtesy of NAI Hiffman
2 Minute
Real Estate
Driving Retail Property Success With AI
News about Artificial Intelligence has become inescapable over the last year thanks to ChatGPT and a wave of similar applications.
5 Minute
Real Estate
Unilev Capital Starts Southeast Expansion With Atlanta Acquisition
The light industrial portfolio is situated within Atlanta’s Northlake Chamblee submarket. Image courtesy of JLL The light industrial portfolio is
2 Minute
Real Estate
PEG Development Inks Utah Office Lease
Zions Tower is an eight-story Class A office building in the Orem Provo submarket. Image courtesy of CommercialEdge Zions Tower
2 Minute
Real Estate
Cause for Optimism on the Tech Front
With the start of 2024, I’ve had a chance to reflect on conversations with real estate leaders over the last
4 Minute
Real Estate
Brookfield Opens Two Manhattan West
Two Manhattan West was completed in July 2023. Image by Dave Burk, courtesy of Skidmore, Owings & Merrill The developer
3 Minute
Real Estate
Foundry Breaks Ground on 510 KSF Jacksonville Logistics Park
IGP 95/Logistics Park is the first major industrial development to be built in the area. Image courtesy of Miller Construction
2 Minute
Real Estate
Extra-Large Warehouse Leasing Slows Down
“We saw unprecedented supply chain disruptions during the pandemic, forcing occupiers to hold more inventory than they would have previously”
4 Minute
Real Estate
Industrious Expands Austin Coworking Footprint
Industrious at 3rd & Congress opened at 301 Congress Ave., PGIM’s 22-story Class A office building in Austin, Texas. Image
2 Minute
Real Estate
Coworking Trends to Keep an Eye On in 2024
Workbox currently operates eight coworking spaces throughout Chicago; Columbus, Ohio; Minneapolis and Salt Lake City. Image courtesy of Workbox Workbox
10 Minute
Real Estate
Terreno Realty Begins $64M Redevelopment in Los Angeles
Terreno Realty Corp. has begun work on the $64 million redevelopment of 1855 W. 139th St., a 231,000-square-foot industrial property
2 Minute
Real Estate
Empire State Building Lands Full-Floor Lease
Empire State Building underwent a $650 million capital improvement program. Image courtesy of Empire State Realty Trust Empire State Building
3 Minute
Real Estate
Fisher Brothers Signs 95 KSF Expansion in Manhattan
Fisher Brothers renovated Park Avenue Plaza in 2015 and achieved LEED and WELL certifications. Image courtesy of CommercialEdge Fisher Brothers
2 Minute
Real Estate
Northpath Spends $26M for DC Retail Center
Northpath Investments has purchased Metro Shops, a 160,623-square-foot retail center in Hyattsville, Md. Washington Metropolitan Area Transit Authority sold the
2 Minute
Real Estate
Sustainability Street: The Rapidly Rising Role of ESG
Uma Moriarity, Global ESG Lead, CenterSquareInvestment Management. For investors, an understanding of environmental, social and governance considerations has quickly gone
1 Minute
Real Estate
Capstar JV to Develop 757 KSF Dallas Facility
The 756,668-square-foot distribution center is already fully leased. Image courtesy of JLL Capital Markets The 756,668-square-foot distribution center is already
2 Minute
Real Estate
Meta Reveals Pick for $800M Project Site
Meta’s new data center in Jeffersonville, Ind., is scheduled to start operations in 2026. Image courtesy of Meta Platforms Meta
3 Minute
Real Estate
PowerHouse Eyes 800MW Data Center in NoVa
A rendering of the future PowerHouse 95 Data Center. Image courtesy of PowerHouse Data Centers Less than one week after
3 Minute
Real Estate
Rising Insurance Costs and the Power of Risk Management
The real estate market will continue its tumultuous ride heading into 2024. Escalating business costs, weather-related catastrophes, high interest rates,
5 Minute
Real Estate
HTZ Investments Sells Houston Office Asset
The Westchester is part of the West Houston neighborhood. Image courtesy of JLL The Westchester is part of the West
2 Minute
Real Estate
Enter the 2024 CPE Influence Awards
We’re ready to honor your achievements! The 2024 CPE Influence Awards recognize the commercial real estate industry’s most noteworthy properties,
1 Minute
Real Estate
San Francisco Industrial Asset to Become Shelter
The City of San Francisco has signed a 98,000-square-foot lease with LB Stone Properties Group at 2177 Jerrold Ave., a
2 Minute
Real Estate
CREFC Survey Points to Notable Shift in Industry Sentiment
Lisa Pendergast, Executive Director, CREFC. Image courtesy of CREFC Lisa Pendergast, Executive Director, CREFC. Image courtesy of CREFC Lisa Pendergast,
3 Minute
Real Estate
Alterra Acquires 17 IOS Properties in 14 States
Alterra IOS, a leader in the industrial outdoor storage sector, has acquired 17 properties in a sale-leaseback deal with TruGreen,
4 Minute
Real Estate
Jeffrey DeBoer Reflects on Changing CRE Advocacy Forever
Jeffrey DeBoer, Founding President & CEO of The Real Estate Roundtable, accepts the CPE Influence Awards’ inaugural lifetime achievement award
5 Minute
Real Estate
AmTrust Secures 2 Renewals at Chicago Office Building
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
3 Minute
Real Estate
Tesla Enters South Carolina With Warehouse Lease
Tesla will conduct regional distribution services from this Class A facility. Image courtesy of Greenville Area Development Corp. Tesla will
3 Minute
Real Estate
Brennan Investment Expands Cincinnati Industrial Portfolio
The property was previously owner occupied. Image courtesy of CommercialEdge The property was previously owner occupied. Image courtesy of CommercialEdge
2 Minute
Real Estate
Triple BAR Group Buys 543 KSF Retail Portfolio
Given its location, the Monroe Street portfolio got significant investor interest. Image courtesy of JLL Capital Markets Given its location,
2 Minute
Real Estate
Travelers Insurance to Relocate Baltimore-Area Office
Travelers Insurance has signed a lease with MacKenzie Cos. to occupy 65,214 square feet at 10 North Park in Hunt
2 Minute
Real Estate
CPE Announces 2023 Influence Award Winners
On Jan. 18th, Commercial Property Executive hosted its annual Influence Awards ceremony, which honored the year’s most notable developments, deals,
3 Minute
Real Estate
Rethinking CRE Risk & Return in 2024
David Frosh In the course of 2023, economists and stock market analysts found themselves notably off the mark in their
4 Minute
Real Estate
Capital Market Trends That Will Shape 2024
George Mitsanas One of the best markets for commercial mortgage bankers in modern history lasted for more than a decade
8 Minute
Real Estate
Silverman Group Taps Range Commercial to Lease 3.3 MSF Project
Range Commercial Partners has been tapped to oversee the leasing efforts at Crosspointe Logistics Center. Image courtesy of Range Commercial
2 Minute
Real Estate
$1.2B Mixed-Use Development to Break Ground Near Orlando
One of the residential buildings that will be part of the 215-acre Wyld Oaks. Image courtesy of Evans Properties One
3 Minute
Real Estate
ATCO Secures New Tenant at Manhattan Tower
381 Park Ave. S. comprises 228,000 square feet of space. Image courtesy of CommercialEdge 381 Park Ave. S. comprises 228,000
2 Minute
Real Estate
DRA Advisors, Rising Realty Buy Industrial Portfolio
DRA Advisors and Rising Realty Partners have purchased an industrial portfolio totaling 531,308 square feet in Tracy and Stockton, Calif.
2 Minute
Real Estate
Link Logistics, LaSalle Expand Phoenix Industrial Holdings
The 2015-completed Canal Crossing Logistics Center is 5 miles from Phoenix Sky Harbor International Airport. Image courtesy of Cushman &
3 Minute
Real Estate
Woodside Enters Arizona With Office Deal
Talavi Corporate Center underwent renovations in 2014. Image courtesy of Newmark. Talavi Corporate Center underwent renovations in 2014. Image courtesy
2 Minute
Real Estate
Alterra, ConGlobal Partner on Outdoor Storage Portfolio
The core aspect of the IOS business is an imbalance between supply and demand, according to Matthew Pfeiffer, Managing Partner
4 Minute
Real Estate
Celera Properties JV Completes 1st Phase of Boston Life Science Redevelopment
The redeveloped 600 Federal Street. Image courtesy of CBRE The redeveloped 600 Federal Street. Image courtesy of CBRE The redeveloped
3 Minute
Real Estate
CPE Polls Are Now on LinkedIn!
Logo courtesy of LinkedIn Commercial Property Executive’s reader polls are now being posted bi-weekly on LinkedIn. We want to hear
1 Minute
Real Estate
Venture One Buys Chicago-Area Industrial Portfolio
The warehouse at 609 S. Kirk Road encompasses nearly 505,000 square feet. Image courtesy of Venture One The warehouse at
2 Minute
Real Estate
Poll Results: 2024’s Top Challenges for CRE
Commercial Property Executive’s final reader poll of 2023 asked respondents to identify their biggest challenges going into the new year.
2 Minute
Real Estate
Breakthrough Acquires Majority Stake in $236M Life Science Campus
The development of the Callan Ridge campus began in 2021. Image courtesy of Breakthrough Properties The development of the Callan
3 Minute