Commercial Real Estate News
Your go-to source for news in the commercial real estate industry, covering all property types and asset classes across the most sought-after markets in the U.S. Stay up to date with news about notable lease deals and the newest sale transactions, recent ground-up construction, as well as redevelopment projects, and more.
Cabot Properties Snaps Up Major Inland Empire Industrial Portfolio
Cabot Properties has acquired a four-property industrial portfolio in southern California’s Inland Empire for $202 million. The portfolio, totaling nearly 670,000 square feet, was previously owned by an affiliate of Blackstone’s Link Logistics.
Joint Venture Acquires Springfield Commons Shopping Center
The property includes roughly 120,000 square feet of suburban Washington, D.C., retail space and was nearly 80% leased at the time of purchase. Its new owners expect to bring leasing to nearly 100% in the short term.
Q3 2024 Industrial Ranking Report: Phoenix Nabs #1 With Strong Pipeline & Deliveries
Our ranking report of U.S. industrial markets in Q3 2024 ranked top locations by rent growth, vacancies, online search interest and more.
CoreWeave Leases Kenilworth Lab Space for Data Center Conversion
CoreWeave, with assistance from the property owner and the local electricity utility, will work to transform the 11NEST building at the Northeast Science & Technology Center in Kenilworth, N.J., into a state-of-the-art data center facility to support the innovative biotech community in the region.
TRG Development & Grandview Partners Secure $100M Loan for Dallas Industrial Park
Grandview Partners and TRG Development obtained nearly $100 million in financing for Core45, a 1.64-million-square-foot industrial park in Wilmer, Texas. Benefit Street Partners provided the loan that will be used to refinance existing debt acquired by the property in December 2021.
Best Spots to Work Remotely in Chicago
Renowned for its architectural marvels, deep-dish pizza and dynamic cultural scene, Chicago is a thriving hub for professionals of all types. Whether you’re a freelancer, entrepreneur or someone…
CIM Group Forecloses on Manhattan Boutique Office Owned by Arch Companies
CIM Group — a real estate lender, developer and operator — has foreclosed on an Arch Companies-owned boutique office space in Manhattan. This action follows months of turmoil for Arch, including internal disputes and financial difficulties.
Miami Office Tower Changes Hands in Historic Sale
The commercial property changed hands in an all-cash transaction that was one of the biggest sales to close in the state of Florida, to date.
Top 10 Texas Cities Supporting Remote & In-Office Work: The Best of Both Worlds
Rockpoint Sells Stake in San Diego Business Park
Rockpoint has sold its stake in the San Diego business park located in the submarket of Otay Mesa on Sanyo Avenue to acquisition partner Badiee Development, marking the third investment this joint venture handled together.
