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Penzance Breaks Ground on New Amazon Data Center
The new AWS facility will deliver roughly 240,000 square feet of Northern VIrginia commercial real estate dedicated to data center use designed for hyperscale demand and high energy efficiency.
Alo Yoga Lands New Beverly Hills Headquarters in $90 Million Deal
Alo Yoga paid $90 million for the 82,886-square-foot La Peer Building, in Beverly Hills. The acquisition sets a new benchmark for the city, working out to approximately $1,085 per square foot to make it Beverly Hills’ highest price-per-square-foot office transaction this year — and by a significant margin.
First Citizens Bank Expands Bay Area Footprint
The office building at 667 Mission St., offers some of the best situated office space in San Francisco and features one of the very few rooftop gardens in the city’s dowtown.
Northern California Industrial Property Secures $67 Million Refinance
A recently constructed industrial space in San Joaquin County, Calif., known as Lathrop II, has been refinanced with a $66.7 million loan closed by Affinius Capital LLC.
The mortgage is in the name of a joint venture composed of Phelan Development and LaSalle. The property encompasses 847,000 square feet across two warehouses.
Understanding Class A, Class B and Class C Office Buildings
Key Takeaways Subjective Standards: Office classes are relative to the local market; a “Class A” building in a suburb may only rank as “Class B” in a major…
November 2025 Industrial Report: Smaller-Scale Industrial Properties Prove Resilient
Smaller industrial properties are being built at close to the same pace as during the height of speculative development in 2022-2023. While properties sized 100,000 square feet and above still outnumber them, development of these larger-scale properties has fallen by approximately 50%, indicating that investors and occupiers see value in smaller, well-positioned properties with modern amenities.
Broe Group Kicks Off Phase 2 of Denver Office Project in Cherry Creek
Submarkets like Cherry Creek inspire confidence in developers building up new office projects, while downtown Denver office assets sell at a discount.
Amazon Buys Up Land for Data Center Development in Massive, $700 Million Deal
Amazon acquired a significant parcel of land in northern Virginia’s Prince William County. The company purchased the site, which is zoned for data center use, from Stanley Martin Homes for a reported $700 million.
Construction Pipelines Remain Sluggish as Office Utilization Patterns Continue to Settle
There’s more to this high vacancy and slow construction pipeline than the effects of hybrid office utilization. Read the highlights and insights on industry trends in our full monthly U.S. office markets report.
What Is LEED Certification for Commercial Properties?
Key Takeaways The Gold Standard: LEED is the most widely recognized rating system for building sustainability, now governed by the LEED v5 framework. Triple Bottom Line: Certification focuses…
