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Mark IV Capital Names Evan Slavik as New CEO
Mark IV Capital, a Newport Beach, CA-based commercial real estate investment firm, has appointed long-time President Evan Slavik ...
Amazon Bucks Trend, Pays $238M for Santa Clara Factory
While many major tech companies have been cutting back on real estate holdings, including online retail giant Amazon, the company...
New Rialto Industrial Project Secures $25M Construction...
JLL Capital Markets has arranged $24.93 million in construction financing for the development of Rialto II, a 114,000-square-foot...
Sares Regis Makes Two Key Promotions in San Mateo
Bay Area-based real estate developer and manager Sares Regis Group of Northern California (SRGNC) has made a pair of executive pr...
SENTRE Acquires Parkway Commerce Center in Poway
JLL Capital Markets has arranged the sale and financing of Parkway Commerce Center, a multi-tenant industrial park totaling 148,0...
Palladium USA Looking to McKinney for Next Multifamily ...
A multifamily-style affordable housing project is coming to McKinney after a rezoning request was approved by McKinney City Counc...
Pflugerville Scores New Hobby Lobby, H-E-B
Pfluegerville will be the location for two large, established retailers. Hobby Lobby has started work on a new store next to Pflu...
PORT 32 Marinas Acquires Lighthouse Point Marina Near H...
Charleston, SC-based PORT 32 Marinas, LLC, an owner, operator, developer and acquirer of dry and wet slip coastal marina assets, ...
Harris County Fair and Rodeo Find New Digs in Cypress
The Harris County Fair & Rodeo and Fair has found new digs…165 acres at Telge and Grand Parkway in Cypress. Besides being home to...
$85M Life-Style Rental Community Coming to Mesa
Talos Holdings started work on a “new” multifamily luxury rental community in East Mesa. The developer says the individualized li...
Wells Fargo Center Blocks Off 101SF for New Tenant Kase...
Commercial real estate services firm Cushman & Wakefield has arranged a new long-term office lease totaling 101,000 square feet a...
Walton Global Hopes to Bring a Once-Revered Paradise Va...
In its heyday, the Smoke Tree Resort in Paradise Hotel was a getaway retreat for the rich and famous. Now, the abandoned hotel in...
Medical City Arlington Planning Major Expansion
Medical City Arlington launched a major project that will include a new patient tower, more patient beds, and other renovations. ...
Johnstone Supply Turns Up the Heat in 56K SF at First N...
National HVACR wholesale distributor Johnstone Supply has leased 875 Holt Avenue, a 55,575-square-foot building in Manchester, NH...
Vision Properties Buys Herndon Office with $61M Acquisi...
Vision Properties has purchased South Lake at Dulle Corner Business Park, a 270,000-square-foot, Class A office building located ...
Boston Industrial Rallies to End 2022 with 12% Rent Inc...
Greater Boston’s industrial market closed out 2022 with consistently strong fundamentals despite facing significant macroeconomic...
Urban Network Capital Group Buys $9M Miami Assemblage f...
Miami, FL-based Urban Network Capital Group has acquired three parcels on 3rd Avenue in Miami’s Brickell neighborhood for $8.5 mi...
Winstanley Enterprises Appoints Alison Lies to EVP Role
Concord, MA-based commercial real estate development and investment firm Winstanley Enterprises has hired Alison Lies as EVP. In ...
NEI General Contracting Completes Affordable Senior Com...
Boston, MA-based NEI General Contracting, a privately held company committed to affordable housing, has completed construction of...
MuskVille May Become Texas’s Next City
Recent reports indicate groups associated with Elon Musk have bought thousands of acres of land about 35 miles outside of Austin....
McKinney’s District 121 Site for Boutique Hotel
It’s not quite a sure thing, but getting close. Archstreet McKinney is looking to build an upscale, boutique 102-room hotel in th...
BlackRock Renewal at 701 Brickell Brings Nuveen Real Es...
Commercial real estate services firm Cushman & Wakefield has arranged a 5,103-square-foot lease renewal with BlackRock, the world...
HSA Commercial Real Estate to Bring 482K-SF Industrial ...
Chicago, IL-based HSA Commercial Real Estate has entered the Southeast region with the groundbreaking of a 481,933-square-foot sp...
Ice Cream Manufacturer Scoops Lease for 16K-SF Industri...
New England Ice Cream Corporation has leased a 15,571-square-foot industrial building on two acres in Haverhill MA at 125 Ward Hi...
Longpoint Specialty Grocer Fund 1 Exceeds Target with $...
Boston, MA-based real estate investment company Longpoint has closed its Longpoint Specialty Grocer Fund I with $225 million in c...
CBRE Facilitates the $4M, Off-Market Sale of Lithia Spr...
CBRE has brokered the $4-million sale of Thornton Promenade, an 18,900-square-foot shopping center located in Lithia Springs, GA....
Legacy Kentucky Horse Farm with 2,300 Subdividable Acre...
An iconic, 2,300-acre horse farm in Lexington, submarket of Paris, KY is headed for auction. Buyers of Adena Springs Farm propert...
JLL Brokers Sale of 793K-SF Rock Hill Commerce Center P...
JLL has brokered the sale of Rock Hill Commerce Center Phase 1, two fully leased industrial buildings totaling 792,081 square fee...
Partners to Build $50M Orthopedics Medical Complex with...
ORTHOVIRGINIA, a VA-based orthopedic practice, is partnering with real estate investment and asset management company LINGERFELT ...
Cushman & Wakefield | Thalimer Brokers $22M Sale of Sev...
Richmond, VA-based Cushman & Wakefield | Thalhimer has represented the seller in the $21.8-million disposition of an industrial p...
Northmarq Arranges First-Time Sale of Kansas City Multi...
Northmarq’s Midwest investment sales team of Gabe Tovar, Jeff Lamott, Parker Stewart and Dominic Martinez arranged the sale of Ti...
Integrated Marketing Company Makes Move to Mountain Lak...
NAI James E. Hanson negotiated a lease for 22,224 square feet of industrial space at 333 Route 46 in Mountain Lakes, NJ. The firm...
ATCO Secures Lease Renewals in Midtown, Midtown South
ATCO Properties & Management said that three of its current office tenants – SimpleBet, Electra Information Systems and All Nippo...
NewMark Merrill Brings Retailer Burlington to Bloomingd...
NewMark Merrill Companies, Inc. said that Burlington has opened a 27,726-square-foot store at Stratford Crossing shopping center,...
Alexander’s REIT Under Contract to Sell Rego Park Land ...
Alexander’s, Inc. has entered into an agreement to sell the Rego Park III land parcel adjacent to its Rego Park II shopping cente...
Former Headquarters for The Wing Goes Up for Sale
Cushman & Wakefield has been retained to market 137 Second Ave., a 15,052-square-foot office or residential conversion property, ...
Chicago Planning & Development Shortlists Three Proposa...
The Chicago Department of Planning and Development (DPD) has shortlisted three proposals to rehabilitate a vacant, 571,476-square...
West Village’s Historic Cherry Lane Theatre Sells to Pa...
Taurus Investment Holdings, LLC and global entertainment company A24 have completed the acquisition of Cherry Lane Theatre, the o...
Ravenswood Apartments Change Hands After 50-Year Hold
Interra Realty brokered the sale of a 27-unit multifamily property in Chicago’s Ravenswood neighborhood. The building sold for $5...
Sterling Bay Tops Out Construction on Its First Fulton ...
Sterling Bay celebrated the structural completion of 160 N Morgan, a residential building in Fulton Market. A topping-out event w...
Ralph Lauren Inks Lease Expansion at LIC’s The Factory...
Newmark secured a 54,602-square-foot lease expansion on behalf of a joint venture between Atlas Capital Group , Partners Group, a...
2024 Federal Budget Includes $350M Capital Grant for CT...
The Biden administration’s 2024 budget proposal includes a $350-million capital grant toward extending the Chicago Transit Author...
USAA Real Estate, Square Mile Combine Platforms as Affi...
USAA Real Estate and Square Mile Capital have integrated their two investment management platforms under a new corporate brand na...
Hayes Co. Signs 900,000 Square Foot Lease in Forney
Third-party logistics provider Hayes Co. has signed a 900,000-square-foot industrial lease at Forney Logistics Crossing, located ...
The CRE Macro Outlook: Bad News, Good(ish) News
As mentioned in another Weekender article, commercial real estate’s financial side is taking a hit. Added to this, analysts brush...
Report: Cap Rate Increases and Cautious Lenders
Market activity is declining. There are fewer bidders and wider bid-ask spreads on properties. Cap rate decompression is ongoing....
Striving for the “Social” in ESG
The commercial real estate industry has been heavily dedicated to incorporating environmental, social and governance activities –...
Mall Stats Drag in February—But Don’t Push the Panic Bu...
Mall numbers for February 2023 were anticipated to build on January 2023’s strong showing. But according to Placer.ai’s Mall Inde...
Summit Bank Acquires Redmond Building as Future Branch
Summit Bank, a Eugene, OR-based independent community bank serving professionals and businesses, has acquired a new building in R...
Sunstone Properties and Two Tree Capital Combine Forces
Multifamily owner and operator Sunstone Properties Trust and single-family build-to-rent developer and operator Two Tree Capital ...
World Logistics Center Will Finally Break Ground in 202...
It’s taken 11 years and gone through several lawsuits, but the massive 2,600-acre, 40.6-million-square-foot World Logistics Cente...
NBBJ Appoints McConnell & Mankin to Key Leadership Role...
Seattle-based architecture and design firm NBBJ has elevated Managing Partner Steve McConnell, FAIA, to Board Chair and named Rob...
MetroGroup Secures $11M Bridge Loan for OC Retail Cente...
Newport Beach, CA-based commercial mortgage banking firm MetroGroup Realty Finance has secured a $10.6 million bridge loan for a ...
Newmark Arranges $36.5M Sale of Duarte Shopping Center
The Gerrity Group has completed the disposition of Buena Vista Marketplace, a 92,000-square-foot, grocery-anchored shopping cente...
Mat Gates Appointed President of Erickson-Hall
Escondido, CA-based Erickson-Hall Construction Company has appointed Mat Gates, Certified Construction Manager (CCM) and LEED Acc...
Shopoff Buys Stoneridge Nordstrom for Possible Housing ...
The changing face of Stoneridge Mall continues as Shopoff Realty Investments and JV partners Praelium Commercial Real Estate and ...
Greenpoint Partners Launches Truck and Trailer Storage ...
Greenpoint Partners is a New York investment group, with an affinity for Texas. It has launched a $500 million truck and trailer ...
Tucson-Based Developer HSL Building Marana BTR Communit...
HSL Properties has paid $25,000 a lot for an entitled 50 acre parcel in Marana, Arizona, just outside Tucson. The total purchase ...
Dallas’s Pegasus Park to Add 135,000 SF Lab
A new 135,000-square-foot lab and office building may be coming to the Biotech+ Hub at Pegasus Park. The two-story expansion—Brid...
Top Dallas-Based Industrial Producer Moving from CBRE t...
Jack Fraker has received the Lifetime Achievement Award from the Dallas Business Journal and the Stemmons Service Award from the ...
Hill Country town Kerrville Could See Up to 700 New Res...
The town of Kerrville has agreed to accept the conditions a Dallas developer needs to get working on a 240-acre, multifamily and ...
Endeavor Looking at Another Downtown Austin Venture
Endeavor Real Estate Group is no stranger to Austin. The developer of several high-profile Austin projects, is looking at a site ...
Premium King Soopers to Open in N Denver Suburb
The next King Soopers Marketplace to open in Colorado will be located on the northern edge of the Denver metro area. The Marketpl...
$35M East Point Workforce Community is Crown Bay Group’...
Atlanta, GA-based real estate investment and asset management firm Crown Bay Group, LLC has purchased Cameron Run, a 284-unit wor...
St. John Properties Promotes Gavin Mauzy to Project Man...
Ashburn, VA-based St. John Properties, Inc. has promoted Gavin Mauzy to project manager, interior construction for the company’s ...
Bellwether Enterprise Real Estate Capital Secures $12M ...
Bellwether Enterprise Real Estate Capital, LLC, a commercial and multifamily mortgage banking company, has closed on loan deals t...
LandQwest Names Daniel Butts to Newly Created President...
Maitland, FL-based LandQwest Commercial has named Daniel Butts as president, a newly formed role for the commercial real estate b...
Columbia Residential Secures $49M for Tallahassee Affor...
Columbia Residential, a partner of the Tallahassee Housing Authority, has secured $49 million in financing to construct an afford...
Historic Mission Chapel in Worcester to Transform into ...
MassDevelopment has partnered with Bay State Savings Bank to provide over $3.1 million in loan financing to Mission on Summer to ...
Port 32 Marinas in Charleston Berths Austin Schell as C...
Charleston, SC-based PORT 32 Marinas, LLC has appointed Austin Schell as CEO of PORT 32 and as a member of the company’s board of...
Cambridge Maintains Title as Nation’s Most Expensive Of...
For the second year in a row, Cambridge, MA has claimed the top spot as the nation’s most expensive submarket for office space wi...
ECI Group Welcomes Suzy Alford into New Chief Administr...
Atlanta, GA-based ECI Group has welcomed Suzy Alford as chief administrative officer. According to the company, Alford brings her...
Eighteen Capital Names Gary Newbold VP of Asset Managem...
Leawood, KS-based Eighteen Capital Group (18CG), a private equity firm focused on multifamily real estate, has hired Gary Newbold...
Lincoln Equities Breaks Ground on Rockland County Spec ...
Lincoln Equities Group, among the region’s leading owners, managers and developers of commercial real estate, recently broke grou...
Cawley Chicago Brokers Sale of Multi-Tenant Crystal Lak...
Cawley Chicago arranged the sale of a multi-tenant industrial property located at 7510 Virginia Rd. in Crystal Lake, IL for an un...
CIM Group Signs Multiple Tenants at Brooklyn’s 16 Court...
CIM Group has executed new long-term leases and lease extensions with a diverse group of businesses at 16 Court St, its 36-story,...
Southwest Side Warehouses, Early Loop Skyscrapers Among...
Industrial warehouses on the city’s Southwest Side and a Brutalist three-story building on the University of Illinois Chicago cam...
GreenPoint Partners Launches $500M Industrial Outdoor S...
GreenPoint Partners, an alternatives firm investing at the intersection of real assets, technology and sustainability, has made a...
Peak Realty Tapped to Lease River North Office-to-Apart...
Peak Realty is now representing 318 W Grand, an office to apartment conversion in Chicago’s River North neighborhood. The brokera...
Touro University Expands Campus Commitment at 3 Times S...
Touro University has committed to an additional two full floors at the new academic campus it is in the process of developing at ...
Related Midwest Launches Pre-Leasing at Fulton Market R...
Related Midwest has opened a leasing center and launched pre-leasing at The Row Fulton Market, the developer’s 43-story, 300-unit...
Oncology Data Firm Takes Office Space in Hudson Square
GFP Real Estate, LLC said that COTA, Inc., an oncology real-world data and analytics company whose mission is to “create clarity...
Draper and Kramer Brings Two South Loop Apartment Tower...
Longtime Chicago landlord Draper and Kramer has put two South Loop apartment towers up for sale, reported Crain’s Chicago Busines...
CRE Mortgage Delinquencies Remain Low Despite Slight Up...
With rates ranging from a low of 0.11% for life companies to 2.90% for CMBS, commercial and multifamily mortgage delinquencies re...
NYU Tisch Establishes Martin Scorsese Center at Industr...
NYU Tisch School of the Arts has selected the Industry City complex in Brooklyn to house the Martin Scorsese Virtual Production C...
Women in Construction Week: Mortenson Female-led Team B...
Mortenson Seattle, in partnership with Western Washington University (WWU), Perkins & Will and Coughlin Porter Lundeen will break...
Weidner Pays $37M for Belltown Multifamily Property
Weidner Apartment Homes has purchased 206 Bell, a 122-unit multifamily community in the Belltown neighborhood of Seattle. Accordi...
Apartment Group Files Suit Against City of Los Angeles
The Apartment Association of Greater Los Angeles (AAGLA), a non-profit organization representing rental housing providers and pro...
Office-to-Housing Conversion Becomes Hot Topic in Sacra...
California Democratic Assemblymember Matt Haney is looking to increase the availability of badly needed housing in the state, and...
Westcore Secures $19M Financing for Texas Industrial Po...
CBRE has arranged a $19.1 million fixed-rate loan on behalf of Westcore Properties, a San Diego-based commercial real estate inve...
Majestic Completes 692K-SF Industrial Prelease in Reno
Ranked among one of the top 10 emerging U.S. industrial markets according to Colliers, the Reno, NV market has secured another ma...
HGA-Designed Behavioral Center Breaks Ground in San Jos...
Architectural and engineering firm HGA is celebrating the groundbreaking of the Child, Adolescent and Adult Behavioral Health Ser...
Austin 8-Story Apartments Ready to Rise
Shoal Cycle will be a 88,000 square foot mixed-use/multifamily building proposed in downtown Austin. The builder, who has an affi...
California Homebuilder Flees SoCal, Moving HQ to Dallas
Landsea Homes Corporation, a national publicly traded residential homebuilder, is moving its corporate headquarters to Dallas, Te...
Bendetti Names Jon Moyer as Director of Acquisitions
Irvine, CA-based industrial developer Bendetti has hired real estate industry veteran Jon Moyer as Director of Acquisitions. In t...
CBRE Moves into New Dallas HQ
They had explored building their own, but now CBRE has settled on moving its global headquarters to the Park District. They moved...
Phoenix Hotels on the Rebound
CBRE is raising its forecast for hotel performance in the Phoenix metro and nationally on the heels of industry gains in Q4 2022 ...
Coming to Fort Worth, The Mullett
Goldenrod Companies has picked up the pace on its plans to build “The Mullet”. Developers have started to demolish a series of on...
Carhartt Looking to Fort Worth for Distribution Center
Workwear apparel company, Carhartt, is looking for some tax breaks from Fort Worth to build a distribution facility. So, far the ...
Peppa Pig Coming to DFW
Starting in 2024, families will be able to enter the playful world of Peppa Pig at North America’s Second Peppa Pig Theme Park se...
BNSF Gets First OK in Road to Huge Phoenix-Area Logisti...
The NW Phoenix suburb of Surprise Arizona will likely be the spot for a 4,000 acre intermodal freight and logistics center. The t...
Divaris Real Estate Acquires California’s The McGarey G...
Virginia Beach, VA-based Divaris Real Estate has acquired The McGarey Group, which is now operating as a division of the Divaris ...
Finmarc Management Sells $4M Office in Gaithersburg’s B...
Russell Plaza, LLC has completed its $4.1-million acquisition of 811 Russell Avenue, a 32,000-square-foot suburban office asset l...
L&L Holding Company, Oak Row Equities Break Ground at T...
L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have br...
Flagship Healthcare Properties Continues Acquisition St...
Charlotte, NC-based Flagship Healthcare Properties, an outpatient healthcare real estate firm, has acquired a newly built, Class ...
Upcoming Senior Community in Newton Addresses “Middle-M...
2Life Communities has broken ground on Opus Newton, a 174-unit middle-income senior living development located on the Jewish Comm...
Institutional Property Advisors Brokers Stop & Shop-Anc...
Institutional Property Advisors has facilitated the sale of Groton Square, a 196,802-square-foot shopping center anchored by Stop...
Randolph Development Fills 77K-SF at Portside Distribut...
Randolph Development, LLC has signed a residential and commercial moving services tenant to 76,738 square feet at Portside Distri...
Atlanta’s Data Center Vacancy Rate Falls to Record Low ...
Another strong year of leasing activity, paired with few new deliveries, has brought Atlanta’s data center vacancy rate down to r...
Northmarq Finalizes $53M Loan to Build Huntsville Commu...
Northmarq has completed a $52.8-million construction loan for Anthem House Apartments in Huntsville, AL. Randy Wolfe and Drew Mar...
NewPoint Provides Financing on Milwaukee Affordable Pro...
NewPoint Real Estate Capital has provided $20.6 million in NewPoint Impact financing to facilitate the development of Michigan St...
City Review Process for West Humboldt Park Project Gets...
Development plans for a $25-million mixed-use effort are set to go before city officials Wednesday, as review of a project that c...
Brown Commercial Group Arranges Elk Grove Industrial Le...
Brown Commercial Group negotiated a 75,072-square-foot, full-building industrial lease in Chicago’s O’Hare submarket. The lease w...
Basking Ridge Offices Trade, Offering Value-Add Potenti...
Cushman & Wakefield arranged the sale of a 216,573-square-foot office property located at 131 Morristown Rd, in Basking Ridge, NJ...
Ashkenazy Acquires Jewel Osco-Anchored Center in Rogers...
Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm led by CEO and chairman Ben Ashkenazy, acquired Ga...
Marx Realty Opens Leonard Lounge for 545 Madison Ave. T...
Marx Realty, a New York-based owner, developer and manager of office, retail, and multifamily properties across the United States...
Concourse Realty Arranges Trio of Bronx Sales Transacti...
David Simone of Concourse Realty Partners recently arranged the sale of four Bronx properties in threeseparate transactions. They...
Terreno Realty Adds Long Island City Industrial for $23...
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired...
Sisram Medical’s Alma Expands to Fulton Market District...
Alma, a Sisram Medical company and provider of aesthetic medical technologies and energy-based solutions for the surgical, medica...
Transwestern Rolls Out Sports & Entertainment Advisory ...
Transwestern Real Estate Services launched its national Sports & Entertainment advisory group, which will identify and execute th...
Madison Marquette: Retail Will Continue to Evolve Post-...
Retail proved resilient through the pandemic and will continue to evolve in the post-pandemic era with ongoing digital transforma...
37-Property Chicago Industrial Portfolio Trades for Nor...
JBS Commercial Real Estate arranged the off-market sale of 37 Chicago-area industrial and flex properties representing more than ...
StubHub Relocates Headquarters Downtown to 3 World Trad...
Ticket exchange StubHub signed a full-floor lease to relocate its headquarters from Midtown Manhattan to Silverstein Properties’ ...
Near-Record Multifamily Deliveries Will Mean Oversupply...
The coming glut of new apartment deliveries will create an oversupply in the multifamily market, but that period of oversupply is...
New NFL Combine Drill Tests Player’s Ability To Half-As...
INDIANAPOLIS—In an effort to gain a fuller picture of prospective players and ensure they would be good fits for the teams that dr...
Alaska Airlines Expands Lease at Renton Campus
Real estate investment and operating company Unico Properties has secured a 20-year renewal and expansion of Alaska Airlines’ lea...
New Emerald Queen Entertainment District Planned in Tac...
The Puyallup Tribe of Indians is planning to expand its Emerald Queen Casino development in Tacoma, as the Puget Sound Business J...
