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Development
Pittsburg to Connect East End AI Corridor
Throughout the last few years, Pittsburgh has been proving itself as one of the most determined comebacks in the U.S. Rust Belt; one of the top mid-sized cities for green commuting; one of this year’s most affordable metros for Millennials…
A Legacy Property in the Bahamas Ready for Its Next Adventure: Welcome to Coconut Grove
Set above the pristine turquoise waters of Tahiti Beach, Coconut Grove Estate includes a development opportunity in addition to its 4,000-square-foot main estate: seven one-of-a-kind lots on Elbow…
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Commercial
Catalyst Investment Closes $187M IOS Fund
Part of Catalyst Investment Partners’ portfolio, 2600 Louisville Road in Savannah, Ga., is a 6.7-acre property including IOS and a cold storage warehouse, about 2.5 miles from the Port of Savannah. Image courtesy of CommercialEdge Catalyst Investment Partners, a New…
Blackstone Lands $550M for Data Center Portfolio
The portfolio includes the two-building data center campus at 45761 Maries Road in Sterling, Va. Image courtesy of Yardi Research Data Blackstone…
Flight-to-Quality Leads Flex Office Evolution
When founding Convene in 2009, Ryan Simonetti wanted to combine lifestyle and hospitality into commercial real estate. Image courtesy of Convene When…
Carr Properties Inks HQ Relocation at DC Trophy Building
Signal House is rising 10 stories in the city’s Union Market District. Image courtesy of CommercialEdge Carr Properties has signed a long-term…
Dragos Capital Buys CVS-Leased Retail Portfolio
CVS aims to open 30 new stores this year amid an ongoing restructuring effort, which will also shed 271 locations. Image courtesy…
Cybersecurity Firm Expands Durham Footprint
The office building at 555 S Mangum St. overlooks Durham Bulls Athletic Park. Image courtesy of JLL Autonomous endpoint management firm Tanium…
Boosting US Manufacturing Spurs Construction Boom
The push to enhance U.S. manufacturing, especially for semiconductors and clean energy technology, has spurred a construction boom, the latest CommercialEdge report…
GFH Partners, Scannell Properties Land $250M Portfolio Refi
GFH Partners and Scannell Properties have refinanced a seven-property, 2.3 million-square-foot industrial portfolio in seven U.S. states with a $250 million single-asset, single-borrower CMBS loan. FedEx Ground facility at 1035 Commerce Park Drive, S.W., in Cedar Rapids, Iowa. The property…