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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 Singular Waterfront Retreat Comes to Market for the First Time in Ivry-sur-le-Lac
For nearly four decades, a distinctive residence on the shores of Ivry-sur-le-Lac has remained in the hands of the family who conceived and built it. Now offered for…
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Commercial
JLL Income Property Trust Invests $140M in Metro Phoenix
PUMA installed a robotics logistics system at the warehouse, investing $100 million in its deployment. Image courtesy of JLL Income Property Trust JLL Income Property Trust has acquired Glendale Distribution Center, a 1 million-square-foot warehouse in Glendale, Ariz., for approximately…
PCCP Funds $72M Loan for 1 MSF Warehouse Acquisition
PCCP has provided a $72.4 million loan to an affiliate of WPT Capital Advisors, of Minneapolis, for the latter’s acquisition of two…
Greystone Lands Refi for Manhattan Building
The nine-story, 54,800-square-foot building is in the SoHo neighborhood. Image courtesy of CommercialEdge. Greystone Management has obtained $25.3 million in refinancing for…
Sustainability Street: The U.S.’s Sudden Role Reversal
Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. Last month,…
21 Alpha Group JV Lands Refi for Los Angeles Retail Center
The five-building Crenshaw Plaza occupies a 5-acre site. Image courtesy of JLL The principals of 21 Alpha Group and Intelligent Design Real…
Why Cold Storage Is Getting Hotter
David Greek Investment in cold storage is heating up as increasing demand for fresh food and pharmaceutical supplies drives market development and…
Vornado Lands Long-Term Lease at Manhattan Tower
Vornado acquired the asset at 250 W. 34th St. in 1998 for $410 million, according to CommercialEdge. It has since invested an…
Skanska Lands 2nd Tenant at Bellevue Office Tower
Completion of The Eight is expected this year. Image courtesy of Skanska Skanska has inked a lease agreement totaling some 68,880 square feet at The Eight, a 729,000-square-foot Class A+ office development in Bellevue, Wash. The long-term commitment includes roughly…