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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…
Spectacular Spa Retreats Around the World
There was a time when a spa experience was simply an indulgence. A fleeting escape carved out between itineraries. Today, it has become something far more intentional. Across…
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Commercial
Stonelake Capital Picks Up Charlotte Facility
The property at 6000 Old Concord Road is fully occupied. Image courtesy of Avison Young Stonelake Capital Partners has purchased a 123,140-square-foot industrial building in Charlotte, N.C. Albany, N.Y.-based Steins Fiber sold the property for $13.5 million, Mecklenburg County public…
Construction Milestone: Goodman Tops Out LA Data Center
After breaking ground in March and topping out in September, the project is slated for completion in mid-2026. Image courtesy of Goodman…
Industrial Development Pipeline Slows Down
After two years of record industrial space deliveries, the development pipeline has slowed, the latest CommercialEdge report shows. The new supply entering…
Top Stories: Year in Review
Here’s a look back at the key trends and hot topics that defined the past year. 1. AI Is Changing the Game…
PMB Tops Out San Diego-Area MOB
The future Sharp Rees-Stealy facility will provide advanced health-care services and also include ground-floor retail space. Image courtesy of PMB PMB and…
Norges Bank JV to Pay $571M for Manhattan Tower
Floor plates at the 47-story tower range between 9,900 and 33,900 square feet. Image courtesy of Yardi Research Data. Norges Bank Investment…
2024 Special Servicing Rates – Commercial Property Executive
Source: Trepp Source: Trepp Source: Trepp The Trepp CMBS Special Servicing Report continued to rise in February, increasing 19 basis points to…
Global Holdings Signs HQ Deal in Manhattan
Geller & Co., a financial services and strategic advisory firm, is relocating its headquarters to 99 Park Ave. in Midtown Manhattan. The firm signed a 45,290-square-foot lease with Global Holdings, the owner of the 26-story office tower. Geller & Co.…