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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…
The Agency and Medjet Partner to Provide Global Emergency Transport Coverage
Global travel always comes with inherent risk, but have you ever considered how you’d get home if you were hospitalized abroad? Or if you’re stranded during a natural…
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Commercial
Vornado Lands $450M for Manhattan Tower
The 1.2 million-square-foot PENN 11 opened more than a century ago, in 1923. Image courtesy of Yardi Research Data Vornado Realty Trust has obtained a $450 million refinancing loan for PENN 11, a 1.2 million-square-foot office property at 393 Seventh…
Newmark Merrill Buys Chicago Shopping Center for $22M
Marketplace at Six Corners comprises two buildings on some 10 acres. Image courtesy of Mid-America Real Estate Corp. DRA Advisors has sold…
The Stargate Project Promises a Data Center Boom. Can It Deliver?
John McWilliams, Cushman & Wakefield’s head of data center insights, noted that power constraints may be one of the biggest challenges to…
Top 5 Markets for Office Deliveries in 2023
Despite facing hurdles such as elevated interest rates and persistent challenges with construction materials and labor shortages, the office sector remains resilient…
Fort Street JV Picks Up Office Duo in Salt Lake City
Lehi Spectrum consists of a first five-story building at 1650 W. Digital Drive that serves as Podium’s headquarters, and a second office…
CREtech Special Report: Practical Tech in Tough Times
JLL’s Jonathan Lemmond, Columbia University Assistant Vice President of Engineering and Energy Sean Scollins and Jennifer Chalos of Arup debunk retrofitting myths…
Lendlease, Extell Top Out Manhattan MOB Tower
The building at 1520 First Ave. rises 30 stories or 449 feet. Rendering courtesy of Lendlease The joint venture of Lendlease and…
Lincoln Property JV Lands $74M for Spec Logistics Project
Affinius Capital LLC has originated a $74.2 million loan to finance the construction and lease-up of Eastport Logistics, a four-building, 681,920-square-foot industrial project in Boise, Idaho. Rendering of the first phase of the Eastport Logistics development in Boise, Idaho. Image…