Commercial

Law firm real estate transactions continue to gain momentum in 2024 after achieving a level of leasing demand in 2023 that met pre-pandemic activity, according to a new report from Savills. Legal sector leasing volume from the first quarter to…

Thor Equities Group has secured a $37 million construction loan from ACRES Capital for the 63,000-square-foot Wynwood Walk neighborhood retail center in Miami. Wynwood Walk is at 230 N.W. 29th St. in Miami. Image courtesy of CommercialEdge The funding reportedly…

Lovett Industrial is expanding its portfolio in the Dallas-Fort Worth area with the development of 121 Logistics Park, a two-building Class A logistics park with 339,280 square feet of space spanning 27 acres in Coppell and Lewisville, Texas. 121 Logistics…

Source: MBA Delinquency rates for mortgages backed by commercial properties increased slightly during the third quarter of 2024. This is according to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey, released in October. Delinquency rates for…

Sam’s Club is one of the tenants at Windsor Square. Image courtesy of Sterling Organization Sterling Organization has sold regional shopping center Windsor Square for $70.1 million to Hackney Real Estate Partners. The 658,000-square-foot asset in suburban Charlotte, N.C., previously…

Standard Real Estate Investments and Trammell Crow Co. have closed on the sale of Woodridge Industrial Center in Woodridge, Ill., a facility that was delivered in July. IDI Logistics purchased the asset for $33.6 million, according to public records. Standard…

Designed by Skidmore, Owings & Merrill, 500 Park. Ave. is a historic 11-story building in Manhattan. Image courtesy of CommercialEdge SL Green Realty Corp., Manhattan’s largest office landlord, is expanding its Park Avenue portfolio with the purchase of the office…

Rendering of the upcoming industrial development at 1653 Ashton Park Drive in Colonial Heights, Va. Image courtesy of PNK Group PNK Group plans to develop an 846,260-square-foot industrial facility in Colonial Heights, Va. The developer will invest nearly $80 million…

The property part of a 2.1 million-square-foot industrial campus. Image courtesy of Avison Young SL Industrial Partners, an affiliate of The Silverman Group, has sold a 402,390-square-foot, fully occupied industrial facility in Concord, N.C. The buyer is Stonelake Capital Partners,…

Roughly 28 miles from VenturePark65’s site, Venture One and DRA Advisors acquired a fully leased 718,709-square-foot industrial asset. The deal closed in September. Image courtesy of Venture One Real Estate and DRA Advisors Venture One Real Estate has closed on…