Commercial

This El Paso industrial campus is set to comprise more than 450,000 square feet across two buildings. Image courtesy of NIT Industrial Realterm and NIT Industrial have formed a joint venture to develop a two-building, 452,966-square-foot industrial campus on 31.2…

The Adam’s Dairy Landing shopping center covers a 36-acre site. Image courtesy of JLL Capital Markets Fidelis Realty Partners LLC has purchased Adam’s Dairy Landing, a 280,000-square-foot retail center in Blue Springs, Mo., in the Kansas City metro area. JLL…

Vantage South End consists of two 11-story buildings that feature about 45,000 square feet of retail space. Image courtesy of CommercialEdge Cousins Properties is under contract to purchase Vantage South End, a 639,000-square-foot office complex in Charlotte, N.C., for $328.5…

JLL has appointed Kevin MacKenzie as president of Americas Capital Markets, effective Jan. 1. Kevin MacKenzie will assume his new role as JLL’s president of Americas Capital Markets starting Jan. 1, 2025. Image courtesy of JLL The firm announced that…

Paragon Commercial Group and Brasa Capital Management have acquired Huntington Oaks, a 328,711-square-foot shopping center in Monrovia, Calif., for $79.4 million, according to public records. Bend Properties was the seller, CommercialEdge data shows. Developed in four phases, Huntington Oaks comprises…

The developers expect a project wrap-up in the third quarter of 2025. Image courtesy of CRG and PCCP CRG has formed a joint venture with PCCP to develop The Cubes at Alpha, a 575,900-square-foot industrial park in Alpha, N.J. The…

Wood Investments Cos. has obtained a $20.3 million loan for Helena Skyway Regional Shopping Center, a 164,121-square-foot retail center in Helena, Mont. Wells Fargo provided the permanent loan for the fully leased property. TJ Maxx is one of the tenants…

Medley Cold Logistics is a one-story facility at 7600 NW 82nd Place in Miami. Image courtesy of BGO BGO Cold Chain has purchased Medley Cold Logistics, a 178,000-square-foot Class A cold storage facility in Miami. Truist Securities sold the asset…

Al Moczul, Senior Vice President of Life Company & Joint Venture Equity at Berkadia As national banks work out problem loans and prepare for new capital reserve requirements, they are limiting new real estate loan exposure. As a result, alternative…

Federal Reserve Chair Jerome Powell speaks at the Nov. 7 press conference. Screenshot by Gabriel Frank The Federal Open Markets Committee cut interest rates by 25 basis points on Thursday, half the rate of the previous cut in September. The…