Commercial

The four-story Sisters Grove Pavilion came online in 2008. Image courtesy of CommercialEdge MedCraft Investment Partners has purchased Sisters Grove Pavilion, a 108,204-square-foot medical office building in Colorado Springs, Colo. The property traded for $31.2 million, with the buyer taking…

Ti Cold Account Manager Logan Stuller and Tippmann Innovation Sam Tippmann at Arcadia Cold’s Reno, Nev., property. Ti Cold designed and built the facility, which debuted in 2023. Image courtesy of Ti Cold Saxum Real Estate has kicked off construction…

Burnett Plaza’s most recent renovations were completed in 2021. Image courtesy of CommercialEdge Pinnacle Bank Texas has sold Burnett Plaza, a 1.1 million-square-foot Class A office tower in Fort Worth, Texas, Dallas Business Journal reported. The seller granted a leasehold…

GTI Fabrication, a Buffalo, N.Y.,-based provider of turnkey integrated closure solutions, is expanding its energy storage business in the Phoenix industrial market with the full-building lease of a 530,307-square-foot facility at Lakin Park in Goodyear, Ariz. GTI will use the…

MilliporeSigma, a Merck unit, has opened its new $317.2 million biosafety testing facility in Rockville, Md. Developed by Alexandria Real Estate, the 260,000-square-foot project represents the life science company’s largest investment in contract testing in history. MilliporeSigma’s new biosafety testing…

Gateway Commerce Center came online in 2022. Image courtesy of JLL A joint venture between Westminster Capital and GEIS sold Gateway Commerce Center, a 434,171-square-foot, Class A industrial property in Streetsboro, Ohio, to EQT Exeter. The asset traded for $40.2…

The national data center market faces many constraints, including supply, access to power, and high construction costs. And yet, inventory continues to grow as vacancy rates decrease. According to a CBRE’s global data center trends report, in the first quarter…

Sunrise Commerce Center will total 465,660 square feet upon full build-out. Image by Chad M. Davis, AIA, courtesy of Adolfson & Peterson Construction IDI Logistics has completed three industrial buildings in Round Rock, Texas. Totaling 310,689 square feet, they represent…

Completed in 2008 and expanded in 2015, Lakeview Commerce Center III measures some 1.1 million square feet. Image courtesy of CommercialEdge Sealy & Co. has inked a two-building lease renewal, totaling more than 1.6 million square feet, with World Wide…

CPE December 2023 Digest It’s that time again when Commercial Property Executive showcases some of the most intriguing transactions of the year in our December digital issue and in a longer online version. It does not have to be the…