Commercial

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…

919 W. Fulton St. in Chicago’s West Loop is among the very few large office buildings that were a ground-up development. The project also included an adjacent, six-story residential building. Image by Neoscape, courtesy of Fulton Street Cos. Chicago’s office…

The first phase of Bayhealth at Blue Hen opened in June. Image courtesy of Anchor Health Properties Anchor Health Properties and Bayhealth Medical Center have completed Bayhealth at Blue Hen, an 80,000-square-foot redevelopment in Dover, Del. Bayhealth announced the project…

Source: CommercialEdge Year-to-date through September, the national industrial sales volume reached $35.4 billion, with 268.9 million square feet changing hands across 2,513 properties at an average sale price of $133.9 per square foot, according to CommercialEdge data. Prices increased from…

As the new year approaches, you need to stay informed about the most important trends and challenges impacting your business. What should be on your radar as you prepare for 2025? In this webinar, we’ll explore strategies for navigating today’s…