Bixby Buys 534 KSF Metroplex Industrial Portfolio

Bixby Buys 534 KSF Metroplex Industrial Portfolio

The industrial campus features four points of ingress and egress. Image courtesy of Bixby Capital Management Bixby Capital Management has purchased a 533,632-square-foot, Class A industrial portfolio in Mesquite, Texas. Huntington Industrial Partners previously owned the three-building park, CommercialEdge data…
Lab Space Oversupply Hits Key Markets

Lab Space Oversupply Hits Key Markets

Following the pandemic, lab space demand surged due to breakthroughs in mRNA and CRISPR technologies, coupled with low interest rates that funneled billions into the life sciences sector, according to the latest CommercialEdge report. Life science property sales dropped from…

Downtown LA Office Tower Trades for $80M

Union Bank Plaza is a recently upgraded office asset originally built in 1967. Image courtesy of Newmark Waterbridge Capital has sold Union Bank Plaza, a 701,888-square-foot office tower in Los Angeles. The property traded for $80 million. Washington Capital Management…
Will Helene Impact CRE Insurance Premiums?

Will Helene Impact CRE Insurance Premiums?

Hurricane Helene is unlikely to significantly impact insurance premium rates, according to Mike Chapman, national director of commercial markets for HUB International. Image courtesy of HUB International As the Southeast recovers from the devastation brought by Hurricane Helene, experts are…
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