Commercial

Highway 1 Commerce Center is taking shape on more than 14 acres. Image courtesy of Lovett Industrial Lovett Industrial has broken ground on Highway 1 Commerce Center, a 176,105-square-foot speculative development in Philadelphia focused on the need for Class A…

Confidence in the commercial real estate sector has improved significantly in the third quarter of 2024, according to the Board of Governors Sentiment Index survey from the CRE Finance Council. The index surged to 121.1, an 18 percent increase from…

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…

The Indianapolis industrial sector continues to benefit from increased demand in e-commerce and logistics, along with strategic corporate expansions. However, headwinds such as supply chain disruptions have put pressure on the market. Sephora’s Midwest distribution center will come online next…

Whole Foods at Bay Place came online in 2007. Image courtesy of JLL SITE Centers Corp. has sold the 57,218-square-foot, free-standing Whole Foods at Bay Place in Oakland, Calif., for $44.4 million. JLL Capital Markets arranged the transaction. Completed in…

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…

In the ever-evolving New York City commercial real estate market, Class A office spaces have remained a key focus for top-tier tenants, despite the challenges brought on by the pandemic, rising interest rates and shifts in workplace models. These premium…

A U.K.-based sports betting firm has opened its new U.S. corporate headquarters near downtown Denver. Bet365 will occupy two floors at 1701 Platte St. Image courtesy of CommercialEdge Bet365 struck a deal through Newmark, the Metro Denver Economic Development Corp.,…

Suzann D. Silverman ‘Tis the season for feeling haunted. It’s tough to shake a certain uneasiness in the pit of your stomach as jack-o-lanterns, skulls and cobwebs begin to adorn homes, stores and retail countertops, while Halloween themes proliferate among…