Commercial

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…

The Wells Fargo Center rises 29 stories and includes an extensive amenity package. Image courtesy of CommercialEdge Manulife US Real Estate Investment Trust has sold 400 Capitol Mall, a 501,308-square-foot office tower in downtown Sacramento, Calif. The asset traded for…

Buckeye85 came online in 2023. Image courtesy of LaSalle Investment Management LaSalle Investment Management has acquired Buckeye85, an industrial building in Phoenix, on behalf of LaSalle Property Fund, its U.S. core open-ended investment vehicle. The previous owner was Lincoln Property…

10501 Cold Storage Rd., a 552,720-square-foot cold storage facility located in Jacksonville, Fla. that LBA bought 2020, according to CommercialEdge information. Photo courtesy of LBA Logistics LBA Logistics has closed on $577.6 million in single-asset, single-borrower financing for the LBA…

Hayden Ferry Lakeside II is part of a 43-acre master plan measuring about 1.6 million square feet of office, retail and residential space. Image courtesy of CommercialEdge Monogram Health has signed a 26,042-square-foot, five-year lease at Hayden Ferry Lakeside II,…

Real estate veteran Robert Thornburgh, who has held the position of CEO of the Society of Industrial and Office Realtors (SIOR Global) since early 2021, will step down from that post as of the end of this year, according to…

Vornado acquired the asset at 250 W. 34th St. in 1998 for $410 million, according to CommercialEdge. It has since invested an additional $450 million in the redesign and repositioning of PENN 1 and PENN 2. Photo courtesy of Vornado…

The grocery-anchored Cypress Trace shopping center dates back to 1986. Image courtesy of Benderson Development Benderson Development has acquired Cypress Trace, a 280,000-square-foot grocery-anchored shopping center in Fort Myers, Fla. The price was not disclosed, nor was the seller, but…

The Harbor Building dates back to 1956 and rises six stories. Image courtesy of Jamison Services Jamison has signed a 21,000-square-foot long-term lease with women’s fashion label L’AGENCE at The Harbor Building, a 246,000-square-foot office property in Los Angeles’ Wilshire…

The Class A logistics facility came online two years ago and is fully leased to three tenants. Image courtesy of JLL Beacon Partners has sold 720 Pegg Road, a 234,224-square-foot Class A logistics facility in High Point, N.C., a Greensboro…