Commercial

Hamburg Logistics Center is a cross-dock facility featuring 100 dock-high loading doors and four drive-in doors. Image courtesy of JLL Capital Markets PCCP has acquired Hamburg Logistics Center, a 518,140-square-foot warehouse and distribution facility in Hamburg, Penn., a Philadelphia submarket.…

Data center developers are experiencing a whirlwind of exorbitant demand, energy supply challenges, as well as construction hiring shortages. They must also consider potential regulations as they attempt to reduce the new developments’ carbon footprint. EdgeCore’s upcoming campus in Mesa,…

rPlus Energies started construction on Green River Energy Center and plans to complete the project in 2026. Image courtesy of rPlus Energies rPlus Energies has broken ground on Green River Energy Center, a 400-megawatt solar PV and 400 MW/1,600 MWh…

David Simon, Chairman & CEO, Simon Property Group. Image courtesy of Simon Property Group Simon Property Group L.P., the majority-owned operating partnership subsidiary of prominent retail REIT Simon, has amended, restated and extended its $3.5 billion multi-currency unsecured revolving credit…

Carrie Shagat and Steve Klett Real estate entities are facing a spectrum of market variables and uncertainties, including the availability of financing, leasing activities, cost management, tenant demand and geopolitical factors. These evolving trends and risks are exerting pressure on…

Asana Partners has purchased Skillman Live Oak, a 74,653-square-foot retail neighborhood center in Dallas. BGO sold the asset, in a portfolio sale brokered by JLL Capital Markets. Skillman Live Oak is within Dallas’ Lakewood neighborhood, serving residents with an average…

Jonathan Hipp Wise tax strategies are an intrinsic part of investing, and that’s why the 1031 exchange is popular in real estate. Named for the section number of the Internal Revenue Code that makes it possible, the 1031 exchange allows…

The past several months have witnessed a surge in office building sales, with investors mostly snapping up distressed assets, often at or near the value of the land they occupy. Much of the office product trading at deep discounts consists…

Continental Realty Corp. has entered the Utah market with the purchase of The Crossroads of Taylorsville, a 630,000-square-foot super regional shopping center in Salt Lake City. TriGate Capital sold the asset in a transaction brokered by Eastdil Secured. The Crossroads of…

Berkeley Commerce Center is set to come online in three phases and will consist of five industrial facilities. Image courtesy of Rushmark Properties Rushmark Properties has closed on construction financing for Berkeley Commerce Center, an upcoming industrial campus in Summerville,…