Commercial

Sterling Organization has closed on the $180.5 million purchase of a 994,000-square-foot portfolio of open-air shopping centers, the company announced on Friday. Located in the Atlanta, Washington, D.C., and San Antonio metropolitan areas, the three properties were sold by SITE…

Tenants at the 60,000-square-foot medical office building cover multiple specialties across diverse healthcare fields. Image courtesy of Simone Development Cos. New York-Presbyterian has signed a 10,189-square-foot long-term lease with owner Simone Development Cos. at a 60,000-square-foot medical office building in…

Marcus Partners has acquired a 1.2 million-square-foot, 25-building light industrial asset collection on 97 acres in Southern New Jersey and Bucks County in Pennsylvania. 200 Rittenhouse Circle in Bristol, Pa., is part of the Crossings Light Industrial Portfolio. Image courtesy…

Frederick Airport Park will consist of four buildings upon full build-out, which will total 1.7 million square feet across 118 acres. Image courtesy of Hanover Co. A joint venture between Hanover Co. and multiple institutional investors advised by Northwestern Mutual…

The cold storage facility is slated for delivery in the third quarter of 2025. Image courtesy of CJ Logistics America BGO and Yukon Real Estate Partners have broken ground on a 291,000-square-foot cold storage facility outside of Kansas City, Mo.…

With a severe supply-demand imbalance intensifying in most major lab markets across the U.S. in the past year, the overall national lab availability rate has increased to 30 percent and rents have fallen by nearly 9 percent, back to the…

The 1.1 million-square-foot campus comprises two cross-dock buildings across more than 46 acres. Image courtesy of CBRE EQT Exeter has acquired USA Parkway Distribution Center, a two-building, 1.1 million-square-foot industrial campus in Sparks, Nev., a Reno submarket. Altus Group sold…

With 2024 coming soon to a close, the CPE Executive Council predicts what to watch out for in the coming year. Doug Ressler Running the Gamut Hybrid Work and Office Space Demand: The hybrid work model, which became more prevalent…

Prologis has acquired Alexander Commerce Park, a three-building, 441,072-square-foot logistics portfolio in Raleigh-Durham’s Research Triangle Park. The property sold for $80.2 million, according to public records. Prologis has acquired Alexander Commerce Park, a three-building industrial complex in Raleigh-Durham’s Research Triangle…

Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. For this episode, I’m tackling carbon credits with my guest Mahesh Ramanujam, CEO of Global Network for Zero and formerly…