Commercial

Rithm Capital Corp., a New York-based global alternative asset manager, believes the U.S. office market has bottomed out and plans to spend $1.6 billion to acquire office REIT Paramount Group and its portfolio of Class A office buildings in New…

Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. My guest for this episode is Marta Schantz, director of sustainability for AvalonBay Communities. During her time at ULI, Schantz…

The 32-story went through renovations in 2004 and 2013. Image courtesy of Yardi Research Data Rudin Management has obtained $60 million in refinancing for 641 Lexington Ave., a 426,775-square-foot office building in Manhattan, according to Yardi Research Data. Prudential Financial…

Fed Chair Jerome Powell at the July 30 press conference. Screenshot by Mikayla Sciortino The Federal Open Market Committee has lowered interest rates for the first time since December 2024. The baseline rate is now set at 4 to 4.25…

Image by Antonio/Adobe Stock Commercial real estate mortgage loan originations got a significant bump in Q1 2025 then surged another 48 percent in the second quarter to 66 percent year-over-year, according to MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.…

One of Criterion’s U.S. industrial buildings is 1286 Milledge St., a 200,934-square-foot warehouse in East Point, Ga., part of metro Atlanta. Image courtesy of Yardi Research Data A joint venture between Criterion Group and Columbia Pacific Advisors has obtained $180…

The Whole Foods Market within the Uptown Boca shopping center marks its seventh location in Palm Beach County. Image courtesy of JLL Capital Markets Stockbridge Capital Group has purchased Uptown Boca, a 194,927-square-foot retail center in Boca Raton, Fla., for…

Single-tenant net-lease retail investment continues to stabilize as cap rates compress once more. Chart courtesy of Colliers The single-tenant net-lease retail market has started making inroads with investors. While facing stores closures and uneven performance across subsectors, the market saw…

The distribution center has 92 dock-high loading doors with 45 mechanical pit levelers and two drive-in doors. Image courtesy of JLL A client advised by MetLife Investment Management purchased I-16 Logistics Center, a 548,818-square-foot distribution facility in Ellabell, Ga., a…

After breaking ground in March and topping out in September, the project is slated for completion in mid-2026. Image courtesy of Goodman Group Goodman Group has officially topped out its upcoming data center in Vernon, Calif., known as LAX01 Vernon.…