Commercial

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,…

Denholtz Properties, a Red Bank, N.J.,-based commercial real estate investment and development firm with $2 billion in assets under management, has tapped industry veteran Katie Kurtz as its new CEO. Denholtz Properties has appointed Katie Kurtz as its new CEO.…

The two-building campus came online in 2021 and was fully leased at the time of sale. Image courtesy of Equus Capital Partners A joint venture between an affiliate of Equus Capital Partners and a U.S.-based public pension plan has acquired…

International Plaza II in Dallas underwent multimillion-dollar renovations before becoming almost fully leased at the moment of sale. Image courtesy of CommercialEdge Shorenstein has acquired the 388,000-square-foot International Plaza II, a 15-story office tower in north Dallas, from Taconic Capital,…

Lisa Pendergast, Executive Director, CREFC. Image courtesy of CREFC The CRE Finance Council held its Capital Markets Conference in downtown Manhattan on “Fed Day.” At 2:00 p.m., the relatively optimistic mood among attendees from the lending, servicing and investment sectors…

Industry observers are finally seeing some tailwinds in the office market after basically facing a perfect storm of negativity for so long. Office panel at the Blueprint Conference in Las Vegas. Image by Richard Berger for CPE Panelists at the…

With the latest expansion, Medline becomes one of the largest tenants of The Mart, formerly the Merchandise Mart, an iconic mixed-use property in central Chicago. Image courtesy of Vornado Realty Trust Medline is significantly expanding its footprint in the Chicagoland…

Jay Maddox At long last, it appears our hopes for multiple Federal Reserve rate cuts, on hold for most of this year due to persistently high inflation numbers, are finally becoming a reality. The entire commercial real estate industry had…

Federal Reserve Chair Jerome Powell speaking at the September 18th press conference. Screenshot by Gabriel Frank At the conclusion of its September meeting on Wednesday, the Federal Reserve’s Open Markets Committee has elected to slash interest rates by 50 basis…

Last year, a joint venture between MCB Real Estate, Artemis Real Estate Partners and Ace Logistics Services purchased an 859,900-square-foot industrial facility in Aberdeen, Md. Image courtesy of MCB Real Estate MCB Real Estate has acquired Howell 1, a 368,000-square-foot…