Commercial

Kehvon Thomas The retail commercial real estate market has seen a remarkable turnaround since the end of the pandemic. Contrary to the fears of empty storefronts, retail spaces in major metropolitan areas are filled with overall availability holding steady at…

Poag Development Group has purchased RiverTown Crossings, an approximately 1.3 million-square-foot enclosed mall in Grandville, Mich. Brookfield Properties previously owned the main section of the mall, while some of the anchor stores were under the ownership of other entities, according to…

Wells Fargo Center came online in 2011. Image courtesy of CommercialEdge S.L. Nusbaum Realty has secured a 10,253-square-foot lease at The Wells Fargo Center, a 276,500-square-foot office property in downtown Norfolk, Va. The tenant is PBMares LLP, an accounting and…

In line with last year’s trend, Phoenix has solidified its position as the leading market for industrial development in the country. The region’s growth is propelled by high-tech sectors, including semiconductor manufacturing and data centers, which are infusing the area…

Today, C-PACE financing is available in approximately 80 percent of the U.S., according to Doyle. Image courtesy of Nuveen Green Capital Commercial PACE recorded more than $7 billion in financings in 2023, up from $5 billion in 2022 and $1.6…

Safespill will utilize the building to streamline operations, reducing costs and quickening manufacturing. Image courtesy of Transwestern Real Estate Services Safespill has inked a full building, 192,400-square-foot lease to occupy Ares Management’s Brittmoore Industrial Development, a Class A infill distribution…

A salient feature of the current health-care industry is an increasing demand for outpatient care, due to the chronic diseases of an aging U.S. population, according to a new white paper by Savills. Outpatient volumes are expected to increase by…

Ross Dress for Less is one of The Plant’s anchor tenants. Image courtesy of CommercialEdge The partnership between Arc Capital Partners and Milan Capital Management has purchased The Plant, a 367,000-square-foot super-regional retail center in San Jose, Calif. The property…

Puente Hills Mall came online in phases between 1974 and 1975. Image courtesy of JLL Capital Markets RCB Equities and Real Estate Development Associates LLC have secured a $115 million loan to acquire the 1 million-square-foot Puente Hills Mall in…

The five-building industrial park came online in 2020. Image courtesy of Cohen Asset Management Cohen Asset Management has acquired the I-30 MacArthur Business Center in an off-market transaction. Lincoln Property Co. previously owned the five-building, 208,743-square-foot industrial park in Grand…