Commercial

Rendering of the lobby of the main building to be redeveloped in phase one of the Texas Research Quarter in Plano, Texas. Image courtesy of NexPoint Texas Research Quarter, a $4 billion life science innovation district planned for 200 acres…

As remote and hybrid work become the norm, converting vacant office spaces into housing has gained attention from building owners and policymakers. While still a niche market, a new tool from CommercialEdge, the Conversion Feasibility Index (CFI), highlights a larger-than-expected…

Plymouth Industrial REIT and Sixth Street Partners have struck a deal which will provide Plymouth with about $500 million of new capital, the firms announced on Tuesday. Jeff Witherell, Chairman & CEO, Plymouth Industrial REIT. The capital package announced on…

Parc Germann comprises a rear-load and front-load facility. Image courtesy of Cushman & Wakefield Libitzky Property Cos. has purchased Parc Germann, a 224,471-square-foot industrial campus in Chandler, Ariz. TA Realty sold the Class A for $43.3 million in an all-cash…

Completed in 1984, Ridge Plaza encompasses four buildings spread on some 13 acres. Image courtesy of JLL Capital Markets Continental Realty Corp. has sold Ridge Plaza, a 138,554-square-foot regional shopping center in Davie, Fla. An affiliate of JBL Asset Management…

The start of interest rate cuts is imminent, according to remarks made Friday by Federal Reserve Chair Jerome Powell, who expressed confidence that inflation is within reach of the U.S. central bank’s 2 percent target. Federal Reserve Chair Jerome Powell.…

The 440,000-square-foot lab component of Tishman Speyer’s Harvard Enterprise Research Campus in Allston, Mass., has topped out, with the final steel beams of the East and West lab buildings having been put into place. Turner Construction Co. is the project’s…

Metro Centre, a 166,290-square-foot retail property in Peoria, Ill, has traded. Mid-America Real Estate Corp. brokered the transaction, working on behalf of the seller. The property has been family-owned for a little over half a century and was last run…

CTO Realty Growth also acquired Marketplace at Seminole Towne Center in Sanford, Fla., earlier this year. Image courtesy of CTO Realty Growth CTO Realty Growth has acquired three open-air shopping centers totaling some 1.2 million square feet for $137.5 million.…

The development in Mesa, Ariz., marks Novva’s first data center in the state. Image courtesy of Novva Data Centers Novva Data Centers plans to build a 300 MW campus on 160 acres in Mesa, Ariz. The company is slated to…