Commercial

Retail landlords can find some good news in JLL’s United States Retail Outlook for the second quarter. Retail net absorption increased 75.4 percent quarter-over-quarter to 7.7 million square, particularly in community centers, lifestyle centers and Class C malls. Tenants are…

The property at 2 Gowin St. in Sayreville, N.J. Image courtesy of Dalfen Industrial The joint venture between Dalfen Industrial and Centerbridge Partners is continuing to expand its industrial outdoor storage portfolio across the U.S. This time, the partnership acquired…

The 423,000-square-foot Building 100 is part of a larger industrial campus that came online last year. Image courtesy of Dalfen Industrial Dalfen Industrial has sold Building 100 within Midpoint Florida Logistics Center, a 423,000-square-foot industrial facility in Auburndale, Fla. The…

The development crew will break ground this fall. Image courtesy of DICK’s Sporting Goods Hillwood will develop and construct an 800,000-square-foot, build-to-suit regional distribution center in Fort Worth, Texas, for DICK’s Sporting Goods. JLL led the negotiations on behalf of…

Continental Realty Corp., on behalf of Continental Realty Fund V, L.P., has sold the Centre at Hagerstown, a 292,000-square-foot regional shopping center in Hagerstown, Md., for $36.3 million. Centre at Hagerstown includes 10 pad sites with direct roadside visibility from two highways. Image…

Completion of The Eight is expected this year. Image courtesy of Skanska Skanska has inked a lease agreement totaling some 68,880 square feet at The Eight, a 729,000-square-foot Class A+ office development in Bellevue, Wash. The long-term commitment includes roughly…

The U.S. industrial sector showed slowing signs in the first six months of 2024. Construction starts fell to less than half of completions, with 97.8 million square feet of industrial space underway, according to CommercialEdge. Following two years of record…

The multifamily and industrial sectors continue to attract capital due to their long-term fundamentals, said Maier. Image courtesy of Baker Tilly The CRE market continues to face its own share of challenges, with high interest rates and debt concerns stubbornly…

The Smith Tower dates back to the 1910s. Image courtesy of Freestone Capital Management The Smith Tower, built more than a century ago as the first skyscraper in Seattle, has changed hands. A group of local investors led by GT…

The office building served as a warehouse before its redevelopment in 1989. Image courtesy of CommercialEdge An entity associated with Menashe Properties has acquired Montgomery Park, a 768,443-square-foot office building in Portland, Ore. Natixis sold the asset for $33 million,…