Commercial

Jason Muss, Muss Development, Jay Johnson, JLL, and Michael Cohen, Williams Equities Health trends come and go. And with them, demand for medical office space shifts. Certain markets are known for hosting certain types of health-care professionals. As such, medical…

Vornado Realty Trust has announced that its 52 percent-owned street retail joint venture has agreed to sell a portion of Uniqlo’s U.S. flagship store at 666 Fifth Ave., in Midtown Manhattan, for $350 million. Vornado agreed last year to sell a 65,000-square-foot…

Brookfield Properties signed a lease renewal at its 29-story building in downtown Denver, in what was one of the largest deals this year. Image courtesy of Brookfield Properties Denver’s office market concluded the first half of 2024 with some signs…

Chino Corporate Center came online in 1991. Image courtesy of CommercialEdge SimplerSpace has opened its third coworking location. The 13,500-square-foot space is at Chino Corporate Center, a 58,573-square-foot office building in Chino, Calif. The flex office provider also operates in…

Size of professionally managed real estate markets since 2006. Image courtesy of MSCI The size of the global professionally managed real estate market declined 0.9 percent, to 13.2 trillion in 2023, from 13.3 trillion in 2022, according to the latest…

Tully Business Center comprises six single-story buildings. Image courtesy of CIP Real Estate CIP Real Estate has acquired Tully Business Center, a small-bay, 143,221-square-foot industrial park in San Jose, Calif. Dollinger Properties sold the asset for $40 million. The Colliers…

Fed Chair Jerome Powell addressing journalists after announcing the Fed Funds rate would remain unchanged. Screenshot by Therese Fitzgerald The Federal Reserve announced its decision yesterday to hold the Fed Funds Rate at 5.25 to 5.5 percent, while offering hope…

In February, Phoenix Investors also purchased an 813,000-square-foot facility in Martinsville, Va. Image courtesy of Phoenix Investors An affiliate of Phoenix Investors has acquired three industrial properties and a solar farm in Nashville, Ark., totaling more than 815,000 square feet.…

Trammell Crow Co. and Clarion Partners have completed The Center at Needham Ranch, a 1.7 million-square-foot industrial park in Santa Clarita, Calif. Trammell Crow Co. and Clarion Partners have completed The Center at Needham Ranch in Santa Clarita, Calif. Image…

Veterans Memorial Business Park will comprise three spec industrial buildings. Image courtesy of Standard Real Estate Investments Investment & Development Ventures, along with equity partner Standard Real Estate Investments, is planning to develop Veterans Memorial Business Park, a 463,000-square-foot industrial…