Commercial

Medical office tenants seek densely-populated markets, said Jason Muss, president of Muss Development. Across the nation, demand for medical office buildings is persistent. As the population ages and the youngest of the Baby Boomers enter their 60s, the need for…

The building is part of a 335-acre industrial park that will consist of 5.5 million square feet upon completion. Image courtesy of Cushman & Wakefield CRG has sold The Cubes at Glendale – Building B, a more than 1.2 million-square-foot…

The project will also encompass an adjacent six-story building destined for residential use. Image by Neoscape, courtesy of Fulton Street Cos. General contractor Skender has topped out 919 West Fulton, a 409,000-square-foot office building in Chicago, on behalf of Fulton…

Predictions on the stabilization of office vacancy. Chart courtesy of Avison Young Office market vacancy in the Southeastern U.S. is expected to stabilize as soon as 2025, according to nearly a third of Avison Young brokers (31 percent) surveyed by…

The Davis Cos. has raised $877.1 million into Davis Investment Ventures Fund V—the largest fund in company history—organized it says to capitalize on widespread real estate asset repricing and market dislocation across asset classes. The Davis Cos. and Invesco Real…

A newly renovated Stater Bros. Markets anchors Marketplace del Rio. Image courtesy of CommercialEdge ROIC has sold Marketplace del Rio, a 183,292-square-foot neighborhood shopping center in Oceanside, Calif. 1st Commercial Realty Group purchased the asset for $56.6 million, or $384.24…

114 Crosby St., also known as 580 Broadway, debuted in 1898. Image courtesy of CommercialEdge The joint venture between Chelsfield Group and RAM Holdings has obtained a $50 million refinancing loan for 114 Crosby St., a 12-story, 114,000-square-foot Class A…

Gus Fontie As the 2024 Chairman of the Board for the MIAMI Association of REALTORS®, I am eager to discuss the upcoming changes in the real estate industry and their implications, not just for residential but also for commercial real…

David Williams, Jason Armes and Michael J. Korolyk Commercial building owners in California face many challenges in today’s volatile market, including looming deadlines to comply with city ordinances mandating seismic retrofits of specific building types. Non-ductile concrete structures, numbering over…

One Federal Street came online in 1976 and was completely renovated in 2011. Image courtesy of Tishman Speyer Tishman Speyer has signed a 106,000-square-foot leasing agreement with the Commonwealth of Massachusetts through the Division of Capital Asset Management and Maintenance.…