Commercial

Dov Hertz, founder & principal at DH Property Holdings LLC. Image courtesy of DH Property Holdings LLC DH Property Holdings LLC, of New York, has received a $53.8 million construction loan for its PhilaPort Logistics Center. ACORE Capital provided the…

Completed in 1978, 120 Interstate NW features 32 dock-high loading doors and 22 drive-in doors. Image courtesy of JLL Albany Road Real Estate Partners has sold 120 Interstate NW, a four-building, 281,677-square-foot light industrial business park in Atlanta. Adler Real…

Chris Green Traditional industrial outdoor storage has its merits. The typical IOS business, characterized by low ongoing capex, involves triple-net, multi-year leases to a single tenant. Given that much of the IOS space available today is dwindling and communities are…

Federal Reserve Chair Jerome Powell, pictured at a 2023 FOMC press conference, has indicated he favors re-proposing Basel III Endgame. Screenshot by Gabriel Frank It’s clear that new rules for how banks build their balances are coming. But we don’t…

The 45-story building underwent a $40 million capital improvement program in 2016. Image courtesy of The Durst Organization Charles Schwab & Co. has renewed its 23,000-square-foot lease on the 37th floor of 1133 Avenue of the Americas, a 1,1 million-square-foot…

JLL’s 2024 U.S. Midyear Construction Update and Reforecast reports price stabilization but also some areas of concern. Adobe Stock image courtesy of JLL Materials and labor costs have outpaced bid-price growth so far in 2024, according to an update to…

The groundbreaking event included speakers from Logistics Property Co. and FCL Builders, among others. Image courtesy of Logistics Property Co. Logistics Property Co. has broken ground on 12821 Titanium St., a two-building, 408,160-square-foot industrial project in Austin, Texas., marking its…

Through updated guidelines from the program administrator that allowed C-PACE funding of new construction, Barings has provided a $102 million construction loan alongside $63.3 million in green financing to help redevelop downtown Darien, Conn. Connecticut’s Corbin District gains construction funding…

The 500 Denmark Drive property is within an Opportunity Zone. Image courtesy of CBRE Clarion Partners has purchased 500 Denmark Drive, a 322,400-square-foot industrial building in McCarran, Nev. Pure Development sold the asset for $41.7 million. The acquisition expands Clarion’s…

Brewster Creek Business Park – 1452, a 260,075-square-foot industrial facility located in Bartlett, Ill. that Brookfield acquired as part of the purchase. According to DRA Advisors, the portfolio contains 12 properties in the Chicago area, totaling roughly 1.4 million square…