Commercial

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…

Office visits continue to creep back to prepandemic levels, according to Placer.ai, which reported that nationally, visits in June were down only 29.4 percent compared to June 2019. Looking at markets, Miami is closest to returning to 2019 figures as…

The office tower at 200 Park Ave. is also known as the MetLife Building. Image courtesy of Irvine Co. CBRE, a longtime tenant at 200 Park Ave. in Manhattan, is extending its lease at the iconic Class A+ office tower…

The 23-acre Riverview Plaza is in a dominant retail node of Frederick and is shadow-anchored by Home Depot and Target. Image courtesy of Finmarc Management Inc. Finmarc Management Inc. has purchased Riverview Plaza, a 185,275-square-foot regional shopping center in Frederick,…

9000 Wilshire Blvd. changed hands in January. Image courtesy of CommercialEdge In the first five months of 2024, Los Angeles’ office market continued to struggle with new supply, while the metro’s under-construction pipeline was still on a downward trend, according…

Sephora’s Midwest distribution center takes up the entirety of Avon Landings Commerce Park’s second phase. Image courtesy of VanTrust Real Estate VanTrust Real Estate will develop a 746,672-square-foot build-to-suit facility for Sephora in Avon, Ind. The 61-acre property will serve…

Stephen Ross, the founder & chairman of the Related Cos. LP., is stepping down after spending 52 years leading one of the largest commercial real estate development firms in the country. Stephen Ross cuts the ribbon at the 50 Hudson…

The four-building campus is 70 already percent leased. Image courtesy of The Geis Development A joint venture between Geis Cos. subsidiary The Geis Development and Westminster Capital has delivered Meridian Business Park, a four-building, 208,000-square-foot distribution center in Fort Myers,…

The one-story building at 19949 Kendall Drive. Image courtesy of CommercialEdge Overton Moore Properties has purchased 19949 Kendall Drive, a 104,500-square-foot industrial property in San Bernardino, Calif. A joint venture between Bixby Land Co. and a global investment manager sold…