Commercial

The Addison, Texas City Council has approved a development agreement with Quadrant Investment Properties for Addison Junction, a $240 million mixed-use development covering 14 acres. The local government is investing $40 million in the project, which will help develop the…

A joint venture of BKM Capital Partners and Kayne Anderson Real Estate, the real estate arm of Kanye Anderson, acquired an 889,352-square-foot, eight-property small-bay light industrial portfolio in metro Phoenix for $167.9 million from an affiliate of Equus Capital Partners…

Terreno Realty Corp. has acquired a three-building portfolio of industrial distribution properties in Doral, Fla., and Kearny, N.J., for an aggregate price of about $194.3 million, the company announced Wednesday. Part of the larger Woodinville Corporate Center, the industrial buildings…

Toy and game company Hasbro is moving its headquarters to the Boston Seaport District from its longstanding location in Pawtucket, R.I. Hasbro was founded in that city in 1923. Hasbro is moving its headquarters to 400 Summer St. in Boston’s…

The 15-story building went through renovations in 2000 and 2014. Image courtesy of Yardi Research Data Boulevard Investment Group has obtained $48 million in refinancing for Good Samaritan Medical Tower, a 144,998-square-foot medical outpatient facility in Los Angeles. Voya Financial…

Rob Teel will serve as the new CEO of Yardi Systems starting in January 2026. The company’s founder & CEO, Anant Yardi, announced the appointment last week during the Yardi Advanced Solutions Conference in San Diego.   Rob Teel has led…

Funds advised by New Mountain Net Lease, part of New York-based alternative investment firm New Mountain Capital, have completed the acquisition of a 53-asset global net lease portfolio for $640 million. New Mountain Capital’s global headquarters is on the 48th…

New York’s Slate Property Group and Evenhar Development have announced that they will develop a new medical office and community building for Mount Sinai Health System, at 1578 Lexington Ave. in East Harlem. Rendering of the new Mount Sinai medical…

Phase II is creating an additional 326,040 square feet of industrial space with spec office space in both buildings. Rendering courtesy of Logistics Property Company Chicago-based Logistics Property Co. has broken ground on the second phase of Gainesville 85 Business…

Blue Ridge Commerce Center features five such warehouses aiming for LEED certification. Image courtesy of Trammell Crow Co. A joint venture between Trammell Crow Co. and Daiwa House Texas has brought online Blue Ridge Commerce Center, a nearly 1.4 million-square-foot…