Commercial

Data as of June 12, 2024 . Source: S&P Global Market Intelligence  As of June 12, 2024, publicly traded U.S. equity REITs raised approximately $11.66 billion through capital offerings. Senior Debt offerings accounted for 60% of total capital raised, amounting…

Stream Data Centers has broken ground on its third San Antonio project. At full build-out, this data center campus will have up to five AI-ready buildings and 1.5 million square feet of space supporting up to 200 MW of IT…

A top-20 pharmaceutical company has taken more than 127,300 square feet in a 10-year lease, with expansion options, at 10075 Barnes Canyon Road (Building C), a 253,000-square-foot life science building under construction in San Diego. The space will be used…

Despite economic challenges hitting the office sector across the U.S. and a slow post-pandemic recovery, Boston posted the largest under-construction pipeline nationally, reaching almost 13.9 million square feet of office space as of April, according to CommercialEdge data. This accounts…

Source: PropertyShark, a Yardi Systems Company Sale Price: $48,250,000 The portfolio deal included the 47,583-square-foot, single-story building and another 54,150-square-foot one at 53-01 74th St., in Queens’s neighborhood of Elmhurst. Acadia Realty Trust sold a 95 percent ownership stake in…

Washington, D.C., is home to the most prime office buildings in the country, according to a new report from CBRE, with its 68 properties edging Dallas, which has 66. The data is based on CBRE’s analysis of office markets in…

The facility also features dedicated tenant storage rooms adjacent to the loading dock. Image courtesy of The Davis Cos. The Davis Cos. and Invesco Real Estate have delivered 101 Smith Place, a 161,616-square-foot build-to-suit Class A life science and laboratory…

Downtown Austin, Texas The problems facing some CBD office properties have overshadowed the commercial real estate narrative, according to experts at the National Association of Real Estate Editors conference in Austin last week. CBD office values have fallen 56 percent…

The sector’s completions and net absorption have both slumped, while the vacancy rate continues to trend upwards. Chart courtesy of Marcus & Millichap Medical office construction has slowed – especially outside of Texas – and healthcare retailers are shuttering, according…

JPMorganChase is planning to double its downtown Miami office footprint at 1450 Brickell to 160,000 square feet, up from 80,000 square feet over the next two years, as well as expand its physical presence in other parts of Florida. JPMorganChase’s…