Commercial

Summit Real Estate Group has closed on a 190-acre land acquisition for Wendell Commerce Center in Wendell, N.C., and in July will begin developing in one of the fastest-growing communities in the Raleigh MSA. Summit Real Estate Group has closed…

Sky Harbor Center comprises five office buildings. Image courtesy of Cushman & Wakefield A private investor has paid $44.3 million for the leasehold interest in Sky Harbor Center, a recently renovated, 534,849-square-foot office campus in Phoenix. The buyer financed the…

U.K.-based JCB has started construction on a $500 million, 720,000-square-foot factory in San Antonio, marking the biggest investment in its history. It will be the company’s second-largest plant after its headquarters facility in Rocester, Staffordshire, England. JCB’s San Antonio factory.…

Founders Properties has purchased 21st Street Center, a 162,232-square-foot property in Tempe, Ariz. Clarion Partners sold the asset for $30 million, according to public records. The Lincoln National Life Insurance Co. provided a $15 million acquisition loan, the same source…

Sterling Organization, of West Palm Beach, Fla., has reached the final close of its Sterling Value Add Partners IV LP. Last fall, Sterling Organization has acquired Marketplace at Buckhead, formerly known as Cherokee Plaza, in Atlanta. Image courtesy of Sterling…

Construction on Gayteway Business Park began in 2019, with buildings coming online in 2020, 2023 and 2024. Image courtesy of CBRE EQT Exeter has purchased four industrial buildings totaling 365,000 square feet, part of Gayteway Business Park in Arlington, Wash.…

We spend up to 90 percent of our lives indoors and it’s important to understand the health implications of our indoor environments, said Burt. Image courtesy of hb+a Architects Commercial real estate spaces today look very different from what they…

33815 Weyerhaeuser Way S. features 32-foot clear heights, two grade-level and 35 dock-high doors, along with a 130- to 185-foot truck court. Photo courtesy of IRG Amazon has leased the entirety of Industrial Realty Group’s 33815 Weyerhaeuser Way S. in…

After acquiring 16 acres, Sartorius broke ground on the Center of Excellence in Ann Arbor, Mich., in June 2022. Image by Melanie Reyes, courtesy of Sartorius Sartorius, a Germany-based life science research and biopharmaceutical company, has completed a $100 million,…

Mira Mesa Market West Shopping Center came online in 2000. Image courtesy of Decron Properties Decron Properties has acquired Mira Mesa Market West Shopping Center, a 238,747-square-foot retail center in San Diego. Stockbridge Capital Group sold the fully leased asset…