Commercial

Great American Tower, which spans 350,049 square feet across 25 stories. Photo courtesy of CommercialEdge DPC Cos. has completed the sale of 3200 Central, a 25-story, 350,049-square-foot office building in Phoenix. Los Angeles-based Younan Properties picked up the property for…

400 Summer St., a 630,000-square-foot life science development in Boston’s Seaport district, has celebrated its formal opening as the new headquarters of Foundation Medicine, a cancer-testing tech specialist previously based in Cambridge, Mass. The building is the most recent development…

The June Digital Issue of CPE Is Now Available! From the Editor Feature. Image courtesy of Avison Young Distressed. Image by solidcolours/iStockphoto.com Industrial. Images courtesy of Lowney Architecture CDO Stack. Image by sorbetto/iStockphoto.com Economist’s View. Image by Erhui1979/iStockphoto.com Transactions. Image…

Industrial projects continue to move forward, albeit at a more moderate pace. According to CommercialEdge data, approximately 401 million square feet of industrial space was under construction across the U.S. by the end of April, accounting for 2.0 percent of…

AZ Development-owned 111 Bain St. houses one of the two coworking locations. Image courtesy of CommercialEdge THRIVE | Coworking has acquired transform GSO, an independent flexible office provider with two coworking locations in Greensboro, N.C. Originally known as HQ Greensboro,…

Weis Markets will anchor Bayberry Town Center with a 64,000-square-foot store. Image courtesy of Blenheim Group Blenheim Group has broken ground on Bayberry Town Center, a 280,000-square-foot mixed-use project in Middletown, Del., a Philadelphia suburb. Upon completion, the property will…

Gayton Crossing is in one of the most densely populated areas in Henrico County. Image courtesy of Continental Realty Corp. In its first Virginia purchase, Continental Realty Corp. has acquired Gayton Crossing, a 160,830-square-foot neighborhood shopping center in Richmond, through…

Engaging with tenants about sustainability and energy efficiency is becoming a key priority in the commercial real estate sector, reflecting a broader shift toward environmental responsibility and responding to the evolving expectations of investors and tenants. Strategies for effective tenant…

Promenade at Highlands Ranch received seven offers from investment companies. Image courtesy of Institutional Property Advisors JCR Cos. has entered Colorado with the $26.7 million purchase of Promenade at Highlands Ranch, a 136,521-square-foot retail center in Highlands Ranch. Grant Street Funding…

The recently renovated Unison Elliott Bay. Image courtesy of The RMR Group The Seattle market has gained 300,000 square feet of life science lab, R&D and Class A office space with the completion of renovations at Unison Elliott Bay, a…