Commercial

Dalfen Industrial’s purchase in Hayward, Calif. Image courtesy of Dalfen Industrial Dalfen Industrial has acquired five industrial outdoor storage sites on the West Coast. Two of the purchased properties are in San Francisco’s East Bay, two are in metro Seattle…

Jessica Fiur, Editor-in-Chief I used to be so jealous of my brother. He works in tech—app development, to be exact. And he used to delight in telling me (bragging) about all the cool stuff at his office. There were foosball…

Nearly three decades after the advent of online shopping, the post-pandemic work landscape has accelerated long-underway changes in retail. Responding to pressure from shifting consumer trends, as well as dramatically reduced daytime population in city centers, the sector is trending…

Demetri Koston This is a difficult cycle. The steep series of rate increases in a relatively short span of time with continued volatility and upward pressures has put a strain on plans for most commercial real estate asset sponsors—a strain…

Building One of Goodman Commerce Center Long Beach, being built at the site of a former Boeing C-17 factory. Image courtesy of Goodman Group Goodman Group has begun construction of Building One of Goodman Commerce Center Long Beach, a 505,043-square-foot…

Source: PropertyShark, a Yardi Systems Inc. company Sale Price: $23,113,670 The 67,197-square-foot retail property changed hands in a bankruptcy auction to Weizhen Chen, a Flushing, N.Y.-based real estate investor. The property was sold by a private seller and last changed…

A roundup of recent major transactions put together by PropertyShark Sale Price: $22,200,000 An entity connected to IHL Group, a women and children’s apparel company, has purchased the 88,100-square-foot office property in Manhattan’s Garment District. The seller is David Berley’s…

AI is everywhere nowadays. But do you know how you can incorporate it into your commercial real estate business? The CPE Executive Council shares how they’ve started using it. Ryan Severino Model Behavior We are the most advanced users of…

Developers broke ground on the 140,000-square-foot manufacturing facility in 2022. Image courtesy of Hughes Network Systems Hughes Network System, an EchoStar company, has opened EXM, a 140,000-square-foot manufacturing facility in Germantown, Md. The building will also serve as a private…