Commercial

Wilks Development is set to break ground this month on the $550 million first phase of Firefly Park, a 242-acre mixed-use master-planned community in Frisco, Texas. Construction on Phase One is expected to be completed by mid-2027. A rendering of…

Tom Whitesell, head of Kennedy Wilson’s debt investment platform. Construction financing carries a higher risk profile than most other loan categories. But even in today’s uncertain climate, some lenders are not only keeping a hand in this category but embracing…

GTIS aims to complete the industrial asset by early 2025. Image by Alliance Architects, courtesy of Stream Realty Partners GTIS Partners has commenced construction on 121 Commerce Center, an industrial development totaling 272,160 square feet of space in Grapevine, Texas.…

The four-story, 90,089-square-foot building is part of Perimeter Park, a 3 million-square-foot master-planned development. Image courtesy of Trinity Partners Education technology pioneer IXL Learning has expanded its East Coast headquarters by 22,309 square feet at Perimeter Park in Morrisville, N.C.…

860 Broadway used to be one of Andy Warhol’s studios. Image courtesy of CommercialEdge Flexible office space provider Industrious has signed a lease extension and expansion for its space at 860 Broadway in Manhattan, bringing its footprint at the property…

New Jersey’s industrial sector is experiencing significant growth, fueled by e-commerce demand and increased port activity. However, the market saw unprecedented demand for industrial space, leading developers to push the envelope by delivering modern last-mile distribution centers to fulfil needs.…

The office tower at 1812 N. Moore St. rises 35 stories. Image courtesy of CommercialEdge Monday Properties has secured a 24,023-square-foot office lease at 1812 North Moore in Arlington, Va., near Washington, D.C. The tenant, Graham Holdings Co., will fully…

Greystar has completed Gateway Grand Phase I, a 1 million-square-foot industrial development in Mesa, Ariz. Situated in a Foreign Trade Zone, the two-building project marks the company’s first industrial delivery in the state. It also represents Greystar’s effort to gain…

Lew Sichelman The repo man is finding more work in the commercial real estate industry, two recent reports show. Commercial foreclosures rose 6 percent in March of this year and were up 117 percent from March of 2023, according to…

Cool Springs Pointe came online in 1998. Image courtesy of Greenberg Gibbons In its first Tennessee acquisition, Greenberg Gibbons has purchased Cool Springs Pointe, a 198,103-square-foot retail center in Brentwood, Tenn., for $34.5 million. CommercialEdge data reveals the previous owner…