Commercial

Concrete is ubiquitous, used in all sorts of structures around the globe, mainly because it’s affordable and durable. However, nobody would call it “an environmentally friendly construction material.” It actually accounts for 8 percent of the world’s emissions of carbon…

ULI’s Spring Meeting is being held in New York. Image by Fotios Tsarouhis The Urban Land Institute’s latest economic forecast, released Tuesday at the organization’s annual Spring Meeting, reflects the real estate sector’s relief at averting a major slowdown this…

Peachtree Distribution Center features 66 dock-high loading doors, three drive-in doors and 50- by 60-foot bay spacing. Image courtesy of CBRE CapRock Partners has made its Texas industrial debut with the acquisition of Peachtree Distribution Center, a 396,750-square-foot facility in…

Phoenix, already a top industrial and advanced manufacturing hub in the U.S., can expect to attract even more investments across all commercial real estate sectors now that Taiwan Semiconductor Manufacturing Co. plans to add a third fab for a total…

Home Depot anchors the retail component of 28-40 W. 23rd St. Image courtesy of Williams Equities Williams Equities has landed a $155 million CMBS loan to refinance a Manhattan office asset. Citi Real Estate Funding Inc. provided the five-year financing…

Dick’s Sporting Goods, one of the Esplanade Shopping Center’s anchor tenants. Image courtesy of CommercialEdge Primestor Development has completed the $90 million purchase of the Esplanade Shopping Center, a nine-building, 357,000-square-foot grocery-anchored shopping center in Oxnard, Calif. According to CommercialEdge…

360 Madison Ave rises 25 stories in Midtown Manhattan. Image courtesy of CommercialEdge Flexible office provider Convene has expanded its footprint at 360 Madison Ave. by 22.519 square feet, taking the sixth floor. Together with the fourth and fifth floors…

As the year kicked off, Houston’s office market still struggled with low activity and occupancy, according to CommercialEdge data. The construction pipeline as of the end of February was below the national development figure and behind many comparably sized markets.…

Building 4A is the most recently delivered property within the 1,150-acre industrial park. Image courtesy of Stonemont Financial Group Stonemont Financial Group has signed a 733,200-square-foot lease at Georgia International Trade Center’s Building 4A, in Port Wentworth, Ga. Armstrong Logistics…