Commercial

The rapid growth of artificial intelligence has surged demand for data centers, fueled by their need for vast data and processing power, according to the most recent CommercialEdge industrial report. Data centers are experiencing a surge in demand due to…

The rise in construction costs looks to be slowly decelerating, according to the latest research from Rider Levett Bucknall. The firm’s report showed that the average national growth in construction costs was 1.29 percent in the first quarter of 2024…

The 708,990-square-foot facility that CRG sold last year is adjacent to the 77-acre land purchased by Lecangs. Image courtesy of CRG Global 3PL company Lecangs has purchased 77 acres at The Cubes at West Port, a 764-acre master-planned industrial park…

Peachtree Ridge is a 159,962-square-foot office building currently 64 percent leased. Image courtesy of Transwestern OA Development has signed a 101,891-square-foot lease renewal at Peachtree Ridge, an approximately 160,000-square-foot office property in Norcross, Ga. The tenant is architecture, engineering and…

The SEC finalized its long-awaited Climate Disclosure Rules on March 6. On April 4, the agency agreed to hold off on implementation due to litigation. Image by krblokhin/iStockphoto.com Climate regulation is sweeping the nation, and commercial real estate is often…

Denton Exchange 35 will rise at the conflux of interstates 35 East and 35 West. Image courtesy of Stream Realty Partners EastGroup Properties has broken ground on Denton Exchange 35, a two-building, Class A 244,000-square-foot industrial development in Denton, Texas.…

Brookfield Properties has broken ground on Camelback 303 Logistics Center, a 616,100-square-foot industrial development in Goodyear, Ariz. Each building at Camelback 303 Logistics Center will sit on more than 50 acres of land, providing ample space for outdoor storage. Image…

Belleville Logistics, which will total 204,407 square feet upon completion. Image courtesy of PCCP LLC Lincoln Equities Group has closed on a $53.5 million senior construction loan for Belleville Logistics, a two-building last-mile logistics campus in Belleville, N.J, roughly 8…

The first phase of Eastmark Center of Industry in Mesa, Ariz., comprises five buildings. Image courtesy of IndiCap IndiCap and AECOM-Canyon Partners have completed the 65-acre, five-building, 978,837-square-foot first phase of Eastmark Center of Industry, a Class A industrial park…