Commercial

KBS has sold Clay Crossing Business Center, a 222,750-square-foot light industrial facility in Houston. HPI Holdings II LLC purchased the four-building asset. The 14-acre Clay Crossing Business Center comprises four buildings. Image courtesy of KBS JLL brokered the transaction, with…

In an effort to meet current tenants’ needs and attract new businesses to their buildings, office landlords have been extensively upgrading their assets over the past few years. In Oklahoma City, one overhaul stands out. Formerly known as Liberty Tower,…

The April Digital Issue of CPE Is Now Available! From the Editor Feature. Image courtesy of Lawrence Group Trend. Image by Andrii Yalanskyi/iStockphoto.com Industrial. The need for power is becoming increasingly more crucial as industrial tenants more broadly embrace automation…

The 352,000-square-foot facility is set to include 80 dock doors and two drive-in doors. Image courtesy of Colliers W.M. Jordan Development has started construction on 460 Commerce Center, a 352,000-square-foot industrial project in Windsor, Va. The speculative building is anticipated…

777 W. Putnam Ave. recently underwent a capital improvement program. Image courtesy of Newmark Flexible office provider Stark Office Suites has extended and expanded its lease at 777 W. Putnam to 23,538 square feet of coworking space in Greenwich, Conn.…

Jeff Matlock Developers are essentially eternal optimists at heart. It’s almost a requirement to be a project visionary. But even that level of positivity can be tested during in a market like we’ve experienced post COVID. That’s when it is…

Alex Sharrin Despite low transaction volume across the commercial real estate industry last year, noticeable tailwinds have positively impacted net lease activity, and green shoots have emerged within the sector. Both real estate professionals and investors are forecasting stability and…

This year’s largest SASB office CMBS loan was $475 million for Warner Bros. Studios in Burbank, Calif. Image courtesy of Worthe Real Estate Group and Stockbridge This year’s largest SASB office CMBS loan was $475 million for Warner Bros. Studios…

Lincoln Property Co. has obtained a $65 million loan for the refinancing of Wateridge, a 585,580-square-foot office and retail campus in West Los Angeles. JLL Capital Markets secured the five-year, fixed-rate financing through Deutsche Bank. The Wateridge campus features more…

In 2019, Piermont Bank Founder & CEO Cai-Lee embarked on a path to make fundamental changes within CRE financing. Image courtesy of Piermont Bank In the intricate web of commercial real estate banking, one figure stands out: Wendy Cai-Lee, the…