Commercial

The Irwindale, Calif., facility that Rexford Industrial acquired last October for $120 million. Image courtesy of CommercialEdge The Irwindale, Calif., facility that Rexford Industrial acquired last October for $120 million. Image courtesy of CommercialEdge The Irwindale, Calif., facility that Rexford…

Source: PropertyShark, a Yardi Systems Inc. company Sale Price: $80,000,000 Madison Realty Capital acquired the Flushing Landmark Building, a 100,500-square-foot, three-story office building in downtown Flushing. The seller is an entity related to Victoria Realty Group’s Jeffrey Wu, which initiated…

Not seasonally adjusted; $ in millions Source: U.S. Census Bureau Source: U.S. Census Bureau Source: U.S. Census Bureau Year-over-year through January, new orders decreased by an average of 1.6 percent, equal to $8.7 million, based on data from the U.S.…

In the ever-evolving industrial sector, the Southern and Southeastern regions have taken the forefront on our list of emerging industrial markets, which we’ve identified with the use of CommercialEdge data. Their rise as industrial areas is a multifaceted success story,…

Fueled by a $756 million financing package, construction is underway on the first phase of the Speedway Commerce Center, a 6.6 million-square-foot logistics project planned by a CBRE Investment Management fund and Hillwood Investment Properties in California’s Inland Empire. The…

Driven by a growing economy, an influx of residents from neighboring markets and the increasing requests of the e-commerce industry, Phoenix’s industrial market continues to thrive. Underneath, we’ve assembled CommercialEdge data for a rapid overview of the dynamic performance of…

Chris Wimmer CFA The growth of artificial Intelligence has reignited demand for data centers. On the heels of tailwinds driven by ecommerce and the expansion of all-things-digital, the increased adoption of AI will further increase the need for significant data…

Intercontinental Park III is part of a three-building campus totaling some 357,000 square feet. Image courtesy of Colliers Intercontinental Park III is part of a three-building campus totaling some 357,000 square feet. Image courtesy of Colliers Intercontinental Park III is…

Jonathan Hipp After the last two years of falling CRE transactions and property valuations, markets are starting to come back. BlackRock Real Estate Research said that it’s time to invest. SL Green Realty has a $1 billion opportunity debt vehicle.…

PJ Prellwitz At a time when many loans coming due are resulting in defaults, especially in the office sector, opportunistic investors are considering using conversions or substantial repositioning to make their investments pencil. A recent Wall Street Journal article stated…