Commercial

Apple has acquired 615 and 625 N. Mathilda Ave. in Sunnyvale, Calif., for $350 million. The property, which the company has already been occupying as a tenant, is a two-building office campus totaling 382,500 square feet. Jay Paul Co. sold…

Completed in 2016, the Brickell City Centre mall consists of four-story buildings across three city blocks. Image courtesy of Yardi research data Simon Property Group Inc. has acquired the remaining interest in the 500,000-square-foot retail and parking component of Brickell…

Source: CommercialEdge, a Yardi Systems Company In 2024, $70.8 billion in industrial sales closed across 4,828 deals and involving 566.3 million square feet, according to the latest CommercialEdge data. Last year, the average price per square foot stood at $127.99.…

Source: CommercialEdge, a Yardi Systems Company Industrial construction starts saw a significant slowdown from 2024 to 2025. In 2024, industrial construction activity demonstrated both growth and volatility. Some months recorded strong performances—such as April with 27.85 million square feet of…

The Savage Road industrial facility will encompass 357,840 square feet and is slated for completion in 2026. Image courtesy of Hanover Co. Texas-based Hanover Co. has broken ground on Savage Road, a 357,840-square-foot industrial development in Northampton, Pa. The project…

Scottsdale Quarter attracts more than 4.5 million visitors annually. Image by Vestar, courtesy of FalconEye Ventures FalconEye Ventures has acquired Scottsdale Quarter, a 755,000-square-foot mixed-use property blending Class A office, luxury retail and residential components in Scottsdale, Ariz. Washington Prime…

EdgeCore’s Louisa County data center will be its third in Virginia. Image courtesy of EdgeCore Digital Infrastructure EdgeCore Digital Infrastructure will invest $17 billion into a 3.9 million-square-foot data center campus in Louisa County, Va. The company acquired 697 acres…

The 64,000-square-foot Petersen Building opened in 1983. Image courtesy of Yardi research data Tinder co-founder Justin Mateen and brother Tyler Mateen have acquired The Hollywood Collection, a 180,000-square-foot retail portfolio on Los Angeles’ Hollywood Walk of Fame, for $69 million.…

Following successful negotiations with the other G7 nations, Treasury Scott Bessent requested the provision be eliminated. Screenshot from CSpan The One Big Beautiful Bill budget proposal is now missing a provision that would have been pretty undesirable for commercial real…

VanTrust expects to deliver this project by the second quarter of 2026. Rendering courtesy of VanTrust VanTrust will kick off construction on a speculative 302,400-square-foot industrial project in New Albany, Ohio, its seventh such development in the market. Completion is…