Commercial

Vantive will lease nearly 700,000 square feet at the Corporate 500 campus in Deerfield, Ill. Vantive, a spinoff of Baxter International that focuses on kidney care, has leased nearly 670,000 square feet of space at the Corporate 500 office campus…

Arbor Lakes Business Park in Maple Grove, Minn. Image courtesy of PCCP. PCCP LLC and Endeavor Development are launching the third phase of construction at Arbor Lakes Business Park, an industrial development in Maple Grove, Minn. The project will add…

There are many challenges related to developing a new property, especially when it comes to navigating regulatory hurdles. This month the CPE Executive Council share some of the challenges they’re facing. Doug Ressler An In-Depth Look Developing new properties often…

Construction began on two of the project’s 14 buildings. Image courtesy of The Hollingsworth Cos. The Hollingsworth Cos. has broken ground on SouthPoint Mississippi Industrial Park, a project spanning more than 2 million square feet in Grenada, Miss., with the…

StepStone currently occupies almost 50,000 square feet at 277 Park Ave., in Manhattan. Image courtesy of CommercialEdge StepStone Real Estate has closed StepStone Real Estate Partners V, its fifth flagship fund dedicated to real estate secondaries. At $3.8 billion in…

The new headquarters of Grover Biopharma is at 400 N. Aberdeen St. Image courtesy of Trammell Crow Co. Grove Biopharma has signed a 17,000-square-foot lease for science-ready lab space in Chicago’s Fulton Market neighborhood. The 423,460-square-foot property, located at 400…

Paramount Group’s 1301 Avenue of the Americas office tower in Manhattan. Image courtesy of CommercialEdge BlackRock Inc. has cut its stake in Paramount Group, from a reported 14 percent down to 9.7 percent, Crain’s New York Business first reported. The…

Amgen has initiated a $900 million expansion of its New Albany, Ohio, manufacturing facility, bringing the company’s total investment in Central Ohio to more than $1.4 billion. Amgen’s first drug manufacturing facility in Holly Springs will be operational in 2026.…

Completed in 2004, the distribution center is roughly 13 miles from downtown Greenville. Image courtesy of Atlanta Property Group Atlanta Property Group has entered the Greenville, S.C., market with the acquisition of a Class A distribution center spanning 173,000 square…

Completed in 1978, the one-story facility was most recently renovated in 2013. Image courtesy of CommercialEdge PSAI Realty Partners has landed a $51 million loan backed by a 138,410-square-foot facility in Sunnyvale, Calif., according to CommercialEdge information. City National Bank’s…