Commercial

Now 93 percent leased, Dadeland Centre I and II were delivered in phases, in 2003 and 2008. Image courtesy of JLL The Green Cos. has secured a 10-year, fixed-rate loan from Goldman Sachs for Dadeland Centre I and II, two…

Buchanan Capital’s new property is part of the larger, 1.5 million-square-foot Innovation Business Park in Hutto, Texas. Image courtesy of Buchanan Capital Partners Buchanan Capital Partners has acquired an industrial asset in Hutto, Texas, within the larger Austin metro area.…

Skanska has completed the U.S.’s first mass timber broadcast facility. In fact, Cincinnati Public Radio’s new headquarters, which had a price tag of $32 million, is also the city’s first such building. Skanska worked together with Emersion Design, Neyer Properties,…

What a difference a quarter makes. Following a record high of 126.6 at the end of the fourth quarter, the CRE Finance Council’s Board of Governors Sentiment Index has plummeted to 87.9—a fall of 30.5 percent. This was the second-largest…

The wave of distress forecasted since the pandemic is now taking shape, particularly in large urban office properties facing weakened demand and expiring leases, the latest CommercialEdge report shows. In 2024, distressed office deals rose to 25 million square feet.…

Synergy’s new high-rise, 99 High Street in Boston, was completed in 1971 and had some $24 million in capital improvements invested over the past decade. Image courtesy of Synergy Synergy has acquired 99 High St., a 32-story Class A office…

Source: Mortgage Bankers Association Commercial mortgage delinquencies increased in the fourth quarter of 2024, according to the Mortgage Bankers Association’s latest commercial delinquency report. Commercial mortgage delinquency rates increased in the fourth quarter of 2024, with the exception of life…

Source: S&P Global Market Intelligence As of April 7, publicly traded U.S. equity REITs posted a one-year average dividend yield of 3.91 percent. The office REIT sector recorded the highest one-year average dividend yield among this group, at 5.20 percent,…

Prologis invested $646 million in new industrial developments during this year’s first quarter. Image courtesy of Prologis Prologis and Broadstone Net Lease will develop a $78.2 million build-to-suit industrial project encompassing 422,000 square feet in Forsyth, Ga. Slated for delivery…

The Giant-anchored Suburbia Shopping Center was 85 percent leased at the time of the sale. Image courtesy of JLL An affiliate of High Real Estate Group has purchased Suburbia Shopping Center, a 154,219-square-foot retail property in Pottstown, Pa., from The…