Commercial

Source: PropertyShark, a Yardi Systems Company Sale Price: $27.5 million Nonprofit organization Christian Advocates Serving Evangelism has sold the 9,765-square-foot retail property in the borough’s Lenox Hill neighborhood. The buyer is Kassin Sabbagh Realty, known as KSR. The property previously…

PNK Group is using a proprietary modular method in bringing PNK Ashton Park online. The company utilizes standardized large-block components from its manufacturing facilities in Georgia and Pennsylvania. Rendering courtresy of PNK Group PNK Group has broken ground on PNK…

Source: PropertyShark, a Yardi Systems Company Sale Price: $161.3 million Barings took over the 557,735-square-foot office mid-rise property in Midtown Manhattan during an auction. The seller was RXR, that lost the property after it defaulted on a $315 million loan…

In the first two months of 2025, San Francisco continued to post the highest office vacancy rate in the nation. Meanwhile, other fundamentals showed significant improvement, when compared to the same period last year, according to the latest CommercialEdge data.…

Completed in 2000, the 25-story building is within the city’s South Financial District. Image courtesy of CommercialEdge In the largest post-pandemic deal in San Francisco, a joint venture between DivcoWest and Blackstone Real Estate has paid $111 million for 199…

The four-building Four Mile Industrial Park is Spotsylvania County’s largest industrial park. Image courtesy of Cushman & Wakefield | Thalhimer Cushman & Wakefield | Thalhimer brokered the sale of Four Mile Industrial Park, Spotsylvania County, Va.’s largest industrial park. The…

285 Madison Ave. in Midtown Manhattan. Image courtesy of Ocean West Capital Partners RFR Realty has handed ownership of 285 Madison Ave. in Midtown Manhattan to its mezzanine lender, a consortium of some of South Korea’s largest insurance companies advised…

Westgate II is located at 17320 Katy Freeway, less than 5 miles west of McDermott’s headquarters. Image courtesy of CommercialEdge McDermott International has leased 50,498 square feet at Westgate II, a 186,288-square-foot office building in Houston. JLL led the marketing…

Therese Fitzgerald As host of a podcast on sustainability, I’ve heard a sentiment repeated by a number of guests lately. That is, regardless of the constraints President Trump imposes on existing federal environmental regulations and legislation, states and cities will…

88 Kearny St. in San Francisco has been purchased for $74.5 million. Photo courtesy of LendingClub Corp. Financial services company LendingClub Corp. has inked a deal to acquire the 233,887-square-foot 88 Kearny St. in downtown San Francisco for $74.5 million.…