Placer.ai Office Index—February 2025 Recap

Placer.ai Office Index—February 2025 Recap

Month-over-month office foot traffic decline percentages. Source: Placer.ai While headlines trumpeting an imminent return to traditional office life fueled by corporate mandates have become increasingly common in recent months, ground-level data reveals a more complex reality. Office building foot traffic indicates that…
TMT Properties Buys Orlando Office Complex

TMT Properties Buys Orlando Office Complex

The 161,437-square-foot Celebration Office Center consists of two two-story buildings across 12 acres. Image courtesy of JLL Florida-based TMT Properties Inc. has bought Celebration Office Center, a 161,437-square-foot office complex in Kissimmee, Fla., from Reva Cos. The property traded for…
Schonsheck Sells Detroit Power Center

Schonsheck Sells Detroit Power Center

Willow Creek Shopping Center is within Canton’s main retail corridor. Image courtesy of Marcus & Millichap Willow Creek Shopping Center, a 161,626-square-foot power center in Canton, Mich., has changed hands for $23.8 million. Schonsheck previously owned the asset, according to CommercialEdge…
Sealy & Co. Snaps Up Kansas City Asset

Sealy & Co. Snaps Up Kansas City Asset

The property features 32-foot clear heights, 111 dock doors and ample parking. Image courtesy of CommercialEdge Sealy & Co. has purchased Inland Port IV, a 575,154-square-foot industrial building within Logistics Park Kansas City, a master-planned campus in Edgerton, Kan. Newmark…
5M Phoenix Retail Project Moves Forward

$145M Phoenix Retail Project Moves Forward

Signature at SanTan Village is part of a nearly 600-acre master-planned campus. Image courtesy of Kensington Kensington Development Partners and IM Properties have acquired the development site for the first phase of Signature at SanTan Village, a 300,000-square-foot retail project…
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