Commercial

Newcastle Partners, a San Francisco-based real estate investment and development company, has secured $27.5 million in construction financing to build a 408,997-square-foot Class A speculative industrial warehouse and distribution facility in Hesperia, Calif. Mesa Linda Logistics Center is slated for…

MSC Industrial Supply owned and occupied the facility prior to Würth’s acquisition. Image courtesy of CommercialEdge Würth Industry North America has acquired a 472,000-square-foot industrial asset in Columbus, Ohio, with the potential for a future expansion of 500,000 square feet.…

Goodman LAX01 Vernon will comprise 250,000 square feet across three stories. Image courtesy of Goodman Group Goodman Group has started construction on LAX01 Vernon, a 49.5 megawatt data center project in Vernon, Calif. The facility will rise three stories and…

Trammell Crow Co. will develop a 1 million-square-foot industrial project in Hagerstown, Md. The build-to-suit facility will serve as the new primary East Coast distribution center for Lifetime Brands, the Maryland Department of Commerce announced. Earlier this year, a joint…

The 1 million-square-foot Americas Tower is LEED Silver certified. Image courtesy of Silverstein Properties Global specialty insurance organization H.W. Kaufman Group has signed a 11,012-square-foot lease at Silverstein Properties’ 1177 Avenue of the Americas in Midtown Manhattan. The tenant will…

Therese Fitzgerald Commercial real estate finance executives are hoping for a more business-friendly regulatory environment under President Trump. The president’s nomination of Michelle Bowman to be the Federal Reserve’s new vice chair of supervision is another sign they are likely…

Consumer trends indicate a growing preference for strip centers as go-to destinations for everyday retail needs, Hoogland told CPE. Image courtesy of Legacy Commercial Property With retail development at record lows, revitalizing older retail centers remains a key strategy for…

Fed Chair Jerome Powell speaks at the March 19 press conference. Screenshot by Gabriel Frank The Federal Reserve Open Markets Committee elected to keep interest rates the same at the conclusion of its March meeting, at a target range of…

Sauer Industrial Center is a 280,000-square-foot property located on a 26-acre site. Image courtesy of JLL Income Property Trust JLL Income Property Trust has acquired Sauer Industrial Center, a 280,000-square-foot distribution center in Richmond, Va., for approximately $40.7 million. Becknell…

The future Wayfair store is scheduled to open in 2026. Image courtesy of Wayfair Inc. Boston-based Wayfair Inc. has signed a 150,000-square-foot lease at The District at Howell Mill, a 306,109-square-foot shopping center in Atlanta. Retail Planning Corp. arranged the…