Commercial

Despite often being overshadowed by the modern facilities built during the development surge of the past few years, Class B industrial assets continue to attract a diverse range of businesses. Built in 1972, B&D Holdings’ 21 Parker Drive in Avon,…

Savills North America announced an association agreement with Caribbean Real Estate Services, a leading Puerto Rico-based tenant advisory firm. Janet Woods, North America President, Savills. Image courtesy of Savills The association with CRES strengthens Savills’ network in the Americas and…

Empire Realty Investments Inc. has sold Bensalem Shopping Center, a 109,057-square-foot grocery-anchored retail center in Bensalem, Penn., a Philadelphia suburb. A private investor paid $20.1 million for the asset, financing the purchase with a $15.4 million loan from the Bank…

Office lease incentives dropped last year for the first time since CBRE began tracking this metric in 2019. The firm’s latest report also shows that Class A+/A office building rents and those in Class B and C continue to go…

The facility is close to Interstate 77 and includes two exist ramps, with a third one under construction. Image courtesy of Avison Young Leon Industrial, a Leon Capital Group subsidiary, has paid $11.5 million for a 120,000-square-foot industrial property in…

Tosa Health Center is a three-story medical office building in Wauwatosa, Wis. Image courtesy of CommercialEdge Hammes Partners has acquired Tosa Health Center, a 100,977-square-foot Class A medical office building in Wauwatosa, Wis., a submarket of Milwaukee. Montecito Medical Real…

In the second-biggest data center construction loan so far this year, CIM Group and Novva Data Centers have secured $2 billion in financing from J.P. Morgan and Starwood Property Trust. The loan will enable Novva to complete the second and…

The cross-dock industrial property is at 25340 S. Ridgeland Ave., within 20 miles of three intermodal yards. Image by VHT Studios, courtesy of Seefried Industrial Properties Nuveen has signed a 168,741-square-foot lease at its industrial facility in Monee, Ill., within…

Lovett Industrial has entered the Nashville market with the purchase of 10.4 acres in Hendersonville, Tenn. This swath of land will be the development site of Innovation Way Logistics Center, a 107,500-square-foot industrial property. Innovation Way Logistics Center will be…

The joint venture of A.M. Property Group and Northeast Capital Group has obtained $133 million for the refinancing of The Link, a Class A trophy office complex in downtown Stamford, Conn. Deutsche Bank and Urban Standard provided the financing in…