Commercial

Penzance has acquired Gateway & Linden, a six-building industrial portfolio totaling 212,086 square feet in Manassas, Va. A partnership owned by Davin Holdings and The Davis Cos. sold the properties for $55 million. Gateway & Linden, a six-building industrial portfolio…

Basis Investment Group and Lion Creek Real Estate Capital have formed a partnership called BIG Lion. Under the terms of the deal, Lion Creek will originate commercial real estate debt and equity investments for Basis, which will then perform due…

Blackstone President & COO Jonathan Gray. Last month the company took Retail Opportunity Investment Corp. private. Photo courtesy of Blackstone Blackstone has closed an $8 billion real estate debt fund, the firm said on Friday. The vehicle is only the…

Lincoln Logistics Rockland includes 36-foot clear heights, ample column spacing and a built-to-suit office component. Image courtesy of Lincoln Equities Group Lincoln Equities Group has signed a 109,450-square-foot long-term lease at its Lincoln Logistics Rockland, an industrial facility in Valley…

Lehi Spectrum consists of a first five-story building at 1650 W. Digital Drive that serves as Podium’s headquarters, and a second office building at 1550 W. Digital Drive. Image courtesy of CommercialEdge Fort Street Partners, in joint venture with Cumming…

For the first time, Northern Virginia is not the preeminent location for data center absorption, according to a new report from CBRE. Atlanta is the new leader in the amount of space leased compared to the amount vacated, achieving 705.8…

Brookfield’s Michael Daschle speaking at NYU Schack’s Annual Conference on Sustainable Real Estate. Also pictured (L to R): National Grid’s Donald Chahbazpour, NYSERDA’s Michael Reed and Hines’ Benjamin Rodney. Photo by Therese Fitzgerald Despite advances in sustainable technologies and renewables,…

Garan Inc. has signed a full-floor lease to expand its corporate headquarters at 99 Park Ave., a Class A, 600,000-square-foot office high-rise in Midtown Manhattan. CBRE represented the tenant, while JLL worked on behalf of landlord Global Holdings. The children’s…

Aerial view of data centers in Ashburn, Va. Photo by Gerville/iStock Over the last decade, state and local governments have welcomed data centers with open arms by creating massive subsidies and tax incentives for them. According to NAIOP, 36 states…

The manufacturing sector continues to expand, with over 100 million square feet delivered since 2022 and another 100 million under construction as of January, according to the latest CommercialEdge industrial report. Manufacturing investment is driving millions of square feet in…