Commercial

CTO Realty Growth’s retail portfolio encompasses 5.2 million square feet. Image courtesy of CTO Realty Growth CTO Realty Growth has purchased Ashley Park, a 559,000-square-foot retail center in Newnan, Ga., for $79.8 million. The previous owner was Apollo Global Management,…

Advance Auto Parts Tower rises 20 stories in Raleigh’s North Hills submarket. Image courtesy of CommercialEdge Highwoods Properties Inc. has agreed to acquire Advance Auto Parts Tower, a 20-story, Class A+ office asset in Raleigh, N.C. The Triangle Business Journal…

Medical outpatient buildings are poised for double-digit growth, according to JLL’s latest research. A surge in outpatient demand, spurred by an aging population with even greater health-care services needs and increasing disease prevalence, puts outpatient volumes in the U.S. on…

Goucher College near Baltimore has struck a unique deal with The Whiting-Turner Contracting Co., a construction management firm that will relocate its corporate headquarters to the campus. Rendering of Whiting-Turner’s new corporate headquarters to be built on the Goucher College…

RSM Plaza includes two 20-story buildings and was last upgraded in 2018. Image courtesy of Transwestern Real Estate Services Golub & Co. has signed a 12,277-square-foot lease at RSM Plaza, a 415,824-square-foot office complex in Minneapolis’ central business district. Transwestern…

When complete, I-84 Orange County Logistics Center will feature 36-foot clear ceiling heights, 31 dock doors and two drive-in doors. Image courtesy of Ridgecut Road Ridgecut Road, a real estate investment firm focused on the Northeast market, will soon break…

L’Oréal’s research facility has 10,000 solar panels on its rooftop. Image courtesy of L’Oréal Groupe More than two years after breaking ground, L’Oréal Groupe has completed its nearly 250,000-square-foot scientific research center in Clark, N.J., and has begun full operations at…

The cross-dock facility at 1600 N. Park Drive features 25-foot clear heights and ample vehicle and trailer parking spaces. Image courtesy of Lincoln Property Co. Lincoln Property Co., in joint venture with Walton Street Capital, has purchased a 226,392-square-foot distribution…

The 47-story Texas Tower was 95 percent leased at the time of the deal. Image courtesy of Newmark The joint venture of Hines and Ivanhoé Cambridge has received $450 million in refinancing for Texas Tower, a 1.2 million-square-foot high-rise in…

Completions in the office sector in 2024 totaled 43.2 million square feet, the lowest annual total since 2013. The reduction in construction activity comes as a result of slow leasing, tougher to secure construction financing, increased interest rates and shifts…