Commercial

Manufacturing in the U.S. is expanding at a rate not seen in decades, and it is going to have a major impact on the U.S. industrial real estate markets, according to a new JLL report, U.S. Manufacturing Renaissance.  In fact,…

The office building at 515 Post Oak Blvd. rises 12 stories in Houston’s Galleria submarket. Image courtesy of JLL New York Life Real Estate Investors has sold 515 Post Oak, a 274,583-square-foot, Class A office building in Houston, to Dallas-based…

Demand for top-quality office space continues, according to a new report from Savills, with net effective costs for such assets rising by 0.7 percent in North America in the fourth quarter of 2024. The WELL office building in Bay Harbor…

The facility is inside the CenterPoint Intermodal Center, which is designated as a Foreign Trade and Enterprise Zone. Image courtesy of CenterPoint Properties CenterPoint Properties has signed a full-building lease with 3PL firm RJW Logistics Group for a 976,954-square-foot industrial…

Ivanhoé Cambridge, the real estate group of CDPQ, has refinanced its 42-story trophy office tower at 3 Bryant Park in Midtown Manhattan, to the tune of $1.12 billion. JLL’s Capital Markets group arranged the funding. 3 Bryant Park is a…

MBA Associate Vice President Commercial/Multifamily Research Reggie Booker Origination figures released yesterday by the Mortgage Bankers Association show lending is rebounding despite higher-for-longer rates and global and domestic uncertainties.   In MBA’s Commercial/Multifamily Mortgage Originations Index, Q4 2024 originations were…

The average size of the top 100 office leases in 2024 rose to 288,834 square feet, up 8 percent year-over-year, according to CBRE’s latest report. The survey also found that renewals accounted for 68 percent of the new agreements, marking…

Washington, D.C.’s office sector ended last year with mixed fundamentals, according to the latest CommercialEdge data. The investment sector saw heightened activity compared to 2023, as the capital recorded a 19.8 percent year-over-year increase in transaction volume. As vacancy rates…

Heritage Capital Group has purchased a five-property, 508,814-square-foot industrial flex portfolio in Chesapeake, Va., for $45 million. Teams from Cushman & Wakefield | Thalhimer and Cushman & Wakefield in Washington, D.C., represented the sellers, DSC Partners and Iron Point Partners.…

Southwire, a wire and cable manufacturer, plans the construction of a 1.2 million-square-foot distribution center in Bremen, Ga. Southwire’s 1.2 million-square-foot distribution center in Bremen, Ga. Image courtesy of Southwire The facility will serve as a centralized hub for Southwire’s…