Commercial

Austin’s under-construction pipeline continued its strong pace, ending July with approximately 4 million square of competitive office space across 30 projects underway, Yardi Research Data shows. The square footage represents 3.6 percent of its existing stock—well above the national average…

One of Park Place’s buildings is a 142,539-square-foot mid-rise at 11551 Ash St. Image courtesy of KBS KBS Real Estate Investment Trust III, a nontraded REIT affiliated with KBS, has sold its only mixed-use asset to DFW Land. The 484,980…

Source: PropertyShark, a Yardi Systems Company Sale Price: $1.1 billion RXR has purchased the approximately 999,646-square-foot office tower in Central Midtown from The State Teachers Retirement System of Ohio. RXR first announced the sale in May this year and it…

Laura Rude, director of energy management, Link Logistics Companies of all sizes encounter challenges when managing energy for their portfolios. An energy management program can help reduce operational costs and simplify utility management. Link Logistics, one of the largest owners…

Some markets are experiencing rising demand for high-tech industrial space, fueled by growth in AI and hardware production. Image by Tiero/iStockphoto.com The industrial sector held its ground in August, with national sales volume reaching $33.8 billion in the first half…

Irvine Co. has secured a $290 million permanent loan from U.S. Bank to refinance The Market Place, a 705,000-square-foot retail center in Tustin, Calif., according to Yardi Research Data. Irvine Co. has refinanced The Market Place, a 705,000-square-foot retail center…

Red Mountain Group moved certain tenants around and added new anchors to re-position Algonquin Commons. Image courtesy of Red Mountain Group, Inc. Nuveen Real Estate has purchased a 548,000-square-foot shopping center in Algonquin, Ill., from Red Mountain Group Inc. The…

The Class A property came online in 2002 and features 32-floot clear heights. Image courtesy of Yardi Research Data CenterPoint Properties has purchased a 395,750-square-foot industrial asset in Lithia Springs, Ga., marking its second investment in metro Atlanta since the…

Sukut Real Properties has obtained $130 million in first-lien financing for a 21-property industrial-focused portfolio totaling 1.1 million square feet in Southern California. One of the sites within Sukut Real Properties’ newly refinanced portfolio in Southern California. Image courtesy of…

The three warehouses are part of RiverPort Commerce, a master-planned industrial project that may encompass some 4.4 million square feet upon buildout. Image courtesy of JLL North Signal Capital and EJF Capital secured a $115 million refinancing note for a…