Commercial

Globally, sentiment toward real estate in 2024 was a bit of a mixed bag. The first three quarters saw steady improvement, but then sentiment softened in the last three months of the year, mainly due to the rise in bond…

Dow Jones Equity All REIT Index Price/LTM FFO (x) as of Jan. 6, 2025 Source: S&P Global Market Intelligence As of Jan. 6, the Dow Jones U.S. Real Estate Health Care Index posted the highest multiple based from the last twelve…

Completed in 2000, Ameriprise Financial Center rises 31 stories. Image courtesy of Onward Investors Onward Investors has acquired Ameriprise Financial Center, a 960,000-square-foot office building in Minneapolis. The high-rise traded for $6.3 million, representing a nearly 97 percent discount from…

Among commercial property investors, interest in industrial assets declined somewhat in 2024, while a stronger focus on data centers, and even a modest rebound in office, were clear trends during the year, according to the latest DLA Piper real estate…

The three-story 2701 San Tomas Expressway is one of the four office buildings NVIDIA has occupied since April 2010. Image courtesy of CommercialEdge NVIDIA is expanding its Silicon Valley office holdings. The firm intends to buy from The Sobrato Organization…

Several Ben E. Keith Foods executives attended the groundbreaking ceremony for the upcoming distribution center in Alachua, Fla. Image courtesy of Ben E. Keith Foods Ben E. Keith Foods has started construction on a 707,000-square-foot distribution center in Alachua, Fla.…

In 2024, Atlanta’s industrial sector showed continued growth, with both transaction activity and its pipeline posting growth on a year-over-year basis. As of December, the metro had an annual total of nearly $2 billion in sales. The Broe Group is…

The property at 6000 Old Concord Road is fully occupied. Image courtesy of Avison Young Stonelake Capital Partners has purchased a 123,140-square-foot industrial building in Charlotte, N.C. Albany, N.Y.-based Steins Fiber sold the property for $13.5 million, Mecklenburg County public…

Goldie Wolfe Miller accepts CPE’s lifetime achievement award and delivers an empowering speech. Goldie Wolfe Miller, the winner of the 2024 CPE Lifetime Achievement Award, is a name and a legacy that is renowned in the commercial real estate industry.…

On Jan. 30, CPE hosted its 18th annual Influence Awards ceremony, which honored some of the past year’s most notable commercial developments, business strategies and professionals. The virtual event awarded 50 Gold, Silver, Bronze and Honorable Mention awards across 26…