Commercial

Fundraising and investment in data centers continue rapidly, with Aligned Data Centers among the latest to complete a $12 billion funding round. Aligned CEO Andrew Schaap. Photo courtesy of Aligned Data Centers The company brought in more than $5 billion…

HJ Kalikow & Co. has owned and managed the property since 1982. Image courtesy of JLL Private equity firm Incline Equity Partners has signed a 14,198-square-foot lease at 101 Park Ave., HJ Kalikow & Co. LLC’s Midtown Manhattan tower. Incline…

West Valley Logistics debuted in December 2024. Image courtesy of CapRock Partners CapRock Partners has sold West Valley Logistics, a 270,000-square-foot industrial asset in Pomona, Calif. A Southern California-based alternative fashion company acquired the property. Stream Realty Partners and Colliers…

MetLife Investment Management and M&J Wilkow have obtained $120 million to refinance Town Center of Mililani, a 476,615-square-foot grocery-anchored shopping center in Oahu, Hawaii. PGIM Real Estate provided the fixed-rate financing through its core investment strategy. MetLife Investment Management has recently sold The Shoppes…

More than three times as many commercial real estate firms say they plan to increase hiring in 2025 than those that will decrease staff, according to a new Ferguson Partners survey. Lisa Flicker, Senior Managing Partner & Head of Real…

TECfusions, a rapidly growing provider of advanced data center solutions, plans to transform nearly 1,400 acres of a former Alcoa aluminum office and industrial property near Pittsburgh into a massive hyperscale data center campus with 500,000 square feet of space…

2600 Michelson was under CBRE Investment Management’s ownership for seven years. Image courtesy of CBRE CBRE Investment Management has sold 2600 Michelson, a 310,925-square-foot office building in Irvine, Calif., for $42 million. Southern California-based Gaines Investment Trust bought the property,…

Completed in 2014, the distribution center is at 151 Charles F. Colton Road. Image courtesy of JLL Ares Management Real Estate has acquired a 198,720-square-foot Class A distribution center in Taunton, Mass. The property changed hands for nearly $44.3 million,…

Jamie Hodari, Co-Founder & CEO, Industrious. Image courtesy of Industrious CBRE Group has entered a definitive agreement to acquire Industrious National Management Co. LLC, a flexible workplace solutions provider. The company will also create a new business segment called Building…

The building at 3000 Marina Blvd. is part of the purpose-built GENESIS Marina life science complex. Image courtesy of CommercialEdge Genesis, a joint venture between Bain Capital Real Estate and Phase 3 Real Estate Partners Inc., has obtained $484 million…