Retail Construction Starts Surged in H1 2024

Retail Construction Starts Surged in H1 2024

Source: CommercialEdge, a Yardi Systems Company Retail construction starts exhibited a dynamic activity pattern in 2024, with sharp contrasts between the first and second halves of the year, CommercialEdge data shows. Early in the year, construction starts surged, with February…
Industrial Sales Prices Inched Up in 2024

Industrial Sales Prices Inched Up in 2024

Source: CommercialEdge, a Yardi Systems Company Year-to-date through November, the average sale price for industrial properties in the U.S. stood at $128 per square foot, CommercialEdge data shows. The figure fluctuated throughout 2024, with highest prices recorded in the first…
Norges Bank Pays 7M for Office Portfolio

Norges Bank Pays $977M for Office Portfolio

Nuveen Real Estate purchased 501 Boylston St. from Broadway Partners for $370.5 million back in 2007, according to CommercialEdge. Image courtesy of CommercialEdge Norges Bank Investment Management has taken full ownership of a 3.7 million-square foot office portfolio, paying $976.8…
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