Commercial

Workbox has leased the entire 31st floor at One PPG Place. Image courtesy of Workbox Workbox has leased more than 23,000 square feet of office space at One PPG Place Tower in Pittsburgh. Scheduled to open in January 2025, the…

3151 Market St. is part of the $3.5 billion mixed-use Schuylkill Yards project in University City. Rendering courtesy of Brandywine Realty Trust Prices for office space in Philadelphia continued to decrease in the second half of the year. The market’s…

The life sciences construction pipeline remains resilient, with 54.7 million square feet of new space initiated between 2019 and October 2024, CommercialEdge data shows. Established life science markets continue to thrive, despite economic uncertainty. Image by Peter Lyons, courtesy of…

Proficiency Capital LLC has received $32.2 million in acquisition financing for McGee Business Center in Chino and Pomona, Calif., in the Inland Empire West submarket. JLL Capital Markets sourced the three-year, floating-rate loan through a bank. McGee Business Center in…

Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. My guest for this episode is Ethan Elser, executive vice president of PACE Equity LLC. The Commercial Property Assessed Energy…

The Broe Group has acquired a 14-acre site at 5601 Bucknell in Georgia’s Fulton County Industrial District, where it plans to develop a 225,000-square-foot build-to-suit industrial facility. Rendering of The Broe Group’s build-to-suit industrial facility at 5601 Bucknell. Image courtesy…

Left to right: Andrew Glanzman and Adam Gallistel, CBRE Investment Management’s new co-CEOs. Glanzman’s appointment is effective immediately, while Gallistel will join the company in 2025. Photos courtesy of CBRE Investment Management Andrew Glanzman and Adam Gallistel have been named…

Easterly Government Properties, a REIT specializing in developing and holding properties leased to the U.S. government and a few other entities, has acquired a three-building office campus in Cary, N.C., a part of metro Raleigh-Durham, for an unspecified price. The…

The 1250 H Street office property is known as Herald Square building. Image courtesy of CommercialEdge Banyan Street Capital has acquired 1250 H St., a 196,490-square-foot office asset from Equity Commonwealth. The sale price was $27.5 million, public records show.…

Chad McWhinney, co-founder, chairman & CEO of McWhinney. Image courtesy of McWhinney Prism Places and McWhinney are teaming up to create two separate mixed-use commercial districts totaling about 676,000 square feet across 213 acres in growing master-planned communities developed by…