Commercial

Noting that occupiers are seeking best-in-class, highly amenitized office space close to mass transit, Hines said it has inked a 41,000-square-foot lease with global law firm Jones Day for South Station Tower, the 51-story mixed-use skyscraper it is building along…

Construction on Lilly’s new manufacturing facility in Pleasant Prairie, Wis., is slated to start next year. Image courtesy of Eli Lilly and Co. With a $3 billion investment, Eli Lilly and Co. will expand its manufacturing operations at a facility…

The 1201 Pacific office building has a LEED Gold certification. Image courtesy of Gantry Unico Properties has secured a $35 million refinancing loan for 1201 Pacific, a 305,000-square-foot Class A office tower in Tacoma, Wash. Gantry’s insurance-arm Genworth Life Insurance…

Nevada Business Park came online last year and consists of three buildings totaling 319,500 square feet. Image courtesy of INDUS Realty Trust INDUS Realty Trust has purchased a majority interest in a 4.3 million-square-foot industrial portfolio, comprising 21 buildings in…

The pandemic has profoundly changed how people engage with the workplace, fueling the rise of remote and hybrid work and redefining the role of flexible office spaces, according to the latest CommercialEdge national office market report. Cities such as Los…

The December Digital Issue of CPE Is Now Available! From the Editor Featured. Exterior photo courtesy of Brad Nicol Photography, interior photo courtesy of Mabry Campbell. Ranking. Image by JARAMA/iStockphoto.com Deals. Image courtesy of Davis Data Centers. Image courtesy of…

Meta’s data center campus in Richland Parish, La., will encompass 4 million square feet at full build-out. Image courtesy of Louisiana Economic Development Meta, the parent company of Facebook and Instagram, will build a $10 billion, 4 million-square-foot AI-optimized data…

Suzann D. Silverman Remember the fast-paced race to finalize multiple transactions by the end of the year? It made December a busy month, sometimes right down to the last day as dealmakers strove to close the books on the old…

Daniel Herrold In recent years, consumer behavior has undergone a significant transformation, driven largely by the digital age’s advances. The shift toward online shopping, fueled by the desire for convenience and instant accessibility, has placed new demands on the retail…

SL Green Realty Corp. and its joint venture partners have closed on a $1.25 billion mortgage modification and extension for One Madison Avenue, a 27-story office building in Manhattan. SL Green completely renovated One Madison Avenue in 2023. Image courtesy…