Commercial

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…

The office building at 99 Park Ave. rises 26 stories in Manhattan. Image courtesy of CommercialEdge Metropolitan Commercial Bank has renewed and expanded its office space at 99 Park Ave., a 600,000-square-foot Manhattan office tower. The company will bring its…

You can also read our other Top Development Firms rankings. * As of June 30, 2024 Key: O=Office; I=Industrial; R=Retail; H=Hospitality; He=Health care; X=Other Though we make every effort to include all major commercial developers, several notable firms (among them…

Sanandaji believes that the early adopters of hospitable thinking will benefit from its positive impact. Image courtesy of Presidio Bay Ventures Can going to an office give you the same feeling as going to a hotel on vacation? Some commercial…

Law firm real estate transactions continue to gain momentum in 2024 after achieving a level of leasing demand in 2023 that met pre-pandemic activity, according to a new report from Savills. Legal sector leasing volume from the first quarter to…

Thor Equities Group has secured a $37 million construction loan from ACRES Capital for the 63,000-square-foot Wynwood Walk neighborhood retail center in Miami. Wynwood Walk is at 230 N.W. 29th St. in Miami. Image courtesy of CommercialEdge The funding reportedly…

Lovett Industrial is expanding its portfolio in the Dallas-Fort Worth area with the development of 121 Logistics Park, a two-building Class A logistics park with 339,280 square feet of space spanning 27 acres in Coppell and Lewisville, Texas. 121 Logistics…

Source: MBA Delinquency rates for mortgages backed by commercial properties increased slightly during the third quarter of 2024. This is according to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey, released in October. Delinquency rates for…

Sam’s Club is one of the tenants at Windsor Square. Image courtesy of Sterling Organization Sterling Organization has sold regional shopping center Windsor Square for $70.1 million to Hackney Real Estate Partners. The 658,000-square-foot asset in suburban Charlotte, N.C., previously…

Standard Real Estate Investments and Trammell Crow Co. have closed on the sale of Woodridge Industrial Center in Woodridge, Ill., a facility that was delivered in July. IDI Logistics purchased the asset for $33.6 million, according to public records. Standard…