Commercial

Designed by Skidmore, Owings & Merrill, 500 Park. Ave. is a historic 11-story building in Manhattan. Image courtesy of CommercialEdge SL Green Realty Corp., Manhattan’s largest office landlord, is expanding its Park Avenue portfolio with the purchase of the office…

Rendering of the upcoming industrial development at 1653 Ashton Park Drive in Colonial Heights, Va. Image courtesy of PNK Group PNK Group plans to develop an 846,260-square-foot industrial facility in Colonial Heights, Va. The developer will invest nearly $80 million…

The property part of a 2.1 million-square-foot industrial campus. Image courtesy of Avison Young SL Industrial Partners, an affiliate of The Silverman Group, has sold a 402,390-square-foot, fully occupied industrial facility in Concord, N.C. The buyer is Stonelake Capital Partners,…

Roughly 28 miles from VenturePark65’s site, Venture One and DRA Advisors acquired a fully leased 718,709-square-foot industrial asset. The deal closed in September. Image courtesy of Venture One Real Estate and DRA Advisors Venture One Real Estate has closed on…

What should you consider when you’re evaluating potential investment opportunities in commercial real estate? The CPE Executive Council shares what they look for. David Schupmann Look at Costs When evaluating potential investment opportunities, it’s important to factor in any potential…

Source: PropertyShark, a Yardi Systems Company Sale Price: $159.4 million Extell Development Co. bought the 198,347-square-foot office building in Manhattan’s Lenox Hill neighborhood from Williams Equities, at a sale price of $803.8 per square foot. The acquisition was financed with…

The Hartford building was awarded LEED Gold recertification for existing buildings in April. Image courtesy of CommercialEdge Carr Workplaces, a provider of short-term coworking and flex space, has signed a 26,331-square-foot lease with Comstock Holding Cos. in Arlington, Va. The new…

The industrial facility is within Jedburg Logistics Center, a two-building industrial campus in Summerville, S.C. Image courtesy of JLL Clarion Partners has acquired Jedburg Logistics Park Building 2, a 158,340-square-foot Class A distribution facility in Summerville, S.C., within the Charleston,…

Since Wilks Development acquired the property, Equify Financial, LLC has signed a lease. Image courtesy of CommercialEdge Wilks Development has acquired One Ridgmar Centre, a 177,199-square-foot Class A office building in Fort Worth, Texas. The previous owner was Holt Lunsford…

Source: CommercialEdge In November, CommercialEdge data provides a snapshot of the nation’s coworking landscape, highlighting the top 10 markets driving the growth of shared office space. These key locations showcased notable variations in footprints, reflecting the evolving demand for flexible…