Development

Boston-based real estate private equity firm Rockpoint recently announced the acquisition of a distribution center in what reportedly marked the largest Central Massachusetts property transaction since 2020, when the Staples headquarters in Framingham sold for $165 million. Completed in 2023…

Nationally ranked commercial construction company HITT Contracting recently celebrated the groundbreaking of its future headquarters in Falls Church, Va. Designed by renowned architecture firm Gensler, the property is set to incorporate 270,000 square feet of suburban Washington, D.C. office space…

Hyundai America Technical Center, the research and development arm of Hyundai Motor Company, has leased a 91,600-square-foot distribution warehouse at LogistiCenter at Irvine II in Irvine, Calif. The lease was brokered by Ross Bourne, Keith Black and Nick Spatafore of…

Teladoc Health, a leading provider of virtual health care services, has renewed and expanded its lease at Marx Realty’s 10 Grand Central. The company doubled its office space to 15,000 square feet in a 10-year agreement. This move coincides with…

Flexible office solutions provider Carr Workplaces recently announced the opening of a new coworking space in Washington, D.C. Boasting a premier location in the Capitol Hill submarket, the new hub is an ideal choice for professionals who need to work…

PowerHouse Data Centers and Poe Companies recently announced they were setting the stage for what is to be a cutting-edge hyperscale data center campus in Louisville, Ky. Planned to eventually total 400 MW, the hyperscale campus is reportedly the first…

Commercial real estate advisor and service provider Newmark Group, Inc. recently announced that it had arranged one of the largest all-office property sales in New York City in 2024. Newmark advised investment bank company Morgan Stanley in the sale of…

The No-Fault Group — an attorney referral service that specializes in connecting victims of various slip and fall; workplace; and boating accidents with attorneys and medical providers — is expanding its presence in Florida with a move to a new…

Throughout the last decade, the Midwest has done everything in its power to shake off the urban and industrial decline label that the region had been saddled with since the early 1980s. And, as with many areas of the U.S.…

Douglas Development recently sold a portfolio of three properties in the Washington, D.C. area to affiliates of American Armed Forces Mutual Aid Association for a combined $96.1 million. The transaction involved the former Pappas Tomato Factory building at 1401 Okie St.…