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Development - Page 21
Rockpoint Buys Distribution Center in Boston Suburb
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…
Inside a Historic Andrew R. Cobb Home in Halifax, Canada
Some homes tell the story of a city through the details that endure. At 6443 Coburg Road, in the heart of Halifax’s South End, that story unfolds in…
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Commercial - Page 21
GFP Real Estate Closes on $54M Refi for Vintage SoHo Office
GFP Real Estate LLC has closed on a $54 million loan from Apple Bank to refinance 594 Broadway, a 12-story, 250,000-square-foot office tower in Manhattan’s SoHo neighborhood. Interior at 594 Broadway in NYC. Image courtesy of GFP Real Estate LLC…
Lovett Industrial to Build 298 KSF Inland Empire Facility
Schaefer Logistics Center will come online by the end of next year. Image courtesy of Lovett Industrial Lovett Industrial has obtained entitlements…
Behring Buys Bay Area Office Asset
The office building at 1950 Franklin St. will be part of Behring’s Stak Site urban campus, which will also include 1900 Broadway,…
Sustainability Street: The U.S.’s Sudden Role Reversal
Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. Last month,…
MCB Real Estate JV Eyes Brooklyn Retail Redevelopment
The former Century 21 store in Bay Ridge will become a modern retail center dubbed Century Marketplace. Image courtesy of JLL A…
Houston’s Office Market Struggles to Find its Footing
As the year kicked off, Houston’s office market still struggled with low activity and occupancy, according to CommercialEdge data. The construction pipeline…
Capital Ideas: Trump’s Gift to the Office Market
Therese Fitzgerald It was raining executive orders on President Donald Trump’s first day in office. It remains to be seen just how…
C-PACE Is Available in Georgia. Now What?
Today, C-PACE financing is available in approximately 80 percent of the U.S., according to Doyle. Image courtesy of Nuveen Green Capital Commercial PACE recorded more than $7 billion in financings in 2023, up from $5 billion in 2022 and $1.6…