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The Retreat Turks & Caicos in Grace Bay Celebrates A 100% Sellout
A new chapter in island living has arrived in Grace Bay. Last month, The Retreat Turks & Caicos hosted a celebration marking the development’s debut and the sale…
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Commercial - Page 210
AREP Closes Oversubscribed Fund at $309M
American Real Estate Partners has closed its fourth real estate GP fund, AREP Strategic Opportunity Fund IV at $309 million in equity commitments. Rendering of Kentucky’s first hyperscale data center campus being developed by Poe Cos. and PowerHouse Data Centers.…
Blackstone Names Katie Keenan BREIT’s New CEO
Keenan will step into her role as Global Head of Core+ immediately. Image courtesy of Blackstone Blackstone has named Katie Keenan as…
Manufacturing Investments’ Impact on Industrial CRE
Lisa DeNight said that specialized manufacturing development requires reacting to the speed of build-to-suit construction, which tends to move faster through approvals…
2024 CMBS Delinquency Rates – Commercial Property Executive
Source: Trepp Source: Trepp Source: Trepp The Trepp CMBS Delinquency rate inched up in February 2024. Overall, the delinquency rate rose 5…
Harrison Street Raises $600M for Data Center Investment
Harrison Street partnered with PowerHouse in January of last year to build a 900,000-square-foot data center in Reno, Nev. The project was…
Amgen Launches $900M Manufacturing Expansion
Amgen has initiated a $900 million expansion of its New Albany, Ohio, manufacturing facility, bringing the company’s total investment in Central Ohio…
7-Eleven Pays $1B for 204-Store Portfolio
7-Eleven operates, franchises and licenses more than 13,000 locations. Image courtesy of 7-Eleven 7-Eleven has closed on the acquisition of 204 stores…
SIOR’s CEO to Step Down
Real estate veteran Robert Thornburgh, who has held the position of CEO of the Society of Industrial and Office Realtors (SIOR Global) since early 2021, will step down from that post as of the end of this year, according to…