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Development - Page 27
Apple Expands Footprint at 11 Penn Plaza
Apple has significantly expanded its presence at 11 Penn Plaza, a Midtown Manhattan office building owned by Vornado Realty Trust. The tech giant has secured an additional 61,000 square feet, bringing its total occupancy to 460,000 square feet. Apple now…
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 27
MetLife Sells Boston Life Science Asset
The four-story Burlington BioCenter was converted to lab and research space in 2019. Image courtesy of CommercialEdge Northeastern University has acquired Burlington BioCenter, a 109,000-square-foot Class A life science office and laboratory property in Burlington, Mass., near Boston. MetLife Real…
Tanger Pays $167M for Open-Air Shopping Center
Pinecrest is a prime upscale destination and the only market presence for several brands, including Alo Yoga, UNTUCKit, Madewell, Indochino, Williams-Sonoma, Pottery…
Capital Ideas: The Case for Vintage Office Properties
Therese Fitzgerald In today’s flight-to-quality market, there has been a lot of talk about the vulnerability of older office buildings. Who’ll lease…
Hines’ San Diego Park Reaches Full Occupancy
Britannia Technology Park includes two buildings delivered in 2023 on 14 acres. Image courtesy of Cushman & Wakefield Foxx Development Inc. has…
In CRE Finance, Motivation Has Replaced Procrastination
Michael Heagerty Evaluating the mysteries of the market is often an imperfect science that requires analyzing for the tone, tenor and pace…
Burton Property Group Secures $124M Portfolio Recap
Jubilee Square is one of three properties included in the portfolio that Burton Properties Group recapitalized. Image courtesy of JLL Capital Markets.…
Industrial Report: Investment Activity Holds Firm Amid Economic Uncertainty
Some markets are experiencing rising demand for high-tech industrial space, fueled by growth in AI and hardware production. Image by Tiero/iStockphoto.com The…
DRA Recaps Florida Portfolio With $108M Investment
The industrial building at 7555 Garden Road in Riviera Beach, Fla., is one of the 10 properties that benefitted from the current recapitalization. Image courtesy of CommercialEdge DRA Advisors has joined Redfearn Capital for the $107.5 million recapitalization of a…