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Development - Page 29
Cabot Buys Inland Empire Industrial Portfolio for $202M
Cabot Properties, a Boston-based real estate investment firm, has acquired a four-property industrial portfolio in southern California’s Inland Empire for $202 million. The portfolio, totaling nearly 670,000 square feet, was previously owned by an affiliate of Blackstone’s Link Logistics. Two…
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 29
KBS Sells Houston Light Industrial Facility
KBS has sold Clay Crossing Business Center, a 222,750-square-foot light industrial facility in Houston. HPI Holdings II LLC purchased the four-building asset. The 14-acre Clay Crossing Business Center comprises four buildings. Image courtesy of KBS JLL brokered the transaction, with…
INDUS Acquires Stake in 4.3 MSF Industrial Portfolio
Nevada Business Park came online last year and consists of three buildings totaling 319,500 square feet. Image courtesy of INDUS Realty Trust…
Atlanta-Area Industrial Campus Moves Into 2nd Phase
Phase II is creating an additional 326,040 square feet of industrial space with spec office space in both buildings. Rendering courtesy of…
Lincoln Property Lines Up $65M Refi for Los Angeles Campus
Lincoln Property Co. has obtained a $65 million loan for the refinancing of Wateridge, a 585,580-square-foot office and retail campus in West…
Alterra Locks In $344M for Outdoor Storage Portfolio
Alterra IOS, a leading player in the industrial outdoor storage sector, closed on a $343.6 million loan from Truist Financial Corp. and…
L’Oréal Completes $160M Research Center – Commercial Property Executive
L’Oréal’s research facility has 10,000 solar panels on its rooftop. Image courtesy of L’Oréal Groupe More than two years after breaking ground,…
Skanska to Construct $164M Building in Cincinnati
Skanska has signed a contract with clinical research company Medpace to construct a new nine-story, 562,000-square-foot office development for $164 million, as…
Mortgage Delinquency Rates Increased in Q4 2024
Source: Mortgage Bankers Association Commercial mortgage delinquencies increased in the fourth quarter of 2024, according to the Mortgage Bankers Association’s latest commercial delinquency report. Commercial mortgage delinquency rates increased in the fourth quarter of 2024, with the exception of life…