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Development - Page 40
New England Leads Self Storage Boom
The self storage industry has been booming over the past decade, adding 25% of the total inventory nationwide. Despite a brief slowdown during the pandemic, 2023 saw the addition of 53 million square feet of new space, with 2024 projected…
Multi-Faceted & Multi-Generational: Spotlight on Family Compounds
Six years after the pandemic, the world looks different. Remote work is here to stay. Delivery services keep getting faster and sharper. Families are finding new rhythms, splitting…
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Commercial - Page 40
Manhattan Office Tower Gets $507M Refi
The 2011-completed 11 Times Square rises 40 stories in Manhattan. Image courtesy of Yardi Matrix A joint venture of PGIM Real Estate, Norges Bank Investment Management and SJP Properties Co. has obtained a $507 million loan to refinance debt associated…
Woodside Health Buys Phoenix Office, MOB Campus
The three-building Paradise Valley Plaza came online in two phases in 1985 and 2000. Image courtesy of Cushman & Wakefield Woodside Health…
Onward Investors Acquires 960 KSF Minneapolis Building
Completed in 2000, Ameriprise Financial Center rises 31 stories. Image courtesy of Onward Investors Onward Investors has acquired Ameriprise Financial Center, a…
Intercontinental, Kennedy Wilson Buy Central Valley Asset for $72M
Intercontinental Real Estate Corp., in joint venture with Kennedy Wilson, has acquired Stockton Commerce Center, a fully leased 655,976-square-foot warehouse and distribution…
What the Senate Version of the Big Beautiful Bill Means for CRE
Image by SiberianArt/iStockphoto.com The One Big Beautiful Bill Act passed by the Senate yesterday largely assuages commercial real estate professionals. The measure,…
CRG, Clayco Eye 1 MSF Savannah Warehouse
The 708,990-square-foot facility that CRG sold last year is adjacent to the 77-acre land purchased by Lecangs. Image courtesy of CRG Global…
Boston-Area Shopping Center Commands $86M
The tenant roster at Colony Place features more than 50 stores and restaurants. Image courtesy of Newmark Knight Frank The Rainier Cos.…
SIOR Special Report: Opportunities in Reuse
The “ReUse & REImagine: Finding Opportunities for Surplus Office Space” panel at the SIOR conference in Los Angeles. Photo by Jordana Rothberg At the Society of Industrial and Office Realtors’ Fall 2024 event, panelists weighed in on the various opportunities…