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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…
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 40
Barings, Brennan Launch IOS Venture
Outside of the IOS sector, Brennan invests in the traditional industrial market as well. Last year, it purchased this 17-building portfolio in DuPage County, Ill. Image courtesy of Brennan Investment Group Barings has formed a joint venture with Brennan Investment…
Related Doubles Size of $600M San Francisco Project
Stating it has confidence in San Francisco’s long-term recovery, Related California is proposing more than doubling the size of a mixed-use building…
Vestar Lands $34M Refi for Bay Area Retail
The 20-acre East Washington Place came online in 2013.Image courtesy of Yardi Research Data Vestar has secured a $34 million refinancing loan…
Downtown LA Office Tower Trades for $80M
Union Bank Plaza is a recently upgraded office asset originally built in 1967. Image courtesy of Newmark Waterbridge Capital has sold Union…
DataBank Raises $2B in Equity
Last year, DataBank acquired a 95-acre lot in Lithia Springs, Ga., for the construction of ATL5, a 120 MW data center. Rendering…
CPE’s Rosta Wins NAREE Award
Executive Editor Paul Rosta hosts CPE’s “Investment Matters” podcast. CPE Executive Editor Paul Rosta received an honorable mention award in the Best…
Phoenix Warehouse Slated for IOS Repositioning
Unbound Development plans to implement capital improvements at the vacant warehouse. Image courtesy of Cushman & Wakefield Unbound Development has acquired a…
INDUS Realty Trust Buys Industrial Facility in Jacksonville
The 550,243-square-foot facility marks Primark’s second distribution center in the U.S. Image courtesy of JLL VanTrust Real Estate has sold Primark at Imeson Park, a recently completed 550,243-square-foot facility in Jacksonville, Fla. INDUS Realty Trust acquired the asset, which is…