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Development - Page 9
U.S. Office Rents Report June 2025
Key Takeaways: The national office vacancy rate was 19.4% in May, up 160 basis points year-over-year, with occupancy unlikely to rise in near future The average U.S. office listing rate was $33.15 per square foot in May, increasing 4.8% year-over-year…
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 9
LogiPropCo Breaks Ground on DC-Area Campus
Logistics Property Co. has broken ground on Beltsville Logistics Center, a two-building, 270,000-square-foot project in Beltsville, Md. The warehouses are slated for completion by the third quarter of 2026. The two buildings that comprise Beltsville Logistics Center will total 270,000…
US Real Estate Market Leads Globally, Despite 2023 Losses
Size of professionally managed real estate markets since 2006. Image courtesy of MSCI The size of the global professionally managed real estate…
Alta Peak JV Buys Charlotte-Area Medical Campus
Completed in 2006, the three-building Arboretum at Cox Road is less than 20 miles from downtown Charlotte, N.C. Image courtesy of Alta…
Industrious to Open Flex Office Space in Beverly Hills
The three-story building on Rodeo Drive features 71,812 square feet of office space. Image courtesy of CommercialEdge Industrious is planning to open…
Prologis Buys Durham Industrial Park for $80M
Prologis has acquired Alexander Commerce Park, a three-building, 441,072-square-foot logistics portfolio in Raleigh-Durham’s Research Triangle Park. The property sold for $80.2 million,…
Office Tenants Find a Happy Medium With Flex Space, Hybrid Work
After years of conflict and tension around return-to-office mandates and hybrid schedules, U.S. employees and employers have seemingly found an acceptable middle…
Los Angeles-Area Shopping Center Commands $79M
Paragon Commercial Group and Brasa Capital Management have acquired Huntington Oaks, a 328,711-square-foot shopping center in Monrovia, Calif., for $79.4 million, according…
REIT Allocations Are Shifting: Nareit
Allocations by active managers mostly shifted toward data center, telecommunications and health-care assets in the third quarter of 2024, according to new findings from Nareit. The dataset tracks quarterly investment holdings for the 26 largest actively managed real estate investment…