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ABB Leases 400 KSF Phoenix Industrial Building
News 19 hours ago
ABB Leases 400 KSF Phoenix Industrial Building

Real estate investment firm Westcore has leased West80, a 400,000-square-foot industrial facility in Phoenix, to ABB Electrification. The tenant,...

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Grandbridge Strengthens Columbus Loan Origination Team
News 20 hours ago
Grandbridge Strengthens Columbus Loan Origination Team

Grandbridge Real Estate Capital has hired Kenneth Bowen as senior vice president in the commercial mortgage loan origination division. He will be...

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USAA Real Estate Closes Restructuring Deal
News 21 hours ago
USAA Real Estate Closes Restructuring Deal

Three months after announcing a restructuring, financial services giant USAA and its real estate arm USAA Real Estate have officially closed on the...

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Continental Realty Adds Senior Investor Relations Associate
News 21 hours ago
Continental Realty Adds Senior Investor Relations Associate

Continental Realty Corp. has hired Amanda Kimbers as senior investor relations associate. Kimbers joins the firm from LaSalle Investment Management...

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The April Digital Issue of CPE Is Now Available!
News 22 hours ago
The April Digital Issue of CPE Is Now Available!

Sector Insights Personalizing a Hotel Room: How About a Movable Wall? Under the Radar, Small-Bay Warehouse Space Surges Investors Undeterred As...

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Georgia Retail Property to Undergo Redevelopment
News 22 hours ago
Georgia Retail Property to Undergo Redevelopment

Ultimate Realty has revealed plans to convert Westgate Shopping Center, a 411,200-square-foot retail complex in Macon, Ga., into an industrial park...

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Q&A: Labor Relations Amid COVID-19
News 23 hours ago
Q&A: Labor Relations Amid COVID-19

In the wake of the coronavirus pandemic, commercial property owners and building service employees have had to retool the terms and conditions of...

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DAILY READS: April 3, 2020
News 23 hours ago
DAILY READS: April 3, 2020

"The clarification was welcome news to the state's 25,000 licensed real estate brokers, who had scrambled to adjust to Gov. Andrew Cuomo's PAUSE...

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US Loses 701K Jobs in March, Unemployment Climbs to 4.4%
News 23 hours ago
US Loses 701K Jobs in March, Unemployment Climbs to 4.4%

The economic expansion of the last few years is officially a thing of the past. The U. S. unemployment rate rose to 4.4 percent in March, according...

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#CREStrong
News 1 day ago
#CREStrong

Over the past few weeks, we've been tossed unceremoniously into an unprecedented time of massive upheaval. I'm especially feeling it in the New...

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Bronx Industrial Project Gets $305M Boost
News 1 day ago
Bronx Industrial Project Gets $305M Boost

The construction of 2505 Bruckner Blvd., a 1 million-square-foot, cutting-edge industrial project in Bronx, N. Y., gets a big boost as developers...

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Hines Sells Office Property in Germany
News 1 day ago
Hines Sells Office Property in Germany

Working on behalf of its Hines European Value Fund, Hines has sold Stuttgarter Tor, an office property in Stuttgart, Germany. Colliers represented...

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Transwestern Welcomes New Dallas-Area VP
News 1 day ago
Transwestern Welcomes New Dallas-Area VP

Four months after appointing Billy Gannon as senior vice president of the company's Dallas-Fort Worth occupier solutions group, Transwestern has...

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Home of 1st New York Apple Store Gets $75M Refi
News 1 day ago
Home of 1st New York Apple Store Gets $75M Refi

Centurion Realty has taken a $75 million refinancing package from Crédit Agricole for a 28,400-square-foot retail property at 103 Prince St. in...

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The Allen Morris Co. Adds Tenant at Star Metals Atlanta
News 1 day ago
The Allen Morris Co. Adds Tenant at Star Metals Atlanta

Social Entertainment Ventures has signed a 10,000-square-foot lease at Star Metals Offices, an 185,000-square-foot office building within Star...

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Commercial Showings Deemed Essential in New York
News 1 day ago
Commercial Showings Deemed Essential in New York

In a major turn of events, the state of New York released guidance last night classifying certain real estate activities as essential. Brokers and...

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DAILY READS: April 2, 2020
News 1 day ago
DAILY READS: April 2, 2020

Miami construction continues. Chicago spec industrial demand is healthy. Where are lenders still lending? Here’s a batch of other critical content...

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CPE 100 Survey Reveals Sober Executive Outlook
News 1 day ago
CPE 100 Survey Reveals Sober Executive Outlook

Commercial real estate executives are hunkering down for a long disruption to business stemming from the coronavirus pandemic, according to the...

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Paramount Group to Sell Stake in $2.4B NYC High-Rise
News 1 day ago
Paramount Group to Sell Stake in $2.4B NYC High-Rise

Five years after taking sole ownership of the trophy office tower at 1633 Broadway in Manhattan, Paramount Group Inc. has signed a deal to sell a...

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Unemployment Claims Top 6.6 Million
News 1 day ago
Unemployment Claims Top 6.6 Million

The U. S. Department of Labor's weekly unemployment claims report, released on Thursday morning for the week ending on March 28, showed a total of...

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Houston Office Tower Lands Refi
News 2 days ago
Houston Office Tower Lands Refi

Parkway Property Investments is refinancing Two CityWestPlace, a 20-story, 443,549-square-foot Class A office tower in Houston's Westchase...

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Turnbridge Equities Pays $35M for Raleigh Mixed-Use Asset
News 2 days ago
Turnbridge Equities Pays $35M for Raleigh Mixed-Use Asset

Turnbridge Equities has acquired The Creamery, an 82,000-square-foot mixed-use property in downtown Raleigh that includes office, retail and...

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Philadelphia Commercial Real Estate Wrap-Up – March 2020
News 2 days ago
Philadelphia Commercial Real Estate Wrap-Up – March 2020

Philadelphia's commercial real estate started the month with some notable activity: An industrial project landed a $111 million loan, and Cushman &...

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San Diego Commercial Real Estate Wrap-Up – March 2020
News 2 days ago
San Diego Commercial Real Estate Wrap-Up – March 2020

The San Diego commercial real estate market moved forward at a steady pace in the first half of March, with major brokerages reporting sales across...

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JLL Closes Sale of Procter & Gamble’s Kansas City Campus
News 2 days ago
JLL Closes Sale of Procter & Gamble’s Kansas City Campus

JLL has arranged the sale of Procter & Gamble's multi-building, 574,000-square-foot industrial campus in Kansas City, Kan. A partnership between...

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Suburban Los Angeles Office Park Trades for $78M
News 2 days ago
Suburban Los Angeles Office Park Trades for $78M

The Pasadena Corporate Park in Pasadena, Calif., has changed hands for $78 million. Columbia Property Trust sold the three-building, 260,000-square...

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Orlando Commercial Real Estate Wrap-Up – March 2020
News 2 days ago
Orlando Commercial Real Estate Wrap-Up – March 2020

March was a busy month in Orlando's real estate sector, despite growing concerns around the widespread COVID-19 pandemic. While construction work...

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DAILY READS: April 1, 2020
News 2 days ago
DAILY READS: April 1, 2020

"Worried businesses are also flooding brokers and lawyers to ask if they must pay their April 1 rent. (Savills' William) Montana tells his clients...

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Las Vegas Commercial Real Estate Wrap-Up – March 2020
News 3 days ago
Las Vegas Commercial Real Estate Wrap-Up – March 2020

The strongest initial impacts of the new coronavirus hit Las Vegas, with travel restrictions and social distancing rules causing multiple hotels...

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Newly Built Ohio Facility Trades for $18M
News 3 days ago
Newly Built Ohio Facility Trades for $18M

Monmouth Real Estate Investment Corp. has acquired a newly built 153,000-square-foot industrial facility in Lancaster, Ohio, for $17.9 million....

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