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What You Should Know About the 2019 Bonus Season
News 1 week ago
What You Should Know About the 2019 Bonus Season
Source CP Executive

"The 2019 bonus season, in general, was healthy," Anthony Saitta, managing director at FTI Consulting, told Commercial Property Executive in...

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National Commercial Property News
News 1 week ago
National Commercial Property News
Source CP Executive

The coronavirus' impact on businesses and operations is raising uncertainty under commercial leases, especially with the below provisions,...

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Office Real Estate News
News 1 week ago
Office Real Estate News
Source CP Executive

Officials are stepping in to mitigate the pandemic's economic impact on tenants. A state pension fund sold the Class A building located in the city...

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Industry Groups Urge Cities to Allow Construction
News 1 week ago
Industry Groups Urge Cities to Allow Construction
Source CP Executive

While some cities in the U. S. look to shut down all non-essential businesses in an effort to slow the spread of the coronavirus, the construction...

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Greater Boston Office Asset Commands $28M
News 1 week ago
Greater Boston Office Asset Commands $28M
Source CP Executive

Clean Harbors has purchased 42 Longwater Drive, a 104,008-square-foot office building in Norwell, Mass., from the RMR Office Property Fund LP. The...

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Retail Industry Trends and News
News 1 week ago
Retail Industry Trends and News
Source CP Executive

The team of Eric Robison, Catharine Spangler and Jessica Johnson represented the joint venture seller. Chad Firsel and Jason Lenhoff worked on...

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E.ON, GE Partner to Repower West Texas Wind Project
News 1 week ago
E.ON, GE Partner to Repower West Texas Wind Project
Source CP Executive

E. ON has partnered with GE Renewable Energy to repower its Panther Creek I and Panther Creek II wind farms in west Texas. Combined, the two...

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Texas’ Largest Energy Storage System Begins Operation
News 1 week ago
Texas’ Largest Energy Storage System Begins Operation
Source CP Executive

Luminant, a subsidiary of Vistra Energy, finalized construction on its Upton 2 battery energy storage system. The system began commercial operation...

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Seagis Property Group Inks Full-Building Lease in Miami-Dade
News 1 week ago
Seagis Property Group Inks Full-Building Lease in Miami-Dade
Source CP Executive

Del Valle Brands, a Miami-based brand development and distribution company specializing in Caribbean markets, has leased an entire 125,976-square...

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Grand Rapids’ Proving Ground for Storage
News 1 week ago
Grand Rapids’ Proving Ground for Storage
Source CP Executive

By most measures, the battery storage project dedicated last last month in Grand Rapids, Mich., is modest in scale. First of its kind in the city,...

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Juhl Energy, GE Build 1st Solar-Wind Hybrid Project
News 1 week ago
Juhl Energy, GE Build 1st Solar-Wind Hybrid Project
Source CP Executive

Juhl Energy has selected GE Renewable Energy to supply equipment for the first commercial integrated solar-wind hybrid power generation project in...

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Quantum Real Estate Advisors Closes Indiana Retail Sale
News 1 week ago
Quantum Real Estate Advisors Closes Indiana Retail Sale
Source CP Executive

Quantum Real Estate Advisors has closed the sale of a dual-tenant retail asset in Michigan City, Ind., for $1.6 million. President Chad Firsel and...

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Phoenix-Area Medical Center Welcomes 2 New Tenants
News 1 week ago
Phoenix-Area Medical Center Welcomes 2 New Tenants
Source CP Executive

Boomerang Capital Partners has added two long-term tenants to Desert Mirage Medical Plaza, a 37,424-square-foot medical campus in Surprise, Ariz....

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New York Commercial Real Estate News
News 1 week ago
New York Commercial Real Estate News
Source CP Executive

The company bought a 1920s-vintage Class A office tower in Lower Manhattan, its first acquisition in New York City. The Durst Organization and the...

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Thyssenkrupp Secures $130M Hudson Yards Contract
News 1 week ago
Thyssenkrupp Secures $130M Hudson Yards Contract
Source CP Executive

Germany's thyssenkrupp Elevator recently landed an approximately $130 million contract with Related Cos. and Oxford Properties Group, developers of...

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Rudin Reduces GHG Emissions Through Smart Tech Implementation
News 1 week ago
Rudin Reduces GHG Emissions Through Smart Tech Implementation
Source CP Executive

Rudin Management Co. has reached a new milestone, successfully reducing its overall carbon emissions by 44 percent across its Manhattan commercial...

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5 Hot Topics from NYU’s Women in Real Estate Conference
News 1 week ago
5 Hot Topics from NYU’s Women in Real Estate Conference
Source CP Executive

Proptech, capital markets and women-led companies were the talk of the third annual National Symposium of Women in Real Estate in New York City on...

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Skanska Sells Office Building in Warsaw for $106M
News 1 week ago
Skanska Sells Office Building in Warsaw for $106M
Source CP Executive

Skanska has sold the Generation Park Z office building in Warsaw to Deka Immobilien for €98 million, or about $105.6 million. The transaction will...

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West Commercial Property News
News 1 week ago
West Commercial Property News
Source CP Executive

The company is the new owner of a two-building office campus. CBRE both represented the seller and arranged acquisition financing....

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West Hollywood Retail Asset Commands $23M
News 1 week ago
West Hollywood Retail Asset Commands $23M
Source CP Executive

Working on behalf of both the seller and the buyer, CBRE has arranged the disposition of a 30,100-square-foot retail property in West Hollywood,...

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Picktricity Installs Thin-Film Panels on Petroleum Tanks
News 1 week ago
Picktricity Installs Thin-Film Panels on Petroleum Tanks
Source CP Executive

Sprague Operating Resources, a Sprague Resources subsidiary, has joined forces with Massachusetts-based installer of thin-film solar panels...

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South Commercial Property News
News 1 week ago
South Commercial Property News
Source CP Executive

Steve Hyatt and Brian Batchelder closed the transaction of the 38,700-square-foot property. South Commercial Property News

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Commercial Property Executive
News 1 week ago
Commercial Property Executive
Source CP Executive

The Arden Group used the financing to assemble a 2.1 million-square-foot, 12-property portfolio across multiple states. The central bank is set to...

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Suburban Atlanta Industrial Buildings Change Hands for $18M
News 1 week ago
Suburban Atlanta Industrial Buildings Change Hands for $18M
Source CP Executive

A partnership between Weaver Capital Partners and The Seng Co. has sold Piedmont Warehouses, a 120,800-square-foot light industrial property in...

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Lightsource BP Secures Financing for 260MW Solar Project
News 1 week ago
Lightsource BP Secures Financing for 260MW Solar Project
Source CP Executive

Lightsource BP has secured $250 million for a 260-megawatt solar project located in Lamar County, Texas, 120 miles northeast of Dallas. The project...

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The Power of Technology in the Self Storage Business
News 1 week ago
The Power of Technology in the Self Storage Business
Source CP Executive

Whether self storage can be a viable business is no longer a question. The sector has become highly competitive and experienced a record-high...

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Self Storage Trending Toward Secondary and Tertiary Markets
News 1 week ago
Self Storage Trending Toward Secondary and Tertiary Markets
Source CP Executive

In February, the self storage business was still defined by elevated development and declining street rates. Over the past 12 months, street-rate...

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Entrada Expands San Antonio Office Footprint
News 1 week ago
Entrada Expands San Antonio Office Footprint
Source CP Executive

GrayStreet Partners has sold Travis Park Plaza, a 151,736-square-foot Class A office property in downtown San Antonio, to Entrada Partners. Cushman...

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Microsoft Adds Another Data Center in San Antonio
News 1 week ago
Microsoft Adds Another Data Center in San Antonio
Source CP Executive

Microsoft Corp. expanded its footprint in San Antonio through the acquisition of another data center in the far West Side. The company reportedly...

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Strategic Storage Acquires Miami-Area Asset
News 1 week ago
Strategic Storage Acquires Miami-Area Asset
Source CP Executive

Strategic Storage Growth Trust II, a private trust affiliated with SmartShop Self Storage REIT, has acquired a 91,400-net-rentable-square-foot...

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