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Robust activity at the nation’s ports is paving the way for an unprecedented industrial pipeline, according to the lates...
03/17/2022
Port Markets Lead Industrial Activity

Robust activity at the nation’s ports is paving the way for an unprecedented industrial pipeline, according to the latest #CommercialEdge report.

The intense activity within and nearby the nation’s port markets caused the industrial pipeline to reach unprecedented levels, according to the latest CommercialEdge industrial report.

The newly formed partnership plans to double its portfolio by acquiring an additional 42 IOS properties in the coming ye...
03/15/2022
Columbia Pacific, Criterion Group Form $360M Industrial JV

The newly formed partnership plans to double its portfolio by acquiring an additional 42 IOS properties in the coming year.

Criterion Group and Columbia Pacific Advisors plan to add 42 industrial outdoor storage properties to their current $360 million portfolio.

Anchored by leading health systems, most properties are situated in the Bay Area.
03/15/2022
Harrison Street Sells $215M MOB Portfolio

Anchored by leading health systems, most properties are situated in the Bay Area.

Harrison Street has sold a portfolio of eight medical office buildings across California valued at nearly $215 million.

In honor of #WomensHistoryMonth, we talked to Barbi Reuter, CREW Network ’s 2022 president, about the significant change...
03/14/2022
CREW Network President: 'Speak Up for Yourself!'

In honor of #WomensHistoryMonth, we talked to Barbi Reuter, CREW Network ’s 2022 president, about the significant changes in women’s roles in commercial real estate in the past decade.

🎙 Tune in to listen to our podcast.

To celebrate Women’s History Month, CREW Network 2022 President Barbi Reuter discusses self-advocacy, diversity and mentorship.

The deal comes less than a year after Kilroy entered the Austin market with the $580 million acquisition of the newly co...
03/14/2022
Kilroy Buys Austin Site for 19-Story Office Tower

The deal comes less than a year after Kilroy entered the Austin market with the $580 million acquisition of the newly completed 36-story Indeed Tower.

Kilroy Realty's fully-entitled Austin development will have 493,000 square feet of Class A office space in the popular Domain submarket.

🏆 The CPE Influence Awards recognize the commercial real estate industry’s most noteworthy properties and transactions. ...
03/07/2022
Enter the 2022 CPE Influence Awards

🏆 The CPE Influence Awards recognize the commercial real estate industry’s most noteworthy properties and transactions.

The winners will be selected by a panel of judges representing expertise across commercial real estate disciplines.

The 2022 CPE Influence Awards, formerly the Distinguished Achievement Awards, are open for submissions!. Enter now for the best rates of the year!

As CPE observes Black History Month, we talk to the company’s first-ever Chief Diversity, Equity & Inclusion Officer abo...
02/28/2022
Cushman & Wakefield’s Nadine Augusta Charts a New Path for DEI

As CPE observes Black History Month, we talk to the company’s first-ever Chief Diversity, Equity & Inclusion Officer about her mission.

As CPE observes Black History Month, we talk to the company’s first-ever Chief Diversity, Equity & Inclusion Officer.

Equus Capital Partners is continuing to expand its industrial footprint across the U.S.
02/28/2022
Equus Capital Buys Industrial Portfolio for $168M

Equus Capital Partners is continuing to expand its industrial footprint across the U.S.

Equus Capital Partners has acquired eight properties in the Greensboro, N.C., area and two in the Memphis, Tenn., market.

Paramount Group Inc. has received an unsolicited, non-binding proposal from Monarch Alternative Capital LP.
02/28/2022
Paramount Group Receives Unsolicited Buyout Offer

Paramount Group Inc. has received an unsolicited, non-binding proposal from Monarch Alternative Capital LP.

Paramount Group has received a proposal from Monarch Alternative Capital to acquire Paramount’s outstanding common stock for $12 per share.

In light of Black History Month, JLL’s Nashunda Williams elaborates on what it takes to build and support a more inclusi...
02/28/2022
Why DEI Is a Business Imperative Today

In light of Black History Month, JLL’s Nashunda Williams elaborates on what it takes to build and support a more inclusive corporate environment.

In light of Black History Month, JLL’s Nashunda Williams reveals what it takes to build and support a more inclusive corporate environment.

Tishman Speyer now holds in its hands the responsibility of the final metamorphosis of Hazelwood Green, a historic steel...
02/28/2022
Tishman Speyer to Transform 178-Acre Pittsburgh Site

Tishman Speyer now holds in its hands the responsibility of the final metamorphosis of Hazelwood Green, a historic steel-mill district in Pittsburgh, into a global innovation hub.

The Almono LP has selected Tishman Speyer to serve as master developer for the 178-acre Hazelwood Green district.

The Trepp CMBS delinquency rate resumed its decline in January 2022 after a one-month pause in December 2021.
02/28/2022
2022 CMBS Delinquency Rate

The Trepp CMBS delinquency rate resumed its decline in January 2022 after a one-month pause in December 2021.

In a $93 million deal, The Georgetown Co. has acquired the Hollywood Media Campus in Los Angeles.
02/28/2022
The Georgetown Co. Pays $93M for Hollywood Media Campus

In a $93 million deal, The Georgetown Co. has acquired the Hollywood Media Campus in Los Angeles.

The Georgetown Co. bought Hollywood Media Campus, which is fully leased by Netflix, from Gemdale USA Corp. for $93 million.

Eli Lilly inked a long-term lease for 15 Necco, which Alexandria will operate after it completes the development of the ...
02/24/2022
Eli Lilly Inks Lease for $700M Life Science Project

Eli Lilly inked a long-term lease for 15 Necco, which Alexandria will operate after it completes the development of the project in partnership with National Development.

Alexandria Real Estate Equities has signed Eli Lilly and Co. to a full-building lease in Boston's Seaport Innovation District.

CP Group and the Private Real Estate Group of Cohen & Steers Capital Management Inc. have become co-owners of Buckhead C...
02/24/2022
CP Group JV Buys Atlanta Office Campus

CP Group and the Private Real Estate Group of Cohen & Steers Capital Management Inc. have become co-owners of Buckhead Centre in Atlanta.

CP Group and the Private Real Estate Group of Cohen & Steers Capital Management have become co-owners of Buckhead Centre in Atlanta.

ASB made the investment on behalf of its Allegiance Real Estate Fund, an $8.3 billion core vehicle.
02/24/2022
ASB, Endurance Team Up for 5th Industrial Acquisition

ASB made the investment on behalf of its Allegiance Real Estate Fund, an $8.3 billion core vehicle.

ASB Real Estate Investments and Endurance Real Estate Group purchased a 12-building industrial portfolio in Berks County, Pa.

The lease reportedly is the largest for office space in Jersey City since September 2020.
02/24/2022
Veris Lands Large Lease in Jersey City

The lease reportedly is the largest for office space in Jersey City since September 2020.

Collectors Holdings has signed a long-term lease with Veris Residential to occupy office space at Harborside 3 in Jersey City, N.J.

German real estate investor Deka Immobilien paid $802 million—or more than $1,260 per square foot—for the Google-anchore...
02/24/2022
Deka Immobilien Pays $802M for Google Campus

German real estate investor Deka Immobilien paid $802 million—or more than $1,260 per square foot—for the Google-anchored asset.

Vulcan Real Estate sold the Google-occupied asset to the German investment firm at a record price per square foot.

In the table below, #CommercialEdge highlights the top five emerging industrial markets in the U.S. based on square foot...
02/24/2022
Top 5 Emerging Industrial Markets

In the table below, #CommercialEdge highlights the top five emerging industrial markets in the U.S. based on square footage under construction, trade, transportation and utilities employment and transaction volume.

CommercialEdge identified the nation’s up-and-coming industrial markets while looking at a series of relevant metrics. Using data provided by CommercialEdge, the BLS and The U.S. Census Bureau, we rank five of the nation's emerging industrial markets.

AQUILA Commercial worked on behalf of the landlord, while Cushman & Wakefield represented the tenant.
02/24/2022
AQUILA Signs New Tenant at Austin Campus

AQUILA Commercial worked on behalf of the landlord, while Cushman & Wakefield represented the tenant.

The Austin Stone Community Church leased office space at Highland Tech Center in a deal arranged by AQUILA Commercial and Cushman & Wakefield.

A new study confirms the risks, and it’s time for the industry to get ready, experts say.
02/23/2022
The Price of Worsening Sea Level Rise for CRE

A new study confirms the risks, and it’s time for the industry to get ready, experts say.

Rising sea levels over the next 30 years will have an equally devastating impact on U.S. coastlines as they have had over the last 100 years.

JLL continues to grow its capabilities in Southern California.
02/23/2022
JLL Buys Gilliland Construction Management

JLL continues to grow its capabilities in Southern California.

JLL Southwest Project and Development Services expanded its platform in San Diego with the acquisition of Gilliland Construction Management.

Built in 2015, the Class AA development has 12 floors of office space fully leased to The Richards Group, according to C...
02/23/2022
Angelo Gordon JV Secures $114M for Dallas Acquisition

Built in 2015, the Class AA development has 12 floors of office space fully leased to The Richards Group, according to CommercialEdge data.

OliveMill Holdings, Hunt Realty Investments and Angelo Gordon secured $113.9 million in acquisition financing from AllianceBernstein.

With a portfolio of 2.5 million square feet of industrial projects completed in the region, Scannell Properties plans to...
02/23/2022
Scannell Properties' Jay Tanjuan on Southern California's Red-Hot Industrial Market

With a portfolio of 2.5 million square feet of industrial projects completed in the region, Scannell Properties plans to pursue ground-up and redevelopment opportunities across Southern California.

Scannell Properties’ Jay Tanjuan discusses the challenges and opportunities Southern California industrial developers will encounter in 2022.

The list below highlights the top markets for the deliveries in 2021 based on the total square footage added to the inve...
02/23/2022
Top 5 Markets for Industrial Deliveries in 2021

The list below highlights the top markets for the deliveries in 2021 based on the total square footage added to the inventory.

CommercialEdge data shows that the top 5 metros accounted for more than a quarter of all the new inventory.

The Raleigh, N.C.-based REIT is planning to relocate from its longtime home in a suburban office park to a space in the ...
02/23/2022
Highwoods Properties to Move Raleigh HQ Downtown

The Raleigh, N.C.-based REIT is planning to relocate from its longtime home in a suburban office park to a space in the thick of it, right downtown.

Highwoods Properties will leave its longtime suburban office campus for the Wells Fargo Capitol Center downtown.

Highlights of #CommercialEdge’s latest report include an increasing shift in investor focus to this strong subsector.
02/23/2022
Medical Office Buildings Remain Resilient

Highlights of #CommercialEdge’s latest report include an increasing shift in investor focus to this strong subsector.

According to the latest CommercialEdge national office report, an increasing number of commercial real estate investors are shifting their focus to the medical office subsector.

The joint venture will focus on select life science clusters in Boston, the San Francisco Bay area and San Diego but wil...
02/23/2022
Lendlease, Ivanhoé Cambridge Launch Life Science Joint Venture

The joint venture will focus on select life science clusters in Boston, the San Francisco Bay area and San Diego but will eventually target additional areas across the nation.

Lendlease and Ivanhoé Cambridge have launched a life science joint venture with an initial $500 million in equity to source new developments.

Hunt Midwest is planning its first development in the Greenville-Spartanburg area of South Carolina, with an industrial ...
02/21/2022
Hunt Midwest to Build Logistics Center in South Carolina

Hunt Midwest is planning its first development in the Greenville-Spartanburg area of South Carolina, with an industrial project in Wellford, S.C.

Hunt Midwest is planning its first industrial development in the Greenville-Spartanburg area of South Carolina.

Buzz Oates is planning to develop a 393-acre industrial business park, Placer Commerce Center, in Placer County, Calif.,...
02/21/2022
Buzz Oates Plans $750M Sacramento-Area Business Park

Buzz Oates is planning to develop a 393-acre industrial business park, Placer Commerce Center, in Placer County, Calif., roughly 30 miles northeast of Sacramento.

Buzz Oates is planning to develop a 393-acre industrial business park, Placer Commerce Center, in Placer County, Calif.

The property, at 3219 Knox St., was a redevelopment of the Weir’s Furniture store, occupied for more than 70 years.
02/21/2022
JV Wraps Up $155M Mixed-Use Project in Dallas

The property, at 3219 Knox St., was a redevelopment of the Weir’s Furniture store, occupied for more than 70 years.

Weir’s Plaza, a 12-story mixed-use project at 3219 Knox St. in Dallas’s Knox Retail District, has been completed.

The metro’s sales volume has expanded significantly compared to 2020 levels, when it reached $345 million, according to ...
02/21/2022
Miami Market Update: Transaction Volume Increases

The metro’s sales volume has expanded significantly compared to 2020 levels, when it reached $345 million, according to #CommercialEdge.

In 2021, Miami's office market has seen heightened interest from investors, including heavyweight Blackstone.

The new owner plans to transform the asset into creative office space to attract media, technology and entertainment com...
02/21/2022
CIM Unit Buys $51M LA Office

The new owner plans to transform the asset into creative office space to attract media, technology and entertainment companies.

CMCT plans to upgrade the Rolf K. McPherson office building in Los Angeles, for which the company paid $51 million.

To find out more about where industrial lending currently stands, CPE reached out to Chris Riley, recently promoted to l...
02/19/2022
Industrial Capital to Remain Abundant: Q&A With CBRE

To find out more about where industrial lending currently stands, CPE reached out to Chris Riley, recently promoted to lead CBRE’s Industrial & Logistics Capital Markets business in the U.S.

Chris Riley, president of CBRE’s Industrial & Logistics Capital Markets, discusses the wide open market for industrial property lending.

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SparrowHawk here... By: Gail Kalinoski Bridge Industrial and Public Sector Pension Investment Board recently announced that they have formed a joint venture to target urban infill assets across the US, as well as to develop new industrial properties in the supply constrained market, according to a recent article in Commercial Property Executive. PSP is a Canadian firm based in Montreal. The JV previously teamed up to acquire and develop last-mile properties in the U.K. Steve Poulos | Bridge Industrial | Carole Guérin | PSP Investments | Redfearn Capital | Port of Miami | Duke Realty Corporation #cre #realestate #realestatetrends #industrial #industrialrealestate #industrialcre #industrialproperty #commercialrealestate #commercialproperty #logistics #logisticsrealestate #ecommerce #logisticssolutions #warehousespace #lastmilelogistics #lastmile #supplychainlogistics #supplychainlogistics #supplychain #warehouse #distribution #distributioncenters #capitalmarkets #infill #assets #jointventure
SparrowHawk here... By: Gail Kalinoski Vogel Properties has sold its 33-building, 330,946 sf Walnut Business Park to IDS Real Estate Group, says a recent article in Commercial Property Executive. The Los Angeles property is in market with just 1.5 percent vacancy as of Q3 2021, making the property a strong investment for its new owner. EastGroup Properties | JLL Capital Marketss | JLL | Yardi | Yardi Matrix #cre #industrial #industrialrealestate #industrialcre #commercialrealestate #commercialproperty #logistics #logisticsrealestate #warehouse #distribution #distributioncenters #capitalmarkets #sangabrielvalley #losangeles #la #larealestate #jll #jllcapitalmarkets#sandiego #sandiegorealestate
SparrowHawk here... By: Gail Kalinoski Ares Management Corp.’s subsidiary funds have acquired two industrial portfolios that include 75 industrial properties totaling 11.9 msf for $1.7 billion, says an article in Commercial Property Executive. The first is a 14-asset collection in Savannah, GA, and the second is a mix of Class A and B assets in Atlanta, Chicago, Dallas, and Southern California. Both portfolios were previously owned by McDonald Development. Black Creek Group | Stewart Calhoun | Casey Masters | Cushman & Wakefield #cre #industrial #industrialrealestate #industrialcre #commercialrealestate #commercialproperty #logistics #logisticsrealestate #ecommerce #lastmilelogistics #lastmile #warehouse #distribution #distributioncenters #capitalmarkets #savannahgeorgia #savannahga #georgiarealestate
SparrowHawk here... By: Gail Kalinoski Ares Management has sold its 1.4 msf Savannah Logistics Center to an ASB Real Estate investment fund for $161 million, according to recent article in Commercial Property Executive. The three-building portfolio in Pooler, Ga. Is near the Port of Savannah and brings ASB’s nationwide portfolio to 11.6 msf at 99 percent leased. Allegiance Real Estate | McDonald Development | Savannah/Hilton Head International Airport | Matson Logistics | Outsource Logistics | Expeditors | Mary Murphy | ASB Real Estate Investments | Stewart Calhoun | Casey Masters | Cushman & Wakefield | Ares Management | Stephen Ezelle | Cushman & Wakefield Gilbert & Ezelle | ASB Capital Management | Endurance Real Estate | Equity Industrial Partners | ASB ALLEGIANCE REAL ESTATE FUND LP | Endurance | EQT Exeter | Meridian Real Estate Fund II #cre #industrial #industrialrealestate #industrialcre #commercialrealestate #commercialproperty #logistics #logisticsrealestate #ecommerce #lastmilelogistics #lastmile #warehouse #distribution #distributioncenters #capitalmarkets #savannahgeorgia #savannahga #georgiarealestate
SparrowHawk here... By: Gail Kalinoski J.P. Morgan Global Alternatives has acquired Pecos Logistics Park, a 1.2 msf Class A industrial development in Denver, from Westfield Co. for more than $300 million, according to recent article in Commercial Property Executive. The park is being developed in two phases and will be completed in Q2 2022, providing more industrial space in one of Denver’s most supply constrained submarkets. PepsiCo Beverages North America | Denver Business Journal | Union Pacific Railroad | Nick Firth | J.P. Morgan Asset Management | CBRE| Tyler Carner | Jeremy Ballenger | Jessica Ostermick | Jim Bolt | Daniel Close | CBRE Capital Markets | Trammell Crow Company | Clarion Partners LLC #cre #industrial #industrialrealestate #industrialcre #commercialrealestate #commercialproperty #logistics #logisticsrealestate #ecommerce #lastmilelogistics #lastmile #warehouse #distribution #distributioncenters #capitalmarkets #cbre #denver #denvercolorado #denverrealestate #denverbusiness #denverrealestatemarket
SparrowHawk here... By: Adriana Marinescu AXA Investment ManagersAlts has acquired a 23-property portfolio from Dermody Properties Industrial Fund II for $1.2 billion, with plans to buy an additional nine assets for $850 million as they are developed throughout 2022 and 2023, says a recent article in Commercial Property Executive. The European asset management firm made the purchase of the buildings, located in California, Washington, Oregon, Nevada, Pennsylvania, and Delaware, on behalf of its clients CBRE | Oxford Properties Group | EverWest Real Estate Investors | Cabot Properties
Earlier this month, Commercial Property Executive released their list of Top Commercial Developers for 2021. We are pleased to share that Dermody Properties ranked #10 on that list. We believe this is a true testament to all of our team members who work diligently to fulfill the Dermody Properties mission and we cannot thank them enough for their dedication.
SIOR Global Vice President, David Lockwood, SIOR, explores the shaky ground of the future office, today on SIOR Pulse - https://hubs.ly/Q011cQcN0 #SIOR #CRE Commercial Property Executive
SparrowHawk here... By: Agota Felhazi GLP Capital Partners has acquired a four-building, 1.1 msf industrial portfolio acquisition in the Boston market for $173 million, according to a recent article in Commercial Property Executive. The acquisition equates to $155.19 per square foot, well about the already-high $136 psf median paid for industrial properties in 2021. Marcus Partners | Modlo | Newmark Group | Newmark Net Lease Capital Markets | CommercialEdge | Yardi | Yardi Matrix | Autopart International | Rotmans | ’47 Apparel #cre #industrial #industrialrealestate #industrialcre #commercialrealestate #commercialproperty #logistics #logisticsrealestate #ecommerce #lastmilelogistics #lastmile #warehouse #distribution #distributioncenters #capitalmarkets #opportunityzones #boston #bostonrealestate
SparrowHawk here... By: Scott Baltic Arden Group has launched a new investment vehicle called Arden Logistics Parks, which will specialize in acquiring and improving small and medium-bay, multi-tenant warehouse in infill locations, says an article in Commercial Property Executive. The partnership launched with the acquisition of 7 msf, 32 property portfolio across nine major U.S. markets. Arden Group | Shike Goedar | Arden Logistics Parks | Barbara Rea | Northstar Realty | Colony Capital | Pamela Larin | Robert Timmons | Christian Vergilio | CIT Bank | BlackRock
Congratulations Chamber member The Inland Real Estate Group for making top 20 on the Commercial Property Executive's annual list for 2021! #chamberchamps
While economic conditions in #CRE have improved since the pandemic began, the workforce is still facing challenges—women and mothers, in particular. Listen as our CEO Wendy Mann discusses our latest research, rebuilding the female workforce, #flexiblework, and more in a recent Commercial Property Executive podcast: https://bit.ly/3ozJKIu #thoughtleadership #CREcatalystforchange #crewomen