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The average price per square foot in the San Francisco-Peninsula market reached $723 in year-to-date sales through July, down 35.8 percent from the same period in 2020.
The market continues to attract new investors into the life science sector, with multiple high-value transactions closing in July.
Amazon.com has already opened more than 250 new fulfillment centers, sortation centers, regional air hubs and delivery stations since January.
The company is planning to add tens of thousands of employees at its current and future facilities across the U.S.
The university tapped JBG SMITH as master developer for its $1 billion megaproject.
The project marks the first academic building within the university's $1 billion master plan in Potomac Yard.
The site is one of the last remaining large industrial-zoned land parcels in the area.
The company has teamed up with Harvard Investments to acquire a 585-acre site for the upcoming development.
GenH2 worked in partnership with North Brevard Economic Development Zone and real estate services firm Rocket City Commercial in its search for a new home base, and ultimately settled on the 300-acre Exploration Park.
The hydrogen infrastructure solutions provider will invest $35 million to accommodate 100 employees and future growth.
September was expected to be back-to-work month in many office markets. But the Delta variant delayed full-scale reopening for many employers, while others continue to put off making reopening plans at all.
The forces that determine a return to normal may be beyond the control of federal mandates.
Indeed Tower, Austin’s tallest office building, has achieved LEED v4 Core & Shell (CS) Platinum certification.
Indeed Tower is now the second-largest LEED v4 CS project in the country and the fifth-largest LEED v4 CS project globally.
JLL marketed the property on behalf of the seller.
The Class A property is fully net-leased to a food-and-beverage giant.
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Oxford Properties Group continues to bet on West Coast life science assets.
The campus also includes development rights for more than 40 acres.
The total estimated construction cost for the Class A complex is approximately $200 million, according to a source familiar with the master-planned development.
Unmatched in magnitude, CapRock West 202 Logistics will ultimately carry a reported development price tag of $200 million.
Chicago-based CA Ventures has entered the Gilbert, Ariz., medical office market with the purchase of Copper Point.
The building last traded in 2013 for nearly $11 million.
Not only was the loss rebuilt (with the modern One World Trade Center tower), but the real estate industry added 50 million square feet, bringing the Manhattan market to over 450 million square feet.
Insights into the area’s post-9/11 transformation and today’s challenges.
The developer has appointed JLL to lease the office project after its completion.
The development is expected to come online in less than a year.
CommercialEdge put together a list of the five markets with the highest levels of office investment between January and June 2021.
Investment sales in these markets accounted for 34 percent of the nation's total, CommercialEdge shows.
Cushman & Wakefield’s Institutional Capital Markets team advised KKR on the deal.
The company has owned the Austin property since late 2019.
Trammell Crow Company and partner CBRE Global Investors have acquired a 287-acre development site in metro Atlanta, where they will soon begin construction on a 2.3 million-square-foot logistics center.
The 287-acre logistics center will be developed in two phases.
The success of the market is based on a rapidly growing and expanding national economy, said keynote speaker and JLL Chief Economist Ryan Severino.
Former Prologis CEO Walt Rakowich and JLL Chief Economist Ryan Severino share insights on navigating the current environment.
A Newmark team represented the seller in the transaction.
The property traded at a more than 50 percent premium over its 2019 price.
As the nation marks the passing of two decades since the Sept. 11 terrorist attacks, application of lessons learned has helped make buildings safer than ever.
For commercial buildings, the risks—and safeguards—continue to evolve. Here’s how.
Starwood Property Trust provided the $188.1 million financing package for the city’s fourth-tallest building, Dallas County records show.
The owner also committed $20 million to upgrade the 55-story office property.
After more than a decade of ownership of the Granite Tower in Denver, KBS has traded the premier office building for $203.5 million.
The trophy property attracted a newcomer to the local market.
Creative office continues to be a top-performing property type in Los Angeles’ road to recovery.
Deluxe Media Inc. is the sole tenant of the building.
The sale of Royal Ridge, located off John Carpenter Freeway in the highly coveted Las Colinas submarket, comes 10 years after Accesso had acquired the complex for $72.5 million.
The four-building property includes room for additional development.
Information provided by the county noted in 2019 alone Samsung had made a $4.5 billion economic impact in Central Texas, supporting nearly 10,000 jobs and more than $445 million in salaries.
The project would become one of the largest foreign investments ever for the U.S. economy.
Insights into the area’s post-9/11 transformation and today’s challenges.
Insights into the area’s post-9/11 transformation and today’s challenges.
The office property traded at roughly $511 per square foot, 49 percent higher than the metro’s average, recorded in year-to-date office sales through July.
The deal expands DivcoWest's Los Angeles office footprint to more than 1 million square feet.
The deal also includes the assumption of Columbia’s consolidated and unconsolidated debt, the companies said in a statement.
The acquisition would take the New York City-based office REIT private.
The signing of the leases backfills approximately 190,000 square feet of vacancy on floors six, eight and nine.
The company has been seeking to fill the space Barclays left vacant earlier this year.
The ongoing surge in demand, coupled with low vacancies nationwide, has benefited industrial properties.
Two of the metros saw investment volume swell in the first half of 2021 to more than double the previous year, CommercialEdge data shows.
The second quarter of 2021 saw a sizeable increase in customer activity in the logistics real estate sector, pushing Prologis’ U.S. Industrial Business Indicator up from 59 to 71 quarter-over-quarter—its highest figure on record.
Prologis’ latest index reflects unprecedented industry fundamentals.
CT Realty signed Total Office Solutions to a 10-year lease agreement to occupy the property for its headquarters before construction of the more than $30 million, Dallas-area project had reached completion.
Construction on the newly delivered facility had begun on a speculative basis.
The post-COVID-19 shift is trending away from the traditional model to an emphasis on outpatient care to offload pressure from hospitals’ main campuses.
Central Consulting & Contracting’s Richard Simone discusses the sector’s strengths and vulnerabilities.
The pandemic has supercharged the growth of this sector and hot spots such as the San Francisco Bay Area are reaping the benefits.
With incoming investments at an all-time high, Savills' Austin Barrett talks about the sector's future.
Lineage Logistics has completed the final phase of its expansion efforts for a temperature-controlled storage facility in Manchester, U.K.
Following the latest expansion, the U.K. facility now consumes 75 percent less energy compared to the average consumption of similar projects in Europe.
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Here's a quick overview of the most noteworthy trends in industrial architecture and design now.
Now, in a world stunned by the COVID-19 outbreak, smart tech will become more important than ever to office owners and occupiers.
VIDEO: Buildings these days feature more than attention to sustainable construction and practices meant to help save the planet, they commit to factors that greatly improve people’s health and comfort, such as ample daylight and better indoor air quality.
📹Preferences are shifting, according to Jennifer Mejia, director with Gensler, who sat down with CPE at the NAREE Real Estate Journalism Conference to outline some of the most significant findings of the architecture and design giant’s most recent U.S. Workplace Survey.
Counselors of Real Estate chair Julie Melander takes a more intensive look into the key issues impacting the commercial real estate industry this year. She examines the issues with the greatest surprise factor and the biggest impact—and offers advice to prepare for what’s to come.
Executive Managing Director Alan Weisman of Lee & Associates provides insight into New York City's industrial warehouse market, revealing the changes the industry has faced during the past few decades.
James Segil, president & co-founder of OpenPath Security, reveals the reason why mobile access tech is the next generation of security and workplace automation
CPE sat down for a live chat with Amanda Bogner, president and founder of Omaha-based Energy Studio and recipient of the 2018 CREW Impact Entreprenurial Spirit Award, at CREW's annual convention in San Diego.
CPE is live with Amanda Bogner, president and founder of Energy Studio and CREW Impact award winner in San Diego at the 2018 CREW Convention and Marketplace
Cushman & Wakefield Americas Head of Research Revathi Greenwood sits down with CPE Editorial Director Suzann Silverman to offer insights into the 2020 outlook she presented at the National Association of Real Estate Editors annual real estate journalism conference in Las Vegas.
Counselors of Real Estate Chair Joseph Nahas Jr. sat down with CPE to evaluate the top issues impacting the real estate sector, both currently and in the long term, during the National Association of Real Estate Editors real estate journalism conference in Las Vegas in mid-June.
Now you can get trend and strategy insights. Read the April digital issue of Commercial Property Executive! Find it here: https://www.cpexecutive.com/digital-magazine-archive/
Join Latch on this @Multi-Housing News webinar to learn how smart access systems can deliver benefits beyond security and convenience.
Now you can get trend and strategy insights. Read the April digital issue of Commercial Property Executive! Find it here: https://www.cpexecutive.com/digital-magazine-archive/
Blackstone and Equity Office are bringing the former Sears Tower into the 21st century with a mega-makeover that will turn the iconic office building into a modern workspace with leisure amenities, technology and experiential dining. Read the full story: https://www.cpexecutive.com/post/first-look-at-the-500m-willis-tower-redevelopment/
Now you can get trend and strategy insights. Read the April digital issue of Commercial Property Executive! Find it here: https://www.cpexecutive.com/digital-magazine-archive/
CPE's Stars To Watch 2018 Ten of the industry’s top young professionals who are achieving success while making a difference for their companies.
We're live at Resource Furniture for #CPEMHN17
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