Richard Berger

Richard Berger has 20+ years of experience covering commercial real estate for various media sites and CRE-related associations. He lives in Northern Virginia.

Shopoff Realty’s planned industrial project at 20th Avenue & I-10 in Desert Hot Springs, Calif.
Development

Shopoff Realty Plans 1 MSF Inland Empire Distribution Center

Construction on the project is expected to begin in the third quarter.

Richard Berger - June 12, 2024
Kyowa Kirin specialty pharmaceutical manufacturing plant in Sanford, N.C.
Development

$530M Manufacturing Plant Coming to the Research Triangle

A Tokyo-based firm has approved plans for a specialty pharmaceutical facility.

Richard Berger - June 11, 2024
Wendell Commerce Center
Development

Summit Real Estate Plans 1.8 MSF Metro Raleigh Industrial Park

Construction on the project’s initial phase is expected to be completed by October 2025.

Richard Berger - June 10, 2024
The NAIOP office space demand forecast, annual net absorption
Finance

Office Absorption to Stay Negative Through 2025

Will borrowers be able to refinance and meet their debt service coverage?

Richard Berger - June 10, 2024
Using AI to gather data
Technology

Best Practices for AI and Data Integration: CRE Leaders Weigh In

Applying artificial intelligence to decision-making does not simply mean “data in and miracles out.”

Richard Berger - June 5, 2024
Tishman Speyer and Mitsui Fudosan America are planning a logistics hub at 8 Centennial Drive in Peabody, Mass.
Industrial

Tishman Speyer JV to Redevelop Suburban Boston Property

Plans call for a logistics hub within a supply-constrained submarket.

Richard Berger - June 5, 2024
Giant Food grocery-anchored shopping center at Virginia Gateway
Investment

Federal Realty Pays $215M for NoVa Retail Center

Virginia Gateway features strong sales and high traffic counts in an affluent market.

Richard Berger - June 4, 2024