Business Specialties
Phoenix Market Update: Office Pipeline Stays Full
Nearly 2.4 million square feet were under construction across the metro as of April, according to CommercialEdge information.
USAA Takes 90 KSF in Charlotte
The financial services giant is establishing a significant footprint in the city’s trendy South End neighborhood.
Top 5 Markets for Industrial Transactions
CommercialEdge data shows that these metros accounted for nearly one-third of investment volume nationwide.
Dallas-Fort Worth Market Update: Development Holds the Line
The Metroplex had nearly 7.2 million square feet of office space underway as of April, representing 2.7 percent of stock, according to CommercialEdge data.
Los Angeles Market Update: Prepped for Recovery
Six office properties were completed across the metro in the first quarter, totaling more than 400,000 square feet.
DivcoWest Pays $135M for Lower Manhattan Asset
The 220,000-square-foot building in Hudson Square previously traded for $110 million.
Brookfield Buys Seattle Campus for $200M
Block 24 marks the company’s second Facebook-leased building within the mixed-use Spring District development in Bellevue, Wash.
Rosendin Electric Leases 146 KSF at Phoenix-Area Industrial Park
Advised by CBRE in navigating the high-demand market, the company inked a deal at a newly delivered building in Mesa, Ariz.
Penn Inks Lease at Philadelphia-Area Life Science Hub
The university is taking more than 150,000 square feet in King of Prussia, Pa., for its Gene Therapy Program.
Houston Distribution Center Lands New Tenants
GCP Paper USA Inc. and Tailift Material Handling USA bring Interwood Distribution Center to 80 percent occupancy less than five months after it was completed.