Business Specialties

PowerHouse Data Centers has closed on the site of PowerHouse Reno, its first project outside Northern Virginia

PowerHouse Secures Site for $400M Data Center Campus

The development marks the company’s first project outside of Northern Virginia.

353 N. Clark St.

Heitman Signs 100 KSF Lease Extension at Chicago Tower

The tenant, a financial services firm, will also downsize its footprint at the property.

The project proposed at 2177 Jerrold Ave. includes the construction of a cabin village. Image courtesy of Newmark

San Francisco Industrial Asset to Become Shelter

The city leased 90,000 square feet in the Produce Market area.

the 2024 report image CPE retail

What’s Ahead for Retail in 2024?

Here are the trends that shaped the sector in 2023, plus experts’ predictions for this year.

Lisa Pendergast of CREFC

Why CREFC Survey Says Things Are Looking Up

Optimism takes a record jump in the organization’s latest poll, but sector-specific concerns remain.

A Realty Income Corp. retail property in Minnesota. Image courtesy of CommercialEdge

Realty Income Closes $9.3B Spirit Capital Acquisition

This deal adds 61.6 million square feet to the REIT’s portfolio.

Net Lease Cap Rates Continue Upward Trend

With interest rate cuts likely ahead, The Boulder Group forecasts increased transaction volume this year.

Monday Properties JV Adds Tenant at DC Trophy Tower

This deal closed as the owners seek to stabilize the property and repay nonperforming debt.

Given its location, the Monroe Street Portfolio received major investor interest. Image courtesy of JLL Capital Markets

Triple BAR Group Buys Retail Portfolio

Anchors at the Ohio shopping centers include Target and Marshalls.