Business Specialties
Clarion Partners Purchases Jacksonville Industrial Building
CT Realty and Diamond Realty Investments sold the property in a deal arranged by CBRE.
What to Expect for CRE in 2024
In this tight lending environment, all-cash buyers will benefit from bargain pricing, the firm predicts.
Phoenix Investors Affiliate Buys 785 KSF Memphis Facility
Electrolux had operated at the property until 2022.
RA Centers Buys Phoenix-Area Retail Asset
Cushman & Wakefield brokered the sale of Palm Valley Pavilions West, which will be managed by Vestar.
Harbor Associates JV Pays $45M for LA Office Building
The property traded at a significant discount compared to its previous sale.
For 2024, Prologis Forecasts Growing Freight Traffic
The company also predicts much more solar energy use at warehouses to support AI, EVs and robots.
Sharp Decline for Construction Starts
A sudden drop in manufacturing projects led to a major decline for the nonresidential sector.
Shorenstein Sells LA Tower for $148M
The deal marks the largest post-pandemic office sale in downtown Los Angeles.
PCCP JV to Develop 940 KSF Industrial Project in El Paso
Project Grande represents the first phase of a planned 1.8 million-square-foot industrial park.
Delray Beach Mixed-Use Project Lands $173M Loan
Pebb Capital plans to deliver the office and retail development by the summer of 2024.