Business Specialties

Image by MicroStockHub/iStockphoto.com

Net Lease Deals Falter Amid Challenging Environment

A stubborn bid-ask spread is keeping all parties on the sidelines and pondering value.

FourFoutyFour South Flower. Image courtesy of Coretrust Capital Partners.

Transaction Highlights: July 2023

A coast-to-coast roundup of noteworthy office and industrial deals.

Image by RoschetzkyIstockPhoto/iStockphoto.com

Austin’s Office Vacancy Increases Sharply

Find out how the city is stacking up against other major markets, according to the latest CommercialEdge data.

Penn Station redevelopment. Image courtesy of Office of Gov. Kathy Hochul

No Office Towers for Penn Station Makeover

Details of the latest plan for the Manhattan landmark’s redevelopment.

Promenade at Carolina Reserve. Image courtesy of JLL

Bandera Ventures Sells Charlotte-Area Retail Center for $34M

The asset previously traded last year for nearly $37 million.

Data servers

Amazon to Pour Another $7.8B Into Ohio

The data center expansion is scheduled to wrap up by 2029.

Martens Breaks Ground on Phoenix-Area Industrial Campus

Mission Park will come online in the second quarter of 2024.

Sutter’s Creek Plaza

Asher Group Acquires North Carolina Retail Asset

Sutter’s Creek Plaza traded for $11.8 million.

245 Park Avenue

SL Green Sells Stake in 1.8 MSF Manhattan Tower

This deal with a Tokyo-based investor values the property at $2 billion.

How Is Seattle’s Office Market Faring Amid Tech Pullbacks?

The latest update, based on CommercialEdge data.