Business Specialties
‘Turning Point’ for Office in 2022: NAIOP
Best- and worst-case scenarios in NAIOP’s latest demand forecast indicate a return to normal by the second half of 2022.
Virginia Flex Portfolio Trades for $61M
Heritage Capital acquired three industrial buildings totaling 525,000 square feet within Crossways Commerce Center in Chesapeake.
Net Lease Investment Back on Track: CBRE
Transaction volume totaled $14.3 billion in industrial, office and retail assets, marking a year-over-year decrease of just 2.6 percent.
South Florida Office Asset Lands Financing Deal
With the assistance of JLL Capital Markets, Sterling Organization obtained a $19 million loan for a Class A property in Boca Raton.
JLL Income Property Trust Secures $650M Credit Facility
The REIT will use the funds to increase the size and quality of its portfolio.
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.