News

Monmouth Buys FedEx-Leased Facility for $48M

Located in Whitsett, N.C., the 286,281-square-foot building is under a 15-year lease with the delivery company.

Consolidated Tomoka Sells CVS in Downtown Dallas

Marcus & Millichap represented the seller and procured the buyer, a Florida-based 1031 exchange investor.

CIM Group Tops Out Miami Mixed-Use Development

The upcoming project in the Wynwood Arts District will feature office, retail and studio space along with 257 apartments when it is completed in mid-2021.

Hines JV Expands Dallas Storage Footprint

Flagstar Bank provided a three-year, $7.1 million loan for the acquisition of a CubeSmart-managed property.

InSite Property Group Opens LA-Area Storage Facility

The firm transformed the ground level of a 150,000-square-foot office building into 75,000 square feet of self storage space.

Solar Installations Power Through the Pandemic

Projects at commercial properties have continued apace, fueled by pre-COVID approvals, cost-reduction goals and opportunities to install systems while buildings are largely unoccupied.

Acuity Brands Debuts Versatile Luminaires

Products in the SLOT 1 collection can be digitally linked to system-wide solutions in a network that can control a single room, a zone or an entire building.

San Diego Office Park Trades for $39M

Longfellow Real Estate Partners acquired Sorrento Tech, a fully-leased R&D campus.

Raising the Bar for Greenhouse Gas Reduction

Skanska’s Sarah King and Stacy Smedley discuss an innovative open-source tool designed to reduce carbon emissions during development.

ULI Forecasts Strong CRE Growth to Return in 2022

Only industrial vacancies will resemble pre-pandemic levels, according to the Urban Land Institute’s latest semi-annual economic outlook.