News

ESI Sells 179 Acres of AZ Business Park

The company has sold more than 61 percent of Surprise Pointe’s land to three different buyers: a developer, a distributor and a manufacturer. CBRE is representing the firm in the continuous sale of the 290-acre property.

Friedman Facilitates MI Office Park Sale

Holiday Office Park in Lansing comprises nine buildings ranging from 80,420 to 120,683 square feet across one to two stories.

Economy Watch: Construction Spending Edges Down in March

Construction in the commercial sector slipped 2.3 percent from the previous month, but the silver lining is a 8.1 percent gain compared to March 2017, the Census Bureau reported.

Industrial Quarry in Maine to Become 1 MSF Mixed-Use

Waterstone Properties Group Inc., in a partnership with the City of Westbrook, is developing Rock Row, a mixed-use revitalization project of an industrial quarry site in suburban Portland.

The May digital issue of CPE is now available!

Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.

New Logistics Center Coming to Kyle, TX

The two-building, 400,000-square-foot distribution and fulfillment center will be built in phases by a joint venture comprising Hillwood Properties, HPI Real Estate Services & Investments and Kyle officials.

Detroit’s Revitalization Combines Old and New

For a city that filed for bankruptcy just five years ago, Detroit is on a path to revitalization that shows no signs of slowing down. 

1271 Avenue of the Americas in Manhattan

Latham & Watkins Leases 407 KSF at Iconic Rockefeller Center

The leading global law firm will relocate its Manhattan offices and occupy 10 floors in Rockefeller Group’s 1271 Avenue of the Americas by 2020.

Westinghouse Site, Newark, N.J.

SJP, Aetna Form JV for 2 MSF NJ Redevelopment

The project entails the transformation of a 3.7-acre site that had been home to a Westinghouse plant in downtown Newark.

175 W. Jackson in Chicago

Brookfield Fund Snags Chicago Office Tower for $305M

JLL Capital Markets represented the seller, an ultra-high-net-worth European family advised by Extell Development. Situated in the Central Loop, the 22-story 175 W. Jackson high-rise dates back to 1912.