News

Miami Market Update: Investment Volume Goes Through Roof

The metro’s office market has seen a 223 percent increase in transaction volume in the first half of 2021, CommercialEdge reports.

Hines Closes Latest Fund at $750M

The new open-ended fund represents more than $1.2 billion in investment capacity.

Blackstone Buys WPT Industrial REIT for $3.2B

The all-cash transaction will allow Blackstone Real Estate Income Trust Inc. to enhance its U.S. logistics footprint.

CLOSED: 2021 Executive of the Year Awards Nominations

Commercial Property Executive is putting together the ballot for this year’s Executive of the Year awards, and we want your input. The deadline to submit is August 18!

Upstate New York MOB Portfolio Changes Hands

This is the largest sale in terms of square footage that has closed in the state since the beginning of 2021.

Nuveen Real Estate, NexCore Team on $620M Deal

The coast-to-coast portfolio includes a wide range of medical office and life science facilities.

Construction cranes. Image by analogicus via Pixabay

Why Construction Continues to Slow Down

Nonresidential construction planning fell 6 percent in July, according to the Dodge Momentum Index.

Denver-Area Office High Rise Commands $66M

KBS had owned the Class A property in Greenwood Village, Colo., for nearly 10 years.

Pacific Industrial Kicks Off 824 KSF Project

The development is close to Salt Lake City International Airport.

Cohen Asset Management Buys LA Facility for $57M

The fully leased property traded at $279 per square foot, above the market average.