News

Trinity Capital Advisors Breaks Ground on Spec Warehouse

The project will rise north of Charleston, S.C., along the Palmetto Commerce Parkway.

BentallGreenOak Invests $475M in Partnership With Xebec

The companies will focus on industrial assets and have already acquired five fully leased properties in Southern California.

Sorrento Towers, San Diego

Singapore’s Prime US REIT Buys Office Assets for $246M

In separate transactions, the company will purchase San Diego’s Sorrento Towers and One Town Center in Boca Raton, Fla.

Miami Market Update: Magic City’s Stable Supply Growth

The metro’s office development pipeline has been constantly expanding since the beginning of the year, CommercialEdge data shows.

The Top 10 Issues for CRE Now

COVID-19 is no longer the No. 1 concern for real estate decision-makers, but its effects are pervasive, according to The Counselors of Real Estate’s annual survey.

Tech and Finance Exodus to South Florida Fuels Office Demand

PMG’s Ryan Shear weighs in on how these relocations and expansions are shaping the region’s office market.

GI Partners Buys Life Science Asset for $79M

Part of Philadelphia’s University City, the property commanded more than triple the average price per square foot for office space in the metro.

Environmental

How REITs Outperform on ESG

Instead of stifling progress, the pandemic compelled the REIT community to embrace environmental, social and governance practices with even greater enthusiasm.

255 S. King St., Seattle

American Life’s Seattle Mixed-Use Property Lands $123M Refi

A stabilized office property, a premier hotel and a prime location was the right mix to attract lenders’ attention.

17100 Medina Road, Plymouth, Minn.

Link Logistics Pays $82M for Suburban Business Park

The Blackstone affiliate is the new owner of a light industrial property near Minneapolis.