News

CRE Confidence Soared in Q1, Says SIOR

Overall market confidence among participants in the Society of Industrial and Office Realtors’ latest survey jumped to its highest level since the onset of the pandemic.

RMR Mortgage Trust, Tremont Mortgage Trust to Merge

The combined REIT will focus on middle-market transitional bridge loans, with the total value of invested assets anticipated to reach $1 billion.

NorthBridge Closes Latest Fund at $500M Hard Cap

Park Madison Partners served as the exclusive placement agent for the new investment vehicle, which will target last-mile logistics properties on the East Coast.

Sumitomo to Renovate, Rebrand Phoenix Office High-Rise

Transwestern, which manages and leases the former Collier Center, will join the ownership in executing the $10 million transformation.

Apple to Build 1 MSF Campus in North Carolina

The iPhone maker plans to create more than 3,000 jobs in the Research Triangle area as it expands across the U.S.

Cleveland-Area Medical Facility Sells for $58M

The nearly 70,000-square-foot facility was Lake Health’s first hospital outside of Lake County.

How to Work Successfully in a Post-Pandemic World

Project Success President & CEO Clint Padgett—an expert in team building and the art of conversation—talks about the work model of the future.

CenterPoint Properties Buys 1 MSF Lehigh Valley Asset

The acquisition of the recently completed facility marks the buyer’s entry into the market.

Prologis to Launch LEED v4 Volume Program

The warehouse development powerhouse is the first logistics sector developer to commit to the latest version of the USGBC’s LEED Core and Shell Volume Program.

ASB Real Estate Trades DC Office Building for $202M

Originally built as an industrial structure in 1909 and extensively renovated in 2001, the five-story property is primarily leased to government agencies.