News
InSite Property Group Acquires 1st DC-Area Storage Asset
The two facilities previously traded in 2005, when Coakley Realty paid $12.5 million for them.
Greenbuild 2020 Conference Highlights
USGBC leaders and real estate executives explore a variety of topics, including trends in reducing carbon emissions, healthy building strategies, and ideas for a sustainable future.
Cushman & Wakefield To Lease, Manage Tampa Office Projects
The company will oversee operations for two upcoming buildings in the $3 billion Water Street Tampa development.
Office Absorption to Recover in 2022, NAIOP Predicts
Office leasing trends are expected to track the economic rebound, according to the association’s new forecast.
FCP, Kane Realty Sell Mixed-Use Raleigh Asset for $236M
The LEED Gold-certified, Class A office, retail and multifamily property delivered in 2018.
RCG Ventures Sells Florida Retail Plaza for $10M
Plaza Advisors brokered the disposition of the Dollar Tree-anchored Naples Towne Center, located adjacent to U.S. Route 41.
PGIM Provides $408M Senior Loan for Industrial Portfolio
An institutional investor is using the financing to acquire 11 properties totaling 4 million square feet.
Blackstone Gets $120M Loan for North Carolina Industrial Buy
PGIM Real Estate arranged the variable-rate loan for the 3 million-square-foot portfolio in Greensboro and Durham.
Ford Unveils Plans for 30-Acre Detroit Redevelopment
The 1.2 million-square-foot “mobility innovation district” is centered on the former Michigan Central train station near downtown and will eventually accommodate 5,000 employees.
Rexford Industrial Realty Buys Logistics Assets for $339M
The REIT acquired more than 1.1 million square feet of Class A distribution space in Greater Los Angeles.