Regions
LIC Warehouse Lands $23M Financing
Circle F Capital will use the loan to redevelop the former manufacturing facility into residential apartments, retail space, storage units and parking.
Economy Watch: CRE Prices Edge Down in December
The Ten-X Commercial Real Estate Nowcast posted its eight consecutive month of contraction, with pricing just 1 percent higher than a year ago.
Penwood Expands PA Industrial Footprint
The new owner will bring multiple improvements to the two-building property in order to attract future tenants. Currently, the asset is fully occupied.
Blue Vista JV Snags Phoenix Office Campus
The joint venture between Everest Holdings and Blue Vista Capital Management acquired the two-building asset completed in 2001 for $23.6 million.
10 Most Active Warehouse Construction Markets
Industrial land prices have risen sharply in the past year, in response to demand for e-commerce fulfillment centers, according to a CBRE report.
Trammell to Develop 329 KSF Facility in Phoenix
The joint venture will donate 1.5 acres of land to Veterans of Foreign Wars, a nonprofit organization, which will build a new headquarters along Van Buren Street.
Leadership Changes Announced at PGIM Real Estate
Cathy Marcus will assume the role when Kevin Smith retires in May, while Alfonso Munk will take on expanded responsibilities, as well.
Durham Office Campus Commands $37M
Central Park South and West in Durham, N.C., spread across 18 acres and are located near the Research Triangle Park, one of the largest research campuses in the world.
JV Sells Oklahoma Retail Project Site
The Broe Group and Sheffield Crossing disposed of 18 acres to the city of Sand Springs, Okla. for a new retail development along Highway 97.
New Urbanism’s Next Chapter
New Urbanism officially turns 25 this year, though its founders had been using its principles to design communities for years before the meeting of the movement’s first congress in 1993.