What happened, and who moved.
Monday Properties announced that the Arlington County Board granted approval of a major site plan amendment for 1401 Wilson Boulevard and 1400 Key Boulevard. With the approval, a transformative mixed-use development at the 2.1-acre site encompassing both 1401 Wilson Boulevard and 1400 Key Boulevard in Rosslyn can…
Pearlmark announced that it closed on a $24.2 million debt investment for the acquisition of 1201 W Lake Street, a seven-story, 141,771 square foot office building located in Chicago, Illinois. The investment was originated and structured on behalf of Pearlmark Realty Senior Mortgage Partners I, L.P. The property…
One World Trade Center is almost 100 percent leased thanks to the latest deal with an artificial intelligence company, Commercial Observer has learned. Mercor, which employs human experts to train AI algorithms, has inked a five-year, 25,550-square-foot deal on the 77th floor of the Lower Manhattan office tower,…
Los Angeles’ Oceanwide Plaza, a massive downtown development stuck in limbo so long it became tagged and transformed into the infamous Graffiti Towers, has been cleared for sale. The long process of selecting a new developer after the original Chinese developer went bankrupt may finally be coming to a close. KPC…
BlackRock flexed its muscle as one of the artificial intelligence data center boom’s most powerful players this week. The investment giant executed roughly $57B in data center transactions by financing Meta’s massive Texas campus and closing its...
In addition to professional hockey, the Dallas Stars’ planned $3B sports and entertainment district in Plano will bring an injection of new trophy office space to a city that hasn’t had any Class-A deliveries since 2024. Dallas-Fort Worth leads...
Governments and local authorities across multiple countries are implementing stricter regulations on data centre developments to manage resource demands driven by artificial intelligence expansion.
US Census Bureau data shows single-family housing construction weakened in June as higher mortgage rates and elevated inventories of unsold homes pressured residential development.
Dallas-based data center provider Csquare completed a $1.05 billion initial public offering, selling 50 million shares at $21 each amid strong investor demand for AI infrastructure assets.
Andover Properties completed an acquisition of a two-property self-storage portfolio located in the Denver metropolitan area.
Boston's life sciences sector demonstrates emerging recovery signals while maintaining favorable leasing dynamics for occupiers.
A hotel operator completed a major renovation project at a Courtyard by Marriott property in the Boston area.
Collegium Pharmaceutical has signed a 40,288-square-foot lease to relocate its corporate headquarters at One Lincoln in downtown Boston, contributing to continued leasing momentum at the property managed by DivcoWest.
A $40.8 million refinancing was arranged for a 200,750-square-foot manufacturing and R&D portfolio in Wilmington.
Synergy and Axonic have acquired a 358,406-square-foot office tower located at 265 Franklin Street in downtown Boston.
A healthcare organization renewed a substantial medical facility lease in the Boston area, representing continued occupancy of clinical space.
Equus Capital Partners completed the acquisition of a 300,075-square-foot industrial park in the Greater Boston area.
A $65 million land sale is advancing the redevelopment of the former South Weymouth Naval Air Station.
Cloud Capital announced formation of a $6 billion joint venture with Realty Income and an institutional investor focused on data center development and acquisition.
Washington Trust arranged a $75.6 million financing for a new orthopedic surgery center in Waltham, Massachusetts.
A brokerage completed the sale of three medical office condominium units in Plymouth, Massachusetts.
EagleBridge Capital obtained construction financing for a townhome development project in Swansea.
A developer has initiated a speculative flex/R&D project in Billerica along the Route 3 corridor in response to growing demand for this asset class.
AdvanCell has signed a full-building lease at an innovation park facility in Andover, representing a major occupier commitment to the property.
Robotics company Boston Dynamics executed a major lease transaction for 320,000 square feet at Reservoir Place in Waltham, Massachusetts.
A company plans to expand its headquarters in Milford, Massachusetts, with a leasing announcement involving 120 new jobs.
A major research campus development in Boston's Allston neighborhood opened through a partnership between Harvard, Tishman Speyer, and Breakthrough Properties.
Law firm Weil relocated its Boston office to Lyrik Back Bay, expanding its footprint in the market.
A 91-unit affordable housing development in Dorchester has been completed by the Affordable Housing and Services Collaborative.
Analysis of tech sector office leasing activity showing record tenant demand for 15.3 million square feet of space since early 2020.
CBRE brokered three lease transactions totaling over 75,000 square feet in Chelmsford, Massachusetts.
A 50+ megawatt data center facility has become available for lease or acquisition in Lehigh Valley, Pennsylvania.
Five 9s Digital sold its Columbus data center asset to an existing tenant, completing a real estate ownership transaction.
Crusoe's Texas data center facility for OpenAI has secured $11.6 billion in funding to support expansion.
A major data-center developer receives a $6.4 billion equity investment, reflecting growing capital deployment in AI-driven infrastructure demand.
Foxlink, a Taiwan-based electronics manufacturer, is establishing its first U.S. AI-focused manufacturing facility at AllianceTexas in Fort Worth, signaling investment in domestic advanced manufacturing capacity.
LITEON announced a major advanced manufacturing campus investment in McKinney, Texas valued at nearly $1 billion.
Lee & Associates of Illinois has negotiated the purchase of a 455,858-square-foot industrial building located at 16801 Exchange Avenue in Lansing, Illinois. Walter Murphy, Principal at Lee & Associates of Illinois, represented the buyer, RBT Industries (The Great Escape), a retailer of the leading home leisure…
CBRE has arranged the sale of Shops at Crossroads, a 133,717-square-foot grocery-anchored shopping center located at 3560 Route 611 in Bartonsville, Pennsylvania. Chris Munley, Colin Behr, Ryan Sciullo, and Casey Smith of CBRE’s National Retail Partners team represented the buyer and the seller in the transaction.…
Nack Development is moving forward with a 55,000-square-foot mixed-use project in Celina, with the help of a $3 million incentive package. Trackside Junction will include retail, restaurant, office, event and residential space. Community Impact reports that the plans for the two buildings include a four-story,…
A $71 million affordable housing complex is coming to the northeast corner of North Main Street and 29th Street near the Fort Worth Stockyards. Fort Worth Housing Solutions and Oldham Goodwin Development plan to build The Exchange Apartments on a 14-acre site at the Stockyards North mixed-use development. The Fort…
A joint venture between the Ardent Companies and StepStone Real Estate has secured a $140 million loan to refinance a portfolio of eight, Class A self-storage properties in seven northeastern U.S. states, according to a release. ACORE Capital provided the debt, structured as a floating-rate loan, while a JLL…
GO Residential REIT has been on a bit of a buying spree this year, and it just completed its previously announced acquisition of an approximately 81 percent managing interest in a multifamily building in Crown Heights, Brooklyn. The real estate investment trust, using the LLC GO 409, acquired control of the…
A new nontraded multifamily REIT was born this week as part of a $617M recapitalization of more than 60 properties, including an under-construction apartment tower in Manhattan.
Cracker Barrel Old Country Store Inc. sold an underperforming asset and entered into a sale-leaseback deal to bolster its finances and increase future profitability.
A major conglomerate is offloading one of the nation’s most recognizable auto service chains, but not some of the real estate it occupies.
Tower firm continues Edge-at-tower play
SAN ANTONIO — Dallas-based Rosewood Property Co. has begun leasing a 359-unit multifamily project in the Alamo Heights area of San Antonio that represents Phase III of a larger development known as Tobin Estates. In addition to the 265 apartments that will be housed in four-story wraparound buildings, Phase III…
NEW CANEY, TEXAS — Partners Real Estate has brokered the sale-leaseback of a 55,700-square-foot industrial building in New Caney, a northeastern suburb of Houston. According to LoopNet Inc., the building at 18913 Phillip Way was constructed in 2020 and features 30-foot clear heights. Griff Brandy, Ryan Osborn,…
HOUSTON — Holt Lunsford Commercial Investments (HLCI) has completed Par 1960, a two-building, 254,186-square-foot industrial project in northwest Houston. Building 1 spans 204,375 square feet and features 32-foot clear heights and a front-load configuration. Building 2 totals 49,811 square feet and features 28-foot…
HOUSTON — Cooler Master Corp. has signed a 97,285-square-foot industrial lease in West Houston. The deal is for the entirety of Building 2 within Grand West Crossing, a development that is ultimately planned to feature six buildings, two of which are now complete and two of which are under construction. Richard…
PCCP has provided a $51.8 million senior loan to a joint venture between Phoenix Capital Management and P.B. Bell for the refinance of Everly at Morrison Ranch, located at 4353 E. Elliot Road in Gilbert. Built in 2025, the 236-unit Class A garden-style multifamily community is 97% leased and is within Morrison…
JLL’s M&A and Corporate Advisory, Corporate Banking Advisory and Debt & Equity Advisory teams collectively secured $617 million in financing for Link Apartments REIT and Link Apartments Opportunity Zone REIT. Both are Grubb Properties-managed REITs, along with Link Apartments 8 Carlisle, a 64-story, Class A…
Blueprint Investment Properties purchased the 100%-leased Broadmoor Plaza in Mesquite. About the same time, Newport Capital Partners purchased the Towne Crossing development.(shown). The Dallas Business Journal reports that David Disney of Disney Investment Group, who helped facilitate both deals, said both deals…
The NRP Group announced the financial closing and groundbreaking of Catalina, a 336-unit affordable housing community in Travis County near Austin, Texas. Developed in partnership with the Housing Authority of Travis County (HATC), the community will provide affordable housing for families and working professionals…
Crescent Communities closed on a parcel of land for NOVEL Norterra, a new four-story multifamily community planned in northern Phoenix, Arizona. Situated on an 8.5-acre site just east of I-17 in the Norterra neighborhood, the development will include 248 for-rent residences near the TSMC Arizona semiconductor…
The myriad headwinds facing New York City hotel investors just got even stiffer. The Big Apple’s hospitality industry confronted rising operating and borrowing costs from persistent inflation in recent years that was further compounded by a big drop in international tourism since President Donald Trump assumed…
GFP Real Estate has signed three new deals at its Midtown office tower at 515 Madison Avenue, totaling nearly 9,000 square feet of space, the landlord announced Tuesday. In the largest deal, investment management firm T7 Capital signed a five-year, 3,956-square-foot lease on the building’s 29th floor. It’s unclear…
For a few days last week, two buckling steel columns at the Pfizer Building became the biggest real estate story in America. If you only read the headlines, you might conclude that office-to-residential conversions are suddenly in trouble. The opposite is closer to the truth. Quietly, New York has become the…
ROANOKE, BEDFORD and DANVILLE, Va. — Marcus & Millichap has brokered the sale of a three-property seniors housing portfolio in Virginia. Located in Roanoke, Bedford and Danville, the portfolio totals 167… The post Marcus & Millichap Brokers Sale of Three-Property Seniors Housing Portfolio in Virginia appeared first…