What happened, and who moved.
Slate Asset Management and Hamilton Lane have acquired a majority stake in Cold-Link Logistics, a North American cold storage platform.
Slate Asset Management has agreed to acquire a $226.5 million multifamily portfolio in the Sunbelt region.
A planned companion document to ASHRAE 90.1 will elevate current informative appendices on operational emissions guidelines to more prominent status.
Greybrook Realty Partners announced securing $61.2 million in committed equity capital for a multifamily residential development project with developer partner PMG on a prime land parcel in Atlanta, Georgia.
Brazilian investors are allocating a larger share of their overseas real estate capital to Portugal (18.7%) than to the United States (15.7%), according to Idealista reporting.
Trez Capital's TOF IX fund has made a joint-venture equity investment in Wildrye North, a 998-lot residential development in Northwest Houston.
A lender executive discusses strategies for adapting to market conditions, emphasizing conservative approaches and diversification.
Global flexible workspace provider Mindspace has signed a new 54,000-square-foot lease at Two Transamerica Plaza, located at 505 Sansome St., San Francisco, within the Transamerica complex, marking the company’s second location in San Francisco and its largest in the U.S. The new lease nearly triples Mindspace’s…
Colliers’ Dan Arends, Dougal Jeppe, Corby Marx, Joe Stevens and John Arends recently represented Swanson, Martin & Bell, LLP in a 56,760-square-foot long-term, headquarters lease restructure and renewal at 330 N. Wabash Ave. in Chicago. The 52-story riverside office tower is the last building in the U.S. designed…
Schnitzer West is under exclusive agreement to purchase The Bravern Office Commons and Garage, a two-tower, 749,694-square-foot office property that the company originally developed in downtown Bellevue. The Bravern Office Commons and Garage were developed and delivered by Schnitzer West in 2009. The property…
Colliers has facilitated the successful sale of 4501 Boston Way and 4701 Forbes Boulevard, two highly specialized manufacturing and engineering facilities totaling approximately 76,000 square feet in Lanham, Maryland. The acquisition reunites Genesis Engineering Solutions’ headquarters and manufacturing facilities…
NAI Hiffman and GREA announced the closing of the Downtown Hinsdale Portfolio, a four-parcel, multi-tenant commercial property located at 10 W. Chicago Avenue in downtown Hinsdale, Illinois. NAI Hiffman Senior Vice President Arthur Burrows, along with GREA Senior Managing Directors William Montana and Christopher…
Kiser Group Directors Jacob Price and Katie LeGrand facilitated the sale of a 78-unit apartment building located at 6748-50 North Ashland Avenue in Chicago’s Rogers Park neighborhood for $11.5 million. The property was acquired by a local owner-operator with an existing portfolio in the neighborhood. Originally…
Resource Realty of Northern New Jersey (RRNNJ) negotiated a 173,475-square-foot, long-term industrial lease at the newly constructed Spring Brook Commerce Center, located at 128 Iron Mountain Rd. in Mine Hill, NJ, on behalf of closeout retailer Amazing Savings. The transaction was led by the RRNNJ executive…
Law firm Hodgson Russ spearheaded a rush of new leases at Fisher Brothers’ 605 Third Avenue. The firm renewed its 19,900-square-foot lease on the 23rd floor of the tower, located between East 39th and East 40th streets, in June, according to the landlord. Newmark’s Brian Cohen and Kyle Ciminelli negotiated the…
A joint venture consisting of PGIM, Tribeca Investment Group and Meadow Partners has landed a $228.9 million loan to refinance a newly-renovated 19-story office tower in Manhattan’s Midtown South neighborhood. Rialto Capital Management, as part of a joint venture partnership with Hines, supplied the floating-rate,…
If these walls could talk, they’d talk about all the new leasing in Midtown. Infinium Wall Systems, a company that designs, engineers and installs wall systems and doors for offices, has inked a new office and retail lease spanning 30,017 square feet at Empire State Realty Trust (ESRT)’s 1359 Broadway, the landlord…
A joint venture went shopping near SoHo and didn’t come away empty-handed. Infinity Real Estate and KB Realty Partners just acquired the retail condominium at 75 Kenmare Street in Manhattan’s Nolita neighborhood—just outside of SoHo — for $11.75 million, Commercial Observer can first report. The transaction, which…
Somerset Development has secured $211 million in construction financing to build LIDO Asbury Park, an eight-story, 112-unit luxury condominium on the oceanfront of Asbury Park, N.J., according to a release. Madison Realty Capital and Cottonwood Group provided the construction debt. No broker was listed on the…
But proposal has been scaled back
“My wife is mad at me,” says local landowner
Brookfield and CPPIB will take LXP Industrial private in a $5.2 billion deal, betting on Sunbelt warehouses and U.S. industrial fundamentals. The post Industrial REIT Take-Private Shows Investor Confidence in Sunbelt Warehouses appeared first on Propmodo .
City approval clears a low-friction path to new AI infrastructure — no rezoning, no new footprint, just a rewiring of space Nvidia already occupies San Jose has cleared the way for a Silicon Valley research building already leased by Nvidia to become a full-fledged data center, the latest sign that the AI boom is…
JLL announced the $50.3 million monetization of a fully leased, 157,296-square-foot multi-specialty medical outpatient building located at 1200 Hilyard St. in Eugene, positioned two blocks from the University of Oregon. JLL represented the seller, PeaceHealth, as part of the disposition of its larger University…
Concord Summit Capital arranged $28 million in mid-construction financing for The Albritton, a 163,176-square-foot mixed-use project midway between Houston and Galveston, Texas. The debt was structured on a non-recourse basis at a 70% loan-to-cost ratio. Tannos Development Group is the developer. The Albritton,…
DivcoWest said Monday that Collegium Pharmaceutical has signed a headquarters lease for 40,288 square feet on floors 11 and 12 at One Lincoln in Boston’s Financial District, relocating from suburban Stoughton, MA. Slated for the first quarter of 2027, Collegium’s arrival adds a life science presence to a tenant…
Walker & Dunlop, Inc. arranged $228.9 million in financing to refinance 295 Fifth Ave., a newly redeveloped, 19-story Class A office tower in Manhattan’s Midtown South submarket. Better known as the Textile Building, the century-old landmark long served as a hub of New York City’s textile industry. Dustin Stolly,…
A joint venture between Core Spaces and Harrison Street Asset Management closed on a refinancing of a 408-unit build-to-rent community in Princeton, Texas. Multifamily News reports the note retires a previous $86 million construction loan issued by Western Alliance Bank in 2023, Newmark’s Jonathan Firestone, Blake…
Affinius Capital funded a $35 million loan to refinance Village Green at Bridgeland Central, a Class A mixed-use commercial development totaling approximately 198,000 square feet in Cypress, TX. Completed in 2025 and nearly fully leased, the property is located in Bridgeland, an 11,500-acre master-planned community…
A joint venture between Trinitas Ventures and Harrison Street Asset Management obtained a floating-rate bridge loan to refinance Atmosphere Tempe, a 530-bed student housing community in Tempe, Ariz. TSB Capital Advisors arranged the deal, while PGIM originated the debt. Multifamily News reports that previous…
Lovett Industrial and NewQuest are teaming up to develop Seguin Exchange Commerce Park, a 164-acre Class A industrial campus in Seguin, Texas. Upon full build-out, Seguin Exchange Commerce Park will deliver more than 2.0 million square feet of industrial and manufacturing space, with building sizes ranging from…
Alexandria Real Estate Equities, Inc. has delivered a 427,000-square-foot research & development hub for Bristol Myers Squibb (BMS) at the Campus Point by Alexandria Megacampus in San Diego. Since 1998, Alexandria has partnered with BMS across the REIT’s life science and advanced technology clusters. The initial…
Witkoff and Monroe Capital have secured a $302.6 million loan construction loan to build a multifamily tower in Downtown Miami, property records show. The high-rise will include about 890 units and 15,000 square feet of ground-floor retail space at 700 North Miami Avenue, between the MiamiCentral station and the…
Brookfield Asset Management is lined up for a big industrial acquisition. The global alternative asset manager with more than $1 trillion of assets under management has teamed with the Canada Pension Plan Investment Board (CPP Investments) to acquire LXP Industrial Trust in an all-cash deal valued at approximately…
Brookfield Asset Management has established a joint venture with Denver-based real estate investment trust (REIT) Healthpeak Properties for an interest in its vast medical property portfolio. The capital partnership, announced Monday, hands Brookfield and its affiliates a 49 percent interest in Healthpeak’s 86…
In a test of the appetite for Times Square offices, BXP has hired Will Silverman and Gary Phillips at Eastdil Secured to market the 7 Times Square ground lease, Commercial Observer has learned. BXP expects to ask from $700 million to $750 million. A source close to the deal said the price will be just […]
Two companies signed recent deals at SL Green Realty’s 1185 Avenue of the Americas. In the largest lease, international specialty insurance firm Ryan Specialty signed a 10-year renewal and expansion lease at the 42-story office property, taking 29,166 square feet across the building’s entire 38th floor, the…
Goldcrest Properties has sealed $25.5 million of acquisition financing for the purchase of a New Jersey multifamily asset, Commercial Observer has learned. M&T Realty Capital, a subsidiary of M&T Bank, provided the interest-only bridge loan for Goldcrest’s $33.8 million purchase of the 125-unit Hope’s Crossing…
Grocery delivery app Instacart is getting a bigger home in Midtown. The San Francisco-based technology company has signed a 26,134-square-foot lease at Empire State Realty Trust (ESRT)’s 111 West 33rd Street, the landlord announced Monday. The seven-year lease was signed during the second quarter of 2026, according…
Segro has once again rejected a takeover offer from Prologis, but the UK-based industrial REIT hasn’t left the negotiating table yet. The third bid valued Segro at around £13.5B, or about $18.2B, Prologis announced on Monday. The price is 9.7% higher...
Brookfield Asset Management purchased a 49% stake in a $2.1B medical office portfolio. Brookfield contributed more than $1B to form the joint venture with Healthpeak Properties, a Denver-based healthcare REIT. Healthpeak is contributing an 86-property,...
Aerospace and defense tech firms are pouring into the South Bay’s industrial market, turning a historically strong leasing submarket into the engine driving Los Angeles’ tightening vacancy and improving absorption. Although aerospace and defense companies...
ROCHESTER, MINN. — Inland National Development Co. and Reuter Walton Development (RWD) have broken ground on Citiwalk Apartments, a 342-unit project in downtown Rochester across the street from the Mayo… The post Inland, RWD Break Ground on $139M Citiwalk Project in Rochester, Minnesota appeared first on…
Combined investment of $1bn in facilities
Wixom officials refuse request as developer eyes three-building campus
Facility is expected to be completed by June 2027
Student Housing Business recently hosted the webinar “The Student Housing Bathroom Paradox: Balancing Aesthetics, Durability, and Operational Performance,” exploring how bathroom design decisions shape resident satisfaction, operational efficiency and long-term… The post Webinar — The Student Housing Bathroom…
The Wine Group, one of the world’s largest wine producers, has signed a 20,852-square-foot office lease at Hacienda Terrace in Pleasanton, a deal that adds to a run of leasing momentum reshaping the Tri-Valley’s largest business park after two years of contraction. The Livermore-based vintner leased the space from…
Amazon has committed to the full 317,000-square-foot tower at 1000 Enterprise Way in Jay Paul Co.’s Moffett Towers campus, absorbing space Google spent more than two years trying to shed and deepening the e-commerce giant’s standing as one of Silicon Valley’s largest office occupiers. Amazon.com has leased the…
San Jose city staff have signed off on a mixed-use project that pairs new housing with a permanent performance home for the city’s taiko drumming company, extending a residential builder’s now decade-long bet on one of the country’s last three historic Japantowns. City officials approved the project at 653 North…
PORTLAND, ORE. — MG Properties has purchased Tupelo Alley, a 188-unit mixed-use apartment community in Portland. Terms of the transaction were not released. Ira Virden, Carrie Kahn and Owen Wise of JLL represented the undisclosed seller in the deal. The property offers studio, one- and two-bedroom units. Charles…
SPRINGFIELD, MASSACHUSETTS — Owner-operator Onyx Partners has welcomed several new tenants to Springfield Crossing, a 34-acre open-air retail center in western Massachusetts that is a redevelopment of the former Eastfield Mall. Joining the tenant roster this summer are Target, which will anchor the second and…
SKOKIE, ILL. AND MUNSTER, IND. — Bradford Allen has negotiated two leases on behalf of Illinois Retina in the Chicago market. The medical services provider signed a 16,228-square-foot lease in Skokie, Ill., as well as an 8,728-square-foot lease in Munster, Ind., about 30 miles southeast of Chicago. Craig Nadborne…
BOISE, IDAHO — Harrison Street Asset Management has provided a loan for the refinancing of a 547-bed student housing community located near the Boise State University campus in Idaho. The borrower was a joint venture between Appian Capital and Subtext. Further details on the financing were not released. Delivered…
IRVING, TEXAS — JLL has arranged a $40.9 million acquisition loan for Allura Las Colinas, a 288-unit apartment complex in Irving. Built in 2003, the property features one-, two- and three-bedroom units and amenities such as a pool, fitness center, clubhouse, dog park and outdoor grilling and dining stations. Aldon…
ATLANTIC CITY, N.J. — Regional affordable housing owner-operator WinnCos. has begun the $33 million renovation of Garden Court Apartments, a 177-unit affordable housing property in Atlantic City. WinnCos. acquired the 20-building property, which houses 135 one-bedroom units and 42 two-bedroom apartments, in…
RICHMOND, VA. — CoStar Group has opened Foundry Park, its newly expanded, $460 million corporate office campus located along the James River in downtown Richmond. The expansion added 750,000 square feet of office and retail space to the riverfront. The now 1 million-square-foot, three-building campus integrates a…
NEW YORK CITY — Investment management firm Axonic Capital has arranged a $72 million senior loan for the refinancing of the leasehold interest of 430 Park Avenue, a 19-story office building in Midtown Manhattan. The floating-rate loan was funded through Axonic’s affiliated insurance business. The…
TUCKER, GA. — Centurion Foundation, an independent nonprofit organization that specializes in real estate and financing solutions for the healthcare and higher education sectors, has acquired Northlake Mall, a nearly 1 million-square-foot shopping center in the Atlanta suburb of Tucker, from Dallas-based ATR…
ORLANDO, FLA. — JLL Capital Markets has secured a $176.6 million construction loan for The Place at Alafaya, a 1,395-bed student housing development located at 11600 MacKay Blvd. near the University of Central Florida (UCF) campus in Orlando. Mona Carlton, Elliott Throne, Joshua Odessky, Michael Romero, JJ Hovenden…