The latest commercial real estate news and developments.
Retailers are deploying AI-driven tools to extend digital personalization into brick-and-mortar locations, eliminating the disconnect shoppers have historically experienced when moving from e-commerce platforms to physical stores. This technological shift has significant implications for retail property performance and tenant engagement strategies.
A 34,000-square-foot retail strip center in Colorado Springs has changed hands in a $20.5 million transaction brokered by CBRE. The sale highlights continued investor appetite for well-positioned neighborhood retail assets in growing secondary markets.
Charlotte and Raleigh have secured the top two positions in Marcus & Millichap's 2026 Retail Investment Forecast, signaling strong investor confidence in the Tar Heel State's commercial corridors. The ranking highlights the continued migration of capital and population to Southeast markets.
CBRE has arranged the $20.5 million sale of Shops at Dublin Commons, a 34,104-square-foot retail strip center in Colorado Springs. The transaction highlights continued investor appetite for neighborhood retail assets in growing Front Range markets.
A newly constructed single-tenant property occupied by Whole Foods Market has sold in Madison, Wisconsin, with Mid-America Real Estate Corp. facilitating the transaction. The 51,361-square-foot deal underscores continued investor appetite for grocery-anchored assets in tertiary markets.
Trumark Homes is making a long-anticipated move into the Pacific Northwest through the acquisition of JK Monarch, signaling a strategic push into the Seattle metro area's competitive residential market. The deal provides the California-based firm an immediate operational platform in a region it has targeted for years.
The Federal Reserve has opted to maintain current interest rates, citing geopolitical uncertainty in the Middle East as a key factor complicating the economic outlook. Commercial real estate professionals should expect borrowing costs to remain elevated for the foreseeable future.
Carrier is developing technology that transforms traditional air conditioning units into active energy assets capable of supporting grid stability. The initiative could reshape how commercial property owners approach HVAC capital expenditures and operational sustainability.
The tobacco giant's U.S. division is establishing a new Business Solutions Center in Tampa, committing $50 million to the project and creating nearly 180 jobs. The facility aims to streamline corporate operations and add high-skilled talent to the local workforce.
A newly released index reveals that high-end flexible workspace in London is achieving rental rates significantly above traditional office leases, with premium properties in select submarkets commanding more than 200% of standard headline rents.
Younger Partners Investments has added a substantial North Texas property to its portfolio with the acquisition of Presidio Junction, a 375,000-square-foot retail complex situated at a strategic interchange along Interstate 35W.
A joint venture between Creation and Horizon Real Estate has secured commitments from four new tenants at The Switchyard in Queen Creek, Arizona, signaling continued momentum for the Southeast Valley's retail sector. The 10-acre mixed-use development continues to attract interest as the submarket experiences population-driven expansion.