119 stories on commercial real estate in commercial real estate.
CBRE has named Gary Scalise managing director and Pittsburgh market leader, succeeding Mamadou Baldé, who moved to lead the firm's Greater Philadelphia market.
Finial Group brokers Jason Gibbons and Andrew Bischoff arranged the off-market sale of a 19,500 SF, three-building industrial portfolio on Glenmont Drive in West Houston.
Texas commercial real estate firms continue reshuffling executive ranks and expanding footprints as the market adapts to shifting demand across major metros. New hires, promotions, and company expansions signal where the industry sees momentum building.
Atlanta-based Ardent Cos. has signed Sprouts Farmers Market to anchor Crossroads Shopping Center in Savannah, GA, with a 28,000 SF redevelopment targeting a 2027 opening.
Berkeley Capital Advisors arranged the $12 million sale of the fully leased, 93,392-sq-ft Tuckernuck Commons shopping center in Richmond, Virginia.
New York-based Clarion Partners has successfully closed more than a dozen targeted, single-asset healthcare real estate investments, spending well over $1 billion to expand its medical portfolio. The strategic acquisitions deepen the firm's partnerships with established operators and highlight a strong institutional conviction in the medical outpatient sector.
Daniel Romualdez Architect P.C. signed an 11-year, 5,670 SF lease at 10 East 40th Street in Bryant Park, brokered by Lee & Associates NYC.
Property owners with supposedly fixed-rate mortgages are facing abrupt monthly payment hikes driven by soaring escrow shortages for taxes and insurance. The trend is sending shockwaves through commercial real estate underwriting and forcing a reassessment of "fixed" debt assumptions.
Hanley Investment Group sold a newly built 7-Eleven in Madera, CA for $12.2M — the highest-priced single-tenant 7-Eleven ever sold in California.
Berkeley Capital Advisors brokered the $18.8M sale of West Broad Commons, a 109,551-SF fully leased grocery-anchored center in Richmond, VA, to a Maryland-based buyer.
CRE's data-hoarding culture is blocking AI adoption, as firms prioritize proprietary metrics over the collaborative datasets AI models need to deliver results.
Colliers has brokered the sale of a 321,000 SF, 11-story office tower at 2323 Grand Boulevard in Kansas City to Wichita-based Crain Co.